Though many hoped their loans might at least be lightened, the Supreme Court last week struck down a Biden administration plan that would have given millions of people some relief from the return of the loan payments. read more >
PepsiCo, Starbucks, General Motors and Jeep parent Stellantis said they have been supporting Pride events for decades and aren't hesitating to back them again this year. read more >
Target, Kohl's, Macy's and Nordstrom all highlighted strong sales of beauty items in their fiscal second-quarter earnings reports issued over the past few weeks. read more >
Target Corp. extended its strong streak through the holiday quarter and sales grew by more than $15 billion in a pandemic year, exceeding the company's annual sales growth over the past 11 years combined. read more >
Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December. read more >
An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing. But some retailers will be less equipped to handle the pain than others, leaving consumers to carry the load. read more >
Retailers now consider the smartphone their friend. They're giving shoppers more control over the experience with app features that let customers do scan and pay, as well as download digital maps — and replicate the online experience. read more >
Companies like Dillard’s Inc., J.C. Penney and Macy’s are surveying their vast parking areas and seeing new opportunities for dining and entertainment venues. read more >
The 5-4 ruling Thursday is a win for states, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impacted online sales tax collection. read more >
Dillard’s Inc. announced Aug. 17 that its board of directors had approved raising its quarterly cash dividend from 7 cents per share to 10 cents, the highest in company history. read more >
Macy's plans to close about 100 stores next year and boost its online investments as it tries to become more nimble in an increasingly fierce market. read more >
Dillard’s Inc. has had some tough times lately. The Little Rock retail chain’s stock price, which peaked above $140 last April, was trading in the high $80s last week — having rebounded from $61 in early January. read more >
J.C. Penney reported stronger-than-expected sales for the third-quarter, but the department store operator's failure to raise its forecast for the year appeared to add to worries that the holiday shopping season could turn out to be a dud. read more >