retail
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Business
Walmart founder’s daughter Alice Walton takes titles of world’s richest woman over L’Oreal cosmetics heiress
The daughter of Walmart founder Sam Walton has assumed the title of world’s richest woman — taking the top spot…
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Business
Target sales bounced back after closing crime-prone stores
Target’s sales and customer traffic bounced back this week after it closed crime-afflicted stores – suggesting more retailers may begin…
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Business
Target sales surge as customers flock to low-cost retailers
Target’s earnings and revenue beat Wall Street’s forecasts in the latest sign that shoppers are flocking to discount chains as…
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Business
California Gov. Gavin Newsom signs retail crime bills in scramble to tackle rampant shoplifting
California Gov. Gavin Newsom signed 10 bills into law on Friday to combat retail theft in a last-minute scramble to…
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Business
Saks Fifth Avenue owner developing luxury hotel, apartments in former department stores
Saks Fifth Avenue is contemplating extending its brand to hotels and luxury apartments as it looks beyond a bleak retail…
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Business
Whole Foods to beef up NYC footprint with new outpost in East Village
Whole Foods signed a lease for a new store in the East Village in a space that has been empty…
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Business
Deckers shares soar after profit forecast hike on strong Hoka, UGG sales
Deckers Outdoor shares jumped as much as 17% on Friday, after multiple brokerages raised their price targets following the company’s bet on…
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Business
Tampon, pad prices nearly double over last 5 years due to inflation
The prices of sanitary pads and tampons in the US have soared because of inflation, leaving many cash-strapped women with…
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Business
Michelle Mack gets 5 years for $8M organized retail theft ring
The mastermind of an organized retail theft ring, dubbed the “California Girls,” that targeted high-end makeup firms Ulta Beauty and…
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