Toys R Us and Bon-Ton may be gone, though they haven’t been forgotten. Companies such as Target and online mattress company Casper are creating playbooks to pick up market share that those and other defunct or dying retailers left behind. ...
Read More »Target’s investments in the future hits margins
Target’s ramped up investments online and in stores are bringing in shoppers, although they’re bruising the bottom line right now. Company shares tumbled 10 percent before the opening bell Tuesday after Target missed profit expectations for the third quarter, the ...
Read More »Sears’ bankruptcy will have ripple effect, not all of it bad
Sears’ Chapter 11 bankruptcy filing will have ripple effects on everything from landlords to suppliers to workers. Many vendors, which had already enforced stricter payment terms on Sears, are refusing to ship merchandise to stores. The company will further shrink ...
Read More »Sears files for Chapter 11 amid plunging sales, massive debt
Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or ...
Read More »Retailers step up personalization on their websites
Shoppers will see more personalization based on where they are and what they’ve bought before on the Walmart website, as the retailer and several other stores try to build stronger connections with shoppers used to the customization of Amazon. Walmart ...
Read More »Amazon offers Prime discount to those on government benefits
Amazon is making a play for low-income shoppers. The online leader is offering a discount on its pay-by-month Prime membership for people who receive government assistance. The move, announced Tuesday, is seen by some analysts as an attempt to go ...
Read More »Nearly 40 percent of Wal-Mart’s U.S. workers to get pay raises
Wal-Mart Stores Inc. is spending $1 billion to make changes to how it pays and trains U.S. hourly workers as the embattled retailer tries to reshape the image that its stores offer dead-end jobs.
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