Finance & Capital Management

Retail sales in the United States unexpectedly stalled in April as consumers pulled back in certain categories following a sharp increase in March.

Starbucks Coffee Company is moving forward with its pledge to become “resource-positive” by launching a multi-year solar program in New York State.

McDonald’s Corp. is feeling the labor crunch.

San Antonio’s The Rim, at 1.6 million sq. ft the largest power center in Texas, has been sold by the Hines Global REIT Liquidating Trust for an undisclosed sum.

Ralph Lauren Corp. is selling Club Monaco as part of its turnaround strategy to focus on its core namesake brands.

Amazon is hiring 75,000 people across its U.S. and Canadian fulfillment and logistics network as it continues to expand its footprint and keep up with increased demand.

Mall of America in Bloomington, Minn., has been without a cinema since last spring when CMX filed for bankruptcy and closed its operation in the mall.

Gap Inc. is resuming the share buybacks that it had suspended in March 2020 at the outset of the pandemic.