Tag: Retail industry

Stock trading app company Robinhood files plan to go public

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CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year. ...

Stock trading app company Robinhood files plan to go public

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CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year. ...

Les Wexner exits board, severs last ties to retail empire

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NEW YORK — Billionaire retail icon Les Wexner is severing his last ties with the retail empire that he founded in 1963. ...

Lebanese are gripped by worry as economic meltdown speeds up

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BEIRUT — Shops closing, companies going bankrupt and pharmacies with shelves emptying — in Lebanon these days, fistfights erupt in supermarkets as shoppers scramble...

L.L. Bean sees sales boom amid pandemic’s push to outdoors

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FREEPORT, Maine — With Americans hunkering down and hankering to get outdoors during the pandemic, L.L. Bean recorded its best annual sales growth in...

Nordstrom launches livestream selling, popular in China

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NEW YORK — Upscale department store chain Nordstrom is getting into livestream selling, the latest U.S. retailer to jump on the trend that has...

February retail sales fall 3% after soaring the month before

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NEW YORK — Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores....

Average US price of gas up 25 cents a gallon to $2.89

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CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline jumped 25 cents a gallon over the past three weeks to $2.89. ...

Ulta Beauty pauses Teen Vogue ad spending in editor outcry

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NEW YORK — A major advertiser at Teen Vogue, the retailer Ulta Beauty, has paused ad spending at the Conde Nast publication amid a...

Coupang, the Amazon of South Korea, makes its debut on NYSE

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The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in...