Business Events Store Openings

  • Walmart is accused of punishing workers for sick days

    Walmart, the nation's largest private employer, punishes workers for being sick, according to a report.

  • But workers in Idaho will attempt just that starting Friday. A massive sequoia sent to Boise as a small seedling by naturalist John Muir more than a century ago is now in the way of a hospital's expansion and plans are to move it two blocks away to city property. "We've all got our fingers crossed that the tree is going to make it to its new location," said Mary Grandjean,...

  • NEW YORK— Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole Foods, setting the stage for radical retail experiments that could revolutionize how people buy groceries and everything else. Amazon will be able to use automation and data analysis to draw more customers to stores while helping Whole...

  • NEW YORK— Intense competition among grocers is forcing Kroger to slash prices on popular items like milk and eggs— staples that help sway where shoppers go. German discounter Aldi has been aggressively expanding, while its European rival Lidl opened its first 10 stores in the U.S. this week with specials for 39- cent croissants and 79- cent chocolate bars.

  • A sneak peak inside New York City's first Amazon bookstore

    Amazon's first New York City bookstore, Amazon Books, will open on Thursday morning, marking Amazon's highest-profile move into bricks-and-mortar retail to date. CNBC visits the store to see what it's like.

  • DUBLIN, May 15- JPMorgan Chase has agreed to buy a Dublin building with room for 1,000 staff in the first sign of a financial services firm expanding significantly in Ireland since the government began a major campaign to attract firms in the wake of Brexit. Dublin, Frankfurt, Paris and Luxembourg are widely seen as the locations most likely to benefit as firms...

  • Malls haven't hit doomsday just yet

    Not all of America's malls are doomed.

  • Bennett said it plans to open five stores in Russia, shrugging off the political and economic challenges of working in a country that's been under Western sanctions for almost three years. It opened its first shop in a Moscow mall in August, teaming up with Russian fashion firm Easy Fashion Group. L.K. Bennett, a high street brand favoured by Britain's Duchess of...

  • *Operating margin in France down 40 bp to 2.9 pct of sales. Since taking over as CEO in 2012, Plassat has presided over signs of a recovery at Carrefour, which makes 73 percent of its sales in Europe and around a quarter of sales in France. He has focused on price cuts along with an expansion into smaller convenience stores, while also renovating its chain of...

  • One British book chain store has come under fire for setting up shops in small towns without its signature branding.

  • NEW YORK, Feb 13- Mick McGuire, founder of activist hedge fund Marcato Capital Management, told CNBC on Monday that Deckers Outdoor Corp had erred by investing significantly in physical retail stores. McGuire, whose fund reported a 6 percent stake in Deckers on Feb. 8, told the cable television network that the maker of UGG boots and apparel and Teva sandals had...

  • FRANKFURT, Feb 8- Adyen, one of Europe's biggest fintech companies, reported an 80 percent jump in 2016 payment transaction volumes to $90 billion powered by some of the world's biggest online players and expansion in Asia and the Americas. More than 1,400 stores in Europe and the United States now use its point-of-sale systems, with clients including fashion...

  • A deal would add another retailer to Hudson Bay's expanding portfolio, which includes Saks Fifth Avenue and Lord& Taylor in the United States, as well as Galeria Kaufhof in Europe. Cincinnati, Ohio- based Macy's has around 900 stores in the U.S., which includes its Bloomingdale's outlets and its flagship store in New York City's Herald Square.

  • NEW YORK, Jan 30- Commodities brokerage OTC Global Holdings said on Monday it had opened a new office in Singapore as it seeks to expand its market share in the Asian market, a growing part of the global commodity trade. OTCGH, the world's largest independent institutional broker of commodities, covers financial and physical instruments from its offices in...

  • Kanye West performs during Kanye West Yeezy Season 3 on February 11, 2016 in New York City.

    Kanye West fans can buy a taste of "The Life of Pablo" this weekend following the rapper-turned-fashion mogul's announcement of 21 pop-up stores.

  • World Trade Center site in the Manhattan borough of New York

    Fifteen years after 9/11 the downtown has completely transformed, but is there enough demand for a huge retail complex?

  • Amazon bookstore may open in New York City

    The online retailer plans to open a physical bookstore at New York City's Hudson Yards, according to a report.

  • Whole Foods stock gaining on bullish Barron's article

    The published report says shares of the grocery chain could return 20-percent over the next year.

  • Swisher: Zuckerberg's a learning organisim

    Kara Swisher, Recode Executive Editor, discusses Facebook as a top hedge fund pick, Mark Zuckerberg's meeting with conservatives, the bidding for Yahoo, Apple's new retail store design and Swisher's selfie with Kim Kardashian.

  • Apple unveiling new store design in San Francisco

    The revamped store features trees, an area for live music and a giant 6K screen, powered by 100-percent renewable energy.