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JPMorgan eyeing buyers for FreshDirect: Report
News 3 days ago
JPMorgan eyeing buyers for FreshDirect: Report

JPMorgan is reportedly eyeing buyers for FreshDirect, indicating they want out of their investment into the online food retailer recently besieged...

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Mortgage applications jump as interest rates continue to slip
News 1 week ago
Mortgage applications jump as interest rates continue to slip

Applications for new mortgages continue to rise from week to week. Mortgage applications rose 5.2 percent in the past week, according to the...

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Barneys granted extension on deadline to find buyer
News 1 week ago
Barneys granted extension on deadline to find buyer

Luxury retail store Barneys had its deadline to find a buyer extended on Thursday. The company, currently in the middle of bankruptcy proceedings...

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Death of the American mall: What one mall is doing to get customers in stores
News 2 weeks ago
Death of the American mall: What one mall is doing to get customers in stores

The nation's newest mega-mall wants you to skip the parking lot headaches. American Dream announced Wednesday rideshare platform Lyft joined the...

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Watch out Amazon! Dick's Sporting Goods set to open seven new stores
News 2 weeks ago
Watch out Amazon! Dick's Sporting Goods set to open seven new stores

Dick's Sporting Goods announced they will be opening seven new stores this month, with celebrations planned for each location's grand opening. The...

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Retailers need to adapt to changing markets, former CEO says
News 2 weeks ago
Retailers need to adapt to changing markets, former CEO says

Retail is not dead, it's just transitioning. Despite recent announcements that retailers would be filing for bankruptcy or closing landmark-brick...

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Bankrupt Forever 21's fast fashion not quick enough to satisfy Millennial FOMO
News 2 weeks ago
Bankrupt Forever 21's fast fashion not quick enough to satisfy Millennial FOMO

The moral of Forever 21's bankruptcy may be that fast-fashion shoppers won't wait around. The California-based retailer, known for its $10 T-shirts...

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Macy's is closing a landmark store
News 2 weeks ago
Macy's is closing a landmark store

Retail giant Macy's announced that it will be selling its landmark building in downtown Seattle and closing the store as of February 2020. Its...

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Overstock shares plunge after warning of weak retail earnings
News 3 weeks ago
Overstock shares plunge after warning of weak retail earnings

The online retailer Overstock warned Monday that its earnings from its retail business won't be as strong as previously thought, which sent shares...

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Central Park Tower, NYC's tallest residential building, to enter crowded luxury market when it opens
News 1 month ago
Central Park Tower, NYC's tallest residential building, to enter crowded luxury market when it opens

A supertall residential tower that is expected to open next year in New York City will be entering a crowded market of luxury buildings, the...

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These states have the highest, lowest property tax rates: Report
News 1 month ago
These states have the highest, lowest property tax rates: Report

If you want to avoid paying a high property tax rate, it might be time to head to Hawaii, according to a new report. Hawaii has the lowest property...

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These are the top 5 most affordable college towns: Report
News 1 month ago
These are the top 5 most affordable college towns: Report

When deciding where to go to college, one thing to consider is how expensive it is to live there. According to a report published Tuesday by...

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GNC plans to close up to 900 stores with a focus on mall locations: Report
News 2 months ago
GNC plans to close up to 900 stores with a focus on mall locations: Report

Malls across America will reportedly be losing a major retailer. Health and wellness retailer GNC plans to close up to 900 stores with big cuts to...

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Google partners with Australian developer on massive San Francisco real estate project
News 3 months ago
Google partners with Australian developer on massive San Francisco real estate project

Google is partnering with an Australian real estate developer to complete its plan to build housing and other developments through the San...

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How High Can Starbucks Fly? It All Hinges on One Metric
News 4 months ago
How High Can Starbucks Fly? It All Hinges on One Metric

Who says megarestaurant chains can't be high-octane growth companies? Starbucks (NASDAQ: SBUX) has rocketed 46% higher in the last year as the...

