• 13 black-owned beauty brands to support now and always

    13 black-owned beauty brands to support now and always

    There’s never been a more important time to support and stand up for the black community — and in addition to protesting, donating, signing petitions and speaking out against systematic racism and police brutality, buying from black-owned businesses is one way to take action. From colorful wigs to mile-long nails, so many beauty trends are …
  • 11 black-owned fashion brands to support now

    11 black-owned fashion brands to support now

    From protesting to donating to signing petitions, there are many ways to support the black community and take a stand against racism and police brutality right now. For fashion fans, shopping from black-owned brands and retailers is one key way to show solidarity. The style industry has long exploited the work of black designers and …
  • Raymour & Flanigan halts reopening plans after Post exposé

    Raymour & Flanigan halts reopening plans after Post exposé

    Furniture peddler Raymour & Flanigan has halted efforts to reopen its stores in New York after The Post wrote about the controversial practice, staffers said. “We were told that we are on ‘pause’ and will get an update later today or tomorrow,” one Empire State store manager said of the orders she was given after …
  • Ralph Lauren profits sees surge from Chinese online sales

    Ralph Lauren profits sees surge from Chinese online sales

    Ralph Lauren said on Wednesday a surge in online shopping was helping it get back on track in China and putting it on course for a recovery from the financial damage wrought by the COVID-19 lockdowns in other markets as well. Online sales in China, a crucial growth market for luxury goods companies, jumped 76 …
  • SelectQuote jumps 40 percent in IPO as more consumers shop for insurance online

    SelectQuote jumps 40 percent in IPO as more consumers shop for insurance online

    Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the initial public offering market, which was shut to most companies when the coronavirus outbreak …
  • Macy’s warns coronavirus lockdowns could spur $1 billion operating loss

    Macy’s warns coronavirus lockdowns could spur $1 billion operating loss

    Macy’s said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus. The health crisis has forced brick-and-mortar retailers to tap credit lines, lay off employees …
  • Mall fits elevators with foot pedals to prevent spread of coronavirus

    Mall fits elevators with foot pedals to prevent spread of coronavirus

    A mall in Thailand has swapped lift buttons for foot pedals in an effort to prevent the spread of the coronavirus as well as help restore normalcy and get shoppers spending again. Customers at Bangkok’s Seacon Square were surprised and confused this week to find pedals in front of the elevators and inside, but they …
  • Stimulus spending, sheltering in place help Walmart results exceed expectations

    Stimulus spending, sheltering in place help Walmart results exceed expectations

    Walmart exceeded Wall Street expectations with its quarterly revenue and earnings on Tuesday and reported record US online sales after consumers rushed to stock up on necessities during the coronavirus pandemic. Shares in the world’s top brick-and-mortar retailer were up 2 percent in morning trading and about 7 percent so far this year, far outpacing …
  • JCPenney to permanently close 242 stores amid bankruptcy

    JCPenney to permanently close 242 stores amid bankruptcy

    JCPenney plans to trim its store count by 29 percent, to about 604, as the US department store chain looks to focus on those more profitable, a regulatory filing showed on Monday, two days after it filed for bankruptcy protection. The stores to stay open accounted for 82 percent of the company’s fiscal 2019 sales, …
  • Grocery prices surged in April for largest monthly increase since 1974

    Grocery prices surged in April for largest monthly increase since 1974

    It’s truly a seller’s market. The U.S Bureau of Labor Statistics recently confirmed that grocery prices across the nation increased by 2.6 percent in April, accounting for the largest one-month increase in this particular index since Feb. 1974. The bureau’s Consumer Price Index Summary, released Tuesday, said the price increases were “broad-based” across all six …