Latest in Nordstrom family offers to take store private for $3.76B with Mexican retail group
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Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - 1d -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - 1d -
Google Joins the AI Shopping Revolution With Agent Tools for Retailers
The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.Inc. - 1d -
Bill Ackman offers to take over real estate developer Howard Hughes for $85 a share
Ackman proposed forming a new subsidiary of Pershing, which currently owns about 38% of Howard Hughes, that would merge with the company.CNBC - 2d -
Apple to face court over claims it overcharged UK users on App Store
Class action alleges company is abusing its dominant position in the app market and 30% fee breaches laws. Business live – latest updates Apple will appear in court on Monday accused of ...The Guardian - 2d -
Private security groups to work alongside police in UK crime crackdown
Mitie director says talks under way to help bridge ‘significant gap’ in front-line needsFinancial Times - 3d -
Take these steps to set financial goals for your family in 2025 — and reach them
How you and your partner can make saving easier, spending harder, and teamwork second nature.MarketWatch - 3d -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - 4d -
How to turn store-cupboard staples into brilliant breakfast bars | Waste not
Nutritious and easy to eat on the go, these bars are not only great for kicking off a healthy new year, but will also help use up leftovers. Today’s recipe is based on the pumpkin, mulberry and ...The Guardian - 4d -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - 4d -
Macy's will close 66 stores this year. Here is where they are.
Macy's has released a list of the more than 60 underperforming stores it is closing in 2025.CBS News - 4d -
Memories of rosy Christmas fade as UK retailers brace for tough 2025
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation riseFinancial Times - 5d -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - 5d -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - 5d -
Macy's, Kohl's announce nationwide store closures: Here's where
Combined, the companies are closing roughly 90 stores nationwide.The Hill - 5d -
Macy’s to Close 66 Store Locations
Macy’s real estate assets, including the Herald Square location, are worth about $5 to $9 billion.Inc. - 5d -
Is a Macy’s near you closing? Beleaguered department store is closing 66 locations.
Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its ...MarketWatch - 5d -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - 5d -
Go From Oily Rags To Riches With This Week's Epic Games Store Freebie
The Epic Games Store continues to give away a free game each week, and this week is another nice find with a price that can't be beaten. Every Thursday at 8 AM PT / 11 AM ET, Epic offers at least ...GameSpot - 5d -
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.CNBC - 5d -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - 5d -
Mexico president trolls Trump with "Mexican America" map
Mexico's president sarcastically said that the U.S. should be called "Mexican America" after Trump's vow to rename the Gulf of Mexico the "Gulf of America."CBS News - 6d -
With Trump taking office, some Democrats and pro-immigration groups ponder new ideas
There's momentum among pro-immigration groups and some Democrats for policies that would move the party to the right on immigration.NBC News - 6d -
Mexico's president hits back at Trump over 'Gulf of America': 'We're going to call it Mexican America'
Mexican President Claudia Sheinbaum dove into President-elect Trump’s chatter of geopolitical rearrangement Wednesday, proposing a name change for North America in response to Trump’s musings about ...The Hill - 6d -
Mexico’s president calls for parts of US to be renamed ‘Mexican America’
Donald Trump’s vow to rename Gulf of Mexico the ‘Gulf of America’ is latest dig to neighbouring countriesFinancial Times - 6d -
The Store Fueling Dominican Baseball Fever in a Manhattan Neighborhood
A store in Washington Heights has become a critical source of apparel for local fans.The New York Times - 6d -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Fortnite Lego Sets Launch At Major Retailers, Including Amazon And Walmart
Lego Fortnite Battle Bus (954 Pieces) ...GameSpot - Jan. 5 -
In Mexican Desert, Digging for a ‘Miracle’: Bringing the Missing Back Home
Tens of thousands of people have vanished in northern Mexico, many because of cartel violence. An unlikely partnership offers families a form of closure.The New York Times - Jan. 4 -
Ailing Ex-Deputy Admitted to Killing Florida Store Clerk in 1979
Less than a year before his death, a former deputy with the Charlotte County Sheriff’s Office in Florida told detectives that he had fatally shot the clerk, a 25-year-old woman.The New York Times - Jan. 4 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
Will 2025 be the year for plain vanilla ETFs or private assets?
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answerFinancial Times - Jan. 2 -
A Mexican Mayor’s Odyssey: From Undocumented Migrant to Cartel Target
A former undocumented resident of California who now runs a town in Mexico, Crispín Agustín Mendoza has survived one assassination attempt. But he says, “I have to learn how to survive.”The New York Times - Jan. 1 -
Why is VAT being added to private school fees?
The government says the rule change will raise £460m extra to spend in state schools in 2024/25.BBC News - Jan. 1