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Walmart in 2018: Battling Amazon and Repositioning Overseas
News 2 months ago
Walmart in 2018: Battling Amazon and Repositioning Overseas

The past year was particularly busy for Walmart (NYSE: WMT). The world's largest retailer sought to build on its long-term effort to reposition...

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The Michaels Companies Earnings: Looking Forward to the Holidays
News 2 months ago
The Michaels Companies Earnings: Looking Forward to the Holidays

Arts and crafts retailer The Michaels Companies (NASDAQ: MIK) reported third-quarter results on Thursday morning. The company exceeded management's...

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Why Office Depot Stock Soared 26% in November
News 2 months ago
Why Office Depot Stock Soared 26% in November

Shares of Office Depot (NASDAQ: ODP) jumped 26.2% last month, according to data provided by S&P Global Market Intelligence. The office supply...

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Amazon testing cashierless checkout technology at large stores: Report
News 2 months ago
Amazon testing cashierless checkout technology at large stores: Report

Amazon is looking to expand its use of cashierless checkout technology at brick-and-mortar retail locations, according to a report Sunday. The e...

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How to Earn Money -- Without Really Working
News 2 months ago
How to Earn Money -- Without Really Working

As you trudge to work, perhaps suffering through traffic on a long commute, you may fantasize about earning money a different way. In the best...

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Could Costco Wholesale Corporation Be a Millionaire Maker Stock?
News 2 months ago
Could Costco Wholesale Corporation Be a Millionaire Maker Stock?

Costco Wholesale (NASDAQ: COST) is in a class of its own when it comes to brick-and-mortar retailers. The membership-based warehouse club continues...

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Ikea moving into city centers to adapt to consumer changes
News 2 months ago
Ikea moving into city centers to adapt to consumer changes

An airport worker drops by Warsaw's newest Ikea store during her lunch break to finish up plans for a home refurbishment. Around her, people drift...

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Millennial Money: How to just say no to gift exchanges
News 2 months ago
Millennial Money: How to just say no to gift exchanges

Your college roommate. Your current roommate. Your book club. Your brunch crew. Your office secret Santa. Your cousins. Your siblings. Your parents...

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Amazon HQ2 in Virginia won't cause affordable housing crisis, official says
News 2 months ago
Amazon HQ2 in Virginia won't cause affordable housing crisis, official says

Officials in Alexandria, Virginia, said Amazon’s plan to build half of its second headquarters in Northern Virginia won’t cause a prolonged spike...

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Taxes may be a bigger part of online shopping this season
News 2 months ago
Taxes may be a bigger part of online shopping this season

Shoppers heading online to purchase holiday gifts will find they're being charged sales tax at some websites where they weren't before. The reason:...

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NASA weighs in on petroleum development in Arctic Ocean
News 3 months ago
NASA weighs in on petroleum development in Arctic Ocean

The federal agency that oversees offshore petroleum leasing has received comment on Arctic Ocean drilling from a surprise source — NASA. Alaska's...

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'Wreck-It Ralph' and 'Creed' sequels top holiday box office
News 3 months ago
'Wreck-It Ralph' and 'Creed' sequels top holiday box office

Movie sequels are having their own Thanksgiving feast at the box office and fueling record industry-wide grosses for the long weekend. "Ralph...

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Lord & Taylor prepares to say goodbye to Fifth Avenue
News 3 months ago
Lord & Taylor prepares to say goodbye to Fifth Avenue

For generations, the Lord & Taylor on Fifth Avenue helped define Christmas in New York. It was the city's first department store to turn its big...

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Lump of coal? Taxes more likely for online gifts this season
News 3 months ago
Lump of coal? Taxes more likely for online gifts this season

Shoppers heading online to purchase holiday gifts will find they're being charged sales tax at some websites where they weren't before. The reason:...

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US mortgage rates fall: 30-year at 4.81 percent
News 3 months ago
US mortgage rates fall: 30-year at 4.81 percent

U. S. long-term mortgage rates recorded the biggest drop in nearly four years this week, but remain much higher than they were a year ago. Mortgage...

