What happened to the retail apocalypse?

Aug 28, 2018
About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t…
A shopper carries away his purchases from a Target store on Aug. 22, 2018 in Chicago, Illinois. Target today reported a 6.4 percent jump in store traffic for the quarter, the biggest increase in at least a decade. The retailer also reported a 41 percent increase in online sales for the quarter. 
Scott Olson/Getty Images

Customers in Asia add sparkle to Tiffany

May 28, 2013
Luxury products have benefited from rising stock market returns in the U.S., but Tiffany faces up-and-coming competitors.
A model poses backstage ahead of the Tiffany & Co. show during the Audi Fashion Festival in Singapore on May 16, 2011.
Lisa Maree Williams/Getty Images for Audi Fashion Festival