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Apple's iPhone 8 sees muted launch in Asia
News 3 hours ago
Apple's iPhone 8 sees muted launch in Asia

SYDNEY/TOKYO (Reuters)- Apple Inc’s (AAPL.O) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out...

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Toys 'R' Us plans holiday hires including toy demonstrators
News 23 hours ago
Toys 'R' Us plans holiday hires including toy demonstrators

(Reuters)- Toys “R” Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal...

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Albertsons buys meal-kit delivery provider Plated
News 1 day ago
Albertsons buys meal-kit delivery provider Plated

(Reuters)- Albertsons Cos Inc (ABS.N), one of America’s biggest supermarket chains, said on Wednesday it would buy meal-kit delivery service Plated...

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Toys 'R' Us CEO sees future with smaller shops
News 1 day ago
Toys 'R' Us CEO sees future with smaller shops

NEW YORK (Reuters)- Toys “R” Us Inc will shrink its stores and revamp its bigger outlets through its bankruptcy process, which may end with the...

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Wal-Mart to give more hours to current staff this holiday season
News 1 day ago
Wal-Mart to give more hours to current staff this holiday season

(Reuters)- Wal-Mart Stores Inc (WMT.N) said on Wednesday it would not hire temporary workers this holiday season and would instead offer the extra...

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How $5 billion of debt caught up with Toys 'R' Us
News 2 days ago
How $5 billion of debt caught up with Toys 'R' Us

(Reuters)- Toys “R” Us Inc has been making $400 million in interest payments on its debt every year, largely due to its $6.6 billion leveraged...

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Retailers boost holiday hires in stores to help tackle online sales
News 2 days ago
Retailers boost holiday hires in stores to help tackle online sales

(Reuters)- Major retailers are looking to stimulate anemic sales by hiring thousands of more workers this holiday season to improve customer...

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Walgreens gets regulatory nod for slimmed-down Rite Aid deal
News 2 days ago
Walgreens gets regulatory nod for slimmed-down Rite Aid deal

(Reuters)- U.S. antitrust regulators have allowed a slimmed-down deal for drugstore chain Walgreens Boots Alliance Inc (WBA.O) to buy about 42...

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Toys 'R' Us seeks bankruptcy to survive retail upheaval
News 2 days ago
Toys 'R' Us seeks bankruptcy to survive retail upheaval

(Reuters)- Toys ‘R’ Us Inc, the largest U.S. toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to...

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Walgreens gets regulator's nod to buy Rite Aid stores
News 2 days ago
Walgreens gets regulator's nod to buy Rite Aid stores

(Reuters)- Drugstore chain Walgreens Boots Alliance Inc (WBA.O) said on Tuesday it received regulatory clearance to buy 1,932 stores, 254 stores...

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Kohl's to accept Amazon returns in 82 stores
News 2 days ago
Kohl's to accept Amazon returns in 82 stores

(Reuters)- Department store operator Kohl’s Corp said on Tuesday that select merchandise bought from Amazon.com Inc can be returned at 82 Kohl’s...

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Toys 'R' Us files for bankruptcy ahead of holiday season
News 3 days ago
Toys 'R' Us files for bankruptcy ahead of holiday season

(Reuters)- Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail...

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Macy's to hire 80,000 workers for holidays, fewer than last year
News 1 week ago
Macy's to hire 80,000 workers for holidays, fewer than last year

(Reuters)- Macy’s Inc (M.N) will increase by 20 percent the number of workers it hires during the holiday shopping season to staff distribution and...

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Macy's to hire 80,000 workers for holidays, fewer than last year
News 1 week ago
Macy's to hire 80,000 workers for holidays, fewer than last year

(Reuters)- Macy’s Inc (M.N) will increase by 20 percent the number of workers it hires during the holiday shopping season to staff distribution and...

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Price cuts lure more shoppers to Whole Foods stores: tracking firms
News 1 week ago
Price cuts lure more shoppers to Whole Foods stores: tracking firms

LOS ANGELES (Reuters)- Amazon.com’s (AMZN.O) recent price cuts at Whole Foods drew more shoppers to its newly acquired natural and organic grocery...

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Target to hire 100,000 for holiday season rush
News 1 week ago
Target to hire 100,000 for holiday season rush

(Reuters)- Target Corp (TGT.N) said on Wednesday it would hire 100,000 workers for the holiday season, up 43 percent from last year, as the...

