Retail

The private-equity outfit that owns 100-year old luxury retailer Neiman Marcus has hired advisers to shop the company for a sale. Neiman might come with a lot of baggage, including almost $5 billion in debt rated at junk status. In the age of internet retail, is there any appeal in owning a high-end department store […]

Organizers of Wednesday’s planned “A Day Without A Woman” protest are asking women to stay home from work to underscore their economic contributions. Women make up nearly half the U.S. workforce. Organizers of the protest also want women to only patronize women and minority-owned businesses. It’s unclear how many people will participate, though a few […]

Americans throw out 40 percent of the food they buy. One estimate puts the monetary value at $29 billion a year, not to mention the carbon footprint. One reason? Food going past confusing “use by” labels. Now food industry groups are recommending new guidelines which clarify if a food is unsafe to eat, or just […]

House Republicans are mulling an overhaul to the tax code, specifically, how businesses are taxed. One possibility? Businesses that import items would see higher taxes on those goods — as much as 20 percent — and exporters would have the money they make off those exports exempt from taxes. Domestic manufacturers favor the plan, but […]

Stefan Larsson was supposed to help Ralph Lauren compete better in a fast-moving retail environment. His departure, less than two years into the job, raises big questions about the company’s strategy going forward.

The Limited has reached the end of the  brick and mortar road. The once popular women’s clothing chain and familiar mall tenant is on its way out. While it will be maintaining its online presence, for now, the company confirmed that it’s closing all of its stores across the country. And other big retailers, Aeropostale, Macys […]

When you think of Amazon.com, fast shipping may come mind, but does fashion? The equity research firm Cowen and Company estimates that Amazon’s share of the apparel and accessory market last year was 6.6 percent and will keep climbing.  And the retail behemoth has been developing several in-house brands, for items like kids’ clothing and men’s […]

These are tough times for department stores.