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Facebook Marketplace shoppers terrorized after armed teens lure victims: police

Two teenage suspects from Houston are on the run after allegedly running a Facebook Marketplace scam and robbing victims, police said. Arland Lyles, 17, is wanted on charges of aggravated robbery with a deadly weapon and theft from a person, and Christian Ray Pickett, 18, is wanted on a charge of theft from a person. […]

FBI issues holiday scam warning for online shoppers

The F.B.I. caveat This week is Black Friday, followed by Cyber ​​Monday and the holiday shopping season begins in earnest, reminding consumers about online scams. “Don't let #holiday excitement cloud your judgment! Always check the legitimacy of online retailers and be wary of unsolicited offers,” the FBI said in a filing Friday. Post to X. […]

Target shares tank as inflation-wracked shoppers flee for deals

Target on Wednesday reported much lower-than-expected profits and sales and cut its full-year forecast, sending its stock price down more than 20% as inflation-stricken customers fled to rivals such as Walmart for lower-priced essentials. It plummeted. The Minneapolis-based company reported a 20% loss in earnings, with earnings of $1.85 per share, below expectations of $2.30. […]

Walmart beats earnings expectations as cost-conscious shoppers seek out deals

Walmart reported better-than-expected profits and sales as shoppers suffering from persistent inflation flocked to discount chains to start their holiday shopping. Walmart reported adjusted earnings per share of 58 cents for the three months ended Oct. 31, beating expectations of 53 cents. The company's revenue was $169.6 billion, beating expectations of $167.7 billion and up […]

‘Entitled’ grocery store trend has shoppers raging

Photos of filthy supermarket shelves covered in broken eggs have left shoppers divided over who is to blame. When I run a weekly grocery store in my hometown. woolworth Over the weekend, I witnessed a very disappointing scene. When I approached the egg corner, I expected to be disappointed. Months of egg shortage We've been […]

Target slashes prices on 2K items to win back holiday shoppers

Target said Tuesday it would lower prices on 2,000 items ahead of the holiday season in a bid to attract customers hurt by inflation. The Minneapolis-based retailer plans to lower prices on both national brands and its own private labels. Customers can find daily necessities such as food and medicine, as well as gifts such […]

Ex-Target exec says holidays to disappoint, shoppers ‘running out of money’

Gerald Storch, Target's former vice chairman, said Thursday that holiday spending will be disappointing this year as inflation-hit consumers run out of savings and cut spending due to geopolitical uncertainty. He warned that there was a high possibility. “It's clear that consumers are running out of money,” said Storch, who was also the former CEO […]