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Beyond Meat burgers to be sold at some Costco stores
News 2 days ago
Beyond Meat burgers to be sold at some Costco stores

Beyond Meat Inc said on Thursday that its burgers will be sold at some Costco Wholesale Corp stores, in the plant-based meat maker's latest move in...

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Target plans to open a store in New York's Times Square in 2022
News 2 days ago
Target plans to open a store in New York's Times Square in 2022

Target is bolstering its presence in the Big Apple with a store in the heart of Times Square, CNBC has learned. The discount retailer has signed a...

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Rent the Runway partners with W Hotels so you can pack lighter
News 2 days ago
Rent the Runway partners with W Hotels so you can pack lighter

Rent the Runway is hoping to make packing for your vacation a little less painless. The clothing and accessories rental service has teamed up with...

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Cowen names Target a 'best idea' for 2020, says digital business overcoming Amazon threat
News 3 days ago
Cowen names Target a 'best idea' for 2020, says digital business overcoming Amazon threat

As retail continues to evolve thanks to e-commerce, big box retailer Target is finally keeping up, according to Cowen. The firm named the retailer...

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Airbnb has removed thousands of listings in Boston as new rule takes effect
News 4 days ago
Airbnb has removed thousands of listings in Boston as new rule takes effect

Airbnb is eyeing a major IPO next year, but this year it faces escalating regulation in cities across the country. The home-sharing company had to...

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Blue states file appeal in legal battle over SALT tax deductions
News 1 week ago
Blue states file appeal in legal battle over SALT tax deductions

Four blue states that had unsuccessfully sued the IRS over a new $10,000 cap on the federal deduction for state and local taxes filed an appeal on...

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Best Buy shares surge after beating expectations and raising forecast
News 1 week ago
Best Buy shares surge after beating expectations and raising forecast

Best Buy shares surged more than 4% in premarket trading after reporting earnings and revenue that beat analysts' expectations while also raising...

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Pest control firm Rentokil knocks Apple off top spot in survey of best British employers
News 1 week ago
Pest control firm Rentokil knocks Apple off top spot in survey of best British employers

Rentokil Initial, a U. K.-headquartered global pest control business, has been crowned the best company to work for in Britain, according to...

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China plans stronger protections for intellectual property rights
News 1 week ago
China plans stronger protections for intellectual property rights

China said on Sunday it would seek to improve protections for intellectual property rights, including raising the upper limits for compensation for...

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The WeWork problem people aren't talking about that is spreading across the co-working world
News 2 weeks ago
The WeWork problem people aren't talking about that is spreading across the co-working world

The number of co-working spaces worldwide is projected to soon cross 20,000 and reach 25,968 by 2022, an increase of 42% from 2019, according to...

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Stocks making the biggest moves midday: Nordstrom, Intuit, Gap & more
News 2 weeks ago
Stocks making the biggest moves midday: Nordstrom, Intuit, Gap & more

CHICAGO - NOVEMBER 21: Nordstrom signage is visible at its store November 21, 2003 in Chicago. Nordstrom, Inc. reported net earnings of $45.5...

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Macy's blames sluggish sales on weak shopping malls
News 2 weeks ago
Macy's blames sluggish sales on weak shopping malls

Macy's said its stores at weaker U. S. shopping malls were hurt by slower foot traffic during the latest quarter, leading to a steeper-than...

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Macy's shares fall on sales miss, retailer slashes outlook
News 2 weeks ago
Macy's shares fall on sales miss, retailer slashes outlook

Macy's on Thursday reported its first same-store sales decline in two years, casting blame on warmer weather and weak traffic at some shopping...

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Retail earnings, manufacturing gauge, home sales: 3 things to watch for in the markets on Thursday
News 2 weeks ago
Retail earnings, manufacturing gauge, home sales: 3 things to watch for in the markets on Thursday

Retailers Macy's, Nordstrom and Gap report third quarter earnings on Thursday, continuing a volatile week for retail earnings. With Target soaring...

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Target's apparel sales are on fire. And that's bad news for everyone else
News 2 weeks ago
Target's apparel sales are on fire. And that's bad news for everyone else

While Walmart is finding strength in grocery, Target is finding it in apparel. The retailer said the apparel category reaped the most "dramatic"...

