The once formidable retail giant Sears files for bankruptcy protection. The company, which also owns Kmart, will continue to operate as executives try to reverse a downward spiral exacerbated by e-commerce. John Yang examines the company’s storied legacy and tumultuous…
Is traditional retail dead? There have been more store closings this year than any since the Great Recession, with retailers filing for bankruptcy at a record pace. And yet online retailers like Amazon and Warby Parker are adding brick-and-mortar stores.
By PBS NewsHour
The growth of e-commerce continues to wreak havoc on traditional retail and its workforce, with 5,300 store closings announced in the first half of 2017 and 64,000 job cuts expected. What will become of the 16 million Americans who work…
By PBS NewsHour
We want to hear from retail workers who have been affected by a "retail apocalypse."…
By Diane Lincoln Estes
By Jasmine Wright
The parent company that owns retailers T.J. Maxx, Marshalls and HomeGoods announced on Wednesday a plan to raise their workers' wages to $9 an hour in June, with an eventual rise to $10 an hour by 2016. The move makes…
By Simone Pathe
Large retail chains are the target of frequent criticism for paying low wages and exploiting workers, but a new working paper from the National Bureau of Economic Research suggests that big-box stores have actually increased wages in the retail sector,…
By Meredith P. Garretson
After two decades of championing e-commerce, why would Amazon decide to open a retail store in New York?…
By Ayan Sheikh
Nicotine gum and quit smoking signs will replace cigarette boxes on CVS shelves. The drug store chain will also launch a new campaign aimed at providing education, medication and assessments for customers looking to end their tobacco habit.
By Sam Lane
The chief information officer at retail giant Target has resigned following a massive holiday-season data breach, which affected millions of customers.
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