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CoStar Group has calculated already more than 90 million square feet of retail space (including Bon-Ton) is set to close this year.
Amazon CEO Jeff Bezos has published his latest annual shareholder letter.
American consumers have been paying for tariffs on clothing and shoes since the 1930 Smoot-Hawley Tariff Act.
The President has criticized Amazon, claiming it rips off the post office by shipping packages below cost. Morgan Brennan takes a look at whether Amazon is actually getting a great deal.
Ylan Mui reports on why Amazon is not just in the president’s crosshairs, but on both sides of the aisle in Washington D.C.
Walmart is exploring an acquisition of Pillpack, which manages prescription medications by packaging, organizing and delivering the meds. It has raised more than
Walmart has begun to take a stance in certain social issues such as religious freedom laws, raising the minimum wage, and raising the minimum age for gun purchases which has shifted Democrat’s perception of the retailer from negative to positive.
Nike reported stronger than expected earnings after the bell, as the footwear maker said strength in its international markets helped results.
The clock is ticking.
A second Nike executive is leaving the the company in the wake of complaints about inappropriate behavior at the sneaker giant.
Toys R Us missed a payment to some of its vendors this week, sources familiar with the situation told CNBC.
Many of the brands that sell into Whole Foods have been frustrated by its recent changes.
J.C. Penney on Friday reported revenue and same-store sales for the holiday quarter that fell short of analysts’ expectations. The company saw less promotional activity during the quarter as it shrunk its inventory, but greater online sales hampered profit margins. Penney also announced a management shakeup and said it is cutting 360 positions, including at its corporate …
REI and L.L. Bean are the latest retailers to come out with a stance in the ongoing gun debate, joining Kroger, Walmart and Dick’s Sporting Goods following the Florida high school massacre. Late Thursday, L.L. Bean tweeted that it will no longer sell guns or ammunition to anyone below age 21. The privately held company sells firearms only at its …
Barnes & Noble has started trimming its staff, citing weak holiday sales.