Macy’s will be cutting roughly 100 top jobs, and doubling down on its most popular merchandise, to boost profits after a disappointing holiday season.
Author: Charisse Jones, USA TODAY
General Electric continues to shrink, selling off its biopharma business Danaher Corp.
General Electric is selling its biopharma business Danaher Corp. in a $21.4 billion deal that furthers goal of shrinking to bolster its bottom line.
Walmart’s grocery delivery pays off in fight with Amazon as online sales soar
Shoppers increasingly buying bread, milk and other groceries online, helped boost Walmart’s e-commerce sales 43 percent in the last quarter
Charlotte Russe may go the way of Toys R Us in March if it can’t find buyer
Charlotte Russe, the bankrupt clothing chain, says it will start shutting down operations around March 7 if a buyer doesn’t emerge with a winning bid.
Grocery shopping 2.0: You’ll soon be able to scan store for food that meets dietary needs
If you’re lactose intolerant, gluten free or simply counting calories, you’ll soon be able to scan a grocery store shelf and find the items you want.
For retailers who say “no cash,” Philadelphia says no dice: bill bans cards only
Philadelphia’s city council voted to require most local businesses to accept cash as payment, pushing back on a growing trend that asks for cards only
Sears survived, but remaining stores may be smaller and fewer, new owner says in interview
Eddie Lampert, who succeeded in buying Sears says that the new company will continue to shrink in the number of stores it operates and their size.
REI CEO steps down following revelation of outside personal relationship
The CEO of outdoor gear retailer REI is stepping down in the wake of an inquiry into a relationship that appeared to be a conflict of interest.
Sears’ controversial ex-chairman closes deal to buy the company, keeping 425 stores open
Sears’ controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. 425 Sears and Kmart stores will remain open.
Opera? Pop? Mastercard debuts new melody that will sound whenever, wherever you buy
Mastercard is debuting a signature melody that shoppers will eventually hear every time they complete a purchasein person, via speaker, and online