CNN — The US government and 17 states are suing Amazon in a landmark monopoly case reflecting years of allegations that the
Tag: retail and wholesale trade
Consumers are still spending on nice things, if they’re on trend
New York CNN — American consumers aren’t tired of shopping. They’re shopping more prudently, with an eye on getting the best value,
Christmas is on hold: Stores’ holiday hiring plans are the lowest since 2008
New York CNN — Santa may be a little short on helpers this Christmas. America’s retailers are expected to add just 410,000
Furniture companies in a rut as fewer people buy big-ticket items
CNN — People aren’t buying furniture like they used to. Last week, a pair of furniture retailers said they are experiencing a
In Lululemon and Dollar General earnings, signs of a possible economic split
CNN — It’s a tale of two retailers. One reported strong sales on Thursday, while the other warned it may experience a
Pentagon launches ‘one-stop shop’ website for UFO information and reporting
CNN — The US Department of Defense has launched a website intended to be a “one-stop shop” for publicly available information on
Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft
New York CNN — Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds including weaker consumer
The US mall is making a comeback as retailers leverage digital marketing
New York CNN — Retail experts have long sounded the alarm on malls in the US. But malls are not going extinct,
Flash mob robbery at Nordstrom in Los Angeles’ Topanga Shopping Center results in $300k in stolen merchandise
CNN — A “mob of criminals” stole more than $300,000 worth of merchandise from the Westfield Topanga Shopping Center in Los Angeles
Wilko: UK discount retail chain collapses putting 12,000 jobs at risk
British discount retailer Wilko said it has fallen into administration on Thursday, a form of creditor protection that puts its 12,000 jobs
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