Alexa
  • Directory of Taiwan

Facing huge inventory, Target cuts vendor orders, prices

NEW YORK (AP) — Target is canceling orders from suppliers, particularly for home goods and clothing, and it's slashing prices further to clear out amassed inventory ahead of the critical fall and holi...

After rough run, Kohl's surges on potential takeover

Shares of Kohl's spiked more than 11% Tuesday after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late Monday ...

Inflation divide: The wealthy splurge, the poorest pull back

NEW YORK (AP) — Americans at the low end of the income rung are once again struggling to make ends meet. A confluence of factors — the expiration of federal stimulus checks and surgi...

Air travelers face cancellations over Memorial Day weekend

NEW YORK (AP) — Airline travelers are not only facing sticker shock this Memorial Day weekend, the kickoff to the summer travel season. They're also dealing with a pileup of flight cancellations. ...

Thai garment workers win $8.3M in back pay after layoffs

NEW YORK (AP) — More than 1,250 Thai workers who sewed bras for brands Victoria’s Secret, Lane Bryant and Torrid — and who were laid off last year without their legally required severance — have recei...

Macy's raises annual profit outlook on strong Q1 results

NEW YORK (AP) — Shoppers' return to occasion dressing helped to power Macy's fiscal first-quarter results, and the department store chain raised its annual earnings outlook even as surging inflation i...

Best Buy lowers outlook as Q1 results show inflation's bite

NEW YORK (AP) — Best Buy Co. posted first-quarter results that showed shoppers pulled back on spending, while higher costs ate into profits. The nation's largest consumer electronics...

Consumers defy inflation to support economy. For how long?

WASHINGTON (AP) — With prices across the economy — from food, gas and rent to cars, airfares and hotel rooms — soaring at their fastest pace in decades, you might think Americans would tap the brakes ...

Kohl's cuts annual forecast, as it gets stung with inflation

NEW YORK (AP) — Kohl’s Corp. cut its annual earnings and sales forecast, as the department store chain joins a string of retailers stung with soaring inflation. The reduction, announ...

Consumers shift again, flummoxing big retailers like Target

NEW YORK (AP) — The pandemic vastly changed the way Americans spend money and now as they return to pre-pandemic behavior, they’re tripping up retailers again. That dynamic has only...

Target workers at a Virginia store withdraw union petition

NEW YORK (AP) — Workers at a Target store in Christiansburg, Virginia, have withdrawn their request with federal labor regulators for a union election. Such an election would have jo...

Walmart Q1 profit dragged down as inflation takes a bite

NEW YORK (AP) — Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as the nation's largest retailer grappled with surging inflation on food and fuel and higher...

Retail sales rise 0.9% in April as consumers show resilience

WASHINGTON (AP) — U.S. retail sales rose 0.9% in April, a solid increase that underscores Americans' ability to keep ramping up spending even as inflation persists at nearly a 40-year high. ...

Kohl's shareholders reject board nominees pushed by activist

NEW YORK (AP) — Kohl's shareholders rejected all 10 board nominees pushed by activist investor Macellum Advisors and instead voted in support of the existing board. The department st...

Workers at a Target store in Virginia file for union vote

NEW YORK (AP) — Workers at a Target store in Christiansburg, Virginia, filed paperwork Tuesday with federal labor regulators to hold a union election, joining a wave of union organizing at other retai...