Thieves find new source for stolen goods: Delivery trucks and...

Thieves discover new supply for stolen items: Supply vans and…

Pictures from video present emptied packing containers alongside rail tracks in Los Angeles after thieves broke into Union Pacific cargo trains. Supply: NBC4 | Los Angeles As an alternative of shoplifting from shops, some thieves are zeroing in on one other goal: Trains and supply vans stuffed with packages on the best way to prospects’ […]

Retail industry presses ahead with conference, tries to nudge normalcy

Retail business presses forward with convention, tries to nudge normalcy

Guests enter the venue at The NRF 2020 Imaginative and prescient: Retail’s Large Present, held in New York, the USA, Jan. 12, 2020. Wang Ying | Xinhua Information Company | Getty Pictures “The Large Present will go on,” stated Nationwide Retail Federation President Matt Shay on Monday. And on Friday, at the same time as […]

Employers likely hired more workers and boosted wages in November

Inflation fuels vacation on-line gross sales to file $204 billion: Adobe

A employee strikes packing containers of products to be scanned and despatched to supply vehicles throughout operations on Cyber Monday at Amazon’s success middle in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Gross sales on-line through the vacation season rose practically 9% to a file $204.5 billion, Adobe Analytics mentioned on Wednesday, […]

Russell Wilson, Ciara's House of LR&C is opening its first pop-up store

Russell Wilson, Ciara’s Home of LR&C is opening its first pop-up retailer

A trend start-up co-founded by singer and entertainer Ciara, NFL quarterback Russell Wilson and former Lululemon CEO Christine Day is making ready to open its first brick-and-mortar store. The House of LR&C, which launched on-line in 2020, will open a pop-up close to its Seattle headquarters in early February, Day stated in an interview, with […]

Retailers begin reporting earnings, with delta variant a big wild card

Retailers begin reporting earnings, with delta variant a big wild card

Merchants on the ground of the New York Inventory Change. Supply: NYSE Retail earnings have by no means been higher, however the delta variant stays the wild card. In concept, it is a golden second for retailers, which start reporting earnings this week. Contemplate the next: The patron is flush. The American shopper has by no […]

Nordstrom hires AlixPartners to review potential Rack spinoff, report says

Nordstrom hires AlixPartners to review potential Rack spinoff, report says

Nordstrom Rack in downtown Seattle Getty Photos Nordstrom has tapped the consulting group AlixPartners to assist it evaluate a possible spinoff of its off-price Nordstrom Rack enterprise, according to a report from Bloomberg. Representatives from Nordstrom and AlixPartners did not instantly reply to CNBC’s requests for remark. A possible evaluate at Nordstrom comes amid a […]

Why retail store closures are slowing down after a Covid shakeout

Why retail store closures are slowing down after a Covid shakeout

A Greenback Common retailer in Creve Coeur, Illinois.Daniel Acker | Bloomberg | Getty ImagesWayfair sees an opportunity to make a pivotal transfer.The furnishings and residential items retailer plans to open three shops in Massachusetts subsequent yr. Chief Advertising and marketing Officer Bob Sherwin mentioned low rents have been a draw. However the necessity to have […]

Nordstrom (JWN) Q3 2021 earnings miss, sales beat

Nordstrom (JWN) Q3 2021 earnings miss, sales beat

A client leaves a Nordstrom retailer on Could 26, 2021 in Chicago, Illinois. Scott Olson | Getty Pictures Nordstrom on Tuesday reported earnings that fell in need of analysts’ expectations as labor prices ate into income and gross sales and its Nordstrom Rack enterprise struggled to return to pre-pandemic ranges. The information despatched its inventory […]