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Macy's Store Closures Could Help This Rival

Macy's plans to close many of its lower-productivity stores over the next two years. However, one department store chain is perfectly happy to operate low-volume stores in small and midsize markets.

Macy’s Store Closings 2021: More Locations To Shutter As Retailer Whittles Down Footprint

Macy's will close 45 locations by the middle of 2021 as part of a three-year retail slim down plan.

Did Americans Go Christmas Shopping? A Look At US Retail Sales For COVID Economy

November's decline in US retail sales could be reversed as the holiday shopping seasons gets underway, but analysts fear it indicates a weakening in GDP as 2020 ends

COVID-19 might have changed the way people shop in 2020, but e-commerce sales soared.

Christmas Eve 2020 Store Hours: What Time Does Walmart, Target, Best Buy Close?

Major retailers across the U.S. have announced their store hours on Dec. 24 for this year's Christmas Eve shopping.

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Russia’s Online Retailer Ozon Goes Public On Nasdaq, Stocks Surge More than 40% On First Day

Ozon raised nearly $990 million through its IPO and is now valued upwards of $6 billion.

US motor vehicle sales in October saw a small increase as consumers continued to spend on cars to reduce their exposure to Covid-19

Amid Pandemic, Big US Retailers Cash In As Small Business Suffers

Amid pandemic, big US retailers cash in as small business suffers

Walmart ended an experiment to have robots scan and maintain inventory in US stores

Walmart Is Almost Out Of Japan’s Retail Market Threatened By Tough Competition

Walmart is selling its majority stake in the local retail chain Seiyu, its latest exit after it pulled out of Britain and Argentina.

President Xi Jinping's carbon promise came as a surprise as China has relied heavily on coal to spur its economic emergence

Trouble For Big Tech: China Unveils New Regulations To Curb Antitrust Practices

Beijing's crackdown on dominant internet companies in China, including Alibaba and Tencent, has shocked investors and prompted a selloff of Chinese equities in the last week.

A blue robot moves between aisles at the Wuxi warehouse of Cainiao Smart Logistics Network, an affiliate of e-commerce giant Alibaba, ahead of Singles Day

China's Shoppers Splash The Cash In World's Biggest Spending Spree

Leading China retailers such as Alibaba, JD.com, and Pinduoduo compete aggressively for Single's Day, which far outstrips the pre-Christmas "Black Friday" promotion in the United States.

Target Store Georgia and Eastern - Washington, DC

Target Boot Recall 2020: How To Get A Refund On Kids’ Shoes

Target has issued a recall on children’s boots which pose a choking hazard.

A day after announcing a plan to keep guns away from shopping areas, Walmart said Friday it would leave the items on store floors

Walmart’s Robotic Sidekicks Get The Boot, Partner Bossa Nova Takes A Hit

After testing Bossa Nova robots for five years to track inventory, Walmart has ended the partnership.

Ant Group company runs Alipay, the dominant online payment system in China, where cash, cheques and credit cards have long been eclipsed by e-payment devices and apps

Ant Group IPO attracts $2.8 Trillion From Investors in Shanghai

Alibaba-backed Ant Group is set to start trading on November 5 through one of the most anticipated IPOs ever.

Why Gap Inc. Is Considering Closing Stores In The UK, France, Ireland, Italy

Gap Inc. reported an 18% year-over-year net sales decline, driven by COVID-19-related store closures in the second quarter of 2020.

Target Thanks Workforce Amid Pandemic With $200 Bonuses

Target, which already boosted its minimum wage, says thanks to employees during a year of pandemic uncertainty with a $200 bonus.

While US retail sales were above expectations, many sectors were still underwater compared to the same month last year due to the coronavirus downturn

US Consumers Keep Spending In September, Retail Sales Above Consensus

US consumers keep spending in September, retail sales above consensus

Tech firms tracked another record on the Nasdaq, boosted by people staying at home or working from home during the coronavirus pandemic

Workers Trading in Suits for Sweats, Industry Trends Show

A shift in what we wear to work leaves fate of business attire in doubt.

Best Tech Deals 2020: What To Buy From Amazon, Walmart, And Target This Week

Amazon, Walmart, and Target are holding big sales this week. Here's what you should be on the lookout for.

Amazon CEO Jeff Bezos with Amit Agarwal, senior vice president and country manager for India

Retail Wars: Amazon Sends Legal Notice To Indian Partner As It Seeks To Meet Challenge From Reliance Retail

Amazon leveraged the stores network of Kishore Biyani's Future Group in India, which now has a deal with the U.S. retailer's emerging rival in the market— Mukesh Ambani's Reliance Retail.

In a world of retail clicks and mortar -- a physical presence still counts, not least for tourists wanting to show off their purchases in the real world

Retail Jobs Booming: Dollar Tree To Hire 25,000; Other Companies Hiring For Holiday Season

Retail giants are planning to hire seasonal workers to meet the growing demand for online orders and delivery amid the coronavirus pandemic.

Retail Bankruptcies Could Hit Record Highs In 2020: What Does It Mean For Consumers?

Research indicates that as many as 25,000 stores could close in 2020 in the U.S. alone.

Amazon has announced the date of its delayed global mega sale, Prime Day

Amazon Sets October 13-14 For 'Prime Day' Global Mega-sale

Amazon sets October 13-14 for 'Prime Day' global mega-sale

CDC Releases Black Friday Shopping Guidelines: What You Need To Know

Some retailers are offering deals in October to help ease crowds during Black Friday.

Consumers have been spending more of their money, and time, working on their homes and gardens during he coronavirus pandemic

DIY A Bright Spot For Consumer Spending

Many retailers have been caught off-guard by coronavirus restrictions and shifting consumer habits, but DIY stores are enjoying a boom as people spend money on their homes and gardens.

Wall Street plunged in futures trading, with the Dow Jones Industrial Average "mini" index losing more than 1,000 points or 4.5 percent, and the S&P 500 and Nasdaq posting similar declines

Corporate Earnings Beat Analysts’ Lowered Expectations, But Sales Growth Stalled

Many U.S. companies have surpassed earning expectations but primarily because estimates were too low

British supermarket chain Tesco has more than doubled its online capacity since the coronavirus epidemic hit the UK

Tesco Unveils 16,000 Jobs As Online Food Sales Surge

Tesco unveils 16,000 jobs as online food sales surge

Target, Walmart, Home Depot, Lowe’s Break Earnings Records During The Pandemic

Consumer spending during the coronavirus pandemic helped Target, Walmart, Home Depot, and Lowe's achieve record earnings.

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