A mart mart worker at the Walmart store in Tetterborough, New Jersey, organizes products for the Christmas season. Eduardo Munoz | Reuters Walmart said it will hire 20,000 seasonal employees, which will help pack and ship purchases online at its fulfillment centers as it expects to move online by purchasing …
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The growth rate for retail sales this holiday season is forecast to be less strong than in recent years, according to forecasts released on Tuesday by consulting firm Deloitte. But, how growth is being muted will depend on how much high-income consumers split, and how much belt-tightening happens in low-income …
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A pedestrian walks through a Lucky Brand retail store on July 6, 2020 in Corte Madera, California. Lucky Brand Dungarees based in Los Angeles announced that it has filed for Chapter 11 bankruptcy because the company has millions of dollars in debt. The retailer will close 13 of its 200 …
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The website of fantasy sports DraftKings Scott Olson | Getty Images Here are the stocks that make headlines in midday trading: Tesla – Shares of the electric car company rose more than 1% after two companies upgraded the stock. Morgan Stanley lifted its rating to equal weight underweight on Thursday …
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Jeff Gennette, President and CEO of Macy’s Inc. Mark Kauzlarich | Bloomberg via Getty Images Macy’s handed out $ 9 million in capital awards to six top executives days after laying off about a quarter of its corporate workforce. Department store chain CEO Jeff Gennette received restricted shares worth $ …
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