Back-to-school shopping is one of the biggest retail periods of the year, second only to the winter holidays.
Along with new frontline worker bonuses, Walmart said it will give employees Thanksgiving Day off as a paid holiday.
Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.
JC Penney will close almost 30% of its 846 stores as part of a restructuring under bankruptcy protection.
Neiman Marcus, the 112-year-old storied luxury department store chain, is seeking Chapter 11 bankruptcy protection.
Levi Strauss & Co., which gave America its first pair of blue jeans, is preparing to go public for the second time.
Americans buoyed by a strong economy pushed holiday sales growth to a six-year high. Total sales topped $850 billion this year.
Saturday, Macy's Backstage store opened inside the Macy's store at Meadowood Mall in Reno. Along with discount clothing, the off price store has items that the regular Macy's stores might not carry like pet toys and groceries. Crews carved out more than 12,000 square feet within the Macy’s department store on the second floor to make room for the news store.
The department store Marshalls is moving locations, to south Reno next month.
J.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping.