Wall Street Journal

UPDATE: Trump Approves Plan to Keep TikTok Operating in the U.S. by Limiting ByteDance to 20% Ownership

[Update as of Sept. 26, 2025] President Donald Trump has signed an executive order that will allow TikTok and its increasingly popular…

SEC Accuses Owner of Modell’s, Pier 1 Imports of $112M Ponzi Scheme

[Editor’s note: the following has been updated to reflect information regarding the current ownership of RadioShack, which is not affiliated with the…

Kroger Reaches ‘Friendly’ Settlement with C&S Grocers Over Failed Albertsons Merger

Kroger has reached a settlement with C&S Wholesale Grocers, resolving the latter’s lawsuit following the collapse of Kroger’s $24.6 billion merger with…

Starbucks to Complete 1,000 Store ‘Uplifts’ in 2026, Plans to Phase Out Pickup-Only Locations

With a targeted investment of $150,000 per store, Starbucks is planning a new coffeehouse “uplift” program designed to quickly replace thousands of…

Walmart Cutting Approximately 1,500 Corporate Jobs

Walmart will lay off approximately 1,500 U.S. corporate workers, according to the Wall Street Journal. The retail giant has “identified opportunities to…

Wonder Buys Media Company Tastemade for $90 Million

Wonder, which describes itself as a “new kind of food hall,” has purchased retail media company Tastemade for approximately $90 million, according…

CVS to Open 12 Small Pharmacy-Focused Stores

Over the next year, CVS will open a dozen small-format stores in locations throughout the U.S. that will include full-service pharmacies but…

Struggling Kohl’s to Close 27 Stores, Cut 10% of Corporate Workforce

Kohl’s will close 27 underperforming stores by April 2025 and shutter an ecommerce fulfillment center (EFC) in San Bernardino, Calif. when the…

Alibaba Focuses on Digital Commerce with Sale of Sun Art and New South Korea Joint Venture

Seeking to focus more on ecommerce and other digital businesses, Alibaba Group plans to sell its more than 70% stake in Sun…

Inside JCPenney’s Transformation: A Data-Driven Vision and Future-Ready Tech Stack

Editor’s Note: As 2024 comes to an end, we’re highlighting some of our most-read content of the year. We look forward to…

BNPL Firm Klarna Preps for U.S. IPO with SEC Filing

Klarna Group Plc has confidentially submitted an F-1 filing with the U.S. Securities and Exchange Commission (SEC) for a public offering of…

From Omnichannel to Polychannel: How FMCG Shopping is Changing

With COVID-19 cases dropping in 2022, shoppers returned to physical stores, including supermarkets, while maintaining some of their e-shopping habits acquired in…

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