Tag: Retail

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, …

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.

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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.

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

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.

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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.

Lynne Sladky/AP

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.

Roseanne Barr (Evan Agostini / Invision / 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.

AP Photo

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.

AP Photo/John Bazemore

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.

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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.

AP Photo/Keith Srakocic

Macy’s Closing Down Landmark Downtown Pittsburgh Location

Macy’s Department stores is closing down its iconic downtown Pittsburgh location after selling off the building that, for over 100 years, served as the flagship store for the now defunct Kaufmann’s chain.

Lynne Sladky/AP

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.

AP Photo/Matt Sayles

Frederick’s of Hollywood Lingerie Chain Files for Bankruptcy

Racy lingerie retailer Frederick’s of Hollywood is seeking bankruptcy protection in federal court after closing all of its stores and switching to an online-only business, which it intends to sell to the highest bidder.