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Walmart, Target winning as Kohl's, Macy's stumble
News 2 days ago
Walmart, Target winning as Kohl's, Macy's stumble

The U. S. retail divide is getting even wider as consumer's shift in tastes. The result is creating winners and losers across the retail landscape....

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JC Penney shrinks loss, shares spike
News 6 days ago
JC Penney shrinks loss, shares spike

J. C. Penney Co. lost less money in its third quarter than Wall Street feared, sending shares surging. The embattled retailer's net loss of $93...

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Nordstrom and Rent the Runway drive future of retail
News 6 days ago
Nordstrom and Rent the Runway drive future of retail

Clothing rental companies are shaping the future of retail at department stores. Nordstrom is expanding its partnership with Rent the Runway, the...

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Consumers are shopping for homes and buying them too
News 1 week ago
Consumers are shopping for homes and buying them too

Applications for mortgages and purchases were on the rise last week. Mortgage applications jumped by 9.6 percent from a week earlier, even as...

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Mall of America wants control of empty Sears store
News 1 week ago
Mall of America wants control of empty Sears store

The Mall of America has an empty three story space that it wants to use to generate more traffic. Financier Eddie Lampert is standing in the way....

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The top 25 retailers to work for in 2019
News 2 weeks ago
The top 25 retailers to work for in 2019

U. S. retail may be experiencing a surge in sales for the upcoming holiday season, but overall it appears that business is slowing down. Just last...

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High-end homebuyer activity is on the rise
News 2 weeks ago
High-end homebuyer activity is on the rise

Mortgage applications slipped slightly despite sliding mortgage rates. Demand for applications were down 0.1 percent, according to the Mortgage...

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J.C. Penney: The new place to play games, workout & hangout?
News 3 weeks ago
J.C. Penney: The new place to play games, workout & hangout?

Retailer J. C. Penney is testing out new concepts it could roll out to some of its locations as it seeks a way to return to profitability. The...

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Businessman submits competing Barneys bid
News 4 weeks ago
Businessman submits competing Barneys bid

An Israeli businessman has submitted an offer for iconic clothier Barneys New York Inc as the bankrupt retailer seeks to avoid liquidation, Reuters...

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Destination Maternity closing 183 stores following bankruptcy filing
News 4 weeks ago
Destination Maternity closing 183 stores following bankruptcy filing

Destination Maternity is shuttering 183 retail locations - nearly 20 percent of its North American brick-and-mortar presence - after filing for...

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California's local economies are stagnating
News 4 weeks ago
California's local economies are stagnating

A measure of local economic strength in the U. S. stagnated in the third quarter, dragged down by lackluster growth in major California cities,...

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JPMorgan eyeing buyers for FreshDirect: Report
News 1 month 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 month 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 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 2 months 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 2 months 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 2 months 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 4 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 4 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 5 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 5 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 5 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 5 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 5 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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