Huge downtown deals fuel strong fourth quarter for NYC retail
Real estate brokers and analysts like to put the best possible face on Manhattan’s troubled retail sector, where for every ...
Tag: retail
Saks unveils stylish plan for casino at Fifth Avenue store
Saks Fifth Avenue finally tipped its hand, confirming plans to bid for a casino license on the top floors of ...
United Furniture lenders reveal chaos surrounding 2,700 layoffs
Lenders to United Furniture Industries claimed in court filings they were blindsided by the company’s pre-Thanksgiving move to abruptly fire ...
United Furniture owner quietly surfaces after firing 2,700 overnight
The owner of United Furniture Industries, which abruptly fired all of its 2,700 employees during a single night last month, ...
US retail sales grow 7.6 percent during holiday season
U.S. retail sales rose 7.6% between Nov. 1 and Dec. 24, which encompasses a majority of the holiday season, as ...
Retail sales fall 0.6% in November after rising in October
Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates forcing families, ...
United Furniture baron David Belford, who fired all his workers, founded charity for sick kids
The owner of United Furniture Industries has been noted for his philanthropic efforts in past years — even as he ...
US companies dictate minimum prices on goods to retailers, shoppers left with fewer discounts
Shoppers will find fewer discounts on everything from toys to tortillas as companies increasingly set minimum prices on their goods to maintain ...
Target blames ‘organized’ crime for $400M loss in profits
Target said it has lost a whopping $400 million in profits this year thanks to organized gangs of shoplifters who ...
‘Might be in for soft landing after all:’ Retail sales rise more than expected in October
Retail sales increased more than expected in October as households stepped up purchases of motor vehicles and a range of other goods, ...
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