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U.S. Home Price Gains Accelerated in August
News 2 weeks ago
U.S. Home Price Gains Accelerated in August

Home price growth picked up speed in August, an indication that despite slowing sales in recent months demand for housing remains strong.

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Latest Use for Blockchain Technology: Tracing Turkeys
News 3 weeks ago
Latest Use for Blockchain Technology: Tracing Turkeys

Agricultural conglomerate Cargill aims to harness the blockchain technology underlying bitcoin to let shoppers trace their turkeys from the store...

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WeWork Venture to Buy Lord & Taylor's Flagship Store
News 3 weeks ago
WeWork Venture to Buy Lord & Taylor's Flagship Store

Real-estate startup WeWork has struck a deal to acquire Lord & Taylor’s flagship New York City store for $850 million, a move that will convert the...

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Big Mall Operator Does the Unthinkable---Builds a Mall
News 3 weeks ago
Big Mall Operator Does the Unthinkable---Builds a Mall

This summer, GGP broke ground on a new shopping mall, a seemingly risky venture in a world where retailers are closing hundreds of stores and malls...

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Target Expands Store Makeovers
News 1 month ago
Target Expands Store Makeovers

Target Corp. said it would expand plans to remodel its existing supercenters and open smaller stores in cities, as the retailer seeks to win back...

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Wal-Mart Nears Web Deal with Lord & Taylor
News 1 month ago
Wal-Mart Nears Web Deal with Lord & Taylor

Wal-Mart is near a deal with Lord & Taylor that would give the department store dedicated space on walmart.com, a potential first step in creating...

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U.S. Housing Starts Fell in September
News 1 month ago
U.S. Housing Starts Fell in September

U.S. housing starts decreased last month for the fifth time in six months, a sign home builders are struggling to keep pace with solid buyer demand.

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Investor Behind Weinstein Studio Bid Is a Friend to Many in Hollywood
News 1 month ago
Investor Behind Weinstein Studio Bid Is a Friend to Many in Hollywood

Thomas J. Barrack Jr., the wealthy private-equity investor who is in negotiations to buy the Weinstein Co., has spent most of his career trading...

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Canada Housing Starts Post Rare Drop
News 1 month ago
Canada Housing Starts Post Rare Drop

Canadian housing starts fell in September after eight straight monthly gains, although the level remains elevated.

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Lidl Stores Gain Little Traction So Far in U.S.
News 1 month ago
Lidl Stores Gain Little Traction So Far in U.S.

German grocery discounter Lidl has had trouble sustaining store traffic since opening its first U.S. outlets in June, and rivals have recovered...

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The Many Places Amazon CEO Jeff Bezos Calls Home
News 1 month ago
The Many Places Amazon CEO Jeff Bezos Calls Home

The Amazon chief owns multiple properties, including a more than 300,000-acre Texas ranch. In choosing a site for the company’s second headquarters...

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Canadian Grocer Metro to Buy Jean Coutu for $3.6 Billion
News 1 month ago
Canadian Grocer Metro to Buy Jean Coutu for $3.6 Billion

Canadian grocery giant Metro plans to buy drug store chain Jean Coutu for $3.6 billion, creating a network of grocery stores and pharmacies with 1...

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World's Biggest Oil Company Promised Expats Idyllic Lifestyle---Then Fire Erupted
News 1 month ago
World's Biggest Oil Company Promised Expats Idyllic Lifestyle---Then Fire Erupted

Saudi Aramco, which is planning what could be the biggest IPO ever, ignored warnings from its own safety experts about the construction of a...

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Retail Stores Made Elmira, N.Y., an Unlikely Success---Now They're Gone
News 1 month ago
Retail Stores Made Elmira, N.Y., an Unlikely Success---Now They're Gone

To understand the ripple effects of the collapse in traditional retail, look no further than Elmira, N.Y. The surrounding county, famed for its...

