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Retail industry

Investors pitch new international basketball league that would offer players equity

Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, California, US, on...

US holiday retail sales stronger than last year with online boost, Mastercard says

Savyata Mishra  |  ReutersRetailers brace for slew of returns as holiday shopping winds downWith the holiday shopping season ending for many on Christmas, the return...

Three national chains lined up for Pekin’s East Court Village shopping center

Three new national retail chains are coming to Pekin next year.Cullinan Properties announced Tuesday that Ross Dress for Less, Marshalls, and the previously announced Five Below, will join...

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesNordstrom on Monday announced it...

Party City to close all of its stores, report says

A sign in a Party City store in Miami, Florida, on Jan. 18, 2023.Joe Raedle | Getty ImagesParty City on Friday announced it will...

Is Big Lots closing? What to know as company announces ‘going out of business’ sales

After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to...

Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Editor's note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces...

More Hong Kong shops to close, as retail shifts online

With the shopping habits of both Hongkongers and visitors to the city going through a sea change, more brands and retailers are making online...

Here’s how Google’s quantum computing breakthrough could be good news for Honeywell

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key...

The war on woke: How a gay rights index once touted by Walmart and others became a conservative target

As June's Pride Month festivities were nearing a conclusion, Tractor Supply released a statement that put LGBTQ+ rights proponents on alert.The farm-focused retailer said...

Applying this ‘$1 rule’ is the secret to guilt-free shopping, expert says. Here’s how it works

Shoppers carry their purchases on Black Friday in New York City on November 29, 2024. Adam Gray | AFP | Getty ImagesWhen Bernadette Joy graduated...

UBS names its top retail stock picks this holiday shopping season

As holiday shopping gets into full swing, several retailers are poised to outperform, according to UBS. New market research shows that U.S. consumers have...

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