Lindsey Rupp
Older millennials emerge as biggest spenders during weekend
NEW YORK - The kickoff to the holiday shopping season brought mixed results to retailers, with traffic falling at many stores. But don’t blame older...
Black Friday retailers looking to extend moment of optimism
NEW YORK - As Black Friday shoppers descend on stores this weekend, retailers are experiencing something that’s been in short supply: optimism.
Brick-and-mortar chains are...
J.C. Penney to shut as many as 140 stores as industry...
NEW YORK - J.C. Penney Co. plans to shutter as many as 140 stores and trim thousands of jobs, becoming the latest department-store chain...
Black Friday limps toward oblivion as online shopping takes over
NEW YORK - The decades-old retail tradition of Black Friday limped closer to obsolescence this year as online shopping and earlier discounts kept many...
Holiday price war heats up as Wal-Mart, Target chase Amazon
NEW YORK - Wal-Mart Stores Inc., Target Corp. and other brick-and-mortar chains are counting on heavier discounts and a bigger online selection to help...
Macy’s shares rise on slower sales decline, plan to shut stores
NEW YORK - Macy’s Inc. surged in early trading after making progress in slowing its sales declines and announcing a plan to close 14...
Tiffany forecast misses estimates as economy spurs caution
NEW YORK - Tiffany & Co., the luxury jewelry retailer, gave a forecast for earnings this year that trailed analysts’ estimates as the sluggish...
Tiffany cuts earnings forecast after holiday sales decline
NEW YORK - Tiffany & Co. cut its full-year profit forecast after reporting a drop in holiday sales, dragged down by sluggish tourist spending...
Macy’s plans to cut jobs as sales tumble more than forecast
NEW YORK - Macy’s Inc. will fire or relocate about 3,000 workers and explore options for its real estate after the largest U.S. department-store...
Insert or swipe? Chip cards vex retailers on eve of Black...
NEW YORK - The first Black Friday in the U.S. since the mass introduction of credit and debit cards with chips promises to baffle...
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