About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
- Asia markets trade mixed as the US dollar treads near lowest levels in more than a year
- A giant state-owned Chinese firm is attracting the attention of big investors
- Op-Ed: Don't believe the doomsayers, S&P trend strength continues
- Live blog: Energy markets focus on Russia as oil producers gather for meeting
- IMF: The rest of the world is picking up the economic slack as US looks weaker
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The department store operator’s net loss widened to $180 million, more than doubling, in the first quarter.
Macy’s shares huge premarket drop has taken the stock below $26 for the first time more in than 5½ years.
This news comes at a time when e-commerce giant Amazon has been investing more in its AmazonFresh business.
Amazon and Wal-Mart are in the middle of a heated battle to woo customers over online with free-shipping deals.
Handbag maker Coach said it would buy smaller rival Kate Spade & Co. for $2.4 billion.
The company expects to shutter all of its stores by the end of May, according to an SEC filing out Friday.
Department store closures are giving the country’s top mall owners an opportunity to reinvent their properties.
Wal-Mart will give customers a discount on 10,000 online-only items if they pick them up in store.
Real estate experts predict pressure will remain on Fifth Avenue for several more quarters.
Coach has promoted Ian Bickley to president of global business development and strategic alliances.
The next phase of Ralph Lauren’s reinvention won’t involve its Fifth Avenue Polo store.
Another Wall Street analyst is losing confidence in the once high-flying parent of Victoria’s Secret.
If you thought the fourth quarter was tough on retailers, brace yourself for an even more dismal first-quarter report card.
Amazon’s appetite for upending the grocery market appears to be getting larger.
Amazon is testing a service for Prime members that provides free pickup of fresh grocery items in as quickly as 15 minutes.