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 […]
With Toys R Us closing its doors, what will happen to toy manufacturers that depended on the chain to display and sell everything from dolls to toy cars? What options do big toymakers like Mattel and Hasbro have, and what about smaller companies that looked to the retailer for shelf space? For companies in the […]
The effective tax rate of many retailers has been just over 30 percent. The new tax bill could help them have more to spend on getting more competitive, in stores and online, as brick-and-mortars suffer. Click the above audio player to hear the full story.
More than half the respondents in a survey by WalletHub said Black Friday no longer offers the best deals of the year. The personal finance website analyzed ads from major retailers and found that there are a lot of deals on the day after Thanksgiving, but you have to know where to find them. Click […]
It’s a holiday tradition: every fall, retailers staff up their stores to prepare for the inevitable crush of shoppers. But this year, Macy’s said it’ll be hiring fewer holiday workers — about 80,000 people in total. And more of those workers will be operating out of warehouses, packing online orders, than last year. Could these […]
In a financial filing on Tuesday, Sears said “substantial doubt exists related to the company’s ability to continue as a going concern.” The announcement hit the company’s shares hard. Sears reported a loss of more than $2 billion in 2016. What does this disclosure mean for the retailer and is there any hope of a […]
