Sears called its third-quarter results “disappointing” as losses nearly doubled from last year and revenue decreased 5%, primarily as a result of declines in domestic comparable-store sales.
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Walmart (WMT) will try to pick up its holiday sales by remaining opened on Thanksgiving. Sears (SHLD) will match that.
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Walmart, Sear…
The idea of the in-store shop has evolved from getting space on the department store’s floor and sharing marketing costs to a more formal relationship where brands lease floor space and create a shopping experience of their own…
Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here’s a look at the people who are leading retail …
Some merchants adjusted quickly to the “new normal” of penny-pinching shoppers, but others are still struggling with shrinking consumer budgets or headwinds they were fighting before the bottom fell out. Here’s a look at the tw…