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91%  
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Keyword: retail

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  • U.S. retail sales surge in May; weekly jobless claims fall

    06/14/2018 7:17:38 AM PDT · by Red Badger · 14 replies
    www.reuters.com ^ | 06/14/2018 | Staff
    Business News June 14, 2018 / 7:34 AM / Updated an hour ago U.S. retail sales surge in May; weekly jobless claims fall Lucia Mutikani 5 Min Read WASHINGTON (Reuters) - U.S. retail sales increased more than expected in May as consumers bought motor vehicles and a range of other goods even as they paid more for gasoline, the latest indication of an acceleration in economic growth in the second quarter. FILE PHOTO: A woman shops at an H&M store in New York City, U.S. December 23, 2017. REUTERS/Stephanie Keith/File Photo Other data on Thursday showed a further tightening in...
  • Toys R Us workers say they deserve severance [tr]

    06/03/2018 5:07:49 AM PDT · by C19fan · 55 replies
    Washington Post ^ | June 2, 2018 | Abha Bhattarai
    oys R Us isn’t paying severance to its 30,000 workers who will lose their jobs as the retailer shuts down, even though it doled out millions in executive bonuses a week before it filed for bankruptcy. Now, some workers are calling on lawmakers to create new rules that would require bankrupt companies backed by private-equity firms to provide compensation to their workers.
  • Dick’s Soaring Sales Prove It Can Succeed Without Assault Rifles

    06/01/2018 4:22:02 PM PDT · by Extremely Extreme Extremist · 87 replies
    CBS BOSTON ^ | 01 JUNE 2018 | AARON SMITH - CNN
    (CNN Money) — Back in February, Dick’s Sporting Goods made a bold decision to stop selling assault style rifles and high capacity magazines, and to raise the minimum age to purchase a gun to 21. Executives there braced for pain. Instead they got good news. Dick’s Sporting Goods stock price surged by as much as 27% after it reported stronger than expected quarterly sales and profit Wednesday. It’s the first measure of their decision to pull away from some guns.
  • Sears names dozens of the 72 stores it plans to close in the near future

    05/31/2018 2:19:02 PM PDT · by Red Badger · 78 replies
    CNBC ^ | 05/31/2018 | Lauren Thomas | Christina Cheddar Berk
    Sears has identified another 100 unprofitable stores. It will begin closing sales at 72 of these stores "in the near future." The retailer said it continues to evaluate its store fleet and will make further adjustments "as needed and as warranted." Sears Holdings said Thursday it will be closing more than 70 additional stores in 2018 as its sales continue to erode, dropping more than 30 percent in the latest quarter from a year ago. The retailer has identified 100 unprofitable stores in total, and it will begin closing sales at 72 of these stores "in the near future." "We...
  • Watch out for these 8 retailers — they're ready to grow in the US

    05/26/2018 5:56:37 PM PDT · by 2ndDivisionVet · 12 replies
    CNBC ^ | May 26, 2018 | Lauren Thomas
    Big brands like Toys R Us and Bon-Ton liquidating their businesses might paint a gloomy picture for the retail industry, but smaller brands say there couldn't be a better time to grow. Direct-to-consumer businesses like Bonobos and Warby Parker have paved the way from online stores to bricks and mortar. Others are following — in droves — and could help fill the glut of vacant real estate on the market in the U.S. Like Warby Parker and Bonobos, these up-and-coming brands are being cautious, opening locations at a measured pace and setting up primarily where they have large followings online....
  • Publix suspends political contributions amid statewide protests (Camera Hogg Wins)

    05/25/2018 3:23:54 PM PDT · by E. Pluribus Unum · 101 replies
    Tampa Bay Times ^ | May 25, 2018 | Steve Bousque
    The supermarket giant acknowledges its support of Adam Putnam has "led to a divide in our community." Publix, facing consumer boycotts, student protests and threats to its wholesome image for its generous support of Adam Putnam's bid for governor, announced Friday it is suspending all corporate campaign contributions immediately. The popular retailer, facing a rapidly escalating public relations crisis fueled largely by social media and the debate over guns, issued a statement at the start of the three-day Memorial Day holiday weekend acknowledging the "divide" that it has caused by its unprecedented financial support of Putnam's campaign. "At Publix, we...
  • Cramer says departure of Penney's CEO means company is doomed

