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retail industry

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FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. Photo by REUTERS/Mark Makela/File Photo

Economy Jun 16

U.S. retail sales jump by nearly 18 percent in a partial rebound

By Josh Boak, Anne D'Innocenzio, Associated Press

Economy May 15

Pandemic claims yet another retailer: J.C. Penney

The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate.

By Anne D'Innocenzio, Associated Press

Economy Oct 15

A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York. Photo by Shannon Stapleton/Reuters
Sears files for Chapter 11 amid plunging sales and massive debt

The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business.

By Anne D'Innocenzio, Associated Press

Economy Aug 24

Rachel Shechtman talks with NewsHour economics correspondent Paul Solman at STORY in New York.
In the age of Amazon, an entrepreneur explains what will make us want to go to the store

An innovative retail entrepreneuer discusses why she thinks traditional stores are struggling.

By Diane Lincoln Estes

Economy Aug 17

Photo by Katy DeCorah via Flickr
Warby Parker’s CEO on how to thrive in retail as big-box stores are dying

Warby Parker’s co-CEO explains why his e-commerce company is opening up brick-and-mortar stores even as traditional big-box retailers are shuttering theirs.

By Diane Lincoln Estes

Dec 12

Why employees earn more at big-box chains than mom-and-pop shops

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,…

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Sep 01

The high cost of labor efficiency — and the ‘Good Jobs’ alternative

By Zeynep Ton

What do Costco, Trader Joe's, QuickTrip and Spanish supermarket Mercadona have in common? They treat labor as assets, says Zeynep Ton, author of "The Good Jobs Strategy," and therefore, avoid even bigger costs than labor.

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Dec 20

Watch
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‘Tis the Season, But Should We Save or Spend? A Holiday Money Conundrum

'Tis the Season, But Should We Save or Spend? A Holiday Money Conundrum…

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