Stories tagged: retail
UPDATED: FRIDAY, FEB. 24, 2017, 7:23 P.M.
J.C. Penney to close 130-140 stores and offer 6,000 employees early retirement
J.C. Penney announced on Friday its biggest number of stores closings in recent history and indicated the decision will result in it exiting some smaller markets.
MONDAY, FEB. 20, 2017, 5:30 P.M.
Nordstrom’s big, beautiful stores are losing ground
For many years, Nordstrom has been regarded as a poster child for how traditional retailers should respond to the rise of e-commerce.
UPDATED: SUNDAY, FEB. 19, 2017, 5:21 P.M.
Amid boycott of Ivanka Trump-branded products, her perfume is a bestseller on Amazon
Ivanka Trump’s brand of clothing, shoes and accessories has been at the center of a tempest since her father was elected president. But on Amazon.com this past week, the brand …
UPDATED: FRIDAY, FEB. 10, 2017, 5:13 P.M.
Sears could close more stores, cut jobs in effort to cut $1 billion in 2017
Sears Holdings Corp. aims to slash costs by at least $1 billion this year as part of a new restructuring plan that calls for cuts to corporate overhead and could …
UPDATED: THURSDAY, FEB. 9, 2017, 6:10 P.M.
Marijuana sales in Spokane County slide in January but still up over 2016
Spokane County’s 29 retail pot shops sold $6.9 million worth of weed in January, down 7 percent from the December sales total but up more than 43 percent from the …
THURSDAY, FEB. 2, 2017, 11:05 P.M.
Alaska rejects marijuana consumption at retail pot stores
Marijuana regulators in Alaska narrowly rejected a proposal Thursday that would have made the state the first in the nation to allow marijuana consumers to use the pot they buy …
UPDATED: WEDNESDAY, FEB. 1, 2017, 10:43 A.M.
Catering to manly tastes
Kingsley & Scout, a men’s boutique that opened in December on North Monroe, offers a variety of local clothing brands, men’s accessories and hand-painted signs.
TUESDAY, JAN. 31, 2017
100 years ago in Spokane: Office supply company announces plan for downtown megastore
John W. Graham & Co., a office supply store and bookstore, announced plans to build a spectacular six-story building at Sprague Avenue and Stevens Street.
MONDAY, JAN. 30, 2017, 9:43 A.M.
Wet Seal teen clothing stores closing nationwide, including two in Spokane area
Wet Seal, a trendy chain of clothing stores catering to teenagers, is closing all 171 of its stores, including two in the Spokane area.
WEDNESDAY, JAN. 25, 2017, 8:03 P.M.
Judge rejects $80M penalty in Wal-Mart truck drivers lawsuit
A federal judge on Wednesday refused to force Wal-Mart to pay $80 million in penalties in a lawsuit alleging the retail giant failed to pay hundreds of truck drivers in …
UPDATED: WEDNESDAY, JAN. 18, 2017, 7:08 A.M.
Robots and artificial intelligence set to upend the art of making a sale
Softbank Robotics has a vision of a world in which many retailers incorporate artificial intelligence technology into brick-and-mortar stores, in which it feels normal and reflexive for you to approach …
TUESDAY, JAN. 17, 2017, 9:11 A.M.
Wal-Mart to add about 10,000 retail jobs in the US
Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations.
TUESDAY, JAN. 10, 2017, 1:43 P.M.
Wal-Mart is said to be cutting hundreds of workers this month
Wal-Mart Stores is making another round of job cuts as part of Chief Executive Officer Doug McMillon’s efforts to streamline operations, according to a person familiar with the situation.
TUESDAY, JAN. 10, 2017, 12:28 P.M.
American Apparel bankruptcy deal leaves retail future in doubt
American Apparel, once a high-flying retailer that peaked at more than $600 million in sales, is probably headed toward liquidation after a bankruptcy auction ended with Canadian T-shirt and underwear …
SUNDAY, JAN. 8, 2017, 7:28 A.M.
