Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.
Category: Shopping and Retail
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Retail Sales Surpass Expectations, Sign of Solid US Economy
A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.
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Clare Waight Keller Goes From Royal Gowns to Uniqlo
Clare Waight Keller, who designed Meghan Markle’s wedding dress, finds a different kind of luxury at a mass market brand.
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British Clothing Brand Boden Lures Shoppers to Scranton
The British brand Boden offers sample-sale prices at an outlet on Biden Street in the industrial Pennsylvania city.
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Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.
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Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.
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Walgreens Says It Will Close 1,200 Stores
The pharmacy giant said it would close the stores over the next three years and plans to “redeploy” the majority of the workers at the closed stores.
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Attention Kmart Shoppers: It’s Closing Time
As the last full-size Kmart in the continental United States prepares to close, shoppers reminisced about the store that once sold everything, everywhere.
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How Does Emily Weiss, Glossier’s Founder, Define Success?
Emily Weiss, whose company just turned 10, bases her definition on relationships. Plus, jewelry shopping from coast to coast and Wet Seal’s gilded age.
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Is a $910 Fleece Actually Worth It?
Camping’s favorite material gets a luxury overhaul.
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Spirit Halloween Will Experiment With Spirit Christmas
Known for its pop-up stores — and its army of seasonal workers — Spirit Halloween will try its hand at a longer run and a bigger holiday.