NEW YORK (AP) — Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home. For some,...
NEW YORK (AP) — The National Retail Federation, the nation's largest retail trade group, expects that holiday sales could actually exceed growth seen in prior seasons, despite all the uncertainty surrounding the pandemic. The reason? Shoppers are looking for opportunities...
WASHINGTON (AP) — LaTonya Story is every retailer’s worst fear. With the viral pandemic re-surging through the country and the economy under threat, Story has decided to slash her holiday shopping budget. She'll spend less than $2,000 this season, down...
NEW YORK (AP) — Comparable store sales at Target soared 24. 3% in the second quarter, more evidence that big box retailers have turned them into essential points of supply during the pandemic. Target, Walmart and Home Depot have all...
JC Penney says it will cut 1,000 jobs as it tries to fight its way out from under bankruptcy protection. The company last month said it had identified just over 150 stores for closure in the first phase of a...
Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major U. S. retailers, shut down all...
WASHINGTON (AP) — Layoffs are slowing, unemployment is declining and hiring is gradually rising, suggesting that a steady rebound may be afoot in the U. S. job market. Or is it? So many uncertainties are overhanging the economy that no...
