Amazon plans $11 billion investment in Indiana data centersThe Amazon Web Services (AWS) cloud computing division of Amazon is making the largest capital investment in Indiana’s history. New overtime rule raises salary level in two phases, with first set for July 1, 2024The Department of Labor (DOL) has released its long-awaited final overtime rule that raises the salary thresholds for overtime exemptions. Foxtrot, Dom’s Kitchen & Market abruptly close all stores A company that was formed less than a year ago has shuttered all its stores and is apparently going out of business. FTC acts to block Coach parent’s acquisition of Michael Kors owner Capri Holdings The Federal Trade Commission wants to stop a $8.5 billion blockbuster luxury retail acquisition. Walmart-backed fintech reportedly launches buy now, pay later offering A fintech startup whose lead investor is Walmart reportedly now offers buy now, pay later (BNPL) services at Walmart stores. Hibbett to be acquired in $1.1 billion deal Athletic-inspired fashion retailer Hibbett is being acquired by JD Sports Fashion plc. Kroger, Albertsons look to save merger deal by selling more stores The Kroger Co. and Albertsons Cos. are expanding the number of stores they plan to sell in a bid to gain regulatory approval for their long-delayed $25 billion merger. Express files for bankruptcy; to close more than 95 stores Express, Inc. has filed for bankruptcy with plans to sell itself. comScore: Online retail sales break record with $1.3 trillion in 2023 U.S. consumers continue to spend more online, via both desktop and mobile. Big Lots enhances liquidity, adds borrowing capacity Big Lots has increased its borrowing capacity by up to $200 million. First Previous 4 5 6 7 8 Next Last