David's Bridal said it plans to for bankruptcy in the "near future" as it grapples with a heavy debt load amid shifting consumer tastes in the wedding industry. » Read More
By: Christine Wang
Nordstrom said it took a one-time charge of $72 million to refund customers who were incorrectly charged higher interest rates on its in-house credit card. » Read More |
By: Jessica Golden
Nike's "House of Innovation 000" flagship store is an immersive shopping experience that combines traditional shopping with the company's digital app to create a futuristic shopping experience. » Read More |
By: Tyler Clifford
Amazon "wouldn't have grown to the scale it is" had Walmart invested in online shopping earlier, Gerald Storch says. » Read More |
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.
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.
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.
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.
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.
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