US retail

The Latest

  • Walmart Will Be Closed On Thanksgiving For The First Time
    Thanksgiving shopping
    While it will be closed for Thanksgiving, Walmart has yet to detail its actual store hours for Black Friday.
  • Tailored Brands To Close Down 500 Men's Warehouse Outlets
    Men's Wearhouse
    Tailored Brands announced that it would be reducing its workforce by 20 percent and closing down 500 out of its 1,450 Men's Wearhouse outlets.
  • Nationwide Coin Shortage Hits U.S. Retailers Amid Supply Disruptions
    U.S. Coin Shortage
    U.S. gas stations, supermarkets, convenience stores, and retail outlets are reportedly running out of coins, leading some to only accept exact payments and plastic.
  • Walmart Quietly Opens New Health Insurance Business
    Walmart Insurance
    Walmart has established a company called WalmartInsurance Services LLC, which will reportedly become its new health insurance arm.
  • Bed Bath & Beyond Shares Dip Amid Store Closures And Sales Declines
    Bed Bath & Beyond
    Bed Bath & Beyond shares had dropped by a massive 23.8 percent on Thursday following the release of its latest earnings report.
  • Brooks Brothers Files For Bankruptcy Amid Work From Home Transition
    Brooks Brothers
    The 200-year-old retailer filed for bankruptcy protection in Delaware after a continued slump in demand for its shirts and suits.
  • Lucky Brand Files For Bankruptcy Protection Amid Acquisition Talks
    Lucky Brand Jeans
    Lucky Brand Jeans is the latest US retailer to buckle under the immense financial pressures caused by the global health and economic crisis.
  • GNC Shares Plunge Following Bankruptcy Protection Filing
    GNC Bankruptcy
    After filing for bankruptcy protection, GNC announced that it will be closing as many as 1,200 of its remaining 5,200 stores as it looks for a buyer.
  • Target Raises Minimum Wage For All Workers To $15 Per Hour
    Target Minimum Wage
    Apart from the $2 raise, Target will be giving hourly employees a one-time bonus of $200 each.
  • Walmart Teams Up With Shopify To Expand Online Business
    Walmart-Shopify Partnership
    Shopify stated that merchants on its platform will soon be able to list their products on Walmart's marketplace following the integration.
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