Retail

Toys ‘R’ Us to Reopen U.S. Stores

Toys “R” Us stores are coming back from the dead by the end of this year, as the retail chain plans to open a half-dozen stores in the U.S. and an e-commerce center.

LUTON, ENGLAND - SEPTEMBER 19: Customers walk towards a branch of the toy store Toys R Us on September 19, 2017 in Luton, England. The company has struggled to compete against online traders such as Amazon and has announced that it has filed for bankruptcy protection in the US and …

Report: Amazon Competitors Are Embracing the Company’s Platform

Amazon competitors are reportedly embracing the company’s online store as some of them close hundreds of brick and mortar shops, opting to sell their products directly through Amazon due to benefits such as the company’s delivery system.

Jeff Bezos of Amazon laughing

Israelis Averaged Two Online Orders Per Second Last Year

Israelis as a nation averaged two online orders per second during 2017, according to data from the Israel Postal Company, as they stepped up their online shopping habits in a bid to beat Israel’s high prices.

In this Dec. 2, 2013 file photo, Amazon.com employees organize outbound packages at an Amazon.com Fulfillment Center on "Cyber Monday" the busiest online shopping day of the holiday season, in Phoenix. Buying things online could soon get pricier for many people after the U.S. Supreme Court's decision Monday, Dec. 12, …

Walmart to Create 10,000 Retail Jobs, 24,000 Construction Jobs

Walmart announced Tuesday it would be creating 10,000 jobs in the United States this year, a number that’s on par with the amount of jobs the store has created in previous years, as President-elect Donald Trump puts pressure on companies to create more jobs in the U.S.

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UK Targets Private Firms With Corporate Governance Controls

LONDON (AFP) – The British government is set to unveil proposals on Tuesday to introduce corporate governance rules for large privately-owned companies, following the widely-criticised collapse of retailer BHS.

LONDON (AFP) - The British government is set to unveil proposals on …

UK Lawmakers Ask Philip Green To Testify In BHS Pensions Inquiry

LONDON (Reuters) – British lawmakers have asked retail billionaire Philip Green and his wife Tina to appear before them within the next few weeks to help with inquiries into the failure of department store chain BHS and its pension liabilities.

Philip Green BHS

Store Closures Surpassing Last Year

The retail sector is continuing to contract as the U.S. economy continues to struggle with anemic growth in the era of President Barack Obama, resulting in increased store closures.

Lynne Sladky/AP

Roseanne Barr Opens Pot Shop

“Roseanne’s Joint” — that’s the name of a new Santa Ana, California marijuana dispensary owned by ‘90s-era television star and comedian Roseanne Barr, set to open this spring.

Roseanne Barr (Evan Agostini / Invision / AP)

Fitbit and Jawbone at War in Market, Courts

With wearable fitness devices the fastest-growing sector of consumer electronics, Fitbit, Inc. (FIT-NYSE) and Jawbone are engaged in a life-or-death marketplace and legal war.

The Associated Press

Dunkin’ Donuts Announces Closure of 100 Stores

As the retail sector continues to contract despite claims that the economy is doing better, Dunkin’ Brands, the parent company of Dunkin’ Donuts and the Baskin-Robbins ice cream chain, have announced that, from now and into next year, the company will be closing at least 100 stores across the nation.

AP Photo/John Bazemore

Retailers Unveil New ‘Star Wars’ Toys for Force Friday

As fans of the Star Wars franchise eagerly await the December release of Star Wars The Force Awakens, Friday helped them manage their anticipation, with the release of new toys and other merchandise, in an intergalactic Black Friday of sorts.

Getty Images

Closings, Bankruptcies, Job Loss: Retail Sector Still Collapsing

Obama’s continued sluggish economy has been called a “jobless recovery,” an “illusory recovery,” sluggish, and slow. But even as most say a recovery is happening, it is still hard to tell from the retail sector, which continues to shrink. This month is no exception with many national chains announcing layoffs, cut backs, and closings.

Lynne Sladky/AP