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Amazon Go mini food store opens in Seattle
News 1 day ago
Amazon Go mini food store opens in Seattle

Amazon on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in...

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Lord & Taylor flagship’s final days bring cheap dresses and sad shoppers
News 1 day ago
Lord & Taylor flagship’s final days bring cheap dresses and sad shoppers

This isn’t your mom’s Lord & Taylor. But it sure looks like a good deal. Bargain hunters are swarming to the upscale department store chain’s Fifth...

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Amazon Go mulls putting checkout-free stores in airports
News 6 days ago
Amazon Go mulls putting checkout-free stores in airports

Amazon is looking at bringing its futuristic checkout-free store format to airports in an effort to win business from hungry, time-pressed...

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Walgreens is rolling out prescription delivery program nationwide
News 6 days ago
Walgreens is rolling out prescription delivery program nationwide

Walgreens is joining rival drugstore chain CVS Health in expanding home deliveries for prescriptions nationwide, as stores continue adjusting to a...

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Liberty Media angling to snag post-bankruptcy iHeartMedia
News 1 week ago
Liberty Media angling to snag post-bankruptcy iHeartMedia

Radio giant iHeartMedia just took a major step toward emerging from bankruptcy — and falling into the clutches of John Malone. The Denver-based...

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Amazon has brief turn as Wall Street’s most valuable company
News 1 week ago
Amazon has brief turn as Wall Street’s most valuable company

Amazon briefly became the world’s most valuable company, days after Microsoft had ended Apple’s longtime stint at the top. Shares of the Seattle...

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Ted Baker employees rise up against CEO’s ‘forced hugging’
News 1 week ago
Ted Baker employees rise up against CEO’s ‘forced hugging’

Employees at UK fashion label Ted Baker have launched a petition to end “forced hugging” and other alleged sleazy behavior by its longtime founder...

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Ohio town that stopped GM from leaving once before vows to do it again
News 1 week ago
Ohio town that stopped GM from leaving once before vows to do it again

WARREN, Ohio — For Jim Graham, it seems like just yesterday he helped halt the closure of the Lordstown Assembly plant. It was 1998 and the General...

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Apple heads to Supreme Court over App Store antitrust case
News 2 weeks ago
Apple heads to Supreme Court over App Store antitrust case

WASHINGTON — Apple is at the Supreme Court to defend the way it sells apps for iPhones against claims by consumers that the company has unfairly...

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Strong economy drives holiday spending boom in NYC
News 2 weeks ago
Strong economy drives holiday spending boom in NYC

New York City is at the epicenter of a blockbuster holiday spending boom as the ripple effects of massive, multimillion-dollar Wall Street bonuses,...

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Online surge marks start of solid Thanksgiving sales
News 2 weeks ago
Online surge marks start of solid Thanksgiving sales

Shoppers hit department stores on Thanksgiving evening and spent $1.75 billion online by 5 p.m. ET as a strong economy and rising wages drove a...

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Ikea to cut 7,500 jobs in shift toward e-commerce
News 3 weeks ago
Ikea to cut 7,500 jobs in shift toward e-commerce

Swedish home furnishings giant Ikea said the biggest retailer within its franchise system is cutting 7,500 jobs worldwide as it expands its online...

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David’s Bridal files for bankruptcy
News 3 weeks ago
David’s Bridal files for bankruptcy

Wedding dress retailer David’s Bridal filed for Chapter 11 bankruptcy protection on Monday, but said brides would receive their gowns on time...

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What David’s Bridal’s bankruptcy plan means for worried brides
News 3 weeks ago
What David’s Bridal’s bankruptcy plan means for worried brides

David’s Bridal, the nation’s biggest wedding-gown retailer, said this week it plans to file for bankruptcy “very soon” — and it’s doing advance...

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Nordstrom shares slide amid weak sales growth
News 3 weeks ago
Nordstrom shares slide amid weak sales growth

Shoppers love Nordstrom — as long as they get a deal. The upscale department store posted anemic sales growth of 0.4 percent at its full-price...

