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Macy’s CEO on Supporting ‘Next Generation of Diverse Suppliers’

The retailer, which resumed its decade-old vendor incubator program, spent roughly $937 million on diverse…

UK Retail Lost Nearly 10,000 Stores Last Year—and There Could Be More to Come

The coronavirus pandemic wreaked havoc on British retail last year, and new virus variants could dash hopes…

What’s at Stake in Biden’s $15 Minimum Wage Plan: Week Ahead

Even if Biden can't include a wage hike in a Covid stimulus package, he said he's willing to continue the…

What We Learned From Arcadia’s Demise

Boohoo is buying the three remaining brands from Sir Philip Green's one-time fashion empire.

Consumer Optimism Grows as Vaccine Rollout Ramps Up: Week Ahead

Coronavirus vaccine distribution gives consumers, and retail, a reason to be positive about the future.

Asos and Boohoo Could Kill 25,000 Jobs, 500 Stores This Year

British high streets are in for a world of pain as the latest retail deals are primed to take well-known…

What to Make of December’s Dismal Jobs Report

The U.S. now has fewer jobs than it did before the coronavirus pandemic. Here's what's happening in the…

Can Surprise Q3 Economic Growth Turn Sagging Consumer Confidence Around?

Spiking Covid infection rates and the potential for more lockdowns are expected to negatively impact Q4 GDP.

Jobs Data Might Hold Ominous Signs of What’s to Come: The Week Ahead

Jobs data can provide insight on US economic recovery as Covid rates spike and local governments tighten…

UK Shadow Chancellor Talks Jobs Crisis and High Street Retail

On the eve of U.K. Chancellor Rishi Sunak's update on 2021 spending plans, Shadow Chancellor Annaliese Dodds…

John Lewis to Cut 1,500 Jobs as Clarks Secures Investor

Meanwhile, Debenhams' future hangs in the balance and Parliament will vote on new lockdown measures…

What to Make of Election Promises and Trade Policy: Week Ahead

With the final presidential debate now a wrap, the only thing left is to go out and vote.

Will September’s Shaky Jobs Report Factor into Elections?: The Week Ahead

September's report is higher than the 4.8% jobless rate when Trump took office, and the highest in a…

Bankrupt Neiman Follows Ralph and Kohl’s in Slashing Jobs

The luxury retailer whittles down headcount as it preps to emerge from Chapter 11.

Brookfield Cuts 400 Jobs: Ominous Sign for Shopping Malls?

After collecting just 34% of Q2 rents, Brookfield downsized its retail division.