The pandemic shopping boom led many retailers to widen profit margins by charging more. Now value is the watchword as consumers grow choosier.
Category: Shopping and Retail
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Notre-Dame Rises Again … in Lego
With rose windows, bell towers and a central spire, this model of the famed Paris cathedral is all the hype among adult fans of Lego, known as AFOLs.
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How Yu & Me, a Popular Chinatown Bookstore, Rebuilt After a Fire
A fire left Lucy Yu’s literary hub in Chinatown gutted. She was determined to rebuild it.
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A Local’s Guide to Paraty, Brazil
A guide to Paraty, on the Costa Verde, with tips on where to stay, shop and island hop from the artist Vik Muniz and four other insiders.
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Ampla, a Lender to Consumer Brands, Faces Financial Struggles
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.
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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.