Category: Market Trends
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Supreme Court decision to allow more online sales tax worries small business groups
The Supreme Court ruled that states now have the power to force online retailers to collect sales tax in states where they do not have a physical presence, reversing a ruling from … ›
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Debenhams issues profit warning as it battles rivals’ price cuts
Department stores group Debenhams has issued its third profits warning this year, with chief executive Sergio Bucher saying he sees no … ›
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Google pays $550m for stake in China’s JD.com
Google is paying $550m for a stake in JD.com, the Chinese ecommerce group, in a move that will see the two collaborate on retail and other … ›
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Walmart, Target, Kohl’s see the light at the end of Toys R Us’ tunnel
Retailers are already preparing for the disappearance of Toys R Us from the market. Since the toy retailer filed for bankruptcy last fall, … ›
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Sears names dozens of the 72 stores it plans to close in the near future
Sears has identified another 100 unprofitable stores. It will begin closing sales at 72 of these stores "in the near future." The retailer … ›
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Dairy farmers are struggling as they are squeezed out of a changing milk market
Dean Foods canceled contracts with about 100 dairy farmers in eight states. It's part of a larger trend as the dairy market is getting hurt … ›
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It was once the biggest retailer in the US. 125 years later, Sears looks a lot different
As Sears celebrates its 125th anniversary, it isn't the same as it once was — a household name, "the everything store" and the largest … ›
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JC Penney taps Lionel Richie to help with its new brand, as more retailers team with celebrities to drive sales
Lionel Richie is working with J.C. Penney on an exclusive home brand. The home category is growing for Penney as apparel shrinks. More and … ›
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Nestle and Unilever are finding it hard to raise the prices they charge retailers
First-quarter sales growth at Nestle and Unilever was driven almost entirely by shifting more goods rather than raising prices. Large … ›
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Cut out the middleman: Coach, Nike, Fenty and others bypass retailers and sell straight to customers
Shoppers didn't need an invite to New York Fashion Week to feel like they had special access to the Coach brand. Instead, they could tune … ›