Target citing crime for closing stores shows retailers are fighting an uphill battle
Target's decision to close nine of its stores in major cities, citing persistent large-scale theft at those locations is the latest signal that retailers may be struggling in their battle to contain a growing and dangerous problem.
2023-09-28 02:56
Target to shut 9 stores across 4 US states amid rising retail crime
Target said on Tuesday it would close nine stores across four U.S. states, including California, citing that theft
2023-09-27 04:26
Target says it will close nine stores in four states due to theft and organized retail crime
Target is closing nine stores across four states, claiming theft and organized retail crime are creating an unsustainable business environment.
2023-09-27 04:20
US retailers' financial losses jump as retail crime escalates - NRF
Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more
2023-09-27 01:15
China's e-commerce discount race to the bottom puts incumbents under pressure
By Casey Hall SHANGHAI Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season
2023-09-26 13:18
Exclusive-U.S. retailer holiday hiring to drop to levels last seen in 2018- report
NEW YORK U.S. retailers will hire the lowest number of seasonal workers for this holiday season since the
2023-09-16 01:46
The latest data signals the Fed will pause next week and keep future rate hikes on the table
With less than a week to go before the Federal Reserve announces its next interest rate decision, Wall Street has reviewed a bevy of economic indicators released this week.
2023-09-15 19:49
Higher gasoline prices lift US retail sales, trend slowing
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased more than expected in August as a surge in gasoline prices
2023-09-14 22:55
US retail sales, produces prices rise; jobless claims lower than forecast
NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation
2023-09-14 21:19
Asia apparel hubs face $65 billion export hit from extreme weather, study shows
By Tommy Wilkes LONDON Extreme heat and flooding could erase $65 billion in apparel export earnings from four
2023-09-13 07:25
Analysis-For retail investors, jumping on Arm's blockbuster IPO is a risky business
By Noel Randewich and Hannah Lang (Reuters) -Retail traders getting their first bite at Arm Holdings' highly anticipated public offering
2023-09-12 08:22
Commerce secretary says US has 'open lines of communication' with China
The economic relationship between the US and China is mutually beneficial and opening lines of communication is key to maintaining it, US Commerce Secretary Gina Raimondo told CNN's Dana Bash on Sunday.
2023-09-03 21:51