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Macy's To Fire 2,350 Employees, Close 5 Stores: Report
Macy's has not said anything officially, but is expected to provide a response in coming weeks.
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Japan Store "Deeply" Sorry Over Complaints Of Over 800 Collapsed Christmas Cakes
In prim and proper Japan, all it took to prompt a prestigious department store chain into an earnest, public apology in the aftermath of Christmas were complaints over mangled $40 cakes.
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Tamil Nadu Store Underreported 1,000 Crore Sales In Evasion Bid: Tax Body
A popular store chain in Tamil Nadu underreported sales worth more than 1,000 crore in order to evade tax, the Income Tax department said today.
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Walmart Partners With DroneUp to Start Drone Deliveries in Arkansas
Walmart has been taking steps to expand its drone delivery options. The department store chain has decided to expand this facility for customers living in Farmington, Arkansas, US. Customers within a one-mile radius of the Walmart store can order small items such as tuna caps, baby supplies, and paper utensils.
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UK Retailer Debenhams Shuts All Stores, Around 12,000 Jobs Lost
UK department store chain Debenhams is to shut all its outlets, administrators for the collapsed group said Monday, with the loss of around 12,000 jobs.
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160-Year-Old Chain Macy's Turn To Yoga As Malls Lose To Online Stores
Macy's, the 160-year-old mall standby, is looking for a new audience - and thinks it has found it in a Manhattan concept store. The department store chain on Wednesday said it purchased Story, a small "experiential retail" shop in New York that offers yoga classes, cooking workshops and a lineup of quirky merchandise that changes every few weeks. T...
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Macy's Is Closing 68 Stores, Cutting 10,000 Jobs: Report
The news caused its stock to plunge nearly 10 per cent during after-hours trading Wednesday.
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Whole Foods Declines on Hepatitis Investigation in Detroit
Whole Foods Market Inc. shares declined as much as 2.5 percent after the Detroit Health Department said its investigating two cases of hepatitis A that may be connected to one of the chains stores.
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British Retailer BHS Collapses With Loss Of Up To 11,000 Jobs
British department store chain BHS is to close with the loss of up to 11,000 jobs, administrators said on Thursday after failing to find a buyer.
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Middle East Department Store Chain Dumps Trump Products
US presidential candidate Donald Trump's anti-Muslim comments cost him business in the Middle East on Wednesday, with a major chain of department stores halting sales of his glitzy "Trump Home" line of lamps, mirrors and jewellery boxes.
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Wall Street Dragged Down by Retail, Tech Stocks
US stock indices fell sharply on Friday, weighed down by consumer retail and technology stocks after disappointing forecasts from Cisco and department store chains for the key holiday shopping season.
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Macy's to Set Up China Online Store on Alibaba's Tmall Global
The deal makes Macy's the first US department store chain to join Tmall Global.
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Mall Crisis: One in Six Stores Empty But Foreign Retailers Can't Find Space
A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop.
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Department Stores Fight Back From Online Challenge
Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping.
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India wants more information from Walmart over lobbying
A retired judge probing whether Walmart may have bribed Indian officials to gain easier market access said Wednesday he wants to ask the US supermarket giant more questions about its activities.
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Macy's To Fire 2,350 Employees, Close 5 Stores: Report
Macy's has not said anything officially, but is expected to provide a response in coming weeks.
-
Japan Store "Deeply" Sorry Over Complaints Of Over 800 Collapsed Christmas Cakes
In prim and proper Japan, all it took to prompt a prestigious department store chain into an earnest, public apology in the aftermath of Christmas were complaints over mangled $40 cakes.
-
Tamil Nadu Store Underreported 1,000 Crore Sales In Evasion Bid: Tax Body
A popular store chain in Tamil Nadu underreported sales worth more than 1,000 crore in order to evade tax, the Income Tax department said today.
-
Walmart Partners With DroneUp to Start Drone Deliveries in Arkansas
Walmart has been taking steps to expand its drone delivery options. The department store chain has decided to expand this facility for customers living in Farmington, Arkansas, US. Customers within a one-mile radius of the Walmart store can order small items such as tuna caps, baby supplies, and paper utensils.
-
UK Retailer Debenhams Shuts All Stores, Around 12,000 Jobs Lost
UK department store chain Debenhams is to shut all its outlets, administrators for the collapsed group said Monday, with the loss of around 12,000 jobs.
-
160-Year-Old Chain Macy's Turn To Yoga As Malls Lose To Online Stores
Macy's, the 160-year-old mall standby, is looking for a new audience - and thinks it has found it in a Manhattan concept store. The department store chain on Wednesday said it purchased Story, a small "experiential retail" shop in New York that offers yoga classes, cooking workshops and a lineup of quirky merchandise that changes every few weeks. T...
-
Macy's Is Closing 68 Stores, Cutting 10,000 Jobs: Report
The news caused its stock to plunge nearly 10 per cent during after-hours trading Wednesday.
-
Whole Foods Declines on Hepatitis Investigation in Detroit
Whole Foods Market Inc. shares declined as much as 2.5 percent after the Detroit Health Department said its investigating two cases of hepatitis A that may be connected to one of the chains stores.
-
British Retailer BHS Collapses With Loss Of Up To 11,000 Jobs
British department store chain BHS is to close with the loss of up to 11,000 jobs, administrators said on Thursday after failing to find a buyer.
-
Middle East Department Store Chain Dumps Trump Products
US presidential candidate Donald Trump's anti-Muslim comments cost him business in the Middle East on Wednesday, with a major chain of department stores halting sales of his glitzy "Trump Home" line of lamps, mirrors and jewellery boxes.
-
Wall Street Dragged Down by Retail, Tech Stocks
US stock indices fell sharply on Friday, weighed down by consumer retail and technology stocks after disappointing forecasts from Cisco and department store chains for the key holiday shopping season.
-
Macy's to Set Up China Online Store on Alibaba's Tmall Global
The deal makes Macy's the first US department store chain to join Tmall Global.
-
Mall Crisis: One in Six Stores Empty But Foreign Retailers Can't Find Space
A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop.
-
Department Stores Fight Back From Online Challenge
Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping.
-
India wants more information from Walmart over lobbying
A retired judge probing whether Walmart may have bribed Indian officials to gain easier market access said Wednesday he wants to ask the US supermarket giant more questions about its activities.
