Decades of overbuilding have saddled property markets with too many malls even as online shopping and changing consumer preferences are reshaping the retail sector. Now landlords, tenants and investors are looking to the courts for relief.
Web-driven comparison shoppers are keeping a lid on inflation and weakening retailers’ pricing power, complicating the Federal Reserve’s deliberations on how much and how fast to raise interest rates.
Department stores and other retailers have a gift or two for discount-weary holiday shoppers: they have been scaling back overlapping promotions and making price reductions easier for customers to understand.
Logistics companies went on a hiring spree in November to handle the holiday surge in online shopping, adding thousands of jobs picking items off shelves in warehouses and delivering packages to customers’ homes.
Wal-Mart Stores Inc.’s Sam’s Club warehouse stores are a hit with mothers in China seeking high-quality imported products—even as the chain has struggled in the U.S. to shed a budget-minded image.
Developers in competitive city markets are building in marginal neighborhoods and pitching their projects as the next big thing.
Wal-Mart Stores will shorten its legal name to Walmart, highlighting the company’s shift from traditional stores toward competing online with Amazon.
Mall owner Simon Property Group won an unusual victory over Starbucks after an Indiana judge ordered the coffee giant to keep open Teavana stores in 77 of Simon’s shopping centers, striking a blow to underperforming tenants hoping to wiggle out of their leases in a retail storm.
While other retailers focus on cities, the thriving discount chain is building thousands of small-town stores aimed at lower-income shoppers. “The economy is continuing to create more of our core customer.”
Toys “R” Us Inc. has begun the process of seeking creditor support to restructure its U.K. arm.
Just a few years ago, landlords likely would have turned away retailers looking for shorter leases in favor of tenants willing to hunker down for a decade or longer. But times are changing, and short-term tenants are becoming more common even in New York’s swankiest retail corridors.
As businesses accepting bitcoin payments find few takers, the virtual currency is a long way from its traditional counterparts.
That may have to do with the fact that investors are overwhelmingly men.
Consumers love to grumble when Christmas merchandise appears before Thanksgiving. But a survey shows that by October, around 40% of them have actually begun shopping for the holidays.
The current bout of more synchronized growth around the world offers economists more reasons to be cheerful. But they find their habitual pessimism is hard to shake.
Congress’s attempt to make the most significant tax-code changes since 1986 has split the business community. Here’s a look at how 19 different industries have responded.
The retailer’s finance chief said a reduced footprint and specialized stores selling mattresses, appliances and car services will help the struggling retailer get back on track after years of sales declines at its namesake department stores.
Long a staple, credit cards offered by giant retailers like Sears and Macy’s are losing out as retailers shut locations and consumers flock to shopping at online rivals like Amazon.
Those hunting for deals this season will need to scour social media, sign up for promotions and figure out timing and location of the best deals
Projections for retail and cloud businesses are growing as Amazon’s already-rich valuation gets another boost.