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Country Stores, a New England Institution, Are Going Dark
News 6 days ago
Country Stores, a New England Institution, Are Going Dark

Across New England, classic rural general stores are on the decline amid new competition, especially from online shopping and chain dollar stores....

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U.S. Housing Starts Rose in June
News 6 days ago
U.S. Housing Starts Rose in June

U.S. housing starts rebounded last month, signaling positive momentum for home builders trying to meet solid buyer demand.

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Robots Take Over Retail Jobs
News 6 days ago
Robots Take Over Retail Jobs

The U.S. retail industry’s 16 million workers are at risk of seeing their jobs replaced by automation as large chains, under pressure from Amazon,...

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Property Developers Push for Open Drinking on City Streets
News 1 week ago
Property Developers Push for Open Drinking on City Streets

More cities are allowing patrons to walk around with open containers to generate buzz in retail spots. The hope: that lively atmospheres will...

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Flexport to Open First Warehouse in Southern California
News 1 week ago
Flexport to Open First Warehouse in Southern California

Freight-services startup Flexport Inc. is stepping off the cloud and into the real world. The San Francisco-based firm, which helps customers...

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The Problem With China's Economic Growth
News 1 week ago
The Problem With China's Economic Growth

Domestic demand fueled 6.9% expansion in the second quarter, beating forecasts, but real estate fueled much of the growth and Beijing hasn’t yet...

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China Blocks Big Banks From Lending to Dalian Wanda
News 1 week ago
China Blocks Big Banks From Lending to Dalian Wanda

Chinese regulators have ordered the nation’s big banks to put the brakes on loans to Dalian Wanda Group, the giant property and entertainment...

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Why Is Venice Beach's Housing Supply Shrinking?
News 1 week ago
Why Is Venice Beach's Housing Supply Shrinking?

Some of the toughest places to build new housing in the U.S. are older urban, low-rise neighborhoods like Venice, Calif., where some residents...

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Two VIP Billionaires Teamed Up to Run Luxury Hotels. It's Been a Slog
News 1 week ago
Two VIP Billionaires Teamed Up to Run Luxury Hotels. It's Been a Slog

Bill Gates and Prince al-Waleed bought Four Seasons for $3.8 billion near a market peak, feuded over matters large and small, then made up. Inside...

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The New Hot Office Market: Central New Jersey?
News 1 week ago
The New Hot Office Market: Central New Jersey?

Less expensive office space and swank upgrades spur leasing in midstate New Jersey market.

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Silicon Valley Forges Ahead on Boosting Minimum Wage
News 4 weeks ago
Silicon Valley Forges Ahead on Boosting Minimum Wage

Proponents of a $15 minimum wage have found fertile territory in Silicon Valley, where the region’s booming tech industry is credited for helping...

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Trump Administration Struggles to Find Community Banker for Fed Board
News 4 weeks ago
Trump Administration Struggles to Find Community Banker for Fed Board

The Trump administration is struggling to find a nominee for the Federal Reserve board with community banking experience, delaying plans to fill...

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U.S. New-Home Sales Rise in May, Prices Hit Record
News 1 month ago
U.S. New-Home Sales Rise in May, Prices Hit Record

New-home sales rose in May and prices hit a record level, more evidence of strong demand and tight inventories in the housing market.

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U.S. Existing-Home Sales Up in May
News 1 month ago
U.S. Existing-Home Sales Up in May

Sales of previously owned U.S. homes increased in May, a sign of solid demand during the housing market’s spring selling season despite fast-rising...

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U.S. Housing Starts Fall for Third Consecutive Month in May
News 1 month ago
U.S. Housing Starts Fall for Third Consecutive Month in May

U.S. housing starts decreased for the third consecutive month in May, a sign home builders are struggling to meet buyer demand.

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Google Will Buy Modular Homes to Address Housing Crunch
News 1 month ago
Google Will Buy Modular Homes to Address Housing Crunch

Google owner Alphabet Inc. is finalizing an order to buy 300 modular apartment units from a startup for a building likely to serve as short-term...

