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Author: Kelly Tyko, USA TODAY

Money

Bath & Body Works closing 24 stores while opening 46 new locations

May 22, 2019Kelly Tyko, USA TODAYComments Off on Bath & Body Works closing 24 stores while opening 46 new locations

Bath & Body Works is closing 24 stores, open 46 and renovating 175 in 2019, according to parent company L Brands.

Money

Hedge fund-owned MNG reduces stake in Gannett to 4.2%

May 22, 2019May 23, 2019Kelly Tyko, USA TODAYComments Off on Hedge fund-owned MNG reduces stake in Gannett to 4.2%

Alden Global Capital’s MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company from 7.5%

Tech

Amazon shareholders reject banning sale of facial recognition software to law enforcement

May 22, 2019May 23, 2019Kelly Tyko, USA TODAYComments Off on Amazon shareholders reject banning sale of facial recognition software to law enforcement

Amazon shareholders rejected two proposals to limit sales of its facial recognition technology “Rekognition” to governments and law enforcement.

Money

Buckle to Drive: Chevrolet has a new way to get teen drivers to wear a seat belt

May 21, 2019Kelly Tyko, USA TODAYComments Off on Buckle to Drive: Chevrolet has a new way to get teen drivers to wear a seat belt

Chevrolethas a new Buckle to Drive feature in the 2020 Chevrolet Traverse, Malibu and Colorado to get teen drivers to buckle their seat belts.

Money

When are Payless stores closing? It depends but some are staying open longer

May 21, 2019May 21, 2019Kelly Tyko, USA TODAYComments Off on When are Payless stores closing? It depends but some are staying open longer

Payless ShoeSource originally said all U.S. stores would close by the end of May 2019. Now the footwear chain says some stores will be open in June.

Money

Going out of business: Ascena Retail Group closing all of its nearly 650 Dressbarn stores

May 20, 2019May 21, 2019Kelly Tyko, USA TODAYComments Off on Going out of business: Ascena Retail Group closing all of its nearly 650 Dressbarn stores

For now, the Dressbarn website and all stores are open. The company says there are no current changes to its return, refund, or gift card policies.

News

China tariffs could force ‘widespread store closures’ and put $40 billion in sales at risk

May 20, 2019May 20, 2019Kelly Tyko, USA TODAYComments Off on China tariffs could force ‘widespread store closures’ and put $40 billion in sales at risk

2019 has already been a tough year for retailers but the tariffs with China could put $40 billion of sales and 12,000 stores at risk, a report says.

Money

Shoppers disappointed at how fast Target’s Vineyard Vines collection selling out

May 18, 2019May 19, 2019Kelly Tyko, USA TODAYComments Off on Shoppers disappointed at how fast Target’s Vineyard Vines collection selling out

Shoppers are taking to social media to express disappointment over the Vineyard Vines for Target sale. Many items sold out quickly and landed on eBay.

Money

Vineyard Vines arrives at Target on Saturday. How to shop the limited-edition collaboration

May 17, 2019May 18, 2019Kelly Tyko, USA TODAYComments Off on Vineyard Vines arrives at Target on Saturday. How to shop the limited-edition collaboration

Set your alarm clock if you’re interested in shopping Target’s latest designer collaboration, Vineyard Vines. The new collection goes on sale May 18.

Money

Children’s Place plans to close up to 45 stores and relaunch Gymboree brand

May 17, 2019May 17, 2019Kelly Tyko, USA TODAYComments Off on Children’s Place plans to close up to 45 stores and relaunch Gymboree brand

The Children’s Place is closing 40 to 45 stores in 2019 but at the same time is opening new stores to fill the void left by Gymboree.

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