retail industry News

Target Closes Nine NYC, West Coast Stores to Stop Losses From Rising Theft

Target Corp. is closing nine stores in four states to stem losses from rising retail theft. One Manhattan location will be shuttered, along with two in Seattle, three in Northern California and three in Portland, Oregon, Target said in a …

U.S. Cities Prepare for Possible Election Unrest

Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election day. “We don’t see specific …

Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest

This time last year, shoppers on Chicago’s Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window decorations. Now those same windows are hidden behind a wall of wood panels painted bright orange. While still open for …

Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago

When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments are at risk …