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UNITED STATES retail sales rose 0.1 percent in September. / BLOOMBERG NEWS /MICHAEL NAGLE

U.S. retail sales miss forecasts as restaurant receipts drop

NEW YORK - United States retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts...
SEARS HOLDING CORP. filed for Chapter 11 bankruptcy Monday morning. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

Sears files just as things are looking up for American retail

NEW YORK - A year ago, a Sears bankruptcy would have fit better into the United States retail narrative, given the steady decline of shopping...
SEARS HOLDING CORP. was said to be negotiating a deal that would keep some stores open through Christmas. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears said to be hammering out deal to stay open in...

NEW YORK - Negotiations over the fate of Sears Holdings Corp. have moved away from a possible liquidation toward a plan that would keep some...
SEARS HOLDING CORP. is preparing to file for bankruptcy as soon as Sunday, according to a person familiar with the plan. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears is preparing for bankruptcy as soon as this weekend

NEW YORK - The long goodbye for America’s most iconic retailer inches closer to an ending.Sears Holdings Corp., the struggling United States chain owned...
BOSCOV'S, a family-owned department store, will replace the Nordstrom in the Providence Place mall. / BLOOMBERG NEWS FILE PHOTO/BRADLEY C. BOWER

Boscov’s, ranked among Forbes’ best U.S. employers, to replace Nordstrom at...

PROVIDENCE – Following the announcement that Nordstrom will leave the Providence Place mall Tuesday, Brookfield Property Partners LP, which recently acquired GGP Inc., announced...
NORDSTROM IS CLOSING its Providence Place location in January. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DITTS

Nordstrom shuttering Providence Place store

PROVIDENCE – Nordstrom Inc. will close its Providence Place mall location on Jan. 5, the company announced Tuesday.The closure marks the second anchor-store lost...
THE LENDERS THAT had planned to liquidate the remaining assets of Toys R Us Inc. have pivoted and are now working on bringing the brand back to life, according to new court filings. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys ‘R’ Us lenders plan brand revival as auction canceled

NEW YORK - The same Toys R Us Inc. lenders that have been taking heat for their role in the decision to liquidate the company...

ParsonsKellogg broadens promotional horizons toward e-commerce

Fastest Growing Companies | $25M-$75M | 2nd place CEO (or equivalent): Thomas P. Kellogg III, founder and president 2017 Revenue: $37,745,617 2015 Revenue: $20,867,066 Revenue growth: 80.9%ParsonsKellogg has...
HASBRO will release an adult party game parody version of five of its classic board games through Target, such as "The Game of Life: Quarter Life Crisis Parody Edition." / COURTESY HASBRO

Hasbro to offer adult party game versions of board game classics...

PAWTUCKET – Hasbro Inc. is poised to release adult party game parody editions of some of its classic board games, the company announced Thursday.The...
VISA AND MASTERCARD have agreed to pay as much as $6.2 billion to end a long-running price-fixing class-action case brought by merchants over card fees. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Visa, Mastercard reach $6.2B settlement on swipe fees

NEW YORK - Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants...
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