Tag: Retail and wholesale

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...

Starbucks workers plan strikes that could spread to hundreds of US stores by Christmas Eve

Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the...

76ers win city council nod to build $1.3B downtown stadium and leave South Philadelphia

PHILADELPHIA -- The Philadelphia 76ers won city council approval on Thursday for a $1.3 billion downtown arena despite vocal opposition from nearby Chinatown...

Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past...

Energy chief Granholm warns against 'unfettered exports' of liquefied natural gas

WASHINGTON -- The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Tuesday, warning...

Retail sales rose at healthy pace last month in latest sign of US economy's health

WASHINGTON -- Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of...