Holiday sales to rise 1.0% to 2.6% but over a longer period than in years pastThe traditional November to December holiday shopping season is meaningless this year — and perhaps forever. Ann Taylor parent sells Catherines for $40.8 millionAscena Retail Group Inc., whose banners include Ann Taylor, Loft and Lane Bryant, is selling its plus-size Catherines brand for more than double what it was originally offered. Amazon makes first Climate Pledge Fund investments Five sustainable technology companies are the initial recipients of distributions from a $2 billion venture investment program overseen by Amazon. Leading U.S. economic index edges down in August The economic recovery may be starting to lose steam. Tiffany, LVMH take shots at each other The battle between Tiffany & Co. and French global luxury giant LVMH continues to heat up. Retail sales cool in August as extended unemployment benefits expire Consumer spending slowed in August as some federal relief measures, including the $600 weekly unemployment subsidy, ended in July. L Brands in joint venture to save Victoria’s Secret U.K. A British retailer has acquired a majority stake in Victoria’s Secret bankrupt UK business. Kohl's to cut 15% of corporate workforce Kohl's Corp. is eliminating corporate jobs to cut costs. Deloitte: Holiday sales to inch up 1% to 1.5% amid ‘unparalleled uncertainty’ Holiday sales growth this year will largely depend on how much wealthy households splurge and how a range of different pandemic-related factors play out. Francesca's exploring options; raises doubt about ‘ability to continue’ Francesca's Holdings Corp. issued a “going concern’’ warning as it swung to a second-quarter loss amid a 29% decrease in sales. First Previous 311 312 313 314 315 Next Last
