A new analysis has revealed the top 10 metro areas in the United States for “retail therapy,” with Miami-Fort-Lauderdale-West Palm Beach leading the way.
Target Corp. reported fourth-quarter sales and earnings above Street expectations amid lower markdowns and improved in-stocks, but warned of sluggish sales for the current year.
The investor group hoping to buy Macy’s and take it private has sweetened its offer after the department store retailer rebuffed its initital bid as too low.