Analysis: New tariffs will bring ‘pain’ to retail and consumersThe new tariffs are bad news for the retail sector, especially as the latest round seems to extend the tax to a vast array of consumer goods. Retailers unhappy with swipe fees settlement, saying it doesn’t go far enoughIt is the largest-ever class-action settlement of a U.S. antitrust case. Henri Bendel to go out of business The upcoming holiday season will be the last one for upscale specialty retailer Henri Bendel, which has been in business for 123 years. Consumers cut back on spending in August American shoppers reined in their spending in August, but just a bit. Done deal as Jamba Inc. goes private Focus Brands is officially juiced up. Staples makes $996 million deal Staples has won the battle for office and workplace supplies company Essendant Inc. Walmart expands last-mile delivery capabilities with new acquisition Walmart is enhancing its online grocery delivery capabilities south of the border. Sears Q2 loss widens; hints at more store closings Sears Holdings Corp.’s revenue dropped 25% in the second quarter as the chain continues to shrink its footprint. These retailers are the biggest winners with exit of Toys 'R' Us With the holiday shopping season looming, retailers are jumping in to fill the void left by the demise of Toys “R” Us — but two rivals are the clear winners. Kroger Q2 mixed as profit tops Street, but sales come up short Kroger Co.’s second quarter profit topped estimates, but its sales came in below estimates amid ongoing intense competition in the grocery sector. First Previous 467 468 469 470 471 Next Last
