RALEIGH/CHAPEL HILL — More than three weeks after George Floyd died at the hands of Minneapolis police officers on Memorial Day, individuals and businesses across the country continue to pay their respects. In North Carolina, […]
BALTIMORE — U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country and further weighed […]
NEW YORK — Sandy Jensen’s customer-service job at a Sam’s Club in Fullerton, California, normally involves checking member ID cards at the door and answering questions. But the coronavirus has turned her into a kind […]
NEW YORK — Neiman Marcus has filed for Chapter 11 bankruptcy protection, the first department store chain to do so and the second major retailer to be toppled by the coronavirus pandemic. The move by […]
NEW YORK — The owner of J.Crew is filing for Chapter 11 bankruptcy just over three months after the first person in the U.S. tested positive for COVID-19. More bankruptcies across the retail sector are […]
RALEIGH — In the midst of the global panic over coronavirus, North Carolina consumers have been buying products off the shelves at a frenetic rate, pressuring retailers and their suppliers to make goods available quickly […]
Renting clothes could be the future of fashion — or it could just be a fad. But traditional retailers can no longer afford to wait on the sidelines to find out. That’s why a growing […]
NEW YORK — Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on its wool shoes. The company said Tuesday […]
NEW YORK — Sears will live on — at least for now. Its chairman and biggest shareholder, Eddie Lampert, won tentative approval for a $5 billion plan to keep the ailing, 132-year-old department-store chain in […]
CHICAGO — Toys ‘R’ Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls […]
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