A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of delivery expenses on its accounting …
Technology stocks stood tall in the first week of December trading, helping the S & P 500 and Nasdaq Composite finish Friday’s session at record closing highs. The tech-heavy Nasdaq lead the way with a 3.3% gain for the week. The S & P 500 closed nearly 1% higher. Both …
Say hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for apartments, ushering in an era where living at the mall could soon become a new norm. Some U.S. developers are knocking down department stores …
A Target store stands in Manhattan, New York City, on March 5, 2024. Spencer Platt | Getty Images As shoppers search for deals this holiday season in an environment where less in price is more for many consumers, more Americans may find the square footage they visit in retail matching …
Tommy | Digitalvision Vectors | Getty Images Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the months before the Federal Reserve began cutting rates, as the companies looked to pad profits during a stretch of sluggish …
An employee arranges Nike basketball shoes on display at the House Of Hoops by Foot Locker retail store at the Beverly Center in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to …
Pedestrians walk past a Coach store and a Michael Kors store. Scott Olson | Getty Images Just a few miles from the birthplace of Coach in New York City, a federal judge will soon decide whether its owner Tapestry can become a bag behemoth — in a decision that will …
When viewers tune in to the 2024 MTV VMAs on Wednesday night, they’ll be able to shop the outfits and designer looks they’re seeing in real time, as legacy media companies look for new ways to monetize content. As part of a new partnership between Paramount Global — the parent company …
A customer enters a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin Sullivan | Getty Images Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of …
Kohl’s plans to have 200 Babies R Us shops in its stores by the end of September. The retailer will sell a wide variety of baby gear, including strollers, car seats and cribs. Courtesy: Kohl’s WOODLAND PARK, N.J. — Kohl’s is thinking small to rev up its sales. The retailer …
