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The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protection
The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages. The
In-person shopping makes a comeback amid record-spending holiday season
The National Retail Federation predicts nearly half of all shoppers will head to department and discount stores to knock out their shopping lists this holiday season.
Stock market today: Honda-Nissan merger talks shake up otherwise quiet morning on Wall Street
Stocks wavered in morning trading on Wall Street Monday at the start of a holiday-shortened week. The S&P 500 fell 0.1%. A handful of technology companies helped cushion the widespread losses. The
Nordstrom Announces It Will Go Private As Namesake Family Retakes Control Of $6.25 Billion Retailer
The great-grandsons of Nordstrom’s founder lead a family group which will take over the company after 53 years on public markets.
Starbucks strike expands to 3 more cities ahead of Christmas
The Workers United union strike is in its third of five planned days amid a busy holiday season for Starbucks.
Xi Digs In With Top-Down Economic Plan Even as China Drowns in Debt
As Beijing braces for a new showdown over trade, Xi Jinping is digging in on economic policies aimed at making China the world’s most powerful country.
Where are Amazon and Starbucks employees striking? And why? Here's what to know
Less than a week before Christmas, Amazon and Starbucks employees are striking as their respective companies refuse to meet union demands.
Tesla Stock Fell Friday While The Market Rallied. Monday Will Be Interesting.
Tesla stock fell while the market rallied on Friday. That makes Monday an interesting test of the stock’s recent rally. Shares of the electric vehicle maker dropped 3.5% on Friday, closing at $421.06.
PAG Buys UK Outsourcer From Nash Squared in Tech-Services Deal
PAG, one of Asia’s biggest alternative asset managers, has bought London-based information technology services outsourcing company NashTech from Nash Squared.
Xerox to Buy Printer Maker Lexmark From Chinese Owners
An acquisition of closely held Lexmark is expected to be announced Monday morning, the people said. Xerox’s takeover of the business would bring Lexmark back under
Orders for US Business Equipment Rise by Most in Over a Year
Orders placed with US factories for business equipment rebounded in November, posting the strongest monthly advance in over a year.
The Container Store says it's filing for bankruptcy protection
The company said Sunday that it expects to have a reorganization plan within 35 days and emerge from bankruptcy protection soon after that. "The Container Store is here to stay. O
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