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Business and Entrepreneurship

Saks Acquires Neiman Marcus, Amazon Invests in Saks Global

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Saks Fifth Avenue and Neiman Marcus are merging to create a luxury retail network — and Amazon...
Stock Market

Target saw strong foot traffic in 2023 but a sharp dip in January, research says

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Target Corp., which reports its...
Stock Market

Investor group raises Macy’s buyout bid by nearly $1 billion

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Arkhouse Management and Brigade Capital...
Stock Market

Dow companies made bigger-than-normal adjustments to profits in Q4

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When public companies tell the...
Stock Market

Shoplifting gave Macy’s an ‘excuse’ to close its San Francisco store, union says

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Macy’s Inc.’s decision to close...
Stock Market

Macy’s to close 150 stores as part of plan to boost growth and revitalize brand

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Shares of Macy’s Inc. fell...
Stock Market

Clothing and electronics retailers report this week, analyst caution endures

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Over the past two years, clothing and electronics haven’t exactly been a big priority for shoppers, as they try to cover higher-priced groceries...

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