As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.

Target chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.

Hollister’s partnership with Target comes as both companies look to capitalize on the lucrative back-to-college shopping market.

Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.

Macy’s has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.

Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company’s strategy.

Victoria’s Secret has been in the midst of a turnaround under CEO Hillary Super, who said the company is winning over young shoppers across all incomes.

The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.

Gap issued mixed results as sales at its largest brand, Old Navy, fell short of estimates.

Costco saw “recording-breaking volumes” of gas sales and said rising fuel prices drove first-time members to its stations.