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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 -
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.The Wall Street Journal - World -
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 -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
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 -
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 -
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
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U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships
U.S. officials are warning telecommunications companies that undersea cables that ferry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.The Wall Street Journal - World -
Kate Middleton Favors This British Brand. Now It's Coming for Americans.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.The Wall Street Journal - World -
Behind Putin Visit, Unease in Beijing Over His Potential Next Stop: North Korea
The Russian president skipped tacking on Pyongyang to his China visit, but growing ties between Vladimir Putin and Kim Jong Un are worrying Xi Jinping.The Wall Street Journal - World - North Korea -
She Devoted Herself to Teaching About the Tiananmen Massacre. Hong Kong Shunned Her.
The story of Rowena He, a scholar of China’s bloody 1989 crackdown, reflects the narrowing space for academic freedom.The Wall Street Journal - World - Hong Kong -
Mystery in the Alps: A Chinese Family, a Swiss Inn and the World's Most Expensive Weapon
Switzerland agreed to buy F-35 jet fighters to park on a remote runway. Then the U.S. zeroed in on the Wangs, who owned the rustic hotel next door.The Wall Street Journal - World