Walmart laying off hundreds at e-commerce fulfillment centers
Hundreds of workers at five Walmart facilities that fulfill e-commerce orders are being asked to find jobs within 90 days ...
Tag: retailers
Retail sales dip 0.4% in February after January buying burst
America’s consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. ...
NYC wine icon Sherry-Lehmann shuts down after cease-and-desist order
Iconic New York City wine shop Sherry-Lehmann has abruptly shut its doors as the cash-strapped retailer faces a clampdown over ...
Apple closes Charlotte, North Carolina store after shootings
Apple shuttered a North Carolina outpost with little warning one day after the latest in a spate of shootings at ...
Macy’s shares soar on upbeat profit forecast
Macy’s beat estimates for holiday quarter results and forecast annual profit largely above expectations as the department store operator looks to ...
Kohl’s swings to surprise Q4 loss, warns on profit for year
Kohl’s plans to cut inventory by roughly 5% this year, be more surgical with discounts and change how it showcases ...
US retailers face shipping delays as carriers scrap voyages
Shipping companies like MSC and Maersk are attempting to cancel voyages to prop up sagging shipping rates — moves that ...
Dan Loeb’s Third Point seeks new Bath & Body Works directors
Billionaire investor Dan Loeb told Bath & Body Works on Wednesday that his hedge fund Third Point plans to launch a board challenge and ...
Bath & Body Works adds new director after Third Point pressure
Bath & Body Works named a veteran consumer products executive as a new director on Monday as the specialty retailer faces pressure from hedge fund Third Point LLC to ...
Retailers busting thieves with facial-recognition tech used at MSG
James Dolan has lately stirred controversy over his use of facial-recognition technology to keep his enemies out of Madison Square ...
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