Retail industry

This year for the first time, consumers say they’ll spend more shopping online than in physical stores. That’s according to an annual consumer holiday shopping survey by Deloitte. It’s one more data point documenting the march of e-commerce to capture ever more of America’s retail spending. Deloitte’s online survey of more than 5,000 Americans found […]

Pressure from Amazon has Walmart.com looking for new kinds of customers. According to the Wall Street Journal, the giant discount store is close to landing a deal with Lord & Taylor, one of the oldest luxury department stores in the country.  Click the audio player above to hear the full story.

It’s been a volatile year for U.S. retailers. They’ve closed a record number of stores and slashed more jobs than they have since 2009. However, for this year’s holiday season, there’s expected to be a whole lot of hiring going on, as the economy strengthens and consumer confidence returns. Click the audio player above to […]

This morning, we’ll hear from discount retailer Target on how it performed in the second quarter of the year. Last month, Target raised its guidance on sales at stores open at least a year. Analysts will be watching to see how its digital sales perform against big rivals like Amazon, which present ever increasing threats. […]

Today the retail industry got a small piece of good news in the form of some data from July that was better than expected. The government announced this morning that retail sales last month were up 0.6 percent during the previous month and more than 4 percent from this time last year. Not bad for […]

Earnings for Nordstrom are expected later today. The retailer announced back in June that it was considering becoming a private company again. Buying out shareholders takes a lot of financing, and the company appears to be having a tough time getting formal talks going with potential investors. But that may not be such a bad […]

Amazon announced this week that it’s going to apply its hassle-free returns policy to all items purchased on the website from October. That’s good news for consumers, but it’s a new burden for some third-party Amazon sellers, who, until now, could have policies of their own.  Click the audio player above to hear the full […]