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Stories Tagged as

Retail

Retail rebound is now: Sales predicted up 4.5 percent over last year

by Erika Beras
Aug 15, 2018
Major department stores report their earnings this week, starting with Macy’s on Wednesday, followed by Nordstrom and J.C. Penney on Thursday. After a retail slump and slide over many quarters, Americans are coming back to shopping, and the numbers show stores are enjoying the trend. Click the audio player above to hear the full story. 
Department store sales have been declining.
EMMANUEL DUNAND/AFP/Getty Images
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Are we witnessing the renaissance of retail stores?

by David Brancaccio , Daniel Shin and Janet Nguyen
Aug 15, 2018
Brick-and-mortar stores might not be dead just yet.
A general view of a Glossier pop-up shop at Nasty Gal Santa Monica. 
John Sciulli/Getty Images for Nasty Gal
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Brookstone saves airport-based stores from the chopping block. Here’s why.

by Reema Khrais
Aug 2, 2018
Brookstone, the specialty retailer that sells eye masks, massage chairs and other gadgets, filed for bankruptcy protection for the second time Thursday. The company says it’s going to shut down its roughly 100 mall-based stores. They’ve become less of an attraction as more shopping moves online. The company’s 35 airport-based stores are doing much better. […]
A Brookstone store is seen at Rockefeller Center October 29, 2003 in New York City. 
Mario Tama/Getty Images
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Higher tariffs on consumer goods resonate at a Texas Walmart

by Andy Uhler
Aug 2, 2018
On Wednesday, the Trump administration unveiled a proposal for even higher tariffs on many consumer goods imported from China. We went to a shopping center in Austin, Texas, to find out what buyers of those goods thought about the plan. Click the audio player above to hear the full story. 
A customer carries merchandise through a Walmart Supercenter.
Rick T. Wilking/Getty Images
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A mall in Montana lost its department store ... again

by Kai Ryssdal and Bennett Purser
Jul 30, 2018
When managing a shopping center, "every day is a fresh opportunity for creative problem solving."
People exit a subway into a Manhattan shopping mall on June 28, 2018 in New York City. The American economy showed the weakest performance in consumer spending in nearly five years new numbers from the Commerce Department show. Despite the drop in consumer spending, the gross domestic product (GDP) increased at a 2.0 percent annual rate in the January-March period to give a mixed picture on the state of the American economy.
Spencer Platt/Getty Images
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Trump has you to thank for those good GDP numbers

by Andy Uhler
Jul 27, 2018
This post was updated on July 27 at 7:54 a.m. CT. The Commerce Department has released second-quarter gross domestic product numbers this morning, showing that the U.S. economy grew at an annual rate of 4.1 percent — the fastest pace since 2014. That figure was driven by exporters rushing to get products delivered ahead of […]
People walk through a Manhattan shopping mall on June 28, 2018 in New York City. 
Spencer Platt/Getty Images
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July sales are pressuring the shipping industry like it’s the holiday season

by Justin Ho
Jul 16, 2018
Today is Prime Day, Amazon’s annual day of discounts that the retail giant hopes will rack up sales and lure new subscribers to Prime. Walmart, Target, Macy’s and other retailers are also getting in on what’s being dubbed Summer Black Friday. With all those packages on the move, the shipping industry is ramping up to […]
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Why a trucker shortage really, really matters

by Peter Balonon-Rosen
Jun 15, 2018
The U.S. is facing a national trucker shortage. With the economy in an upswing, there’s more of a demand for goods than there are people to transport them. As carriers try to attract drivers with perks and pay raises, companies that rely on shipping say an unexpected rise in shipping costs has forced them to […]
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Spike in demand for building materials helped drive overall retail sales in May

by Reema Khrais
Jun 14, 2018
New numbers out Thursday show that Americans spent a lot of their paychecks on retail last month. U.S. retail sales were strong in May, rising about eight-tenths of a percent from a month earlier.  That may sound small, but it’s the biggest one-month jump since last November. Among the merchants that got a lot of […]
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Sports fashion turns to on-trend t-shirts

by Rob Sachs
Jun 7, 2018
Sports fashion is often all about the jerseys, but these days fans can also find t-shirts that capture trending moments in sports. That’s because companies like BreakingT see a new opportunity to cater to a market for individualized messaging, by turning moments in sports into trendy t-shirts. Click the audio player above to hear the […]
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