• Sephora Dec 1, 2020

    Sephora to Take Over Cosmetics in Kohl's Stores

    Sephora will be replacing all cosmetics areas at Kohl’s with 2,500 square foot shops, starting with 200 locations in the fall of year

  • holidays Nov 30, 2020

    Kohl's to Donate $5 Million in Grants to North Texas Food Bank, Other Nonprofits Nationwide

    The North Texas Food Bank was given a $60,000 grant from Kohl’s as part of the company’s “A Community with Heart” program.

  • coronavirus Mar 31, 2020

    Macy's, Kohl's, Gap to Furlough Majority of Their Workers

    Macy’s, Kohl’s and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.

  • Donald Trump Aug 25, 2019

    ‘China Is Not Paying for It': Trump Tariff Hike Hits Everyone From Beer Brewers to Book Publishers

    They brew beer, make musical instruments, publish children’s books and design headphones. Their industries are diverse, but they all have something in common: They represent American small and medium-sized businesses that rely on China either for production or essential equipment. And they are dreading President Donald Trump’s latest round of tariffs in a trade war that reached new intensity on...

  • United States Jun 27, 2019

    Amazon Adds New Option: Buy on Amazon, Pick Up at Rite Aid

    Amazon is adding a new way to get your packages: head over to another store’s sales counter to pick it up. Starting Thursday, Amazon shoppers will be able to fetch their orders at more than 100 Rite Aid stores across the United States. It will expand to 1,500 Rite Aid locations by year-end. And Amazon said it’s looking to bring...

  • Amazon Mar 7, 2019

    Amazon to Close All Its Pop-Up Shops

    Amazon said Wednesday that it will shut down all its pop-up shops and focus on opening more of its bookstores as it rethinks its brick-and-mortar strategy. The online retail giant has 87 pop-up shops in malls, Whole Foods grocery stores and Kohl’s department stores that sell Amazon’s Echo voice-activated devices, Kindle tablets and other gadgets.

  • CEO Feb 28, 2019

    JC Penney Closes More Stores After a Weak Holiday Season

    J.C. Penney is closing more stores following weak holiday sales season for the retailer. Net income tumbled nearly 70 percent, and a key measure for health dropped 4 percent in the fourth-quarter, the most crucial period of the year for retailers who bank on strong holiday sales.

  • retail Jan 11, 2019

    Department Stores Are ‘Fighting for Their Lives,' Says Ex-Target Exec Gerald Storch

    Macy’s disappointing holiday sales are less about the consumer and more about department stores’ relevance these days, former retail CEO and Target executive Gerald Storch told CNBC on Thursday. Macy’s reported weak holiday sales and cut its 2018 earnings outlook on Thursday morning, sending its shares and others tumbling. “Traditional department stores are fighting for their lives in an Amazon...

  • CEO Dec 29, 2018

    US Retailers Hope Higher Pay Will Buy More Efficient Workers

    America’s retailers, struggling to fill jobs, have been raising pay to try to keep and attract enough employees. Now, some stores want something in return: A more efficient worker. To that end, retailers, fast food restaurants and other lower-wage employers are boosting investment in technology and redesigning stores. Walmart is automating its truck unloading to require fewer workers on loading...

  • director Nov 27, 2018

    Cyber Monday Sales Break Record, With $7.9 Billion Spent Online, Adobe Analytics Says

    Cyber Monday sales this year surged to new highs, with a record $7.9 billion spent online that day, an increase of 19.3 percent from a year ago, according to data from Adobe Analytics. Though foot traffic at some malls and stores was down over the holiday weekend, more and more shoppers have been turning to the internet to hunt for...

  • director Nov 25, 2018

    Black Friday Pulled in Record $6.22B in Online Sales

    More shoppers turned to the internet for deals to kick off the holiday shopping season, new data showed Saturday, buying everything from apparel to flat-screen TVs and spending record amounts in the process. Black Friday pulled in $6.22 billion in online sales, up 23.6 percent from a year ago and setting a new high, according to Adobe Analytics, which tracks...

  • New York Nov 23, 2018

    From the Cozy to the Gross, Here are 4 Holiday Shopping Trends to Watch

    Cozy sweaters and soft pajamas are in for adults. Kids, meanwhile, are asking for board games featuring fake poop and pimples. Those are just some of the trends expected this holiday season, when shoppers are projected to spend as much as $720 billion, according to the National Retail Federation. Here’s what to expect.

  • director Nov 23, 2018

    Thanksgiving Day Deals Could Be Stealing Black Friday's Thunder

    Shoppers pulled out their phones and shopped on Thanksgiving Day to spend more than they ever have before on Turkey Day, potentially stealing some of Black Friday’s thunder. Sales online Thanksgiving Day totaled $3.7 billion, up 28 percent from a year ago, Adobe Analytics said in a report. That makes Thursday the fastest-growing day for e-commerce sales in history, added...

  • Macy's Nov 23, 2018

    In Era of Online Retail, Black Friday Still Lures Shoppers to Stores

    It would have been easy to turn on their computers at home over plates of leftover turkey and take advantage of the Black Friday deals most retailers now offer online. But across the country, thousands of shoppers woke up before dawn the day after Thanksgiving and brought their mobile devices with them to take part in this most famous ritual...

  • CEO Nov 14, 2018

    Big Question for Amazon's 2 Chosen Cities: Will It Pay Off?

    The awarding of Amazon’s second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost? Amazon’s decision will bring to Arlington, Virginia, and the Long Island City section of New York a combined 50,000 jobs and $5 billion in investment over the next...

  • CEO Nov 14, 2018

    A Look at Amazon's Empire, From Audible to Whole Foods

    Amazon is hard to escape. Whether you’ve bought shoes at Zappos, picked up milk at Whole Foods or listened to an audiobook on Audible, you’ve been caught up in Amazon’s growing web of businesses. And now, Amazon’s sprawling empire will stretch even further. The company announced Tuesday that it will open two more bases outside of its Seattle headquarters: one...

  • United States Nov 28, 2018

    Target Plans to Open Its Doors at 5 p.m. on Thanksgiving, One Hour Earlier Than Last Year

    Target on Thursday said it will open its doors earlier on Thanksgiving this year, as it expects throngs of shoppers to head to its stores across the U.S. after an early turkey dinner to shop its deals. The retailer will open at 5 p.m. on Thanksgiving and close at 1 a.m., then reopen on Black Friday at 7 a.m. Last...

  • NBCUniversal Inc. Oct 3, 2018

    J.C. Penney Names Former Exec of Jo-Ann's as CEO

    J.C. Penney has named Jill Soltau as the new CEO. The department store chain, which is based in Plano, Texas, is still struggling despite a stronger economy that has lifted sales at its peers like Macy’s and Kohl’s. Dallas Morning News Reporter Maria Halkias joins us to discuss.

  • Associated Press Oct 3, 2018

    J.C. Penney Names Former Exec of Jo-Ann's as CEO

    J.C. Penney has named Jill Soltau, who most recently served as president and CEO of fabric and crafts chain Jo-Ann Stores, to be its next CEO, effective Oct. 15.

  • texas Oct 3, 2018

    J.C. Penney Names Former Exec of Jo-Ann's as CEO

    J.C. Penney has named Jill Soltau, who most recently served as president and CEO of fabric and crafts chain Jo-Ann Stores, to be its next CEO, effective Oct. 15. Soltau, a 30-year retail veteran, succeeds Marvin Ellison, who resigned this past summer to take the top job at home improvement chain Lowe’s after less than four years at the helm....

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