Taking a page from Walmart and Amazon, Target will offer a wider array of items online from third party sellers but they’ll be invite only
Author: Charisse Jones, USA TODAY
Macy’s to cut jobs, double down on beauty and jewelry after disappointing holiday season
Macy’s will be cutting roughly 100 top jobs, and doubling down on its most popular merchandise, to boost profits after a disappointing holiday season.
Cannabis may be coming to a mall near you: rolling papers and CBD products go upscale
Cannabis is going upscale. The plant, whichincludes hemp as well as marijuana, is showing up in products sold at the mall, and a Wall Street fund
Walmart’s grocery delivery pays off in fight with Amazon as online sales soar
Shoppers increasingly buying bread, milk and other groceries online, helped boost Walmart’s e-commerce sales 43 percent in the last quarter
Charlotte Russe may go the way of Toys R Us in March if it can’t find buyer
Charlotte Russe, the bankrupt clothing chain, says it will start shutting down operations around March 7 if a buyer doesn’t emerge with a winning bid.
For retailers who say “no cash,” Philadelphia says no dice: bill bans cards only
Philadelphia’s city council voted to require most local businesses to accept cash as payment, pushing back on a growing trend that asks for cards only
Sears survived, but remaining stores may be smaller and fewer, new owner says in interview
Eddie Lampert, who succeeded in buying Sears says that the new company will continue to shrink in the number of stores it operates and their size.
REI CEO steps down following revelation of outside personal relationship
The CEO of outdoor gear retailer REI is stepping down in the wake of an inquiry into a relationship that appeared to be a conflict of interest.
Sears’ controversial ex-chairman closes deal to buy the company, keeping 425 stores open
Sears’ controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. 425 Sears and Kmart stores will remain open.
Sears will be back in court as fight over whether to sell to its former CEO rages on
A bid for Sears, that has pittedthe company’s controversial former CEO against its creditors and employees, headed back to court Wednesday.