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. » Read More
By: Laura Galligan
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. » Read More |
By: Leslie Picker
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. » Read More |
By: Lauren Thomas
Victoria's Secret, owned by L Brands, has struggled to grow sales as younger shoppers turn to more inclusive bra and underwear retailers. » Read More |
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.
Jim Cramer reveals how Bausch Health has put together an amazing comeback.
Juul's new e-cigarette policy doesn't go as far as expected. A person briefed on the company's plan told CNBC last week that Juul would stop all retail sales of flavored nicotine pods. There was no mention of resuming sales at any point.
In the memo obtained by CNBC, Johnson said the lay offs would impact 350 employees in marketing, creative, product, technology and store development.
Jim Cramer has said he prefers Home Depot over Lowe's because of what he called generally better earnings results, same-store sales and growth.
Bank of America Merrill Lynch lowered the firm's rating of Best Buy to neutral from buy on slowing growth and risk to key products.
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