Retail - Page 2

Amazon.com has announced that it is searching for 50,000 new employees and that is just the beginning.

GameStop is reportedly closing at least 150 stores, or about 3 percent of its locations, in response to a growing consumer preference for digital storefronts.

TEL AVIV – Israel’s Holocaust memorial Yad Vashem has called on Amazon to stop selling Holocaust denial books, charging the retail giant of promoting anti-Semitism and hate speech.

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 Tuesday to introduce corporate governance rules for large privately-owned companies, following the widely-criticised collapse of retailer BHS.

J.C. Penney reported a surprise drop in its first-quarter sales, joining a slew of others who muddled through a miserable spring. But investors were forgiving.

Outdoor apparel giant Sports Authority has filed for Chapter 11 bankruptcy protection and the retail chain could close all or most of its 450 stores nationwide as it struggles to pay off a reported $1 billion debt.

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.

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’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.

After a video revealed a Zara employee in Paris denying entry to a woman wearing a hijab, the clothing store issued an apology.

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.

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.

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.

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.

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.

On Monday, Saudi Arabia’s stock markets, the biggest in the Middle East, were open to foreign investors for the first time in history.

If you think shopping to a soundtrack of Celine Dion is trying, then imagine being exposed to her brand of adult contemporary music, day in and day out.

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.