Nike reached an agreement to sell a limited number of items directly on Amazon, executives said Thursday, in a sign of the growing importance of the e-commerce platform. Nike executives described the...
US retail sales rose by 4.5% in April compared with the same month last year, but department store chains continue to struggle. JC Penney said like-for-like sales fell by 3.5% in its first quarter,...
This week it was Bebe. Last month it was Staples. In February it was JCPenney. Stores are closing at an epic pace. In fact, the retail industry could suffer far more store closures this year than...
Ralph Lauren Corp. plans to shut its flagship Polo store on New York's Fifth Avenue and cut some staff as it shifts more resources to e-commerce, the American fashion label said Tuesday. The company...
Wall Street opened lower Friday, taking a break from the steady rally of the past three weeks, amid a generally cautious move in global markets. Twenty minutes into trading, the Dow Jones Industrial...
1. Walmart earnings: On Tuesday, Walmart (WMT) will release its fourth quarter earnings report. Walmart is on a tear lately, exceeding analysts' profit expectations over the past four consecutive...
U. S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of...