Amazon Dethrones Walmart as Largest U.S. Retailer
There’s a new king in town. Amazon has dethroned the previous retail ruler Walmart, ending a 13-year reign. The online…
Tag: retailer
27-year-old mall retailer in Chapter 11 bankruptcy sets final dates
Once a retailer shares plans for a liquidation sale, it starts a process that shoppers need to be wary of.…
EU opens probe into online global retailer Shein after sex-doll scandal | Retail News
Investigation to focus on e-commerce platform’s internal systems overseeing the alleged sale of illicit goods and ‘addictive design’. Listen to…
Walmart Becomes the First Retailer Worth $1 Trillion
Walmart is one of the tech bros now. The retail giant crossed the $1 trillion market cap threshold on Tuesday,…
Mall-based women’s retailer begins liquidation, closing all stores
Usually, when a retailer finds itself in financial trouble, experienced observers see the signs. In the month before JCPenney filed…
Luxury Retailer Saks Files Bankruptcy After Turnaround Bet Fails
Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the…
What went wrong at luxury retailer Saks?
Danielle KayeBusiness reporter Getty Images Shoppers leave a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois. On…
Saks CEO steps down as luxury retailer struggles under heavy debt load
NEW YORK (AP) — The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is…
Popular gift retailer shuts stores, cuts jobs over holidays
When the economy struggles, people move their spending focus to items they need rather than items they want. They may…
Lululemon: Making the Athleisure Retailer Cool Again Will Be a Stretch
Lululemon Athletica Inc. Chief Executive Officer Calvin McDonald is stepping down, the company announced Thursday. The move comes after a…