    05/22/2018 11:14:15 AM PDT · by tcrlaf · 75 replies
    MSN ^ | 22MAy | Berkeley Lovelace Jr.
    Marvin Ellison's exit as CEO of J.C. Penney means the struggling department store chain can't be turned around, CNBC's Jim Cramer said Tuesday. Loading... J.C. Penney shares plunged Tuesday after Lowe's announced it is naming Ellison president and CEO, effective July 2. J.C. Penney, which has struggled to compete within the quickly changing retail landscape, told CNBC that it was informed by Ellison a couple days ago of the move. "If there was any chance [of a turnaround], I think you would stay," Cramer said on "Squawk on the Street." "Because it would obviously be such a kick in the...
  • Completely Surreal Photos Of America's Abandoned Malls

    05/22/2018 9:41:04 AM PDT · by 2ndDivisionVet · 94 replies
    Buzzfeed ^ | April 2, 2014 | Matt Stopera
    Dead malls are popping up all over the states, particularly in the Midwest, where economic decline has sped up the "going out of business" process. This map, put together by a Dead Malls Enthusiasts Facebook group, shows that well. As Americans are faced with multiple shopping options and more stores are leaving malls, it should be interesting to see if malls and mall culture will survive. What you are about to see is what happens when malls are abandoned. It's apocalyptic and really, really creepy....
  • Costco turned away money to their Children's Miracle Network fund - it was from a gun company

    05/13/2018 7:03:29 PM PDT · by doug from upland · 58 replies
    Twitter ^ | 5-2018
  • Dick’s Sporting Goods feeling bottom-line pinch from P.C. gun control

    05/13/2018 10:03:06 AM PDT · by MtnClimber · 71 replies
    Washington Times ^ | 11 May, 2018 | Cheryl K. Chumley
    Dick’s Sporting Goods has just lost a ton of business due to its politically correct gun control move, post-Parkland school shooting. O.F. Mossberg & Sons Inc., which owns Mossberg guns, announced they would no longer deal with Dick’s. And that was just after MKS Supply, the maker of Hi-Point firearms, and Springfield Armory pulled business from Dick’s as well. The backlash is hardly surprising. Mess with Americans’ guns and Americans will use their voices — via purchasing power — to mess back. Dick’s made a sorry misstep in the wake of the horrific Parkland shooting by announcing the end of...
  • National Shooting Sports Foundation Just Expelled Dick’s Sporting Goods Over Gun Control Lobbying

    05/05/2018 6:54:50 AM PDT · by aomagrat · 60 replies
    The Federalist ^ | Mai, 4 2018 | Sean Davis
    The nation’s largest firearms trade association expelled Dick’s Sporting Goods on Friday morning, citing the retailer’s decision to hire multiple gun control lobbyists. The vote to expel Dick’s from the National Shooting Sports Foundation, or NSSF, was unanimous, the group said in a press release issued Friday morning. “The National Shooting Sports Foundation® (NSSF®), the trade association for the firearms, ammunition, hunting and shooting sports industries, Board of Governors today unanimously voted to expel Dick’s Sporting Goods from membership for conduct detrimental to the best interests of the Foundation,” the group announced.
  • Springfield Armory Severs Ties with Dick’s Sporting Goods.

    05/04/2018 8:44:39 AM PDT · by TexasGurl24 · 30 replies
    GunsgearDaily ^ | 05/03/2018 | David Bronson
    Springfield Armory® Severs Ties with Dick’s Sporting Goods Springfield Armory announces its decision in response to Dick’s Sporting Goods’ attempts to deny Second Amendment freedoms GENESEO, IL, (05/03/18) – Springfield Armory is severing ties with Dick’s Sporting Goods and its subsidiary, Field & Stream, in response to their hiring a group for anti-Second Amendment lobbying. This latest action follows Dick’s Sporting Goods’ decision to remove and destroy all modern sporting rifles (MSR) from their inventory. In addition, they have denied Second Amendment rights to Americans under the age of 21. We at Springfield Armory believe that all law abiding American...
  • A Farewell to Carson's, and the Assignment of Blame

    04/20/2018 6:13:02 PM PDT · by jfd1776 · 67 replies
    Illinois Review ^ | April 20, 2018 A.D. | John F. Di Leo
    For over a century, Chicagoans grew up with a signature memory: special days downtown, shopping at Marshall Field’s and Carson’s, the great rival retail giants down the block from each other on State Street. (shown here: Carson's longtime downtown landmark by Louis Sullivan, sold off years ago). Smaller stores came and went, but Field’s and Carson’s were the giants, the dominant figures in Midwestern retail for generations. Macy’s bought out the struggling Field’s chain over a decade ago and cremated the brand name while keeping the stores. Carson, Pirie, Scott & Co. wasn’t so lucky; its current holding company, Bon-Ton,...
  • Black man demands free Starbucks coffee as ‘reparations’ — white barista immediately complies

