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74% of consumers go to Amazon when they're ready to buy something. That should be keeping retailers up at night
News 1 day ago
74% of consumers go to Amazon when they're ready to buy something. That should be keeping retailers up at night

There's new and staggering data that support the fact that retailers should increasingly be scared of Amazon dominating e-commerce. When consumers...

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Times Square is about to get a new 46-story tower that is basically a giant LED billboard
News 3 days ago
Times Square is about to get a new 46-story tower that is basically a giant LED billboard

Contractors have started work on a project that will light up Times Square in New York, one of the most-visited places in the world with around 380...

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Hudson Yards has been hailed as retail's future, drawing its share of skeptics. Proving them wrong could take a while
News 5 days ago
Hudson Yards has been hailed as retail's future, drawing its share of skeptics. Proving them wrong could take a while

Will it really work?That's the question some people are asking as the Hudson Yards development comes to life in New York this week. The retail and...

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Retailer Casino pushes for more profit growth, asset disposals
News 1 week ago
Retailer Casino pushes for more profit growth, asset disposals

These are the stocks posting the largest moves before the bell. GE 2019 guidance disappoints, CEO says 'We have work to do'GE expects 2019 adjusted...

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Rent the Runway and West Elm are betting your next comforter will be a rental
News 1 week ago
Rent the Runway and West Elm are betting your next comforter will be a rental

In 2018 Rent the Runway - the company that transformed the way people think about buying, and owning, designer apparel and accessories - was named...

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Here are the retailers that have announced store closures so far in 2019
News 1 week ago
Here are the retailers that have announced store closures so far in 2019

Gap Inc. is planning to shut 230 of its namesake brand's stores over the next two years. This fiscal year, Gap said it expects to close about 50...

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Retailers can track your movements inside their stores. Here's how
News 1 week ago
Retailers can track your movements inside their stores. Here's how

Location-tracking technology can now monitor people so precisely that retailers know, for instance, which customers visited a fitting room but...

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Dollar Tree CEO: We're giving Family Dollar a 'wow' factor to draw customers
News 2 weeks ago
Dollar Tree CEO: We're giving Family Dollar a 'wow' factor to draw customers

Dollar Tree's turnaround plan is producing results as more customers are choosing to shop in its stores, CEO Gary Philbin told CNBC Wednesday. The...

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Dollar Tree to close up to 390 Family Dollar stores, reports $2.3 billion loss
News 2 weeks ago
Dollar Tree to close up to 390 Family Dollar stores, reports $2.3 billion loss

Discount retailer Dollar Tree plans to close 390 Family Dollar stores this year while renovating 1,000 other locations, the company said in...

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Abercrombie is planning to close up to 40 stores in 2019
News 2 weeks ago
Abercrombie is planning to close up to 40 stores in 2019

Abercrombie & Fitch said Wednesday it plans to close up to 40 stores by next February, with the majority of closures slated in the U. S....

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Kohl's shares jump on better-than-expected profit and sales during crucial holiday shopping season
News 2 weeks ago
Kohl's shares jump on better-than-expected profit and sales during crucial holiday shopping season

Kohl's shares jumped more than 7 percent Tuesday after the company reported better-than-expected earnings and sales during the crucial holiday...

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Target shares surge as company beats Wall Street estimates
News 2 weeks ago
Target shares surge as company beats Wall Street estimates

Target delivered better-than-expected earnings during the critical holiday sales period as the retailer's in-house brands and easy delivery options...

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Warren Buffett's model for aspiring business managers — a retail legend known as 'Mrs. B'
News 2 weeks ago
Warren Buffett's model for aspiring business managers — a retail legend known as 'Mrs. B'

Rose Blumkin was a retail legend - but she was probably more famous as the entrepreneur who billionaire investor Warren Buffett still likes to...

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Gap says it will shut 230 stores over the next two years, posts mixed holiday results
News 2 weeks ago
Gap says it will shut 230 stores over the next two years, posts mixed holiday results

Gap Inc. plans to close about 230 of its namesake brand's stores over the next two years, as it works to restructure the struggling apparel...

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You can expect more JC Penney store closures in 2020 and beyond
News 2 weeks ago
You can expect more JC Penney store closures in 2020 and beyond

J. C. Penney says it will close just 18 department stores, in addition to nine home and furniture shops, in 2019. That's a far cry from the...

