In his latest broadside against big business, Sen. Bernie Sanders, I-Vt., is introducing a bill Thursday that would prevent large companies like Walmart from buying back stock unless their employees are paid at least $15 an hour. » Read More
By: Angelica LaVito
Food and Drug Administration Commissioner Scott Gottlieb outlined a slew of policies, including restrictions on sales of flavored e-cigarettes, and essentially threatened to pull products from the market if manufacturers do not follow them. » Read More |
By: Lauren Hirsch
J.C. Penney in October filled its vacant CEO role with Jill Soltau, former CEO of Joann Stores. Soltau came after a string of executive departures, including former J.C. Penney CEO Marvin Ellison and CFO Jeffrey Davis. » Read More |
Futures were pointing to a modestly higher open on Wall Street amid new developments in the U.S.-China trade dispute and a sharp fall in sterling. » Read More |
Walmart has been making investments in its stores, online and internationally to keep pace with arguably its biggest rival of all, Amazon.
Macy's is testing smaller stores to save money, leaving it with room to bring in other retailers or mini-fulfillment centers, according to CEO Jeff Gennette.
The Massachusetts-based World Against Toys Causing Harm released this week its annual list of toys it says could present choking, strangulation, eye and other hazards.
The 145-year-old American icon is looking to raise between $600 million and $800 million and targeting the first quarter of 2019 to go public, said people familiar with the matter.
Victoria's Secret, owned by L Brands, has struggled to grow sales as younger shoppers turn to more inclusive bra and underwear retailers.
Sears is finalizing a deal with financial firm Great American Capital Partners and other lenders for $350 million in bankruptcy financing that would keep the retailer open through the holiday season while it attempts to reorganize.
Macy's has been testing new technology and other concepts like mini marketplaces in stores to lure shoppers and grow sales.
Later this month, Bloomingdale's will open a store within its flagship department store in New York on 59th Street for high-end LG Electronics appliances. It will also sell those items on its website.
Ford Motor, Walmart, and delivery service Postmates will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said.
Blue Apron will reduce its workforce by 4 percent as the company aims to become profitable in 2019, the meal kit company announced Tuesday.
U.S. stock futures are indicating a slightly higher open for Wall Street amid volatility in the oil market and as investors looked ahead to inflation data.
Jim Cramer and technician Larry Williams outline some potentially lucrative trades in the retail sector.
Amazon chose locations in New York City and Arlington Virginia for its new headquarters. Dallas Mayor Michael Rawlings told CNBC he felt his city was fairly considered, but that officials ultimately wanted to be in an East Coast city.
Dunkin' executives are hoping the combination of good flavor, cheap prices and fast service will be enough to lure — not only existing customers to try its espresso — but customers at other cafes.
Learn to navigate holiday spending without taking on credit card debt.
"Of course, it's FAO Schwarz, so we have the big dance-on piano. But this time, not just on the floor," says an executive with the new owners.
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