Stories tagged: retail
Wed., Aug. 23, 2017, 9:44 a.m.
Whole Foods shareholders voted Wednesday to bless a $13.7 billion union with Amazon that the organic grocery chain’s CEO had called “love at first sight.”
Wed., Aug. 23, 2017, 8:07 a.m.
Lowe’s second-quarter profit got a boost from the sales of an Australian joint venture, but its performance was weak by most measures in a vibrant housing market, and its profit …
UPDATED: Tue., Aug. 22, 2017, 9:42 a.m.
McDonald’s India has announced it will close nearly 170 McDonald’s outlets in northern and eastern India after the American fast food giant decided to terminate a franchise agreement with its …
Mon., Aug. 21, 2017, 7:50 a.m.
The nation’s business economists believe that the Federal Reserve’s long-awaited move to start reducing its massive bond holdings will push long-term bond rates higher but most think the impact will …
Mon., Aug. 21, 2017, 7:31 a.m.
Herbalife says that it was in talks to be acquired and taken private, but that those negotiations ended last week.
UPDATED: Wed., Aug. 16, 2017, 4:50 p.m.
Universal Athletic Service, a supplier of uniforms and sports equipment, opens Spokane Valley office
Universal Athletic Service, a sporting goods company headquartered in Bozeman, Montana, has opened a Spokane Valley office.
UPDATED: Tue., Aug. 15, 2017, 11:09 a.m.
Consumers went out shopping in a big way in July, pushing up retail sales by the largest amount in seven months.
UPDATED: Thu., Aug. 10, 2017, 8:16 p.m.
Macy’s, Kohl’s and Dillard’s all said Thursday that a key sales figure fell again in the latest quarter as customers increasingly shop online, at discount stores and elsewhere. Nordstrom, the …
Wed., Aug. 9, 2017, 8:28 a.m.
Oprah Winfrey is headed to the supermarket aisle with her own line of refrigerated soups and side dishes.
UPDATED: Thu., Aug. 3, 2017, 5:18 p.m.
FedEx will forego special charges for most packages shipped during the chaotic holiday season this year as it squares off against rival UPS in a fight for a larger share …
UPDATED: Wed., Aug. 2, 2017, 4:57 p.m.
One of the region’s last Ben Franklin stores is closing. The retailer in Oldtown, Idaho, has begun liquidating its merchandise, and sales will continue until the store is cleared out.
UPDATED: Wed., Aug. 2, 2017, 4:34 p.m.
Amazon is holding a giant job fair Wednesday and plans to make thousands of job offers on the spot at nearly a dozen U.S. warehouses.
UPDATED: Tue., Aug. 1, 2017, 10:39 a.m.
Consumer spending slowed in June as income growth turned in the weakest performance in seven months.
UPDATED: Tue., July 18, 2017, 2:19 p.m.
The U.S. Department of Justice says the Safeway grocery store chain has agreed to pay $3 million to settle allegations of lax controls at its pharmacies.
Mon., July 17, 2017, 9:34 a.m.
Two people were hacked to death and another nine injured by a man wielding a meat cleaver inside a Walmart store in China’s southern manufacturing hub of Shenzhen, police in …
Mon., July 17, 2017, 8:12 a.m.
A McDonald’s promotion for free ice cream cones to celebrate National Ice Cream Day went awry over a glitch with the fast food giant’s mobile app.
Mon., July 17, 2017, 8:09 a.m.
Nelson Peltz’s Trian Fund Management began a proxy fight to win a board seat at Procter & Gamble, characterizing the maker of detergents and diapers as a lumbering giant whose …
Fri., July 14, 2017, 9:45 a.m.
Americans curtailed their shopping in June, with less spending at restaurants, department stores and gasoline stations. The spending pullback came despite a healthy job market and suggests that economic growth …
UPDATED: Thu., July 13, 2017, 8 p.m.
More and more Americans are embracing a trend that labor groups have come to fear: We are shopping online now about as often as we take out the trash.
Mon., July 10, 2017, 12:54 p.m.
American consumers increased their borrowing in May at the fastest pace in six months, reflecting a sharp rebound in the category that includes credit cards.
Mon., July 10, 2017, 7:44 a.m.
Abercrombie & Fitch is no longer up for sale, and that isn’t sitting well with investors who were looking for a white knight to rescue the struggling teen retailer.
UPDATED: Fri., July 7, 2017, 6:32 p.m.
Struggling department store chain Sears says it’s closing even more stores as it tries to turn around its business, and the Kmart in Coeur d’Alene is one of those that …
Thu., July 6, 2017, 7:55 a.m.
QVC’s parent company will buy the rest of Home Shopping Network for about $2.6 billion in a stock deal, combining two of the most well-known home-shopping hubs.
Wed., July 5, 2017, 11:26 a.m.
U.S. antitrust regulators have ended their investigation into Bass Pro Shops’ $4 billion deal to buy Cabela’s, Cabela’s said Wednesday.
Wed., July 5, 2017, 11:12 a.m.
Upscale jeans maker True Religion Apparel Inc. said Wednesday that it filed for bankruptcy reorganization, making it the latest Southern California apparel firm to falter as people embrace online shopping.
Tue., July 4, 2017, 8:22 a.m.
Recreational marijuana sales have exceeded the expectations of Las Vegas area store owners, who have seen long lines outside their dispensaries since Saturday, when Nevada became the fifth state with …
Mon., July 3, 2017, 12:54 p.m.
Just in time for Fourth of July barbecues, Wal-Mart has upgraded its beef to certified Angus across the U.S. as the fight for food shoppers’ cash intensifies.
Mon., July 3, 2017, 10:58 a.m.
Dubai-based Souq.com, the Middle East’s biggest online retailer, says its sale to Amazon has been completed.
UPDATED: Fri., June 30, 2017, 9:59 p.m.
Nike said it will sell some of its sneakers through e-commerce giant Amazon, part of a plan to make its swoosh-branded products available in more places online.
Tue., June 27, 2017, 8:21 a.m.
The owners of Eddie Bauer, the Bellevue-based active outdoor apparel company, are reportedly exploring a sale of the company.