In yet another blow to the brick-and-mortar retail business, luxury retailer Michael Kors announced it will close up to 125 of its full-price stores. The company and its competitors have been facing slowing sales as more customers shop online and spend less on apparel.  Michael Kors CEO John Idol announced the store closures in today’s […]

Online shopping is sometimes just that — shopping. The actual buying happens later — in an actual store. Until now, retailers haven’t been able to connect those dots. Google says it has a tool that will let them connect online clicks to in-store buys. Good for Google, which may be able to sell more search […]

The online retailing behemoth Amazon is reportedly courting big food manufacturers. According to Bloomberg, the retailer is asking the companies to pay a visit to its Seattle headquarters for several days of talks. The point of such a meeting? To try to get companies like General Mills and Mondelez to rely less on big grocery […]

With online merchants taking an ever-bigger chunk of the retail business, many national chains have announced store closures and thousands of layoffs, including Macy’s, American Apparel, the Limited, Sears and Abercrombie & Fitch. On the other hand, warehouses and distribution centers are seeing growth. In one respect, the new jobs are much like the old. […]