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Marketplace Morning Report
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Marketplace Morning Report

Retail workers likely to be in demand for holiday jobs this year

by Aaron Schrank Sep 19, 2017
It’s been a volatile year for U.S. retailers. They’ve closed a record number of stores and slashed more jobs than they have since 2009. However, for this year’s holiday season, there’s expected to be a whole lot of hiring going…

Today, Target reports. More bad news from the retail sector?

by Annie Baxter Aug 16, 2017
This morning, we’ll hear from discount retailer Target on how it performed in the second quarter of the year. Last month, Target raised its guidance on sales at stores open at least a year. Analysts will be watching to see…

Amazon is everywhere. Even in economic data.

by Tracey Samuelson Aug 15, 2017
Today the retail industry got a small piece of good news in the form of some data from July that was better than expected. The government announced this morning that retail sales last month were up 0.6 percent during the…

Nordstrom’s doing better than most retailers — so why is it struggling to find a buyer?

by Jed Kim Aug 10, 2017
Earnings for Nordstrom are expected later today. The retailer announced back in June that it was considering becoming a private company again. Buying out shareholders takes a lot of financing, and the company appears to be having a tough time…

Hassle-free returns will apply to all sellers on Amazon’s site from October

by Aaron Schrank Aug 4, 2017
Amazon announced this week that it’s going to apply its hassle-free returns policy to all items purchased on the website from October. That’s good news for consumers, but it’s a new burden for some third-party Amazon sellers, who, until now,…

Walmart aims high on lowering carbon footprint

by Marketplace Contributor Aug 1, 2017
Walmart among the businesses stepping up as government retreats on climate change.
BRENDAN SMIALOWSKI/AFP/Getty Images

Retail discounters flourish as traditional department stores struggle

by Marketplace Contributor Jul 31, 2017
Off-price retailers have become a bright spot amidst the doom and gloom of widespread closures of brick-and-mortar stores and online shopping’s growing dominance.
A former Macy's store in North Hollywood, California is fenced off from public access. The Laurel Plaza shopping center location closed its doors in October 2016, one of 68 Macy's stores nationwide to close through Spring 2017. 
Libby Denkmann/ for Marketplace

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First the handbag, now shoes to match: Michael Kors buys upscale shoemaker Jimmy Choo for $1.2 billion

by Aaron Schrank Jul 25, 2017
Jimmy Choo has been among the biggest names in high-end shoes for decades, but the company put itself up for sale in April. Today, fashion house Michael Kors announced it’ll buy the British footwear brand for $1.2 billion. Kors has…

It's back-to-school season all year

by Adriene Hill Jul 17, 2017
The shopping ritual, like Christmas in summer for retailers of the past, is now an ongoing affair.
Alex Wong/Getty Images

Walmart tries to make better savers out of the unbanked

by Erika Beras Jul 7, 2017
A prepaid debit card program with a savings plan called the Vault links prizes to savings.
Latoya Roberts and her three children shop at a Walmart in a suburb outside of Pittsburgh.
Erika Beras/Marketplace