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Ikea to cut 7,500 jobs as customer behavior changes
News 3 months ago
Ikea to cut 7,500 jobs as customer behavior changes

Swedish home furnishings giant Ikea says it is cutting 7,500 jobs worldwide, partly as a result of a new strategy to open shops in city centers to...

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Former Toys R Us workers to get $20M in hardship fund
News 3 months ago
Former Toys R Us workers to get $20M in hardship fund

Two private equity owners of the iconic Toys R Us toy chain will be handing over a $20 million hardship fund to the thousands of former workers...

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US stocks negative for year as tech, retail weigh
News 3 months ago
US stocks negative for year as tech, retail weigh

U. S. stocks plunged Tuesday, with the Dow Jones Industrial Average dropping more than 500 points as big retailers, the tech sector and some...

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Shoppers spend freely heading into the holidays
News 3 months ago
Shoppers spend freely heading into the holidays

Shoppers are spending freely heading into the holidays, but heavy investments and incentives like free shipping by retailers are giving Wall Street...

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Even small companies may be able to cut Amazon-like deals
News 3 months ago
Even small companies may be able to cut Amazon-like deals

A company doesn't need to be as big as Amazon to get a good deal on real estate. Whether a small business wants to buy or rent, it may have...

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Earnings, turkey and retail highlight the week ahead
News 3 months ago
Earnings, turkey and retail highlight the week ahead

It will be a holiday shortened trading week with retail squarely in focus. Retail stocks reporting earnings will be combined with Black Friday...

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Time to get a watch? What to know about buying preowned
News 3 months ago
Time to get a watch? What to know about buying preowned

Luxury watches have long been a symbol of the wealthy. That's changing thanks to a booming trade in preowned luxury watches, driven by a growing...

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Clothing retailer J.Crew's chief executive stepping down
News 3 months ago
Clothing retailer J.Crew's chief executive stepping down

The chief executive of J. Crew Group Inc. is stepping down. The clothing retailer says in an announcement that the departure of James Brett, a...

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Amazon's 'National Landing' leads to confusion and jokes
News 3 months ago
Amazon's 'National Landing' leads to confusion and jokes

Place names in Arlington County have never been a simple matter. A major fight broke out when National Airport was named for Ronald Reagan in 1998....

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1st pot shops in eastern US get OK to open in Massachusetts
News 3 months ago
1st pot shops in eastern US get OK to open in Massachusetts

Two marijuana stores in Massachusetts were given the green light Friday to begin selling to recreational customers next week, making them the first...

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Groups protest plans for possible lease sale in Beaufort
News 3 months ago
Groups protest plans for possible lease sale in Beaufort

Federal regulators are preparing an environmental review for a possible offshore lease sale in Alaska's Beaufort Sea and environmental groups are...

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Beloved toy store FAO Schwarz makes its comeback
News 3 months ago
Beloved toy store FAO Schwarz makes its comeback

In this Tuesday, Nov. 13, 2018 photo, Steiff teddy bears are on display during a media preview of the new FAO Schwarz store at Rockefeller Center...

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AP Exclusive: Walmart US CEO talks technology, workers
News 3 months ago
AP Exclusive: Walmart US CEO talks technology, workers

When Walmart's Greg Foran took over as CEO of the discounter's U. S. division four years ago, he found messy stores with lots of items that were...

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JC Penney withdraws profit guidance, cuts sales outlook
News 3 months ago
JC Penney withdraws profit guidance, cuts sales outlook

Shares of J. C. Penney plunged before the opening bell after the company withdrew profit guidance and lowered its sales expectations for the year....

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Nordstrom's guidance undercuts Q3 numbers, stock slides
News 3 months ago
Nordstrom's guidance undercuts Q3 numbers, stock slides

Shares of Nordstrom Inc. slid in after-hours trading Thursday after the department store retailer issued weak guidance for the full year. The...

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