Macy’s aims to grow its private-label and private-brands business to represent 40 percent of the retailer’s overall merchandise mix, according to CEO Jeff Gennette. The lofty goal is part of Macy’s overall turnaround plans, to […]
Chinese tech giant Alibaba said Monday it would invest an additional $2 billion in Southeast Asian online retailer Lazada as part of its continued push into the region. Last year, Alibaba increased its stake in […]
Children across the world declared themselves a “Toys R Us kid.” Parents spent their weekend mornings walking their kids up and down its aisles. Planners visited to stock up, preparing for months of birthday parties. […]
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