January sales at U. S. stores dipped more than many had predicted, marking the sharpest decline since May. The Commerce Department’s latest data showed a 0. 2 percent drop from December, falling short of the flat trend economists had forecast. Seasonal adjustments were applied, but inflation was not
A big change is on the way for residents in East County. A new Costco store will open inside a large development called VIVA White Oak. The warehouse will cover about 162, 000 square feet and will be the first big store in a project that spans 280 acres. The site sits close to the Food and Drug Admi
The federal government is tightening its grip on new technology and financial tools, while companies face legal and economic pressure. The Food and Drug Administration announced it will pay extra bonuses to employees who finish drug reviews quickly, hoping to speed up approvals for patients in ne
South African clothing store Truworths International posted a modest increase in its earnings for the first half of the year. The company’s main profit figure, called headline earnings per share, went up by 1. 3 percent to 495. 4 cents. Last year the same period saw a drop of 4. 6 percent, so
In Douglas County, a new rule was approved that tells most retail shops in the unincorporated areas to tell law‑enforcement when someone steals from them. The county changed the original plan, which had set fines up to $1, 000 for businesses that didn’t report a theft. Instead of penalties, the deci
In recent weeks, shoppers in the UK have noticed a new sight: Cadbury chocolate bars wrapped in clear plastic shields. Major supermarkets such as Sainsbury's, Tesco and the Co‑op are adopting these anti‑theft measures after a surge in chocolate pilfering. Police and retailers claim that the sugary t
Saks Global, which owns famous names like Saks Fifth Avenue and Neiman Marcus, fell into bankruptcy a little over a year after it was created. Many people blamed the former chairman, Richard Baker, for the collapse. In a quiet meeting in Manhattan, he told reporters that he was actually trying to he
A big change is happening in the world of online ads. THG, a company known for its beauty websites like Cult Beauty and LOOKFANTASTIC, has teamed up with The Trade Desk. This partnership lets advertisers use THG's customer data to create more personalised ads. What's special here is that advertiser
The recent earnings reports from Robinhood and Coinbase reveal a significant shift in retail trading behavior. While overall revenues have increased, crypto-specific earnings have taken a hit. This trend highlights a broader pattern where retail investors are moving away from crypto and towards othe
The flagship Saks Fifth Avenue on Canal Street will close its doors in April 2026. The decision comes as the parent company, Saks Global Enterprises, files for Chapter 11 and trims unprofitable locations nationwide. The New Orleans outlet has been a downtown landmark since the early 1980s, reopen
