City centers may have to be reimagined to solve the problem of vacant storefronts.
Category: Shopping and Retail
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Rosalind Brewer Is Out as Walgreens CEO
She was one of the few women to run a Fortune 500 company, and when she was appointed she was the only Black woman to hold that position.
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You’ve Heard of K-Beauty. Now Try K-Perfume
In opening a brick and mortar store, Elorea broadens the offerings of the perfumery.
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Politicians to Shein: Not So Fast on U.S. Expansion
A group of state attorneys general urged the S.E.C. to make the fast fashion company prove it doesn’t use forced labor if it files to go public.
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China’s Economic Outlook: Pep Talks Up Top, Gloom on the Ground
Beijing has characterized concerns about the economic slowdown as being inflated by Western critics. Widespread anxiety and pessimism paint a different picture.
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Inside the Factory Where Buck Mason Makes T-Shirts
The founders of Buck Mason think it can — and they bought a sewing factory and a cloth mill in Pennsylvania hoping to prove it.
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U.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
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Shein and Forever 21 Team Up in Fast-Fashion Deal
Shein, the e-commerce giant known for ultralow prices, frequently refreshed stock and questions about working conditions in its supply chain, could sell within Forever 21 stores.
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Aldi to Buy 400 Winn-Dixie and Harveys Supermarket Stores
The German supermarket chain said that it would convert some of the Winn-Dixie and Harveys stores acquired in the deal, which is expected to close in early 2024.
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Walmart Records Strong Sales as It Draws More Shoppers
The retail giant raised its forecasts for revenue and profit this year, as it attracts consumers seeking cheaper groceries and other essentials.
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Target’s Sales Hit by Pride Month Merchandise Backlash
The retailer’s quarterly sales fell, in part because of boycotts over Pride-themed displays, and it cut its forecast for the full year.