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Sam Ash Music, the instrument retailer that recently announced plans to close its stores, is looking for a buyer to keep the chain and its online retail presence going, CEO Richard Ash said.
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Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Wayfair to open its first large store, as physical locations make a comeback
What "retail apocalypse"? Wayfair and other digitally native companies are turning to physical stores for growth as e-commerce profits become more challenging.CNBC - Business -
Why Wayfair Is Opening Its First Brick-and-Mortar Store
The online furniture and home furnishings retailer will open a store in the Chicago suburbs on May 23. It's part of a plan to reach the many shoppers who still like to touch and test merchandise in person.Inc. - Business -
Walmart's sales continued to grow as American shoppers kept flocking to its stores for inexpensive everyday necessities.
Walmart’s sales continued to grow as American shoppers kept flocking to its stores for inexpensive everyday necessities.The Wall Street Journal - World -
Departing Boeing CEO Keeps His Board Seat
Shareholders defied a proxy advisor and kept Dave Calhoun on the board of the troubled plane maker, while unionized workers may get trained in whistleblower laws amid a slew of manufacturing safety issues.Inc. - Business -
As Supernatural Claims Spread Online, Vatican Updates Its Rules on Them
People have long claimed sightings of the Virgin Mary or bleeding crucifixes, and some endorsed by the Roman Catholic Church have become hugely popular pilgrimage destinations.The New York Times - World -
Retailers' Shelves Are Attractive Again. At Least for Skechers.
Footwear and apparel brand Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in that category.The Wall Street Journal - World
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CURO Group Says Bankruptcy Court Confirms Reorganization Plan
CURO Group Holdings said Friday that its reorganization plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division.The Wall Street Journal - World -
Israel Recovers Three Dead Hostages From Gaza
The Israeli military said it had recovered the bodies based on intelligence from interrogating militants, renewing the focus on the hostage issue.The Wall Street Journal - World - Israel -
Russia Says U.S. Ignores Its Proposals for Prisoner Swap
The State Department says efforts to secure the release of Americans held by Russia are ongoing.The Wall Street Journal - World - Russia -
Ukraine Asks for U.S. Help in Striking Targets Inside Russia
Ukraine has also asked the U.S. to lift restrictions on the use of American provided weapons against military objectives inside Russia, U.S. and defense officials said.The Wall Street Journal - World - Ukraine -
The WSJ Dollar Index Was Flat at 99.16
The WSJ Dollar Index was flat at 99.16, and was down four of the past five trading days.The Wall Street Journal - World