    04/19/2018 8:18:53 AM PDT · by SeekAndFind · 105 replies
    American Mirror ^ | 04/19/2018 | Olaf Ekberg
    A white Starbucks barista probably violated company policy when she handed over a free coffee to a black man who demanded it in the name of race “reparations.” Bryan Sharpe, who goes by “Hotep Jesus” on Twitter, filmed himself going into a Starbucks store to demand a “free coffee” because they’re “racist.” __________________________________________________ Starbucks is racist https://t.co/fPf3ERMlXX — Hotep Jesus 🧠 (@VibeHi) April 15, 2018 __________________________________________________ “I heard ya’ll was racist, so I came to get my free coffee,” Sharpe says in the video to the white barista taking his order. “I saw that!” the girls responds. “I heard you...
  • Dick's Sporting Goods to destroy all unsold firearms pulled from shelves after Parkland shooting

    04/17/2018 1:23:53 PM PDT · by servo1969 · 85 replies
    Fox News ^ | Kathleen Joyce
    Dick’s Sporting Goods announced on Monday it will destroy all of the unsold firearms it pulled off store shelves in February after the deadly Parkland school shooting. The sports retailer decided to destroy the assault-style rifles instead of returning them to the manufacturer, the Pittsburgh Post Gazette reported. On Feb. 28, 2018, the Pittsburgh-based company announced it would immediately stop selling assault-style rifles and ban the sale of all guns to anyone under 21. It was not immediately clear how many firearms will be destroyed. “We are in the process of destroying all firearms and accessories that are no longer...
  • What Will Dick’s Do With Those Rifles and Magazines They Won’t Sell? They’re Destroying Them.

    04/15/2018 12:41:35 PM PDT · by Simon Green · 172 replies
    The Truth About Guns ^ | 04/15/18 | John Boch
    Dick’s Sporting Goods has announced plans to destroy the modern sporting rifles, magazines and accessories they pulled from their shelves in recent weeks. That’s the word from a corporate spokesperson asked about pallets of inventory removed from displays nationwide. The sporting goods dealer’s mouthpiece said the firearms would be destroyed at regional distribution centers and the parts sent to a salvage yard for recycling. Dick’s made the arbitrary policy change, deciding against selling America’s favorite rifle along with standard capacity magazines and other accessories amid a frenzy of post-Parkland corporate virtue signaling. The beleaguered company‘s CEO, Ed Stack, also decided...
  • Sears to close last store in Chicago [its home market]

    04/12/2018 4:03:08 PM PDT · by foreverfree · 85 replies
    Chicago Tribune ^ | 4/12/18 | Chicago Tribune staff
    Sears, based in Chicago for more than a century and now facing mounting troubles, is closing its last store in the city. Employees at the store at Six Corners, on the edge of the Portage Park neighborhood, were told of the closure Thursday morning, spokesman Howard Riefs said in an email.
  • Outraged shoppers threaten to boycott Target (trunc)

    04/06/2018 8:36:23 PM PDT · by rockinqsranch · 36 replies
    Tech Insider ^ | 4/6/18 | Hayley Peterson
    Evangelist Franklin Graham slammed Target for the incident in a Facebook post on Wednesday and urged his more than 6.7 million followers to boycott the company in response. In the post, Graham blamed the incident on the company's bathroom policy, which was changed two years ago to allow transgender customers to use any bathroom or fitting room that matched their gender identity.
  • Perv Exposes Himself to Little Girl in Target Gender-Neutral Restroom in Chicago

    04/06/2018 7:07:01 AM PDT · by SeekAndFind · 34 replies
    PJ Media ^ | 04/06/2018 | Debra Heine
    Police are looking for a man who exposed himself to a child in a Chicago Target women's restroom last week, prompting some to blame the store's gender-neutral bathroom policies for the crime. Hey @Target! We told you https://t.co/98V0XDhevb — Jaihawkk (@Jaihawkk) April 5, 2018 According to Chicago police, a mother entered the bathroom with her young daughter. A man, insisting that he needed to use the restroom too, went into the women's room soon afterward. The sicko pushed into the stall where the little girl was, exposed his genitals, used the facility, and then fled the scene, police said. He...
  • Walmart's appeal is gaining among Democrats

    03/30/2018 6:55:30 AM PDT · by Oldeconomybuyer · 61 replies
    CBS "News" ^ | March 30, 2018 | By AIMEE PICCHI
    A funny thing happened to Walmart during the past five years: The retailer -- known for its Arkansas roots and its red-state appeal -- has made inroads with left-leaning shoppers. A majority of shoppers who identify as Democrats now say they would consider shopping at Walmart, a shift from just five years ago when slightly more than four out of 10 said they would buy from the store. Democrats also say they now view Walmart in a positive light, while five years ago their perception was negative. Walmart has also increased its workers' pay and spoken out against anti-gay laws,...