The retailer, under a new chief executive and facing a takeover bid, outlined a three-year strategy to achieve “sustainable, profitable growth.”
Category: Shopping and Retail
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Trans Women and Cross-Dressers Found a Haven in Michael Salem’s Boutique
Michael Salem built a retail business by selling to customers like male cross-dressers and transgender women at a time when serving both was more taboo.
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F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
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Trader Joe’s Is Coming to Springfield. Just Not That Springfield.
Residents in Springfield, Mo., had asked for a Trader Joe’s for years. Just as they thought they were finally getting one, their hopes were dashed.
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Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.
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Low Prices Lure Hong Kongers to China
Hong Kong residents are finding in Shenzhen, the mainland city next door, lower prices, better service and tasty cuisine.
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How Acne Studios’s Scarf Inspired One of the Biggest Winter Fashion Trends
A style introduced by Acne Studios has spawned one of the biggest winter gear fads in recent memory.
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Britain Confronts Fears of a (Gasp!) Tea Shortage
Shipping issues in the Red Sea have led to delays in tea deliveries, but British retailers assured consumers that any shortages would be a “blip.”
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Miami Steps Up in the Watch World
While the city has long attracted both brands and buyers, some recent changes are turning it into a shopping destination.
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A Tokyo Repair Shop Creates Its Own Watch
Masa’s Pastime hasn’t named its timepiece yet, but intends to introduce the wristwatch in April.
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Is it a Birkin? A Dior? A Balenciaga? It’s an MSCHF, the New It Bag.
What does it take to make an It Bag? MSCHF’s answer may surprise you.
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Daniella Kallmeyer’s Designs Are Lesbian Chic, for All
Daniella Kallmeyer is happy to tell you why clothes have a different feeling when a woman designs them, no matter who wears them.