A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker shares tumbled in premarket trading Friday after the retailer sai...
Tag: Shopping
Indonesian Tycoon Sukanto Tanoto’s Pacific Eagle Buys Prime Singapore Shopping Mall For $645 Million
Singapore skyline cityscape at night. getty Pacific Eagle Real Estate has agreed to buy the Tanglin Shopping Centre in Singapore’s Orchard Road shopping belt for S$868 million ($645 million) as the de...
Here’s why Macy’s isn’t splitting its online business from its stores
Macy’s isn’t breaking up after all. On Tuesday, the department store chain affirmed that it will forge ahead as one retailer, despite pressure from activist Jana Partners to split into two...
Macy’s (M) reports Q4 2021 earnings beat
People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City. Angela Weiss | AFP | Getty Images Macy’s on Tuesday reported fiscal fourth-quarter earnings and sale...
Liquidation services resell returned items, a $644 billion business
Inside Liquidity Services’ 130,000-square-foot warehouse in Garland, Texas, the aisles aren’t lined with typical merchandise. Instead, they’re stacked with returns from Amazon, Targe...
Shawn Johnson East, Gold Medalist And Mother Of Two, Partners With Buybuy BABY
Gold medalist, mother of two, and bestselling author Shawn Johnson East shared this year’s top … [+] trends in Baby Registry via Instagram Live on Thursday, January 20. buybuy Baby Between...
Activist Macellum seeks to take control of Kohl’s board, nominates 10 directors
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Activist group Macellum has amplified the pressure on Kohl’...
Peloton CEO’s first all-hands meeting cut short as ex-staff crash it
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton held a virtual all-hands meeting Wednesday that was ...
Columbia CEO Boyle says early holiday shopping helped boost Q4 profits
Columbia Sportswear’s strong fourth-quarter profitability was helped by consumers starting their holiday shopping earlier than years past, CEO Tim Boyle told CNBC’s Jim Cramer on Friday. S...
American Dream megamall nearly empties its reserves to make a bond payment
American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019. Then came the coronoavirus pandemic. Timothy A. C...
Kohl’s says takeover offers undervalue its business, initiates ‘poison pill’
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s said Friday it believes recent tak...
Walmart Wants to Be More Like Target (And to Stop Wasting Your Time)
Walmart (WMT) – Get Walmart Inc. Report operates nearly 5,000 stores across all 50 U.S. States. The chain has focused on being accessible and that has worked as over 90% of Americans live within...
Kansas Woman Allegedly Led All-Female ISIS Battalion And Planned To Attack College, Shopping Mall In The U.S.
Topline The FBI on Friday took custody of a former Kansas teacher named Allison Elizabeth Fluke-Ekren who federal prosecutors allege led an all-female military battalion under the control of the Islam...
Shopping, Selling And Shipping – Shopify Shares Vision Of Future Of E-Commerce
What lies ahead for the booming e-commerce industry in 2022? getty The rate and magnitude of the change seen in the e-commerce industry during the pandemic have been truly astounding. Retailers, and e...
A $500 Billion Market In 2022 As Amazon, Google, Facebook, TikTok Jump In?
Livestream shopping is projected to rake in a massive $480 billion in China this year, according to eMarketer, but only $11 billion in the United States, according to Foresight Research. That could ch...
Peloton CEO says company is taking ‘significant corrective actions’
John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in Ne...
Peloton is about to tack on hundreds of dollars in fees to its Bike and treadmill, citing inflation
Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Pel...
Inflation fuels holiday online sales to record $204 billion: Adobe
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Sega...
Retailers see staffing challenges as omicron rages, sales taking a hit
A “now hiring” sign is posted on an Urban Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Retail executives presenting at the virtual ICR Conference this we...
Lululemon says sees fourth-quarter earnings, sales hurt due to omicron
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon shares fell in premarke...
Retailers’ Next Headache? Odds Favor A Post-Holiday Recession
Big sale tag announcement at clothes shop. getty Just when things were looking up — consumer spending so far this season has been strong, profit margins are widening, COVID rates seemed to be declinin...
A map of where the stores are
Macy’s has released a list of the handful of department stores that it plans to close this year. It includes six full-line department stores, a Bloomingdale’s outlet store, and a Macy̵...
Bed Bath & Beyond (BBBY) reports Q3 2021 earnings miss
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond shares tumbled nearly 10% in pr...
Omicron variant likely to fuel inflation, as Americans keep shopping, economist says
damircudic | E+ | Getty Images The spread of the highly infectious omicron variant is likely to fuel more inflation, as Americans keep shopping instead of spending more outside of the home, according ...