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Company scraps site to avoid suits for ADA violations
News 20 hours ago
Company scraps site to avoid suits for ADA violations

The Riese Organization owns dozens of restaurants in the Big Apple, but you won’t find a single Web site touting its franchises, including Pizza...

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Target purchases grocery delivery service for $550M
News 4 days ago
Target purchases grocery delivery service for $550M

What the truck is going on with big box retailers? Target on Wednesday became the latest big boxer to join the equivalent of the arms’ race for...

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Miami penthouse on sale for 33 bitcoin — cash not accepted
News 4 days ago
Miami penthouse on sale for 33 bitcoin — cash not accepted

Attention bitcoin millionaires ready to spend your coins: here’s a very real-world purchase option — no traditional cash required. A Miami...

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German grocer Lidl's US growth spurt is losing steam
News 5 days ago
German grocer Lidl's US growth spurt is losing steam

Lidl is losing its appetite for big stores. The fast-growing German discount grocer has recently switched gears and will now include in its...

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Mall giant GGP rejects buyout offer from Brookfield
News 6 days ago
Mall giant GGP rejects buyout offer from Brookfield

GGP, one of the largest owners and operators of US shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder,...

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FAO Schwarz is finally coming back to Midtown
News 1 week ago
FAO Schwarz is finally coming back to Midtown

FAO Schwarz will return to Midtown Manhattan next fall in a smaller space but one definitely big enough to accommodate its iconic Walking Piano....

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Saks Fifth Avenue owner admits summer layoffs sparked chaos
News 1 week ago
Saks Fifth Avenue owner admits summer layoffs sparked chaos

The owner of Saks Fifth Avenue got a little too happy swinging the ax this summer. Hudson’s Bay Co., which also owns Lord & Taylor, admitted...

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Home prices surged in August even as sales slipped
News 1 month ago
Home prices surged in August even as sales slipped

US home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales. The Standard &...

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JCPenney's fire sales on fall fashions clobber its stock
News 1 month ago
JCPenney's fire sales on fall fashions clobber its stock

JCPenney’s stock plunged more than 17 percent after it slashed its financial forecasts, citing slower-than-expected sales in the crucial back-to...

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Tiffany bets NYC pop-up stores will renew sparkle
News 1 month ago
Tiffany bets NYC pop-up stores will renew sparkle

Tiffany & Co., unable to build its same-store sales over the past 2¹/₂ years, will reach deep into its bag of tricks this holiday season. The...

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Walmart rolls out robots to make sure shelves stay stocked
News 1 month ago
Walmart rolls out robots to make sure shelves stay stocked

Walmart will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves and save store employees time...

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Sumner Redstone's ex won't be getting his NYC penthouse
News 1 month ago
Sumner Redstone's ex won't be getting his NYC penthouse

First ailing media mogul Sumner Redstone kicked his ex-girlfriend out of his Beverly Hills home, now a Manhattan judge has booted her from his New...

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Toys ‘R' Us vendors are shipping again, lawyer says
News 1 month ago
Toys ‘R' Us vendors are shipping again, lawyer says

Vendors to Toys ‘R’ Us have resumed shipping top products, a bankruptcy lawyer said on Tuesday, allowing the retailer to stock its shelves ahead of...

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Even Chipotle's queso launch couldn't prevent earnings miss
News 1 month ago
Even Chipotle's queso launch couldn't prevent earnings miss

Chipotle Mexican Grill on Tuesday left investors with a sour taste in their mouths, reporting dismal third-quarter results buffeted by hurricanes,...

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Sears and Whirlpool split after 100-year relationship
News 1 month ago
Sears and Whirlpool split after 100-year relationship

Sears will no longer sell Whirlpool appliances, ending a business relationship that dates back more than 100 years. In a note sent to its stores...

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WeWork is buying Lord & Taylor's Fifth Avenue flagship
News 1 month ago
WeWork is buying Lord & Taylor's Fifth Avenue flagship

Lord & Taylor’s flagship store on Fifth Avenue is getting sold to WeWork, the New York-based tech unicorn that markets shared office space. Hudson...

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Plus-size retailer to close as mall traffic declines
News 1 month ago
Plus-size retailer to close as mall traffic declines

A decline in mall traffic in recent years is forcing yet another apparel retailer to retrench. Plus-size retailer Fashion to Figure, a 26-store...

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Subway scrambles to understand plunge in sales
News 1 month ago
Subway scrambles to understand plunge in sales

For decades, the Subway sandwich chain was among the hottest restaurants in the world. Its healthier-than-burgers menu, wallet-friendly $5...

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Now you can buy a small house on Amazon
News 1 month ago
Now you can buy a small house on Amazon

Need a house? Just click your mouse three times and say “There's no place like home.” A building company is now selling actual houses on Amazon...

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Did Goldman CEO hint at a Euro HQ move to Frankfurt?
News 1 month ago
Did Goldman CEO hint at a Euro HQ move to Frankfurt?

Sprechen sie Deutsch, Herr Blankfein? Goldman Sachs’ CEO dropped a not-too-subtle hint on Thursday that the bank would be beefing up its business...

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De Blasio submits bid for Amazon but doesn't want you shopping there
News 1 month ago
De Blasio submits bid for Amazon but doesn't want you shopping there

Mayor de Blasio encouraged New Yorkers not to shop at online retailers like Amazon just hours after proposing the tech behemoth set up its second...

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Trump plunges down list of ‘America's Richest'
News 2 months ago
Trump plunges down list of ‘America's Richest'

President Trump’s wallet took a $600 million hit this year over last — as he dropped from 156th place in 2016 on Forbes magazine’s annual list of...

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Microsoft built a huge treehouse for their employees
News 2 months ago
Microsoft built a huge treehouse for their employees

From Apple’s new spaceship headquarters to Google’s massage rooms, nap pods and on-site doctor, day-to-day life can be pretty sweet working for...

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Neiman Marcus stores can see what customers are buying online
News 2 months ago
Neiman Marcus stores can see what customers are buying online

Neiman Marcus’ new marketing tool has a whiff of Big Brother. Regular Neiman customers might be surprised to know that their online browsing...

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Halloween spending projected to set record at $9.1B
News 2 months ago
Halloween spending projected to set record at $9.1B

And you thought the retail outlook was scary. As Halloween approaches, Americans from all walks of life are in the process of spending billions on...

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Retailers eyeing private brand ownership as key to growth
News 2 months ago
Retailers eyeing private brand ownership as key to growth

An arms race is escalating in the retail sector — and the weapons of choice are store-owned labels. Sales of private brands at big chains like...

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Walmart and Jet.com are dividing America to conquer it
News 2 months ago
Walmart and Jet.com are dividing America to conquer it

Walmart brass feels its brand may not be the best when it comes to selling to urban customers. The discount giant will have its youngish Jet.com e...

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Cuomo's plan to bring Hollywood to upstate New York turning into a disaster
News 2 months ago
Cuomo's plan to bring Hollywood to upstate New York turning into a disaster

Lights! Action! Lawsuit! Gov. Cuomo’s plan to bring Hollywood to central New York has turned into a horror film with a nasty ending. The developer...

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There's a glimmer of hope amid Neiman Marcus' sales decline
News 2 months ago
There's a glimmer of hope amid Neiman Marcus' sales decline

The bad news is less grim for luxury department store chain Neiman Marcus. The Dallas-based chain on Tuesday reported its 10th straight quarterly...

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Returning items to Walmart is about to get a lot easier
News 2 months ago
Returning items to Walmart is about to get a lot easier

If brick-and-mortar retail is going to make a return to being a growing concern, it may very well be sparked by returns. Less than a month after...

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