retail
-
Business
Experts warn of empty shelves, rising prices if port workers strike
Dockworkers along the East and Gulf coasts have pledged to strike unless a new contract is reached by October, prompting experts…
Read More » -
Business
Two new tenants at famed NYC towers bolster luxury retail market
Two momentous new leases have been signed at premier Midtown locations, giving a boost to the entire Manhattan luxury retail…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Business
Cracker Barrel CEO reveals turnaround plan — after admitting chain ‘not as relevant’
Cracker Barrel CEO Julie Felss Masino rolled out a new three-year plan to revive the struggling Southern-themed chain after she…
Read More » -
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…
Read More »