Economy Nov 25 Macy’s says employee hid up to $154 million in expenses, delaying full earnings release By Michelle Chapman, Associated Press
Nation Apr 11 Kmart was once a retail powerhouse. Now just a handful of stores remain in the U.S. When the Kmart in Avenel, New Jersey, closes its doors on April 16, it will leave just a handful of remaining U.S. locations for the former retail powerhouse. By David Porter, Associated Press
Economy May 07 Neiman Marcus becomes second major retailer to seek Chapter 11 Neiman Marcus, the 112-year-old storied luxury department store chain, is seeking Chapter 11 bankruptcy protection. By Anne D'Innocenzio, Associated Press
Economy Feb 28 Department Stores to Merge in $11 Billion Deal Federated Department Stores Inc., parent to high-end retailers Bloomingdale's and Macy's, is buying rival May Department Stores Co. for $11 billion in cash and stock, the companies announced Monday. By PBS News Hour