In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions ...
Globally, online shopping is projected to continue its strong upward trend. A lack of physical constraints has enabled ...
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the ...
The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its ...
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a ...
Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s ...
Thursday’s action at various Teamsters locals comes days after the release of a Senate report critical of working conditions ...
The move comes as the company lays off over 500 employees at its corporate headquarters. Big Lots will start going out of ...
Some companies are coming off a tough quarter, while others switched leadership or are dealing with changing consumer ...
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...
“Thousands of Amazon workers around the country have courageously united to take on one of the world’s most abusive employers ...