U.S. stocks closed narrowly mixed, with stocks near recent highs, as lackluster economic data and oil concerns weighed on investor sentiment.» Read More
Retail development is underway in Puerto Rico, despite the U.S. territory's challenged economy.
One portfolio manager is making the case that Sears will not follow in RadioShack's footsteps.
Who could be the next retailer to close up shop after RadioShack? Brian Sozzi names his targets.
The demise of retailer RadioShack and other "dead companies walking" is actually a good thing for the economy, says Scott Fearon. Here's why.
Feb 2- Casual clothing retailer Lands' End Inc said Chief Executive Edgar Huber would step down in two weeks and be succeeded by Federica Marchionni, the U.S. head of luxury goods retailer Dolce& Gabbana. Huber, who will leave on Feb. 17, has held the top job since August 2011 and led Lands' End spin off from struggling retailer Sears Holdings Corp last year.
Some of Wednesday's midday movers:
The move comes as Sears, which has lost more than $6 billion over the past four years, prepares to announce results for the key holiday quarter late next month. Shares of Sears were down 4.1 percent at $32.80 in morning trade. Sears spokesman Howard Riefs said the company has eliminated 100 positions at its headquarters in Hoffman Estates, Illinois where it...
Jan 28- Sears Holdings has cut 115 jobs, including 100 at its headquarters near Chicago, as the struggling retailer looks to rein in costs, the Chicago Tribune reported on Wednesday.
Sears Holdings has laid off 115 of its corporate workers, including 100 employees at its headquarters in Hoffman Estates, Illinois.
Retailers are still relying on direct mail even as they spend considerable resources on improving their websites.
Some of Thursday's midday movers:
TORONTO/ MONTREAL, Jan 15- Target Corp's abrupt decision to withdraw from Canada is troubling news for many mall owners, as the most obvious potential buyer of property assets- Wal-Mart- is expected to cherry-pick from Target's 133 locations. Wal-Mart Stores Inc, the world's biggest retailer, already has stores near most Target locations, said Jim Danahy, chief...
Macy's and J.C. Penney are only the latest retailers whittling down their square footage. It happens every January. Here's why.
The closures represent nearly 4 percent of Penney's U.S. stores and will affect about 2,250 employees.
Demolition crews began work earlier this week on Cleveland's Randall Park Mall, once the world's largest shopping center.
Click through to see some of retail's biggest gaffes over the years.
A look at five trends that experts predict will shape the retail world in the coming year.
Some stores are making it easier to return or exchange gifts by offering longer return periods, and there are even apps to do it.
If a dud gift isn't bad enough, some stores make it difficult to return an unwanted present—especially if you don't have a gift receipt.
Sears has not named his replacement. Jooma joined Sears in 2007 after senior e-commerce positions at electronics retailer Circuit City and OfficeMax, according to his LinkedIn profile. The move comes as Sears is attempting to restore profitability by shrinking its network of stores and promoting the integration of its bricks-and-mortar and online...