Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.
Category: Shopping and Retail
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Who Was Bruce Nordstrom? The Force Behind the Multibillion-dollar Empire
Bruce Nordstrom was both the force behind his family’s multibillion-dollar retail dynasty and a stealth godfather to the fashion trade.
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Macy’s Reports Another Drop in Sales
The largest department store chain in the United States has not reported an increase in comparable-store sales since early 2022.
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Gustaf Westman’s Designs Draw Crowds for His L.A. Pop-up Shop
A crowd lined up in Los Angeles’s Echo Park neighborhood to buy designer Gustaf Westman’s curvy, chunky, bold objects.
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Bruce Nordstrom, Who Helped Lead His Family’s Retail Empire, Dies at 90
Though he was the company’s president, he opted for joint leadership with family members as they turned a string of shoe stores into an international fashion brand.
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Walmart Opens the Year With Stronger Sales and Profit
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.
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Target Scales Back Pride Month Displays After Last Year’s Backlash
It said Pride merchandise would be available on its website and in select stores next month. In 2023, the retailer featured the goods widely.
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Target Scales Back Pride Month Displays After Last Year’s Backlash
It said Pride merchandise would be available on its website and in select stores next month. In 2023, the retailer featured the goods widely.
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Milan Cracks Down on Nightlife After Campaign to Lure Visitors
City officials worked to make Milan attractive to visitors, but now that some neighborhoods are overwhelmed by rowdy crowds and noise, they’re trying to scale back.
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Sam Ash Music Stores to Close After 100 Years In Business
The chain, which started with a single shop in Brooklyn in 1924, said it would close all 42 of its locations by the end of July, citing competition from online retailers.
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Patagonia’s Documentary Wants Consumers to Think About Buying Less
Tactics to convince people to buy less aren’t working. A quirky new documentary by Patagonia takes a different approach.
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Navigating the Fine Line Between Art and Luxury
The boundaries between art, fashion and luxury seem to be melting away. That’s great for brands, but what about artists — and the art?