Wall Street is using tech firms like Zillow to eat up starter homes
A Bloomberg News analysis of more than 100,000 property records shows that Zillow, Opendoor and Offerpad are selling thousands of homes to landlords backed by...
Nordstrom shares fall most since pandemic’s start as sales gains trail competitors
Nordstrom fell the most since the early days of the Covid pandemic after quarterly results showed it's recovering more slowly than other retailers.
Booming back-to-school shopping season may give retailers lift they need
Apparel and technology sales are expected to be strong as parents prepare to send kids back to physical school. But supply-chain issues could complicate matters...
Under Armour becomes latest retailer to boost hourly wage to $15
The sportswear retailer said it's raising the minimum wage for all U.S. employees to $15 an hour starting June 6 — an increase of as...
CDC’s U-turn on masks puts businesses in ‘damned if you do’ (or don’t) bind
Companies are rushing to assess their mask policies after a sudden announcement by U.S. officials put newly relaxed federal guidelines in conflict with the rules...
Amazon union is a tough sell in town where $15 an hour goes a long way
The campaign in Bessemer, Alabama, has drawn national attention and is widely considered a once-in-a-generation opportunity to breach the defenses of the world's largest online...
UPS restricts some packages from Nike, Gap and other retailers amid online rush
United Parcel Service is temporarily restricting packages it takes from some big retailers as online orders spur record deliveries ahead of the holidays. Some retailers...
Victoria’s Secret to close 23% of its North American stores
Victoria's Secret said it will close 251 stores in North America by the end of this year. That's roughly 23% of its store fleet. More...