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Dick's Sporting Goods loses $143M as coronavirus shutters stores
News 1 day ago
Dick's Sporting Goods loses $143M as coronavirus shutters stores

Dick's Sporting Goods swung to a loss as stay-at-home orders to slow the spread of COVID-19 shuttered stores for the final weeks of March. The...

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Trump administration tables more oil and gas lease sales
News 2 days ago
Trump administration tables more oil and gas lease sales

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. The Trump administration has backed off its regular...

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Target closes 175 stores nationwide after Minneapolis protests
News 3 days ago
Target closes 175 stores nationwide after Minneapolis protests

Target is temporarily closing 175 stores in 13 states, the company announced Saturday evening. This news comes after videos circulated on social...

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Bath & Body Works closing 50 US stores after coronavirus shutdown
News 6 days ago
Bath & Body Works closing 50 US stores after coronavirus shutdown

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Malls across the nation are beginning to reopen during...

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Martha Stewart's retail advice for coronavirus comeback: 'Online is the future'
News 1 week ago
Martha Stewart's retail advice for coronavirus comeback: 'Online is the future'

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Martha Stewart has a recipe for retailers: embrace e...

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Amazon, Costco, Walmart land top favorability ratings for food retailers during coronavirus
News 1 week ago
Amazon, Costco, Walmart land top favorability ratings for food retailers during coronavirus

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Consumers amid the coronavirus crisis named retailers...

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Trump administration cuts royalty rates for oil and gas
News 1 week ago
Trump administration cuts royalty rates for oil and gas

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Energy companies are getting temporary breaks on...

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Calvin Klein, Tommy Hilfiger reopen 180 stores in North America, keep fitting rooms closed
News 2 weeks ago
Calvin Klein, Tommy Hilfiger reopen 180 stores in North America, keep fitting rooms closed

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. PVH Corporation, which owns brands Calvin Klein and...

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Apple reopening 25 more stores in 7 states
News 2 weeks ago
Apple reopening 25 more stores in 7 states

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Apple will be reopening 25 stores this week in seven...

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US bankruptcy court allows J.C. Penney to keep paying staff and vendors
News 2 weeks ago
US bankruptcy court allows J.C. Penney to keep paying staff and vendors

"This company needs to move incredibly quickly through this restructuring. If we don't, the results could be disastrous," said Joshua Sussberg, a...

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Stores stress over how to handle a customer who won’t wear a mask
News 2 weeks ago
Stores stress over how to handle a customer who won’t wear a mask

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Retail chains from CVS to 7-Eleven are being forced to...

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Office Depot closing stores, laying off 13,000 workers
News 2 weeks ago
Office Depot closing stores, laying off 13,000 workers

Office Depot announced a restructuring plan Friday that includes closing stores and laying off about 13,100 employees by 2023, according to the...

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J.C. Penney files for bankruptcy
News 2 weeks ago
J.C. Penney files for bankruptcy

Retailer J. C. Penney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday...

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Coronavirus fallout claims Neiman Marcus as retailer files for bankruptcy protection
News 3 weeks ago
Coronavirus fallout claims Neiman Marcus as retailer files for bankruptcy protection

A Texas oil boom turned a single Neiman Marcus department store in downtown Dallas into one of America's biggest luxury retailers. A century later,...

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Here's how Warren Buffett is tackling the retail industry in 2020
News 4 weeks ago
Here's how Warren Buffett is tackling the retail industry in 2020

Investing genius Warren Buffett took the podium for this weekend's Berkshire Hathaway (NYSE:BRK. A) (NYSE:BRK.B) shareholder meeting to share his...

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Lord & Taylor to liquidate its stores as soon as they reopen
News 4 weeks ago
Lord & Taylor to liquidate its stores as soon as they reopen

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Venerable U. S. retailer Lord & Taylor plans to...

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Pandemic brings Amazon fortunes, headaches too
News 1 month ago
Pandemic brings Amazon fortunes, headaches too

Amazon has spent years honing the business of packing, shipping and delivering millions of products to doorsteps around the world. Now it has a...

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Coronavirus hurts Starbucks sales as coffee giant eyes reopening
News 1 month ago
Coronavirus hurts Starbucks sales as coffee giant eyes reopening

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Starbucks sales plunged during the second quarter...

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Flood of coronavirus business bankruptcies likely in coming months
News 1 month ago
Flood of coronavirus business bankruptcies likely in coming months

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. NEW YORK (AP) - The billions of dollars in coronavirus...

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Weekly mortgage applications increase, as record-low interest rates spur refinance rush
News 1 month ago
Weekly mortgage applications increase, as record-low interest rates spur refinance rush

Mortgage rates last week dropped to the lowest level ever in the Mortgage Bankers Association's weekly survey, causing a surge in applications to...

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Starbucks eyes store reopenings as coronavirus fight shows progress
News 1 month ago
Starbucks eyes store reopenings as coronavirus fight shows progress

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Starbucks is exploring plans to reopen its U. S....

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Coronavirus seen knocking US retail sales in March
News 1 month ago
Coronavirus seen knocking US retail sales in March

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. U. S. retail sales likely suffered a record drop in...

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US negotiating oil contracts to store 23M barrels in Strategic Petroleum Reserve
News 1 month ago
US negotiating oil contracts to store 23M barrels in Strategic Petroleum Reserve

WASHINGTON (Reuters) - The U. S. Energy Department said on Tuesday it is negotiating contracts with nine energy companies to store about 23 million...

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J.C. Penney explores bankruptcy as hopes for recovery fade: Sources
News 1 month ago
J.C. Penney explores bankruptcy as hopes for recovery fade: Sources

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. NEW YORK (Reuters) - J. C. Penney Co Inc is exploring...

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Amazon fires two employees critical of warehouse working conditions
News 1 month ago
Amazon fires two employees critical of warehouse working conditions

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Amazon.com Inc said on Tuesday it terminated two...

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Coronavirus spotlights risk at JPMorgan, Wells Fargo
News 1 month ago
Coronavirus spotlights risk at JPMorgan, Wells Fargo

JPMorgan Chase & Co. and Wells Fargo are set to kick off first-quarter earnings season on Tuesday, but instead of focusing on the top and bottom...

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Tesla asking landlords for rent reduction as coronavirus hammers business
News 1 month ago
Tesla asking landlords for rent reduction as coronavirus hammers business

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Tesla Inc. has reached out to at least some of its...

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Coronavirus drives Under Armour to furlough 6,600 US workers
News 2 months ago
Coronavirus drives Under Armour to furlough 6,600 US workers

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Under Armour will furlough 6,600 employees at its U. S...

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Apple to keep US stores closed until early May: Report
News 2 months ago
Apple to keep US stores closed until early May: Report

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Customers wanting to visit the Genius Bar at Apple in...

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Coronavirus pushes Express to furlough most store workers, pause pay
News 2 months ago
Coronavirus pushes Express to furlough most store workers, pause pay

Express Inc. said Wednesday it is furloughing most store associates and a number of corporate associates, and pausing pay while continuing to...

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