The private equity firms Bain and KKR announced this week that they will contribute $20 million to a compensation fund for former employees of Toys R Us. The retailer filed for Chapter 11 bankruptcy in September 2017, laying off tens of thousands of workers without severance packages. And for months, those former employees have been […]
Big box and department stores have invested heavily on making it easy for customers to pick up stuff they order online at the store. That’s because research shows that most of those pick-ups actually become shopping trips, where the customer buys more than just what was in the online cart. That’s a growing Black Friday […]
This Friday, the Friday after Thanksgiving, is ubiquitously referred to as “Black Friday” by retailers, consumers and the media. We wondered: What does the term mean? And where’d it come from? Click the audio player above to hear the full story.
About 70 percent of these products come from China, and with an ongoing trade war between the U.S. and China, this could mean higher prices will be passed down to consumers before long.
