RadioShack says it has inked deals with a group of investors to restructure part of its debt and access funds, moves aimed at giving the struggling consumer electronics retailer more financial breathing room.
Target stores are asking customers to leave their guns at home. This comes in the wake of photos showing gun activists carrying long guns, slung over their shoulders, inside a Mansfield store.
You’ll probably start scrutinizing your shopping receipts a little more closely after you hear what happened to the CBS 11 I-Team. A popular retail store repeatedly overcharged us on typical household items we thought we were buying on sale.
Ares Management and a Canadian Pension said that they are buying the luxury chain Neiman Marcus for $6 billion. The deal is expected to be finalized in the fourth quarter.
Luxury retailer Neiman Marcus plans to raise up to $100 million from an initial public offering of its common stock. That amount is likely to change, though, as bankers gauge investor interest.
From the company that brought you the not-for-the bashful “push-up triangle” swimsuit top, retailer Abercrombie & Fitch is once again catching heat. The latest controversy surrounds their sizing policy for women.
For the second time, a high-end department story is shutting its doors in Dallas.
J.C. Penney & Co.’s stock is one of the market’s biggest decliners Thursday after the department store chain said that it expects its financial struggles to continue during the second half of the year.
Toys R Us is making it easier for shoppers to use its layaway program ahead of the crucial holiday season, waiving its service fee and minimum purchase requirement beginning Tuesday.
J.C. Penney Co. says Chief Financial Officer Michael Dastugue will leave the company Friday in the wake of a broader shakeup of the department store operator’s business.
As J.C. Penney Co. aims to re-invent itself, it’s hoping a famous former employee can help out. Talk-show host Ellen DeGeneres will make store appearances and star in a new TV ad campaign.
There are reports out today that thousands of JCPenney workers could soon be in the unemployment line. The company is said to be, “slashing thousands of jobs nationwide.”