stores

NEW YORK (AP) — Low-price fashion chain Forever 21, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. The privately held company based in Los Angeles said Sunday it will close up to 178 stores in the U.S. […]

4/3/18- Ever lose your kids while shopping? Happens to a lot of people all the time. Kym doesn’t have to worry because where ever her son wanders off to he’ll be returned or be in Starbucks. Sherri however, doesn’t consider it lost if she’s hiding. READ MORE STORIES ON BLACKAMERICAWEB.COM: GET THE HOTTEST STORIES STRAIGHT TO YOUR […]

NEW YORK (AP) — Toys R Us is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot. The closing of the company’s 740 U.S. stores over the coming […]

SEATTLE (AP) — No cashiers, no lines, no registers — this is how Amazon sees the future of in-store shopping. The online retailer opened its Amazon Go concept store to the public Monday, selling milk, potato chips and other items typically found at a convenience shop. Amazon employees have been testing the store, which is […]

ABC’s Shark Tank invested in a husband and wife team’s fish fry business from Atlanta on their January 14 show. Black News reports that Joseph “Joe” & Maranda Dowell the founders of Joe’s Gourmet Fish Fry made a $150,000 deal with Shark Tank judge Daymond John in exchange for 25% of their company. The company […]

  Last week was a bad one for traditional retailers. What’s going on? That is right. The earnings last week from major retailers – Macy’s, Kohl’s, JC Penney, and others – were dismal. And it is a sign of things to come. The decline in this sector is secular, not cyclical. In a time of […]

SEATTLE (AP) — She may not have it with you, but it’s now possible to drink Oprah Winfrey’s tea, since two money-making brands got together this week in Seattle. Starbucks CEO Howard Schultz brought Winfrey on stage Wednesday at the shareholders meeting to announce a drink named after the media mogul. Beginning April 29, customers will […]