Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
Category: Shopping and Retail
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New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
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He Was Supposed to Break Up Kraft and Heinz. He Changed His Mind.
Steve Cahillane, a food industry veteran, is trying to revive the company behind Kool-Aid, Oscar Mayer and many other brands.
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What to Know About Electric Cars When Gas Prices Are Surging
War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder
The interim chief executives are trying to rejuvenate sales as the founder, Chip Wilson, engages in a proxy battle for the boardroom.
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Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder
The interim chief executives are trying to rejuvenate sales as the founder, Chip Wilson, engages in a proxy battle for the boardroom.
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Lewis E. Lehrman, Store Chain Heir Who Ran for N.Y. Governor, Dies at 87
After helping his family’s Rite-Aid drugstore empire flourish, he waged a surprisingly close but losing race as a Reagan Republican against Mario Cuomo in 1982.
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Consumers Paid Tariffs on Overseas Items. Now They Want a Refund.
The Trump administration has yet to announce a process to return fees paid by companies and shoppers for tariffs now deemed illegal.
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After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores
Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy.
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Fred Segal Has a New Owner. This Time It’s Aritzia.
The storied Los Angeles retailer, once recognized as an arbiter of West Coast style, has been acquired by the mass-market brand Aritzia.