Bed Bath & Beyond shares plunge after bankruptcy warning
Struggling Bed Bath & Beyond warned on Thursday that there’s substantial doubt about the company’s ability to continue as a ...
Tag: retailers
Target recalls Pillowfort children’s weighted blankets after 2 deaths
Target said Thursday it has recalled about 204,000 Pillowfort weighted blankets for children after receiving reports of two fatalities. The Consumer Product ...
NYC has lost 781 chain stores since 2019
The invasion of chain stores — often pushing out mom-and-pop operations — slowed to a crawl in the Big Apple ...
Italian fashion retailer LuisaViaRoma snags first US location in Noho
High-end European fashion retailers continue craving a bite of the Big Apple action — but more in downtown neighborhoods than ...
Sherry-Lehmann owners in NYC drank wines while clients waited
Sherry-Lehmann’s owners have allegedly treated New York’s premier wine shop like their own personal booze stash — helping themselves to ...
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, ...
Iconic NYC wine store Sherry-Lehmann may close after 88-year run: sources
Sherry-Lehmann — the posh wine store that has long cultivated a reputation as New York City’s preeminent booze merchant — ...
Cyber Monday sales hit $11B as toys, electronics snapped up
Discount-hunting shoppers snapped up Pokemon cards, TVs and air fryers on Cyber Monday, pushing sales to $11.3 billion — making it the ...
Ikea plans to cut prices despite high inflation
Ingka Group, the owner of most IKEA furniture stores, is planning additional price cuts as some input costs ease, its retail manager told Reuters ...
United Furniture Industries lays off 2,700 workers as they slept
A big US furniture company this week fired all of its 2,700 employees while they were sleeping, telling them in ...
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