The CEO of outdoor gear retailer REI is stepping down in the wake of an inquiry into a relationship that appeared to be a conflict of interest.
Author: Charisse Jones, USA TODAY
For retailers who say “no cash,” Philadelphia says no dice: bill bans cards only
Philadelphia’s city council voted to require most local businesses to accept cash as payment, pushing back on a growing trend that asks for cards only
Sears’ controversial ex-chairman closes deal to buy the company, keeping 425 stores open
Sears’ controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. 425 Sears and Kmart stores will remain open.
Opera? Pop? Mastercard debuts new melody that will sound whenever, wherever you buy
Mastercard is debuting a signature melody that shoppers will eventually hear every time they complete a purchasein person, via speaker, and online
Saks says this isn’t your grandma’s department store: Prada, Valentino get new home
Saks Fifth Avenue is debuting a new main floor, focused on leather goods, that is part of a $250 million effort to recreate the department store
Adidas pulls all white sneaker created for Black History Month in wake of Twitter backlash
Adidas pulls sneaker it was selling in honor of Black History Month, after the all white running shoe was slammed on Twitter for being tone deaf.
Sears bid challenged by creditors who say chairman stripped company to enrich himself
Saying Sears Holdings chairman Eddie Lampert engaged in a years long “scheme” to strip the company bare, creditors are challenging his bid to buy it
Sears Chairman Eddie Lampert revises his bid to save the company, report says
Amid an auction of its assets, Sears chairman Eddie Lampert has tweaked his bid for the beleaguered retailer according to Bloomberg
Chinese companies selling on U.S. sites will be able to get paid in yuan instead of dollars
Chinese companies will soon be able to get paid in yuan instead of dollars when selling products through U.S. online sites, according to Reuters
Chico’s will close at least 250 stores to better compete in the age of Amazon
Chico’s says it will close at least 250 stores to better compete amid a retail landscape roiled by the rise of online shopping and fast fashion