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Amazon didn't kill the retail trade. Here's the proof, says expert
News 2 weeks ago
Amazon didn't kill the retail trade. Here's the proof, says expert

Recent moves by retail stocks prove that Amazon hasn't been able to squash all of its competitors, according to Susquehanna's Stacey Gilbert. The...

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Macy's said these are the five areas where it plans to invest in 2019
News 3 weeks ago
Macy's said these are the five areas where it plans to invest in 2019

Macy's says it will act with speed in 2019. But it could be too late. The department store chain on Tuesday announced a restructuring plan, where...

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Neighborhood Goods raises $14.5 million and is opening a store in New York
News 3 weeks ago
Neighborhood Goods raises $14.5 million and is opening a store in New York

Neighborhood Goods, a company that's often referred to as the "department store of the future," is getting ready to grow. The company announced on...

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Here's a map of where Payless ShoeSource is closing 2,500 stores
News 4 weeks ago
Here's a map of where Payless ShoeSource is closing 2,500 stores

Payless ShoeSource filed for bankruptcy protection on Monday, a day after it began winding down its 2,500 U. S. stores. The retailer, founded in...

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Walmart shares surge as holiday sales crush estimates, boosted by e-commerce growth
News 4 weeks ago
Walmart shares surge as holiday sales crush estimates, boosted by e-commerce growth

Walmart reported on Tuesday earnings and revenue for the holiday quarter that topped analysts' expectations, as its e-commerce sales surged 43...

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Another wave of retail store closures coming. 'No light at the end of the tunnel'
News 1 month ago
Another wave of retail store closures coming. 'No light at the end of the tunnel'

Another wave of store closures is expected to hit shopping centers and malls this year with "no light at the end of the tunnel," according to a new...

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CVS Health shows off new HealthHUB store design. Makeover includes wellness rooms for yoga
News 1 month ago
CVS Health shows off new HealthHUB store design. Makeover includes wellness rooms for yoga

CVS Health unveiled its new health-focused concept store that's designed to help the pharmacy chain become more of a health-care provider than a...

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Payless ShoeSource prepares for bankruptcy that could come within weeks, plans store closures
News 1 month ago
Payless ShoeSource prepares for bankruptcy that could come within weeks, plans store closures

Payless ShoeSource is preparing for its second bankruptcy, which could come as soon as within two weeks, a person familiar with the situation tells...

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This map shows where apparel retailer Charlotte Russe is closing 94 stores
News 1 month ago
This map shows where apparel retailer Charlotte Russe is closing 94 stores

Apparel retailer Charlotte Russe filed for Chapter 11 bankruptcy protection on Sunday, saying it plans to close nearly 100 stores. The company has...

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Ikea will try renting furniture to prolong product lifespan
News 1 month ago
Ikea will try renting furniture to prolong product lifespan

Ikea will start leasing furniture as it moves to develop "scalable subscription services" to prolong the life of its products, the Financial Times...

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Worries about Chinese consumers spending less are 'overblown,' analysts say
News 1 month ago
Worries about Chinese consumers spending less are 'overblown,' analysts say

Worries about Chinese consumers spending less are 'overblown,' analysts say Chinese consumer spending is healthier than it appears in retail sales...

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Skip the dentist's office: Walgreens and CVS are offering ways to fix your teeth in their stores
News 1 month ago
Skip the dentist's office: Walgreens and CVS are offering ways to fix your teeth in their stores

You can already get checked and treated for strep throat at many drugstores. You can now get your teeth cleaned and straightened at some. CVS...

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Toy industry sales broke 4-year sales growth streak, fell 2% in 2018 thanks to Toys R Us closure
News 1 month ago
Toy industry sales broke 4-year sales growth streak, fell 2% in 2018 thanks to Toys R Us closure

Consumer confidence hits 120.2 in January, vs estimate of 124.9 The billionaire former Starbucks CEO says he could never run for president as a...

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Ex-Sears CEO: Embattled chain probably won't survive if retail bankruptcy history is any guide
News 1 month ago
Ex-Sears CEO: Embattled chain probably won't survive if retail bankruptcy history is any guide

The odds are stacked against billionaire investor Eddie Lampert and his $5 billion-plus effort to resurrect Sears from bankruptcy, former Sears...

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Deal or no deal, Sears' challenges will boost Macy's, J.C. Penney and Dillard's business
News 1 month ago
Deal or no deal, Sears' challenges will boost Macy's, J.C. Penney and Dillard's business

Even if Sears’ contested deal to save roughly 400 stores with ESL Investments secures approval from the bankruptcy judge, the owner of Kmart and...

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