Shares of Sun Art Retail Group fell sharply after Alibaba Group said it would unload the Chinese hypermarket operator, less than five years after its acquisition of a controlling stake.

The average number of shoplifting incidents jumped 93% in 2023 compared with pre-pandemic times and monetary losses for retailers have risen 90%, according to the nation's largest retail trade group.

Retail trends mirror human behavior in all its complexity. They are shaped by our emotions, influenced by the world around us, and driven by shifts in society and advancements in technology. In ...

Microsoft PowerPoint is a program designed to help you make interactive, multimedia decks consisting of multiple pages called slides. First created by a software company named Forethought Inc. in ...

November retail sales grew at a faster pace than Wall Street analysts had expected, reflecting continued resilience in the American consumer and indicating that the holiday shopping season in the ...

US retail sales increased at a firm pace in November, bolstered by a surge in car purchases and solid online shopping that masked more mixed spending elsewhere. The value of retail purchases ...

Retailers in the U.S. faced a challenging year in 2024. By year-end, the sector will have recorded 7,327 store closures, a 57.8% increase compared to the previous year, according to Coresight ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

The numbers: There’s no quit in American shoppers. Retail sales rose faster than expected at the start of the holiday shopping season in November and pointed to steady growth in the U.S. economy.