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Target to boost holiday season hiring by 43 percent
News 1 week ago
Target to boost holiday season hiring by 43 percent

(Reuters)- Target Corp (TGT.N) said on Wednesday it would hire 100,000 workers for the holiday season, 43 percent more than last year, as the...

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Exclusive: EU regulators have concerns over Luxottica-Essilor merger- source
News 1 week ago
Exclusive: EU regulators have concerns over Luxottica-Essilor merger- source

BRUSSELS (Reuters)- EU anti-trust regulators will meet Luxottica (LUX.MI) and Essilor (ESSI.PA) this week to express concerns about their plan to...

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Kroger results hit by grocery price war, shares slide
News 1 week ago
Kroger results hit by grocery price war, shares slide

(Reuters)- Kroger Co (KR.N) on Friday reported a quarterly profit drop after an intensifying grocery price war hit its bottom line, and warned that...

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Amazon opens bidding to cities for $5 billion 'HQ2', a second headquarters
News 2 weeks ago
Amazon opens bidding to cities for $5 billion 'HQ2', a second headquarters

(Reuters)- Amazon.com Inc (AMZN.O) said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition...

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Amazon scouts for second headquarters with $5 billion price tag
News 2 weeks ago
Amazon scouts for second headquarters with $5 billion price tag

(Reuters)- Amazon.com Inc (AMZN.O) said on Thursday it was searching for a location to build its second headquarters in North America that would...

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Toys'R'Us taps law firm to weigh restructuring options: source
News 2 weeks ago
Toys'R'Us taps law firm to weigh restructuring options: source

NEW YORK (Reuters)- Toys“R”Us Inc has hired law firm Kirkland & Ellis LLP to help weigh restructuring options ranging from a bankruptcy filing to...

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Kohl's to sell Amazon devices at 10 LA, Chicago stores
News 2 weeks ago
Kohl's to sell Amazon devices at 10 LA, Chicago stores

(Reuters)- U.S. department store operator Kohl’s Corp said on Wednesday it would sell Amazon.com Inc devices at 10 stores in Los Angeles and...

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Blackstone cancels $2.8 billion Australian mall sale on weak interest: source
News 2 weeks ago
Blackstone cancels $2.8 billion Australian mall sale on weak interest: source

SYDNEY (Reuters)- Private equity giant Blackstone Group (BX.N) canceled the sale of a A$3.5 billion ($2.8 billion) Australian shopping mall...

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Just smile: In KFC China store, diners have new way to pay
News 3 weeks ago
Just smile: In KFC China store, diners have new way to pay

SHANGHAI (Reuters)- Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile. Customers...

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U.S. house prices to keep rising on supply constraints: Reuters poll
News 3 weeks ago
U.S. house prices to keep rising on supply constraints: Reuters poll

BENGALURU (Reuters)- U.S. house prices are forecast to rise by a cumulative 10 percent over this year and next, driven by a scarcity of new homes,...

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Whole Foods overall prices still high after selective cuts: analyst
News 3 weeks ago
Whole Foods overall prices still high after selective cuts: analyst

LOS ANGELES (Reuters)- Whole Foods shoppers may be premature in cheering Amazon.com's steep price cuts on staples like bananas, avocados and beef,...

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Wal-Mart eyes $316 million in Brazil store reforms through 2019
News 3 weeks ago
Wal-Mart eyes $316 million in Brazil store reforms through 2019

SAO PAULO (Reuters)- Wal-Mart Stores Inc (WMT.N) plans to invest around 1 billion reais ($316 million) in Brazil through 2019 to refurbish about...

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Whole Foods slashes prices on some produce, also selling Amazon's Echo
News 3 weeks ago
Whole Foods slashes prices on some produce, also selling Amazon's Echo

LOS ANGELES/CHICAGO (Reuters)- On its first day as part of Amazon.com (AMZN.O), organic grocery chain Whole Foods Market Inc (WFM.O) slashed prices...

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Russian billionaire selling off Zaha Hadid-designed tower: sources
News 3 weeks ago
Russian billionaire selling off Zaha Hadid-designed tower: sources

MOSCOW (Reuters)- A conglomerate controlled by Russian billionaire Mikhail Gutseriev and his family is selling off a $400 million portfolio of...

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