J.C. Penney swung to an unexpected loss in its fourth quarter amid heavy holiday discounter.
Sears Holdings Co. on Thursday reported its 11th consecutive quarterly loss, posting a loss of $159 million for the fourth quarter, down from loss of $358 in the year-ago period, amid cost reductions.
According to a new survey of CEOs from PwC, 74% of retail CEOs are nervous about shifting consumer spending patterns, and 59% are nervous about the disruptive potential of new distribution channels.
Amazon.com is reportedly preparing to enter the South Korean market.
Teen retailer rue21 announced the opening of its flagship, which is located less than one mile from its corporate office.
Consumer adoption of virtual reality (VR) technology is progressing slowly, but that doesn’t mean shoppers aren’t receptive to it.
Firehouse Subs, a fast casual restaurant chain with more than 860 locations, is enacting a nationwide rollout of Apple Pay.
Pizza retailer Domino’s, which recently shortened its name from “Domino’s Pizza,” is reportedly turning to social media to promote the name change and also locate out-of-date signs.
Jay Carney, former White House press secretary for the Obama administration and current CNN analyst, has been appointed senior VP of worldwide corporate affairs for Amazon, effective March 2.
The credit card industry is lagging behind its own deadline to get more secure microchip-enabled credit cards into consumers’ wallets by October 2015.