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Tag: Retail

394877 03: A woman walks past a store closing sign September 24, 2001 in Times Square in New York City. While the economy in New York and the rest of the nation had been showing signs of recession before September 11, the terrorist attack on the World Trade Center in New York has further affected the economy by scaring away tourists and closing some businesses in lower Manhattan. (Photo by Spencer Platt/Getty Images)

Bob’s Stores Retail Chain Closing All Locations After 70 Years Of Business

Bob’s Stores, a clothing store chain located in the northeast that has been in business for the past 70 years, will be closing all of its locations in the U.S.’s latest retail casualty. 

Read More Bob’s Stores Retail Chain Closing All Locations After 70 Years Of Business
Analyzing How Temu’s E-Commerce Model Threatens U.S. Patent Holders, Tracks Consumers

Analyzing How Temu’s E-Commerce Model Threatens U.S. Patent Holders, Tracks Consumers

The Chinese e-commerce site Temu continues to advertise its products, but many point out how the retailer copies designs from countless U.S.-based retailers, and the company is facing two lawsuits over separate matters.

Read More Analyzing How Temu’s E-Commerce Model Threatens U.S. Patent Holders, Tracks Consumers
Shoppers converge in a Target store in Chicago, Illinois, U.S. November 21, 2023. REUTERS/Vincent Alban/File Photo

Target, Walmart shoppers seek home goods, grocery delivery online

U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump.

Read More Target, Walmart shoppers seek home goods, grocery delivery online
Shoppers wait in line to pay for their purchases at a Walmart store in Los Angeles, California on November 24, 2009, a few days before �Black Friday� the day after Thanksgiving which kicks off the holiday shopping season. Retailers are hoping �doorbuster� deals will stimulate sales despite the weak economy. AFP PHOTO / Robyn Beck (Photo credit should read ROBYN BECK/AFP via Getty Images)

Walmart Cutting Hundreds Of Corporate Jobs, Relocating Majority Of Remote Workers To HQ

Walmart announced on Tuesday that it’s planning to cut hundreds of jobs at its corporate headquarters and will relocate a majority of its U.S. and Canada-based remote employees to three offices.

Read More Walmart Cutting Hundreds Of Corporate Jobs, Relocating Majority Of Remote Workers To HQ
The signs in a storefront window read "Going Out of Business" in Charleston, South Carolina, U.S., March 7, 2024. REUTERS/Brian Snyder/FILE PHOTO

US small-business sentiment slides to lowest level in more than 11 years

NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.

Read More US small-business sentiment slides to lowest level in more than 11 years
BAKERSFIELD, CA - APRIL 6: Shoppers go to a 99 Cents Only Store on April 7, 2004 in Bakersfield, CA. The discount chains sales fell below it's first quarter expectations and is expecting a profit of 18 to 19 cents a share instead of the projected 20 to 21 cents a share for the quarter. (Photo by Roger Hornback/Getty Images)

99 Cents Only Stores To Close All Locations Across U.S.

After being open for over 40 years, 99 Cents Only Stores will soon close all of its locations permanently. 

Read More 99 Cents Only Stores To Close All Locations Across U.S.

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