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PGA Tour signs umbrella sponsor deal for developmental tour
News 4 months ago
PGA Tour signs umbrella sponsor deal for developmental tour

The PGA Tour has signed a 10-year umbrella sponsorship deal for its developmental tour that provides the best path to the big leagues. Los Angeles...

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5 Must-See Announcements From Shopify's Unite Conference
News 4 months ago
5 Must-See Announcements From Shopify's Unite Conference

On Wednesday, Shopify (NYSE: SHOP), the leading provider of e-commerce tools for businesses of all sizes, hosted Shopify Unite, the annual...

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1 Hot Marijuana Stock to Buy in June
News 4 months ago
1 Hot Marijuana Stock to Buy in June

No industry is as hot as the marijuana industry right now. Within the U. S. alone, sales of state-regulated cannabis will grow to more than $22...

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Land swap may allow pipeline to cross Appalachian Trail
News 4 months ago
Land swap may allow pipeline to cross Appalachian Trail

A land swap with the federal government could allow a developer to install a natural gas pipeline that crosses the Appalachian Trail. The Roanoke...

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Will it work? Glitzy casino opening on industrial waterfront
News 4 months ago
Will it work? Glitzy casino opening on industrial waterfront

A $28 million statue of Popeye by the artist Jeff Koons. Luxury, "European-style" water shuttles. Five-star hotel rooms starting at about $650 a...

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Merkel to face angry tenants as Germany debates rent caps
News 4 months ago
Merkel to face angry tenants as Germany debates rent caps

German Chancellor Angela Merkel is facing tenants angry over rising rents in a country where home ownership is traditionally low. Merkel is...

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Ivanka Trump took in nearly $4M from DC hotel last year
News 4 months ago
Ivanka Trump took in nearly $4M from DC hotel last year

Ivanka Trump took in nearly $4 million in revenue last year from her stake in President Donald Trump's Washington hotel, up slightly from a year...

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A glance at US mortgage rates: little changed; 30-year 3.82%
News 4 months ago
A glance at US mortgage rates: little changed; 30-year 3.82%

Long-term U. S. mortgage rates were little changed this week, after six straight weeks of declines putting them at historically low levels....

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Venezuela's massive blackout sparks boom in generator sales
News 4 months ago
Venezuela's massive blackout sparks boom in generator sales

Wilfido Briñez considers himself lucky to live with the roar of electric generators outside his front door in Maracaibo, Venezuela's second largest...

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3 Stocks That Could Benefit From a Worsening Trade War
News 4 months ago
3 Stocks That Could Benefit From a Worsening Trade War

The U. S. and Mexico just signed a new trade agreement so that tariff hikes that were expected to be implemented this week won't happen, defusing a...

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This REIT’s Bottom Line Was Horrible, But It's All Part of the Plan
News 4 months ago
This REIT’s Bottom Line Was Horrible, But It's All Part of the Plan

In the first quarter of 2019 diversified net lease real estate investment trust (REIT) W. P. Carey (NYSE: WPC) saw a massive revenue increase --...

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Seniors more likely to work longer in big metropolitan areas
News 4 months ago
Seniors more likely to work longer in big metropolitan areas

Seniors in major metropolitan areas, especially in the Northeast and around Washington, D. C., are more likely to continue working past age 65 than...

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Hudson's Bay executive leads bid to take retailer private
News 4 months ago
Hudson's Bay executive leads bid to take retailer private

A group of shareholders of Saks Fifth Avenue's parent has made a cash offer to take the struggling department store chain private. The offer,...

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Why Gap and Old Navy Breakup Is the Right Move
News 4 months ago
Why Gap and Old Navy Breakup Is the Right Move

Most companies strive to increase their scale and grow larger, but Gap (NYSE: GPS) has decided the best path forward is to go smaller. In February...

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Nordstrom Sets an Opening Date for Its Other New Store
News 4 months ago
Nordstrom Sets an Opening Date for Its Other New Store

While most mall-focused department store chains are retreating in the United States, Nordstrom (NYSE: JWN) isn't quite done building new full-line...

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