Discount retail giant closes facility, lays off more than 300 people
A major discount retail chain is permanently closing a distribution facility in North Carolina, resu[……] Read More
Furniture retail giant makes big cuts as manufacturing shuts down
Furniture manufacturer Ashley is preparing to cut hundreds of jobs in Texas as the company consolida[……] Read More
Ross ramps up 2026 expansion as discount retail demand holds strong
Check out what’s clicking on FoxBusiness.com. Ross Stores is ramping up store growth in 2026 as[……] Read More
Mr Price defends NKD retail deal in EU amid investor concerns
Mr Price shares gained as Chief Executive Officer Mark Blair defended t[……] Read More
The Lululemon founder who invented athleisure is now the company’s harshest gadfly
Lululemon Athletica founder Dennis “Chip” Wilson left the company’s board in 2015, but he has been a[……] Read More
Amazon puts humans back in the loop as its retail website crashes from ‘inaccurate advice’ that an AI agent took from an old wiki
Amazon repurposed its regular weekly retail technology meeting Tuesday to figure out why its retail[……] Read More
Retail layoffs hit 150-year-old food company’s Texas plant
Campbell’s, the 150-year-old packaged food company known for its iconic canned soups, is cutting job[……] Read More
‘Singapore-washing’ unwinds as both China and the U.S. scrutinize corporate roots
“Guangdong’s complete industrial ecosystem and first-class business environment have made Shein’[……] Read More
106-year-old retail brand operator selling 170 stores in bankruptcy
Century-old brands are increasingly finding that nostalgia alone is not enough to survive today’s re[……] Read More
53-year-old retail chain explores selling entire business
Seeing liquidation sales and store-closing signs at once-iconic mall anchors has become a familiar s[……] Read More
Target is over being ‘an everything store,’ CEO says
The big-box retailer that sells you milk and underwear is in search of a bullseye. Target plans to r[……] Read…
Target sales, profits decline for another quarter, but shares rise on solid outlook
Target reported another quarter of declining sales and profits as it struggles to regain its footing[……] Read More