Retail - Page 2

Tech giant Apple has reclosed 11 of its stores in Southern California, Maryland, Ohio, and Tennessee due to local increases in Wuhan coronavirus infections. This makes a total of 91 American stores that have been closed back down after opening.

Several Target locations will close temporarily due to violent riots following the death of George Floyd, the company announced Sunday.

The Retail Industry Leaders Association (RILA) and the National Retail Federation (NRF), trade associations representing major players in the retail industry like Walmart Inc. and Target Corp., crafted a blueprint outlining a uniform, three-phased approach to reopen stores across the country, which they plan to send to governors on Monday.

One of the main discussions that have been taking place as the coronavirus outbreak continues is why toilet paper cannot stay on the shelves at retailers across America, with many theories emerging, including unnecessary hoarding.

E-commerce giant Amazon is reportedly set to announce a new business line selling the technology behind its cashier-less Amazon Go convenience stores to other retailers.

Tech giant Apple has warned its retail stores that supplies of replacement iPhones are running low as the coronavirus outbreak puts a strain on the company’s supply chain.

An alleged journalist named David Leavitt took to Twitter on Friday to announce that he had called the police on a Target store manager named Tori for refusing to sell him an Oral-B electric toothbrush for one cent. Leavitt then threatened to take Target to court. Conservatives rallied to Tori’s defense on the #TargetTori hashtag and raised $28,000 to send her on a vacation.

Entrepreneur Andrew Yang took aim at Amazon during Wednesday’s Democratic primary debate on CNN, blaming the online retail giant for mass closures of America’s stores and malls.

Toys “R” Us stores are coming back from the dead by the end of this year, as the retail chain plans to open a half-dozen stores in the U.S. and an e-commerce center.

Amazon announced to employees this week that its “cashierless” Go stores will begin to accept cash in order to avoid discriminating against those who don’t have a smartphone or bank account.

Amazon competitors are reportedly embracing the company’s online store as some of them close hundreds of brick and mortar shops, opting to sell their products directly through Amazon due to benefits such as the company’s delivery system.

Amazon will reportedly shut down all of its pop-up retail stores in the United States by the end of April.

Ronny Gottschlich, who ran the discount supermarket giant Lidl in the United Kingdom for six years, has admitted that bosses have used European Union migrants to hold down wages.

Sears is expected to request a judge for permission to liquidate its assets after a takeover offer, spearheaded by its chairman, fell through.

Sales are up everywhere except gas stations.

The UK’s economy bounced back in the second quarter of the year, doubling from 0.2 percent to 0.4 percent growth, boosted by the good weather as salaries continue to rise with fewer EU migrants depressing wages.

Amazon’s senior vice president Russell Grandinetti has indicated that the online commerce giant remains unconcerned by its devastating impact on the retail sector and the millions of jobs that go with it. 

Blockbuster will soon have just one store left in the United States, following the announced closure of two stores in Alaska.

Amazon Opens Automated Grocery Store Eliminating Cashiers

Israelis as a nation averaged two online orders per second during 2017, according to data from the Israel Postal Company, as they stepped up their online shopping habits in a bid to beat Israel’s high prices.

Shoppers are turning out in stores and showing up online, signaling that this might be the greatest holiday shopping season in a decade.

Amazon.com has announced that it is searching for 50,000 new employees and that is just the beginning.

GameStop is reportedly closing at least 150 stores, or about 3 percent of its locations, in response to a growing consumer preference for digital storefronts.

TEL AVIV – Israel’s Holocaust memorial Yad Vashem has called on Amazon to stop selling Holocaust denial books, charging the retail giant of promoting anti-Semitism and hate speech.

Walmart announced Tuesday it would be creating 10,000 jobs in the United States this year, a number that’s on par with the amount of jobs the store has created in previous years, as President-elect Donald Trump puts pressure on companies to create more jobs in the U.S.

LONDON (AFP) – The British government is set to unveil proposals on Tuesday to introduce corporate governance rules for large privately-owned companies, following the widely-criticised collapse of retailer BHS.

J.C. Penney reported a surprise drop in its first-quarter sales, joining a slew of others who muddled through a miserable spring. But investors were forgiving.

Outdoor apparel giant Sports Authority has filed for Chapter 11 bankruptcy protection and the retail chain could close all or most of its 450 stores nationwide as it struggles to pay off a reported $1 billion debt.

LONDON (Reuters) – British lawmakers have asked retail billionaire Philip Green and his wife Tina to appear before them within the next few weeks to help with inquiries into the failure of department store chain BHS and its pension liabilities.

The retail sector is continuing to contract as the U.S. economy continues to struggle with anemic growth in the era of President Barack Obama, resulting in increased store closures.

“Roseanne’s Joint” — that’s the name of a new Santa Ana, California marijuana dispensary owned by ‘90s-era television star and comedian Roseanne Barr, set to open this spring.

After a video revealed a Zara employee in Paris denying entry to a woman wearing a hijab, the clothing store issued an apology.

With wearable fitness devices the fastest-growing sector of consumer electronics, Fitbit, Inc. (FIT-NYSE) and Jawbone are engaged in a life-or-death marketplace and legal war.

As the retail sector continues to contract despite claims that the economy is doing better, Dunkin’ Brands, the parent company of Dunkin’ Donuts and the Baskin-Robbins ice cream chain, have announced that, from now and into next year, the company will be closing at least 100 stores across the nation.

As fans of the Star Wars franchise eagerly await the December release of Star Wars The Force Awakens, Friday helped them manage their anticipation, with the release of new toys and other merchandise, in an intergalactic Black Friday of sorts.

Macy’s Department stores is closing down its iconic downtown Pittsburgh location after selling off the building that, for over 100 years, served as the flagship store for the now defunct Kaufmann’s chain.