Tag Archives: retail

What 2020 Was Like for People in the Retail Industry

What 2020 Was Like for People in the Retail Industry

What 2020 Was Like for People in the Retail Industry What 2020 Was Like for People in the Retail Industry The retail industry was in the midst of a transformation before 2020. But the onset of the pandemic accelerated that change, fundamentally reordering how and where people shop, and rippling across the broader economy. Many stores closed for good, as …

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How Retail Online Shops Are Trying Augmented Reality

How Retail Online Shops Are Trying Augmented Reality

How Retail Online Shops Are Trying Augmented Reality How Retail Online Shops Are Trying Augmented Reality OAKLAND, Calif. — When Eden Chen wants to go sneaker shopping, he takes out his smartphone and points the camera at his feet. Shoes materialize. He turns his feet from side to side. How does the shoe look on his foot? How does the …

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Retail Sales Expected to Rise as Americans Stock Up: Live Updates

An earlier holiday shopping season, with Black Friday deals beginning many weeks before Thanksgiving, is likely to have driven October’s increase.

Retail Sales Expected to Rise as Americans Stock Up: Live Updates Retail Sales Expected to Rise as Americans Stock Up: Live Updates Here’s what you need to know: An earlier holiday shopping season, with Black Friday deals beginning many weeks before Thanksgiving, is likely to have driven October’s increase.Credit…Brendan Mcdermid/Reuters Even as the broader economy weakened and federal stimulus money …

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Retail Sales Continue to Recover: Live Updates

Spending during the pandemic has been bifurcated, with Americans spending more on essentials like groceries and less on items like clothing.

Retail Sales Continue to Recover: Live Updates Retail Sales Continue to Recover: Live Updates Here’s what you need to know: Spending during the pandemic has been bifurcated, with Americans spending more on essentials like groceries and less on items like clothing.Credit…Andrew Spear for The New York Times Consumer spending increased for a fifth straight month in September, though the recovery …

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Retail Sales Rise for Third Month, Though Growth Slows

Retail Sales Rise for Third Month, Though Growth Slows

Retail Sales Rise for Third Month, Though Growth Slows Retail Sales Rise for Third Month, Though Growth Slows Even as coronavirus infections continued to spread, in-person school reopening plans were scrapped and unemployment stayed near record highs, Americans kept shopping in July with retail sales rising 1.2 percent from June, reflecting a rare bright spot in the battered economy. The …

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U.S. Retail Data Expected to Show an Increase: Live Updates

An unemployment office in Forrest City, Ark. Adapting state computer systems to incorporate federal supplements to jobless pay has been a challenge.

U.S. Retail Data Expected to Show an Increase: Live Updates U.S. Retail Data Expected to Show an Increase: Live Updates An unemployment office in Forrest City, Ark. Adapting state computer systems to incorporate federal supplements to jobless pay has been a challenge.Credit…Houston Cofield for The New York Times The federal aid to unemployed workers that President Trump announced last weekend …

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Retail Chains Abandon Manhattan: ‘It’s Unsustainable’

Retail Chains Abandon Manhattan: ‘It’s Unsustainable’

Retail Chains Abandon Manhattan: ‘It’s Unsustainable’ Retail Chains Abandon Manhattan: ‘It’s Unsustainable’ Some national chains, both retail and restaurants, are closing outlets in New York City, which are struggling more than their branches elsewhere. Source link

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Ann Taylor and Lane Bryant Owner Ascena Retail Files for Bankruptcy

Ann Taylor and Lane Bryant Owner Ascena Retail Files for Bankruptcy

Ann Taylor and Lane Bryant Owner Ascena Retail Files for Bankruptcy Ann Taylor and Lane Bryant Owner Ascena Retail Files for Bankruptcy The owner of Ann Taylor and Lane Bryant, which just a few years ago was one of the country’s largest clothing retailers for women and girls, filed for bankruptcy on Thursday, after declining sales and high debt were …

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Retail Sales Rose and Jobless Claims Held Steady: Live Updates

A jump in virus cases in states like Texas and California may spook consumers.

Retail Sales Rose and Jobless Claims Held Steady: Live Updates Retail Sales Rose and Jobless Claims Held Steady: Live Updates Here’s what you need to know: A jump in virus cases in states like Texas and California may spook consumers.Credit…Nitashia Johnson for The New York Times Retail sales climbed 7.5 percent in June after a sharp rebound in May, the …

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Wall Street Rallies as Retail Sales Rebound: Live Updates

Retailers Shut Stores Amid U.S. Protests: Live Business Updates

Wall Street Rallies as Retail Sales Rebound: Live Updates Wall Street Rallies as Retail Sales Rebound: Live Updates Jerome Powell tells lawmakers a prolonged downturn could exacerbate inequality. Jerome H. Powell, chair of the Federal Reserve, told lawmakers on Tuesday that the path to economic recovery remains uncertain and warned that a prolonged downturn could widen existing inequalities. While some …

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