Holiday sales expose losers in changing market
Another holiday shopping season has passed, and though the rapid growth of online spending has been a well-told story for a number of years now, it’s worth highlighting the latest …
SUNDAY, JAN. 8, 2017, 7 A.M.
Sears, J.C. Penney seek to survive in quickly changing retail world
Once an essential part of life for American consumers, Sears is sinking. The Illinois-based retailer posted an adjusted loss of $333 million for the third quarter and will shutter 76 …
THURSDAY, JAN. 5, 2017, 5:41 P.M.
Sears sells Craftsman brand to Stanley in deal that could top $1 billion
Sears Holdings will sell its well-known Craftsman tools brand to Stanley Black & Decker, the latest in a recent flurry of moves the retailer is making to generate cash after …
THURSDAY, JAN. 5, 2017, 11:20 A.M.
Today is expected to be the biggest day ever for online returns
The shipping company says it expects to process a record 1.3 million return packages – nearly double its typical load – on Thursday, which it has dubbed National Returns Day.
THURSDAY, JAN. 5, 2017, 10:05 A.M.
Stanley to buy Craftsman brand from Sears for about $900 million
Sears Holdings Corp. agreed to sell its Craftsman tool brand to Stanley Black & Decker Inc. for about $900 million, marking Chief Executive Officer Edward Lampert’s third move in the …
WEDNESDAY, JAN. 4, 2017, 2:58 P.M.
Macy’s to close stores, cut jobs amid weak sales
Macy’s says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season. The department store chain also lowered …
WEDNESDAY, JAN. 4, 2017, 12:32 P.M.
Eugene to launch cafes for free household good repairs
The city of Eugene is considering offering free cafes where residents can get their household goods fixed.
THURSDAY, DEC. 29, 2016, 5:36 P.M.
Jan. 3 is expected to be one of the holiday season’s busiest shopping days
There’s Black Friday, Cyber Monday and Small Business Sunday. Now another frenzied affair joins the shopping line-up: Holiday Hangover Day. This year, it falls on Tuesday, Jan. 3, the day …
WEDNESDAY, DEC. 28, 2016, 1 P.M.
Online shopping makes it easier for consumers, but returns are still a hassle
E-commerce purchases can be made with little effort, but shoppers say the returns are almost never as straightforward.
WEDNESDAY, DEC. 28, 2016, 7:30 A.M.
Mayhem continues as 200 teens crash Philadelphia mall for Snapchat-planned brawl, officials say
The mayhem that has rippled through malls in more than a dozen states continued Tuesday evening, when about 200 rowdy teenagers showed up en masse at a Philadelphia mall in …
THURSDAY, DEC. 22, 2016, 11:53 A.M.
Ikea to settle for $50 million after toppled dressers kill 3 young boys
The world’s largest furniture seller, Ikea, bills itself as “The Life Improvement Store.” But after its products caused three deaths, the Swedish company will pay $50 million to the families …
THURSDAY, DEC. 22, 2016, 10:30 A.M.
Recent cold snap didn’t harm wine grapes
The recent cold weather doesn’t appear to have damaged Eastern Washington’s 48,000 acres of wine grapes.
THURSDAY, DEC. 22, 2016, 7:37 A.M.
Consumer spending growth weakened in November
Consumers slowed the growth in their spending in November and income growth was flat, two worrisome signs at the start of the holiday shopping season.
WEDNESDAY, DEC. 21, 2016, 10:54 A.M.
Wal-mart to stop selling ‘Bulletproof: Black Lives Matter’ shirts after police protest
The president of the national Fraternal Order of Police, the country’s largest police organization, on Tuesday asked Wal-Mart to stop selling T-shirts and sweatshirts which say “Black Lives Matter” and …
MONDAY, DEC. 19, 2016, 12:23 P.M.
Moscow Shop with a Cop event brings joy to Idaho children
About 15 local law enforcement officers could be seen inside the Moscow Wal-Mart on Saturday morning, and it was not because a huge crime had been reported.
SUNDAY, DEC. 18, 2016
You may loathe this frigid weather – but certain retailers love it
More than a few retail industry executives probably feel that icy chill and think, “this is terrific.”