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Exclusive: Sears to ask bankruptcy judge to liquidate
News 1 month ago
Exclusive: Sears to ask bankruptcy judge to liquidate

Exclusive: Sears to ask bankruptcy judge to liquidate FILE PHOTO: An empty jewelry display case is seen inside a Sears department store which was...

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U.S. retail imports level off after China tariff avoidance rush
News 1 month ago
U.S. retail imports level off after China tariff avoidance rush

LOS ANGELES (Reuters) - Imports at major U. S. container ports are leveling off after retailers’ months-long rush to bring in Chinese merchandise...

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Sears to ask bankruptcy judge for approval to liquidate: sources
News 1 month ago
Sears to ask bankruptcy judge for approval to liquidate: sources

NEW YORK (Reuters) - Sears Holdings Corp agreed on Tuesday to consider a revised takeover bid from Chairman Edward Lampert, temporarily staving off...

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On brink of demise, Sears to reconsider billionaire chairman's bid
News 1 month ago
On brink of demise, Sears to reconsider billionaire chairman's bid

NEW YORK (Reuters) - Sears Holdings Corp agreed on Tuesday to consider a revised takeover bid from billionaire Chairman Edward Lampert, temporarily...

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Sears agrees to consider revised Lampert bid
News 1 month ago
Sears agrees to consider revised Lampert bid

NEW YORK (Reuters) - Sears Holdings Corp agreed on Tuesday to consider a revised takeover bid from Chairman Edward Lampert, temporarily staving off...

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Credit Suisse settles New York state RMBS lawsuit
News 1 month ago
Credit Suisse settles New York state RMBS lawsuit

ZURICH (Reuters) - Credit Suisse has settled a 2012 New York state lawsuit alleging misconduct over residential mortgage-backed securities (RMBS),...

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Sears picks liquidator should rescue talks fall through: sources
News 1 month ago
Sears picks liquidator should rescue talks fall through: sources

(Reuters) - A long-standing liquidator is now first in line for one of the U. S. retail sector’s most daunting assignments: shutting down 126-year...

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Offices grow 'brains' as companies seek to attract smarter workers
News 1 month ago
Offices grow 'brains' as companies seek to attract smarter workers

BERLIN (Reuters) - Employees will not need a key to get into the office of the future when it opens in Berlin this year, featuring ample meeting...

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U.S. retail vacancies rise marginally in fourth quarter: Reis
News 1 month ago
U.S. retail vacancies rise marginally in fourth quarter: Reis

(Reuters) - U. S. retail vacancies inched higher in the fourth quarter, underscoring how the retail sector has withstood many store closures across...

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Apple set to pull some iPhones from its German stores after Qualcomm enforces ban
News 1 month ago
Apple set to pull some iPhones from its German stores after Qualcomm enforces ban

Apple set to pull some iPhones from its German stores after Qualcomm enforces ban (Reuters) - Apple Inc (AAPL. O) is likely to pull some iPhone...

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Big claims strain senior living market for U.S. insurers
News 1 month ago
Big claims strain senior living market for U.S. insurers

(Reuters) - Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies....

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Amazon to expand Whole Foods stores: Wall Street Journal
News 1 month ago
Amazon to expand Whole Foods stores: Wall Street Journal

FILE PHOTO: The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/File Photo (Reuters) -...

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Britain's HMV faces the music as retailer calls in administrators
News 1 month ago
Britain's HMV faces the music as retailer calls in administrators

Britain's HMV faces the music as retailer calls in administrators (Reuters) - Music retailer HMV said it was calling in the administrators, blaming...

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Sears Chair Lampert makes $4.4 billion bid to keep retailer alive
News 1 month ago
Sears Chair Lampert makes $4.4 billion bid to keep retailer alive

(Reuters) - Sears Holdings Corp Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U. S. retailer, representing its only...

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Sears Chair Lampert makes bid to keep retailer alive: sources
News 1 month ago
Sears Chair Lampert makes bid to keep retailer alive: sources

(Reuters) - Sears Holdings Corp Chairman Eddie Lampert has submitted a roughly $4.6 billion takeover bid for the bankrupt U. S. retailer,...