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JC Penney shares hit all-time lows as company yanks forecast
News 3 weeks ago
JC Penney shares hit all-time lows as company yanks forecast

JC Penney shares hit all-time lows as the company withdrew its annual earnings forecast on Thursday, adding to nerves about the future of another...

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Landlords want Sears to pull the plug and liquidate: hedge fund
News 4 weeks ago
Landlords want Sears to pull the plug and liquidate: hedge fund

That’s what billionaire Eddie Lampert’s hedge fund ESL Investments is telling a bankruptcy court, complaining that big mall owners have been...

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This local business is the real winner in Amazon’s New York deal
News 4 weeks ago
This local business is the real winner in Amazon’s New York deal

Plastics manufacturer-turned-real estate dynasty Plaxall was the real winner in New York’s deal with Amazon. The online retail giant is expected to...

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Bloomingdale’s to sell home appliances in flagship store
News 4 weeks ago
Bloomingdale’s to sell home appliances in flagship store

This holiday season, Bloomingdale’s would like to sell you a dishwasher. In the latest sign that department stores are desperate to redeploy excess...

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Ocasio-Cortez finds Amazon’s HQ2 in NYC ‘extremely concerning’
News 1 month ago
Ocasio-Cortez finds Amazon’s HQ2 in NYC ‘extremely concerning’

Queens residents are “outraged” at Amazon’s plans to build part of its second headquarters in Long Island City, according to Rep.-elect Alexandria...

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Lowe’s closes 20 stores in US under new CEO
News 1 month ago
Lowe’s closes 20 stores in US under new CEO

Lowe’s 20 store closures in the US are being seen as a low-water mark. The home-renovation chain, which made the announcement last week, including...

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Eddie Lampert’s hedge fund claims no ‘windfall’ from Sears demise
News 1 month ago
Eddie Lampert’s hedge fund claims no ‘windfall’ from Sears demise

Think billionaire Eddie Lampert made a bundle off Sears’ demise? “Nothing could be further from reality.” That’s according to testily written court...

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Brookstone will return to malls in $165M deal
News 1 month ago
Brookstone will return to malls in $165M deal

Brookstone is coming back to the mall — on department store shelves, that is. After closing all of its own stores over the summer except for 34...

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This is how much an average Black Friday shopper spends
News 1 month ago
This is how much an average Black Friday shopper spends

This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. This is a modal window. This modal can...

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Wells Fargo error caused 545 customers to lose their homes
News 1 month ago
Wells Fargo error caused 545 customers to lose their homes

Wells Fargo said on Tuesday an internal underwriting error had caused it to reject home loan modifications, resulting in the bank foreclosing more...

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How high-end department store reps use social media to rake in millions
News 1 month ago
How high-end department store reps use social media to rake in millions

The top sales reps at Saks Fifth Avenue and Neiman Marcus aren’t making their numbers by trolling the floor and spritzing shoppers’ wrists with...

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Sears directors hire bank to scrutinize Lampert deals
News 1 month ago
Sears directors hire bank to scrutinize Lampert deals

Two Sears Holdings board directors have hired investment bank Evercore to scrutinize deals that were led by former Sears Chief Executive Eddie...

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How Costco plans to keep up with $5 rotisserie chicken demand
News 1 month ago
How Costco plans to keep up with $5 rotisserie chicken demand

In an effort to continue selling quality goods at the lowest prices possible, specifically its $5 rotisserie chicken, Costco is building its own...

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Malls fear Sears bankruptcy signs will scare off buyers
News 1 month ago
Malls fear Sears bankruptcy signs will scare off buyers

If you’re going out of business, try not to make too much of a fuss about it. As Sears gears up to close some 142 stores after filing for Chapter...

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Lampert reportedly seeks partner for Sears bankruptcy financing
News 1 month ago
Lampert reportedly seeks partner for Sears bankruptcy financing

Sears Holdings Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the US...

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