After a multimillion-dollar renovation, developers are betting the 225,000-square-foot Time Century Jewelry Center will help turn the area into a luxury destination.
Category: Shopping and Retail
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Amazon Axes ‘Smile’ Charity Program, Citing Limited Impact
The move comes as Amazon is laying off 18,000 workers, but a company spokesman said the decision to end the AmazonSmile program was not a cost-cutting measure.
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Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
The consumer goods giant raised prices 10 percent last quarter, but a decline in sales volume led to drops in revenue and profit.
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Retail Sales Fell in December as Holiday Shoppers Held Back
Weaker-than-expected results, including at popular holiday shopping destinations like electronics outlets and department stores, showed how concerns about inflation are affecting consumers.
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L.A. Has Become a Real Watch Town
The sprawling metropolis has wealth and cachet, just what every brand desires.
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Ruth Adler Schnee, Exuberant Designer of Modernist Textiles, Dies at 99
A refugee from Nazi Germany, she was among a group of designers who elevated fabric from decoration into a medium for midcentury modern design.
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Bed Bath & Beyond in Talks to Sell Assets
The beleaguered retailer, which warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its Buy Buy Baby stores.
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How to Find the Dream Winter Coat
Supervising the search for the dream coat.
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With Many Retailers Offering Online Sales, Phony Sites Blend In
Preying on shoppers strapped for cash and time, scammers are setting up fake sites that claim to have deep discounts on premium brands.
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Walgreens Executive Says Shoplifting Threat Was Overstated
In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.
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Bed Bath & Beyond Warns of Possible Bankruptcy
The home goods retailer said weak sales and slower foot traffic had forced it to consider options for restructuring, including bankruptcy.
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Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.