News

Thirty retailers earned a perfect score on this index

Some of the nation's leading retail chains are among the businesses making strides when it comes to inclusion and equality.
Hurricanes bite into Kohl's Q3 profit, but same-store sales rise

Kohl's Corp.'s profit took a hit in the third quarter amid higher costs and the impact of three hurricanes.
Activist investor takes increased stake in Macerich

An activist hedge fund has purchased a 5% stake in Macerich, according to a CNBC report, sending the company’s shares up 12% and fueling talk it could push for a sale of the mall owner.
Nordstrom profit up but a key metric falls

Nordstrom Inc. swung to a profit in its third quarter and topped expectations, but its same-store sales fell as hurricanes affected store traffic in Puerto Rico, Florida, and Texas.
Toys ‘R’ Us appoints company veteran as executive VP, general counsel

The nation’s largest toy retailer named a 10-year company veteran to the position of executive VP and general counsel.
Two fast-casual restaurant brands reunited in acquisition

Panera Bread is buying a brand it once owned. And it's also getting a new CEO.
Sears may sell off 140 more stores to fund pensions

With its revenue continuing to slide, beleaguered Sears Holdings Corp. has entered into a deal that will allow for another round of store closures.
Analysis: Tapestry in period of transition—better numbers will come

A new fiscal year brings a new name for the company previously known as Coach.