Tag: Retail and wholesale
Starbucks strike expands, closes nearly 60 US stores
A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers.The strike, which...
American consumers feeling less confident in December, Conference Board says
American consumers are feeling less confident in December, a business research group says.The Conference Board said Monday that its consumer confidence index fell...
Nordstrom to be acquired by Nordstrom family and Mexican retail group for $6.25B
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25...
The Container Store, buffeted by rough housing market, seeks bankruptcy protection
NEW YORK -- The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to...
Party City to close its stores as company files for bankruptcy
LOS ANGELES -- For nearly 40 years, customers flocked to Party City for Halloween costumes, favors for children's birthday parties and decorations for...
Big Lots conducts going-out-of-business sales after sale of company falls through
NEW YORK -- Discount chain Big Lots is conducting going--out-of-business sales at its remaining locations after a sale of the company didn't materialize.The...