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Albertsons to Buy Meal-Kit Company Plated
News 2 months ago
Albertsons to Buy Meal-Kit Company Plated

Albertsons Cos. is buying the Plated meal-kit service, the first acquisition of a prepared-meals company by a national grocery chain as...

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How to Lure Online Shoppers to the Mall? Ski Slopes, Aquariums, Spas
News 2 months ago
How to Lure Online Shoppers to the Mall? Ski Slopes, Aquariums, Spas

As the West grapples with a decline in brick-and-mortar retail, Dubai’s mega malls are becoming entertainment destinations for the whole family.

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U.S. Housing Starts Fell, Permits Rose in August
News 2 months ago
U.S. Housing Starts Fell, Permits Rose in August

U.S. housing starts slipped again in August, but building permits rebounded.

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U.S. Retail Sales Fell in August
News 2 months ago
U.S. Retail Sales Fell in August

Spending at U.S. retailers fell in August with consumers buying fewer goods at home-improvement stores, car dealerships and online.

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Nordstrom Tries On a New Look: Stores Without Merchandise
News 2 months ago
Nordstrom Tries On a New Look: Stores Without Merchandise

Nordstrom is opening a store where shoppers will be able to enjoy manicures, beer and on-site tailoring. Something it won’t have: racks of clothes.

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Shift From DIY Renovations Hurts Paint Profits
News 2 months ago
Shift From DIY Renovations Hurts Paint Profits

With a strengthening housing market, low unemployment and rising incomes, homeowners forsake DIY projects and leave painting to the pros.

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How Kirkland Signature Became One of Costco's Biggest Success Stories
News 2 months ago
How Kirkland Signature Became One of Costco's Biggest Success Stories

Costco has leveraged its Kirkland Signature label to attract shoppers and challenge manufacturers. Now generating about a quarter of the company’s...

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Disney to Include Star Wars, Marvel Movies on New Streaming Service
News 2 months ago
Disney to Include Star Wars, Marvel Movies on New Streaming Service

Disney intends to offer its Marvel and Star Wars properties through the subscription video service it is planning to launch in 2019, rather than...

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Allegiant Air Ventures Into Real Estate
News 2 months ago
Allegiant Air Ventures Into Real Estate

Low-cost airline Allegiant Travel will venture into real estate with a sprawling resort on Florida’s Gulf Coast, even as hotel development slows...

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Amazon Cuts Grocery Prices at Whole Foods
News 2 months ago
Amazon Cuts Grocery Prices at Whole Foods

Amazon marked its takeover of Whole Foods by cutting grocery prices and advertising its Amazon Echo devices at a steep discount in many of the...

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Perfumania Seeks Bankruptcy Protection
News 2 months ago
Perfumania Seeks Bankruptcy Protection

Mall-based retailer chain Perfumania Holdings has sought chapter 11 protection with plans to reorganize around its better-performing stores.

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SoftBank Finalizes $4.4 Billion WeWork Investment
News 2 months ago
SoftBank Finalizes $4.4 Billion WeWork Investment

SSoftBank Group Corp. has finalized a deal to invest $4.4 billion in office-sharing company WeWork Cos., a massive deal that demonstrates the...

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Apparel Retailers Pushing Discounts to Win Customers
News 2 months ago
Apparel Retailers Pushing Discounts to Win Customers

Clothing retailers hurt by declines in mall traffic showed encouraging signs in their most recent results as they leaned on discounts and marketing...

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Housing Starts Plunge Despite Strong Demand
News 3 months ago
Housing Starts Plunge Despite Strong Demand

U.S. housing starts declined in July for the fourth time in five months, driven by a decline in multifamily housing construction that is likely to...

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Store Closings Weigh on J.C. Penney
News 3 months ago
Store Closings Weigh on J.C. Penney

J.C. Penney posted a wider quarterly loss, as liquidation sales at stores it closed during the period weighed on the company’s results.

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Macy's Earnings: What to Watch
News 3 months ago
Macy's Earnings: What to Watch

Macy’s Inc., a bellwether for department store chains, is scheduled to report second-quarter results before the market opens on Thursday.

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