San Francisco lawmakers want to let city residents sue grocery stores
A pair of progressive San Francisco lawmakers are pushing a bill that would allow residents in the crime-ravaged city to sue grocery stores that close up shop if they don’t…
Kim Kardashian’s Skims leases space on NYC’s Fifth Avenue
Kim Kardashian’s popular shapewear brand Skims has leased a 20,000-square-foot space on New York City’s coveted Fifth Avenue for at least 75% less than what was paid by the last…
Nike cutting back on classic shoes after losing market share to newer rivals
Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest sportswear maker scales back on…
Nordstrom shares jump as founding family seeks to take retailer private: sources
The founding family behind Nordstrom is seeking to take the department store operator private, six years after a similar attempt proved unsuccessful, people familiar with the matter said Tuesday. The…
Arkhouse, Brigade raise Macy’s buyout bid to $6.6B
Arkhouse Management, a real-estate-focused investing firm, said on Sunday it and Brigade Capital Management have raised their offer for Macy’s after the department store chain rebuffed their prior proposal as…
Build-A-Bear’s ‘after dark’ sexy animals sparks outrage
This is em-bear-assing. Build-A-Bear’s stuffed animals targeting “kidults” — with some dressed in bikinis and others wearing a Hugh Hefner-style robe while pouring champagne — has led some critics to…
Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass
Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks…
Gucci owner pays nearly $1B to scoop up tower on red-haute Fifth Avenue
The owners of Gucci on Monday bought a prime Fifth Avenue retail property for a whopping $963 million — and it could mean the boot for rival fashion house Armani…
How much do Walmart managers make
Walmart announced Thursday that its U.S. store managers will get a raise in February, increasing the average hourly wage at the superstore to more than $18. Beginning on Feb. 1,…
81% of retailers charge fee to send back items
The days of shoppers sending back unwanted or ill-fitting items for free are basically over as the holiday gift-giving season gives way to the gift-returning season. More than four in…