Big Lots bankruptcy, plans sale and store closures
A Big Lots store in Los Angeles, California, US, on Saturday, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as …
Wayfair Inc
Shopify (SHOP) earnings Q2 2024
The Shopify logo is pictured outside the The Well building on Spadina Ave. in Toronto. Lance Mcmillan | Toronto Star | Getty Images Shares of Shopify popped as much as …
U.S. and Asian stocks fall; 10-year Treasury below 4%
U.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. Andreas Arnold | Picture Alliance | Getty Images This report is …
U.S. stocks fall; 10-year Treasury yield drops below 4%
A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | Afp | …
Cramer says Fed’s reluctance to cut rates added to Thursday’s sell-off
CNBC’s Jim Cramer examined Thursday’s market action, attributing the day’s brutal sell-off to the Federal Reserve’s decision to hold rates steady instead of making a cut. “To me, today’s terrible …
Amazon says distraction of Olympics, Trump shooting caused weak guide
Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon …
Wayfair (W) earnings Q2 2024
The first Wayfair brick-and-mortar store prepares to open on May 02, 2024 in Wilmette, Illinois. Scott Olson | Getty Images Online home goods company Wayfair saw sales decline in its …
Some consumers are punting big purchases like pools and mattresses
Ordini’s Best Fiberglass Pools contractors work to install a pool, which the company says have dramatically increased in sales due to COVID-19 fears, in Gilbertsville, Pennsylvania, April 26, 2021. Rachel …
Wayfair to open first large store outside of Chicago
Wayfair store in Wilmette, Illinois. Courtesy: Wayfair What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native …
NRF rejects Shein membership as retailer pursues U.S. IPO
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images Chinese-founded fast fashion behemoth Shein isn’t just working to win over …