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Neiman Marcus Abandons Effort to Sell Itself
News 1 month ago
Neiman Marcus Abandons Effort to Sell Itself

Neiman Marcus CEO Karen Katz said the luxury department store chain is focused on remaining an independent retailer after abandoning efforts for a...

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German Discount Grocer Aldi Sets U.S. Expansion Plan
News 1 month ago
German Discount Grocer Aldi Sets U.S. Expansion Plan

Discount grocery chain Aldi is expected to unveil on Monday plans to invest $5 billion to open nearly 900 stores and remodel hundreds more in the U.S.

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Atlantic City Stabilizes After State Takeover, But Unhappiness Remains
News 1 month ago
Atlantic City Stabilizes After State Takeover, But Unhappiness Remains

One year after New Jersey Gov. Chris Christie moved to seize control of Atlantic City, property taxes are down and municipal bankruptcy no longer...

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Talks to Combine Neiman Marcus and Saks Have Stalled
News 1 month ago
Talks to Combine Neiman Marcus and Saks Have Stalled

Takeover talks between Neiman Marcus Group Inc. and the parent of Saks Fifth Avenue have stalled, according to people familiar with the matter,...

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Wal-Mart Store Workers to Run Deliveries on Commutes
News 1 month ago
Wal-Mart Store Workers to Run Deliveries on Commutes

Wal-Mart Stores Inc. is testing a program in which store workers deliver some orders placed on Walmart.com or Jet.com, a sign of how the retailer...

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Hotels Remove Welcome Mat for Online Travel Agencies
News 1 month ago
Hotels Remove Welcome Mat for Online Travel Agencies

Marriott, Hilton and InterContinental Hotels are using extensive marketing campaigns to claw back business from Expedia and Priceline, which steer...

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Facebook Tool Handles Media Companies' Video Ad Sales
News 2 months ago
Facebook Tool Handles Media Companies' Video Ad Sales

Facebook is testing a new tool designed to help media companies sell video advertising on their own websites, apps and other digital properties in...

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Mall Troubles Threaten a Rite of Passage: The Teen Job
News 2 months ago
Mall Troubles Threaten a Rite of Passage: The Teen Job

A retail-industry shakeout has made hourly jobs at chain stores hard to come by this spring.

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Why Millennials Are (Partly) to Blame for the Housing Shortage
News 2 months ago
Why Millennials Are (Partly) to Blame for the Housing Shortage

As young people and builders have shifted their focus toward trendier urban markets and away from cheaper suburbs, overall housing construction has...

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Connecticut, Nation's Wealthiest State, May be Tapped Out on Taxing the Rich
News 2 months ago
Connecticut, Nation's Wealthiest State, May be Tapped Out on Taxing the Rich

Connecticut, with the highest per capita income in the country, is staring down a projected $5.1 billion two-year budget hole and looking for...

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Report: Hundreds More Department Store Closures Are Necessary
News 2 months ago
Report: Hundreds More Department Store Closures Are Necessary

The forecast for department store chains just got worse. Green Street Advisors is raising the tally for the number of store closures needed to...

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Dick's Sporting Goods Pulls Back on Store Openings; Stock Sinks
News 2 months ago
Dick's Sporting Goods Pulls Back on Store Openings; Stock Sinks

Shares of Dick’s Sporting Goods fell 13% after the retailer said sales at existing stores fell short of forecasts and it would scale back new store...

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Web-Retail Startups Turn for Growth to Bricks and Mortar
News 2 months ago
Web-Retail Startups Turn for Growth to Bricks and Mortar

Casper, which shook up the mattress business, is among several specialty web retailers shifting to brick-and-mortar stores after finding the pool...

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Why Wal-Mart Is Worried About a Discount German Grocer
News 2 months ago
Why Wal-Mart Is Worried About a Discount German Grocer

Lidl, a German discount chain that has upended British retailers, is slated to open its first U.S. stores this year, and Wal-Mart is preparing by...

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