| Jan 15, 2014
| 5:02 PM
J.C. Penney Co. is attempting to right-size itself by closing 33 under-performing stores around the country and eliminating 2,000 positions, the retailer said Wednesday.
The Plano, Texas, company said it hopes the effort will save $65 million a year...
| Jan 16, 2014
| 5:45 PM
It's not looking pretty for J.C. Penney.
The Plano, Texas, company said this week that it plans to close 33 under-performing stores around the country by early May and shave 2,000 jobs off its books. Chief Executive Myron Ullman called the move —...
| Jan 17, 2014
| 6:25 AM
Worsening income inequality is the risk most likely to cause serious damage around the globe in the coming decade, the World Economic Forum said in a report ahead of its annual gathering in Davos, Switzerland, next week.
The widening gap between rich...
| Jan 18, 2014
| 2:30 PM
While a deluge of restaurants and retail shops are expected to fill downtown Allentown in the wake of the PPL Center's debut in the fall, the city will soon be losing another bookstore.
Another Story used bookstore at 524 N. 18th St. (near Wert's Cafe)...
| Jan 22, 2014
| 3:58 PM
American Eagle Outfitters Inc. said after the market closed Wednesday that Chief Executive Robert Hanson has left his post after less than two years, a move that stunned Wall Street.
The teen apparel retailer said Executive Chairman Jay L....
| Nov 6, 2013
| 10:57 AM
Falling in line behind the likes of Macy’s, J.C. Penney, OfficeMax, Kmart and more, Staples is joining the horde of retailers opening its doors on Thanksgiving without bothering to wait for Black Friday.
The office supply chain will open on the...
| Nov 6, 2013
| 8:47 PM
A girl can never own too many pairs of shoes, lipsticks or dresses. But out of the three, dresses rate as more of an investment, particularly when it comes to special occasions.
There's the little black dress (amped up with the right accessories, of...
| Nov 7, 2013
| 8:43 AM
Halloween seems to have scared off the bad vibes at the mall – for now – according to data showing better-than-projected retail sales in October.
One gauge, from Retail Metrics, showed same-store sales last month rising 3.7% over the same...
| Nov 11, 2013
| 10:11 AM
At this rate, shoppers hoping to get in on "Black Friday" deals will have to eat their turkey for lunch, as both Target and Toys R Us announced plans to open Thanksgiving evening.
In its earliest opening ever, Target said it will welcome bargain hunters...
| Nov 12, 2013
| 5:26 AM
Walmart is planning its earliest ever Black Friday doorbuster sale – starting at 6 p.m. on Thanksgiving.
That’s when shoppers who get a spot in a designated line in the store will be guaranteed the chance to buy certain sale items for one...
| Nov 11, 2013
| 9:00 PM
More retailers than ever are opening their doors on Thanksgiving to lure holiday shoppers with special bargains. Here is a sampling, with starting times on Nov. 28.
Best Buy (6 p.m.)
J.C. Penney (8 p.m.)
Kohl's (8 p.m.)
Kmart (6 a.m.)