Retail

Sears on Thursday lodged a lawsuit against its former CEO, Eddie Lampert, and a string its high-profile past board members, including Treasury Secretary Steven Mnuchin, for allegedly stealing billions of dollars from the once storied retailer.

Ikea is looking to expand in the U.S. but not in the way you might suspect.

Teenagers on average are spending $2,600 annually on food and clothes, favoring retailers Lululemon, Ulta, Amazon and Vans, along with fast-food chains like Chick-fil-A and Chipotle, according to a new survey.

Adidas is teaming up with one of the biggest superstars in the world to help market its sneakers and sweatshirts: Beyonce.

As commerce moves more and more into the digital realm, major cities across the country are creating legislation that could prevent businesses from going cashless. Frank Holland reports.

New Jersey and Philadelphia recently signed into law bills that ban stores that do not accept cash, citing issues of discrimination.

New York tailors are racing to adapt to Wall Street’s shift to a more casual dress code. Some are making bespoke jeans and leather jackets – others are cutting costs by making more overseas. Robert Frank reports.

Blue jeans giant Levi Strauss & Co. began trading Thursday on the New York Stock Exchange at $22.22 a share, after having priced its initial public offering at $17 a share the night before.

Shipments from China are including an ever-increasing number of counterfeit items, according to Frank Russo, the port director for Customs and Border Protection at John F. Kennedy International Airport.

4,810 store closures have been announced by retailers so far this year, according to Coresight Research.

Courtney Reagan reports on Target’s strong quarterly earnings – and what those results say about the state of the retail industry.

Courtney Reagan reports on how technology will impact the retail industry in the coming years.

A recent wave of store closure announcements will hit shopping malls across the U.S.

Home Depot said Tuesday that the company is seeing slower growth in housing as concern about a cooling market grows

The broken shoe that sent Duke University star Zion Williamson limping home in the first minute of a game Wednesday will likely only have a limited impact on the stock, say investors.