A court sentenced the former head of Oxy Reckitt Benckiser to seven years in prison after the company’s disinfectant for humidifiers killed scores of people and left hundreds with lung damage.
A Republican proposal aimed at cutting tax rates and keeping jobs in the U.S. risks whacking the earnings of big U.S. retailers by driving up the cost of imported clothes, furniture and other goods.
Wal-Mart Stores Inc. will resume accepting Visa cards in its Canadian stores in the wake of a dispute over credit-card fee terms, the two companies said Thursday.
Why Macy’s and other companies have reported disappointing numbers even as consumers opened their wallets for a strong holiday shopping season.
Struggling Sears Holdings has bought itself some breathing room through maneuvers that include the sale of its Craftsman brand for $900 million and the closure of 150 additional stores.
Problems at Macy’s and Kohl’s are emblematic of an industry in transition toward a less-profitable business model.
Hedge funds and other big investors are relying on credit-card data to give them an edge, and that could be affecting trading in retailers.
It was surprisingly calm from a pricing standpoint at the retailers Heard on the Street visited two days after Christmas.
The 17% of U.S. primary household shoppers who say they never shop on Amazon tend to be older and earn less. Some cite their living situation, while others say it is easier to simply visit local stores. While the percentage has steadily declined, roughly 22 million American households didn’t use the retailer this year.
Miscounted goods add big costs for retailers, but stronger analytics and attention to forecasting can help plan for better holidays in the future.
Surging online orders and last-minute shoppers helped retailers make up for a slow start to the holiday-shopping season, fueling hopes that higher wages, the rising stock market, and lower food and gas prices prompted Americans to spend more.
From Demna Gvasalia’s shape-shifting silhouettes to political style statements and the beach burkini debate, a look back at the year in fashion.
Vitamin retailer GNC is revamping its pricing strategy as it seeks to reverse a persistent sales slump. GNC’s overhaul highlights a seemingly basic problem that has suddenly confounded many retailers: how to set prices for products they sell.
Even the full-price stalwarts cave in to discounts the week before Christmas, and those that have been cutting prices slash even more.
Canadian retail sales rose in October at their fastest month-over-month clip in nearly a year, signaling households are beginning to spend the extra cash they have pocketed from federal government tax breaks.
Alibaba Group has been put back on a U.S. agency’s list of global marketplaces known for counterfeit and pirated goods.
FedEx is playing hardball with some e-commerce shippers as the package delivery giant strains to manage the surge in holiday shopping packages.
At the luxury store in Beverly Hills, Catherine Bloom has a global client list and rare access to designers; dressing for the red carpet.
Companies say they will work together in area growing as e-commerce gains ground with consumers.
American Apparel LLC will close nine of its stores, including locations in New York and Washington, D.C., by Dec. 31 and won approval of an agreement with liquidators that would govern the closure of any stores that aren’t sold during an auction in January.