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Why Icahn is making a $400 million bet against malls: Record store closures this year
News 2 weeks ago
Why Icahn is making a $400 million bet against malls: Record store closures this year

Activist investor Carl Icahn is poised to win big if the American mall loses. Icahn, likely the largest short seller of mall debt, stands to gain ...

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Target CEO says the cost of handling online orders drops 90% when shoppers use its same-day options
News 2 weeks ago
Target CEO says the cost of handling online orders drops 90% when shoppers use its same-day options

Target's business is booming thanks to the investments the retailer has been making to make it as easy as possible for shoppers to buy things...

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Weekly mortgage applications fall despite rates crossing back below 4%
News 2 weeks ago
Weekly mortgage applications fall despite rates crossing back below 4%

After a huge jump the week before, mortgage refinance demand pulled back sharply last week, likely because borrowers were less worried about rising...

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Target shares surge after company crushes earnings and raises forecast
News 2 weeks ago
Target shares surge after company crushes earnings and raises forecast

Target earnings and sales trounced analysts' estimates, marking a bright spot in retail after weak reports from department store chains J. C....

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Lowe's shares jump after earnings top estimates despite revenue shortfall and 2019 forecast is boosted
News 2 weeks ago
Lowe's shares jump after earnings top estimates despite revenue shortfall and 2019 forecast is boosted

Lowe's quarterly earnings beat expectations, but revenue falls short and the retailer announces plans to close 34 Canadian stores. Lowe's on...

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Kohl's shares tank on earnings miss, retailer cuts fiscal 2019 earnings outlook
News 2 weeks ago
Kohl's shares tank on earnings miss, retailer cuts fiscal 2019 earnings outlook

Kohl's earnings and sales for the latest quarter fell short of analysts' estimates, the company reported on Tuesday. It also cut its profit outlook...

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Teens want AirPods, Nike and Louis Vuitton for Christmas, survey shows
News 2 weeks ago
Teens want AirPods, Nike and Louis Vuitton for Christmas, survey shows

Consumers are gearing up for the holiday shopping season, and Apple, Nike and Louis Vuitton could be the big winners in the key teenager...

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The luxury rental market is booming. Here's what a $100,000-a-month penthouse looks like
News 2 weeks ago
The luxury rental market is booming. Here's what a $100,000-a-month penthouse looks like

The booming market for luxury rentals in Manhattan has led to a new market segment: the $100,000-a-month rental. Demand for ultra-luxury rentals is...

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New Orleans beckons business travelers too. What to do beyond Bourbon Street
News 2 weeks ago
New Orleans beckons business travelers too. What to do beyond Bourbon Street

Yes, New Orleans is a party town with bars and music on every corner and a festival - or three - in the streets just about every weekend. But "The...

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JC Penney CEO rolls out 'sound' strategies but there's only so much time to turn around sales
News 3 weeks ago
JC Penney CEO rolls out 'sound' strategies but there's only so much time to turn around sales

J. C. Penney doled out more detail about its plans to try to turn things around at the struggling department store chain. But the reality is in the...

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US retail sales rebound, but big-ticket purchases drop
News 3 weeks ago
US retail sales rebound, but big-ticket purchases drop

U. S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper...

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Retail sales data should show a spending rebound, with a little help from Amazon's Prime Day
News 3 weeks ago
Retail sales data should show a spending rebound, with a little help from Amazon's Prime Day

Consumers are likely to have increased their spending in October, after a surprising pullback in September. The government's October retail sales...

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Retail sales, industrial numbers, largest Starbucks: 3 things to watch for in the markets on Friday
News 3 weeks ago
Retail sales, industrial numbers, largest Starbucks: 3 things to watch for in the markets on Friday

As retailers gear up for the all-important holiday shopping season, we'll get a read on the state of the American consumer when the retail sales...

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Walmart is a grocery powerhouse ... and it still has room to run
News 3 weeks ago
Walmart is a grocery powerhouse ... and it still has room to run

Walmart just proved it's a grocery powerhouse. And it still has plenty of room to run. The big-box retailer's strong food business has been a key...

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Facebook is moving into more than 1.5 million square feet of office space in New York's Hudson Yards
News 3 weeks ago
Facebook is moving into more than 1.5 million square feet of office space in New York's Hudson Yards

Facebook has signed a lease at Hudson Yards for more than 1.5 million square feet of office space and plans to move into the new offices next year....

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