LONDON – In a move that has sparked fresh debates over British economic sovereignty, Sainsbury’s, the iconic high street supermarket chain, has confirmed it is in advanced talks to offload its subsidiary Argos to JD.com, one of China’s burgeoning e-commerce…
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Few people in Canada had heard of Ruby Liu when she emerged this year with an ambitious plan to reinvent dozens of shuttered Hudson’s Bay Co. outlets, the remnants of a bankrupt department store chain that’s played an outsize role in…
Labubu, a palm-sized plush toy with sharp teeth and a cult following, has become a toy too popular to sell. After chaotic scenes of queueing, crowd surges and reported fights, distributor Pop Mart has suspended all in-store sales of the collectible…
NEW YORK — Discount retail chain Gabe’s, a popular off-price department store operating over 160 locations across the Mid-Atlantic and Southeast, is in advanced negotiations to hand over control of the company to its lenders, according to people familiar with…
Rite Aid filed for bankruptcy protection Monday for the second time, less than a year after the embattled drugstore chain emerged from Chapter 11 as a private company. Rite Aid said in a news release that it’s looking for a buyer and…
Starting Friday, the Trump administration is shelving a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China. The move stems from the sweeping tariffs President Donald…
In the Lower Manhattan neighborhood of TriBeCa, known for its liberal politics and sky-high rents, a new retailer, known for its conservative Christian convictions, rock-bottom prices and steadfast customers in rural America, is moving in. Now the question is, can…
