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Lauren Thomas’s Posts
The value of returned online orders this holiday season are forecast to total as much as $41.6 billion.
Shoppers will spend lots of money this holiday season, but are retailers giving them something to spend on? That’s the million-dollar question.
As online shopping becomes more popular over the Thanksgiving weekend, some retailers experienced outages amid the surge in traffic.
While the holiday season can be a relaxing time of year for many people, it’s not if you’re a struggling retailer.
Hoping to bring back feelings of childhood nostalgia this holiday season? If you’re lucky enough to be near one of two cities, you’ll have the chance to go to a Toys R Us store again.
Macy’s said its stores at weaker U.S. shopping malls were hurt by slower foot traffic during the latest quarter, leading to a steeper-than-expected sales decline.
Target earnings and sales trounced analysts’ estimates, marking a bright spot in retail after weak reports from department store chains J.C. Penney and Kohl’s.
Walmart just proved it’s a grocery powerhouse. And it still has plenty of room to run.
The big-box retailer’s strong food business has been a key factor to recent sales gains, and this latest quarter, reported Thursday, was no different.
Nike will stop selling merchandise directly to Amazon, as part of its push to sell more directly to consumers, the company confirmed to CNBC.
Gap Inc.’s plans to spin off its once-star Old Navy brand are being called into question with the ouster of CEO Art Peck.
Alibaba’s annual e-commerce extravaganza is about to begin.
And as the Chinese retail giant has courted more brands to participate, retailers around the world are bracing for the biggest shopping event of the year.
UBS says apparel spending continues to move online, away from bricks-and-mortar stores, with about 25% of total apparel sales in the U.S. taking place on the internet.
Under Armour on Monday reported quarterly earnings and sales that topped analysts’ estimates, but the company trimmed its revenue outlook for the full year, citing “traffic challenges.”
The CEO of the biggest mall owner in the U.S., Simon Property Group, says the retail industry looks to be “reaching the bottom” of a tumultuous wave of bankruptcies.
Nordstrom is solidifying its presence in New York, which it says is already its largest market for online sales.