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Saturday, November 28, 2020

ANNE DINNOCENZIO and MICHELLE CHAPMAN AP Business Writers

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Target, like other retailers, did not have a Merry Christmas

Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains...

Strong economy does little to lift department store sales

NEW YORK (AP) — Many investors had expected department stores to enjoy robust sales over the holidays in light of a U.S. economy buoyed...

Sears to close another 72 stores as sales plunge; including in Fort Worth, Denton, Lewisville

NEW YORK (AP) — Sears will close another 72 stores as sales shrink and losses grow, an announcement that has become a familiar refrain...

Walmart sees the future and it is digital

NEW YORK (AP) — Walmart is all about online, anticipating digital sales next fiscal year will rise about 40 percent and that it will...

In the bag: Coach buying Kate Spade for $2.4 billion

NEW YORK (AP) — Coach will spend $2.4 billion for Kate Spade, tying together two premier brands in the luxury goods sector that have...

Sears has “substantial doubt” about its future

NEW YORK (AP) — Sears, once the monolith of American retail, says that there is "substantial doubt" that it will be able to keep...

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