Federal prosecutors arrested two individuals, Adama Sow and Abdulaj Jalloh, and seized over 200,000 counterfeit luxury items worth $1.03 billion in what is being described as the largest-ever seizure of counterfeit goods in US history.

Tesla has set a rule in its motor vehicle order agreement for the Cybertruck, stating that buyers must keep the vehicle for at least a year after purchase.

Walmart's stock reached an all-time high, hitting $166.30, as investors anticipate the retail giant to outperform its competitors during the holiday season due to its reputation for offering value.

Holiday shoppers are expected to increase their spending this year, but their focus on value and deals is likely to limit growth to pre-pandemic levels, says the National Retail Federation (NRF).

Shein, the fast-fashion retailer with a reported valuation of $66 billion, is looking to go public but faces several hurdles.

Target is closing nine stores in California, Oregon, New York, and Washington due to increasing thefts and organized retail crime that have put the safety of employees and customers at risk.

Multiple retail stores and businesses across different neighborhoods in Philadelphia were targeted by looters, with the incidents leading to several arrests and the recovery of stolen goods.

Estes has been officially approved as the real estate stalking horse bidder for Yellow's terminals, setting the minimum valuation for these assets in the bankruptcy proceedings.

Rising oil prices are impacting consumers, complicating the global fight against inflation, and contributing to Russia's war chest.

Walmart is planning to increase the involvement of its employees in making last-mile deliveries as it expands its third-party fulfillment capabilities, according to President and CEO Doug McMillon.

As the fall season approaches, retailers are gearing up for the peak season.

Amazon.com Inc. is planning to hire 250,000 logistics workers for the upcoming holiday season.

The U.S. Postal Service has announced that it will not impose peak season surcharges during the upcoming holiday season.

In August, new passenger car registrations in Germany increased by 37% year-over-year to 273,417, with a total of 1,913,564 new cars registered in the first eight months of 2023, up 16.5% year-over-year.

The House of Representatives has passed H.R. 1435, the Preserving Choice in Vehicle Purchases Act, which aims to prevent the EPA from allowing California to limit the sale or use of new internal combustion engine vehicles.

A survey conducted by Gartner, Inc. reveals that only 9% of consumers plan to increase their holiday spending this year, indicating cautious consumer sentiment.

Gas prices in the United States are expected to rise slightly over the next week, with estimates suggesting an increase of three to five cents per gallon due to rising gasoline wholesale prices.

The diesel market is facing a crisis as output curbs from countries like Saudi Arabia and Russia limit the supply of medium and heavy crudes, crucial for diesel production.

It can be a very value-maximizing process," says bankruptcy attorney George Singer about the potential bidding war for Yellow Corp.'s real estate.

Small electric cars, reminiscent of microcars from the past, are gaining attention as the demand for cleaner urban vehicles grows.