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German retailer Kaufland drops Unilever products over price rises
News 2 months ago
German retailer Kaufland drops Unilever products over price rises

FILE PHOTO: The logo of Unilever is seen at the headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw/File Photo...

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Online clothing retailers hunt for better fit to cut costly returns
News 2 months ago
Online clothing retailers hunt for better fit to cut costly returns

Online clothing retailers hunt for better fit to cut costly returns BERLIN/MADRID (Reuters) - Models testing fashion brands like Adidas (ADSGn. DE)...

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Apple to pull some iPhones from German stores after court ruling
News 2 months ago
Apple to pull some iPhones from German stores after court ruling

Apple to pull some iPhones from German stores after court ruling MUNICH/SAN FRANCISCO (Reuters) - Apple Inc said it would pull some iPhone models...

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Trump tariff war with China sends U.S. retailers on buying binge
News 2 months ago
Trump tariff war with China sends U.S. retailers on buying binge

Trump tariff war with China sends U. S. retailers on buying binge CHICAGO (Reuters) - In the nearly 40 years she has spent in trade, Amy Magnus has...

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Sears to take $443 million in charges arising from store closures
News 2 months ago
Sears to take $443 million in charges arising from store closures

Sears to take $443 million in charges arising from store closures FILE PHOTO: The Sears logo is seen outside a store in Brooklyn, New York, U. S.,...

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U.S. core retail sales accelerate in November
News 2 months ago
U.S. core retail sales accelerate in November

WASHINGTON (Reuters) - U. S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods...

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Amazon aims at office workers with compact cashier-less food store
News 2 months ago
Amazon aims at office workers with compact cashier-less food store

Amazon associate Cindy Umipig checks inventory at a smaller format Amazon Go store, which will be open to Amazon employees and their guests, in the...

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U.S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources
News 2 months ago
U.S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources

U. S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources SINGAPORE (Reuters) - U. S. private investment firm Castlelake LP...

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Exclusive: Amazon targets airports for checkout-free store expansion
News 2 months ago
Exclusive: Amazon targets airports for checkout-free store expansion

(Reuters) - Amazon.com Inc (AMZN. O) is looking at bringing its futuristic checkout-free store format to airports in an effort to win business from...

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Sears Chairman Lampert makes $4.6 billion bid for bankrupt retailer
News 2 months ago
Sears Chairman Lampert makes $4.6 billion bid for bankrupt retailer

(Reuters) - Sears Holdings Corp (SHLDQ. PK) Chairman Eddie Lampert’s ESL Investments Inc has made an offer valued at $4.6 billion to buy the...

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Hoarding for Brexit sparks race for warehouse space in Britain
News 2 months ago
Hoarding for Brexit sparks race for warehouse space in Britain

Hoarding for Brexit sparks race for warehouse space in Britain LEIGHTON BUZZARD, England (Reuters) - In a vast warehouse complex 40 miles north of...

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Gymboree explores sale of some brands, store closures
News 2 months ago
Gymboree explores sale of some brands, store closures

FILE PHOTO: Two children stand near a 60 percent off sale sign at a Gymboree children's clothing store as shoppers buy gifts on Christmas Eve at...

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Jewish Americans sue Airbnb over West Bank listing ban
News 2 months ago
Jewish Americans sue Airbnb over West Bank listing ban

(Reuters) - A group of Jewish Americans sued Airbnb Inc on Wednesday in U. S. federal court, accusing the home rental company of religious...

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Sears secures court approval for additional $350 million loan
News 2 months ago
Sears secures court approval for additional $350 million loan

NEW YORK/SAN FRANCISCO (Reuters) - Sears Holdings Corp (SHLDQ. PK) won court approval on Tuesday for $350 million in critical bankruptcy financing...

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U.S. top court leans towards allowing Apple App Store antitrust suit
News 2 months ago
U.S. top court leans towards allowing Apple App Store antitrust suit

WASHINGTON (Reuters) - U. S. Supreme Court justices on Monday appeared open to letting a lawsuit proceed against Apple Inc (AAPL.O) that accused it...

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