Why major retailers are closing stores
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Business - The New York Times
Halloween’s Mutation: From Humble Holiday to Retail Monstrosity
Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.2 days ago -
Top stories - CBS News
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...10 hours ago -
Top stories - CBS News
Last Kmart store closes down
Shoppers bid farewell to the final Kmart store in Bridgehampton, New York, while snagging great deals before the store shut its doors for good. Shanelle Kaul has the story.Yesterday -
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Top stories - CBS News
Why pharmacy chains are seeing mass store closures
Walgreens this week announced that 1,200 of its stores could close soon, while CVS, which is also in the process of major staffing cuts, announced Friday that CEO Karen Lynch was being replaced. ...3 days ago -
Top stories - BBC News
'This is major for me! This is massive!'
'This is major for me! This is massive!'3 days ago -
Business - Financial Times
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza3 days ago - Israel -
Business - Financial Times
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%3 days ago -
Business - CNBC
China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.3 days ago - China -
Sports - ESPN
'Exhilarating and terrifying': Inside the summer of the high-major rebuild
Arkansas, Kentucky, Michigan, USC, Louisville and DePaul began the offseason with new coaches -- and virtually no rosters. Here's how they retooled.3 days ago -
Politics - The Hill
List: 56 additional Big Lots stores expected to close in 27 states, court docs show
More than 500 stores are expected to close, if they haven't already.4 days ago -
Business - MarketWatch
30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy
U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...4 days ago -
Business - The New York Times
Retail Sales Surpass Expectations, Sign of Solid US Economy
A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.4 days ago -
Business - Financial Times
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza4 days ago - Iran -
Business - Financial Times
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge4 days ago -
Business - MarketWatch
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.4 days ago -
Business - Inc.
Trump Contends His Economic Policies Won’t Increase Federal Debt
In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.5 days ago - Donald Trump -
Business - Inc.
Walgreens Will Close 1,200 Stores as Pharmacies Try to Define a New Role
Drugstores are suffering in the post-pandemic retail arena, and are increasingly becoming ‘destinations to nowhere.’5 days ago -
Top stories - NBC News
Amazon announces first Kindle ever with color screen, retailing for $279
Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.5 days ago - Amazon -
Business - CNBC
Holiday shopping season: An early look at how retail stores and e-commerce are getting ready for the rush
The supply chain looks stable into holiday shopping season, according to a top DHL executive, but a few big changes are coming to e-commerce delivery schedules.5 days ago -
Business - CNBC
Amazon announces first Kindle ever with color screen, retailing for $279
The company is refreshing its entire e-reader lineup, launching four new Kindle devices.5 days ago - Amazon -
Top stories - CBS News
Walgreens to close approximately 1,200 stores over three years
Pharmacy giant Walgreens announced its plan to close around 1,200 stores over the next three years as retail sales decline. Walgreens has also been dealing with other challenges, including rising ...5 days ago -
Business - The Wall Street Journal
Beyond to Make Physical Retail Comeback With Investment in The Container Store
Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.6 days ago -
Business - MarketWatch
Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores
Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”6 days ago -
Business - CNBC
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.6 days ago -
Business - Inc.
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.6 days ago -
Business - Financial Times
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identified6 days ago -
Politics - The Hill
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...6 days ago -
Business - Financial Times
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’6 days ago - United Kingdom -
Business - The New York Times
Walgreens Says It Will Close 1,200 Stores
The pharmacy giant said it would close the stores over the next three years and plans to “redeploy” the majority of the workers at the closed stores.6 days ago -
Top stories - NBC News
Walgreens to close 1,200 stores over the next three years
Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid flagging sales and changing consumer behavior.6 days ago -
Politics - The Hill
Walgreens closing roughly 1,200 stores
Walgreens announced on Tuesday it will close approximately 1,200 stores over the next three years, including 500 stores in the current fiscal year. The plan, according to the company press release, ...6 days ago -
Top stories - CBS News
Walgreens to close 1,200 stores over next 3 years
Struggling pharmacy chain attempts turnaround amid low drug reimbursement rates and slower consumer spending.6 days ago -
Politics - The Hill
Senate majority at risk of falling out of reach for Democrats
Former President Trump's strength in the upper Midwest is putting Senate Democrats on defense, giving the GOP hopes it can not only win the Senate majority but grow it beyond a seat or two. ...6 days ago -
Business - MarketWatch
Why SoFi’s stock is on track for its highest close of the year
A new partnership helps validate SoFi’s underwriting model at a time some when investors are concerned about the lending business.October 14 -
Politics - The Hill
List: Here are the nearly 500 Big Lots stores that have or will be closed this year
Since filing for bankruptcy protection earlier this year, Big Lots has slated nearly 500 stores for closure - some of which have already closed their doors for good.October 14 -
Business - Inc.
Retailers Are Tossing Out Traditional Holiday Calendars. Here’s Why
Holiday shoppers have driven retailers to change their seasonal strategies.October 13