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Luxury travel experiences are the next big thing from Louis Vuitton

Dec 14, 2018
LVMH spends $3.2 billion on a deluxe hotel and travel chain to attract millennial money.
The canal in front of the Hotel Cipriani in the Venice lagoon in 2014.
Pierre Teyssot/AFP/Getty Images

The cost of four missing words in the tax law

Dec 12, 2018
Dropped words in the tax law are causing a mess for retailers and restaurants.
The drive-thru machine at the Commack, New York, White Castle is causing problems, but the store put renovations on hold because of the retail glitch in the tax law.
Marrielle Segarra/Marketplace

Gender-specific toys mean more revenue for toy makers

Nov 26, 2018
One growing trend in toy-buying is so-called gender-neutral playthings – toys that don’t reinforce gender stereotypes like trucks for boys or dolls for girls. But those stereotypes appear hard to shake for both toy makers and consumers. Click the audio player above to hear the full story. 
A child rides a 'Morfboard Scoot & Skate' at a 'Dream Toys' event to unveil the top twelve toys this Christmas on November 14, 2018 in London, England. 
Jack Taylor/Getty Images

Target's investments in online shopping are paying off

Nov 26, 2018
Target missed earnings expectations for the third quarter, yet the company is maintaining its forecast for the whole year. The reason? The retailer’s investments in its online segment are weighing down on its profit margins, but those investments are getting some traction as online sales jumped 49 percent in the latest quarter. Click the audio […]

Unclaimed Baggage Center turns one person’s lost stuff into another’s bargain buy

Nov 26, 2018
Some unique finds: A Christmas sweater with two neck holes, antlers, a taxidermied frog.
Shoppers at the Unclaimed Baggage Center shortly after doors opened at 8am. 
Gigi Douban/Marketplace

Doing your Christmas shopping on your phone? Don't feel special, pretty much everyone's doing that

Nov 26, 2018
The more your friends post about their #favoritethings, the more likely you are to buy from your phone.
The more your friends post about their #favoritethings, the more likely you are to buy from your phone. 
PAUL ELLIS/AFP/Getty Images

For public good, not for profit.

How Toys R Us workers got the retailer's private equity owners to pay severance

Nov 23, 2018
The private equity firms Bain and KKR announced this week that they will contribute $20 million to a compensation fund for former employees of Toys R Us. The retailer filed for Chapter 11 bankruptcy in September 2017, laying off tens of thousands of workers without severance packages. And for months, those former employees have been […]
Tim Boyle/Getty Images

Why retailers love it when you order online and pickup in store

Nov 23, 2018
Big box and department stores have invested heavily on making it easy for customers to pick up stuff they order online at the store. That’s because research shows that most of those pick-ups actually become shopping trips, where the customer buys more than just what was in the online cart. That’s a growing Black Friday […]
Visitors check HTC mobile phones on the second day of the event at the Fira Gran Via Complex on day 2 of the Mobile World Congress on February 23, 2016 in Barcelona, Spain.
David Ramos/Getty Images