retail

It was a rocky week for stocks, with the Dow Jones Industrial Average being the only of the big three indexes (^DJI,^GSPC, ^IXIC) to post a weekly gain. But retail investors have seemingly shrugged it off, Investopedia Editor-in-Chief…

Stop & Shop will close 32 “underperforming” supermarkets, including four on Long Island, by early November, but the grocer says no workers will be laid off.  The closing Long Island locations are in Greenvale, at 130 Wheatley Plaza;…

At Columbus Circle, only one of the 40 shops that opened in its underground market eight years ago is still open today. At Fulton Center, the decade-old mall in a Lower Manhattan subway station is nearly vacant. In Midtown, empty…

SEATTLE — Bruce Nordstrom, a retail executive who helped expand his family's Pacific Northwest department store chain into an upscale national brand, has died.Seattle-based Nordstrom Inc. said its former chairman died at his home on…

Part of retail has been sheltered from ecommerce, but changes are underway. By Wolf Richter for WOLF STREET. Ecommerce sales in Q1 jumped by 8.6% year-over-year, to a record $289 billion seasonally adjusted. The rest of retail…

Christian Chensvold, Associate Editor | Monday, October 23, 2023 In 2009, Audrey McLoghlin first sourced responsibly crafted Italian menswear fabrics with the idea of reinventing the…

Ether (ETH) experienced a surprising 8% rally on Nov. 9, breaking the $2,000 barrier and achieving its highest price level in six months. This surge, triggered by news of BlackRock registering the iShares Ethereum Trust in Delaware,…

Image Courtesy: https://m.limburger.nlBelgian group Alain Broekaert (GAB) is seeking to initiate receivership proceedings for the French subsidiary of Dutch fashion…

Hi, MarketWatchers. Don’t miss these top stories.‘Makes their blood boil’: Democrats criticize billion-dollar companies for paying low tax rates More than 100 U.S. companies are paying an average effective tax rate…

In the last few weeks, top policymakers have announced more support for the economy, primarily struggling local governments.The International Monetary Fund last week cited Beijing's policy announcements as a reason to raise its China…