Lauren Zumbach – Page 84

Sears sells Craftsman brand to Stanley in deal that could top $1 billion

June 6, 2018 at 10:38 a.m.

Sears Holdings will sell its well-known Craftsman tools brand to Stanley Black & Decker, the latest in a recent flurry of moves the retailer is making to generate cash after...

Macy’s in Bloomingdale among 68 set to close by spring

August 21, 2019 at 9:35 p.m.

A Macy's store in west suburban Bloomingdale is one of 68 the retailer will close by this spring. In August, Macy's announced plans to close about 100 stores, a cost-cutting...

Patrons exit and enter the Wal-Mart Neighborhood Market at Presidential Towers on Jan. 4, 2017. The store will close permanently Jan. 25.

Presidential Towers Wal-Mart to close at the end of the month

June 6, 2018 at 11:09 a.m.

A Wal-Mart Neighborhood Market store at the Presidential Towers apartment complex in the West Loop will close at the end of the month, Wal-Mart said Wednesday. The store, which opened...

Sears CEO lends retailer more money, tab exceeds $1 billion

August 21, 2019 at 9:35 p.m.

Sears Holdings is again tapping the pockets of CEO Edward Lampert. The Hoffman Estates-based retailer said Wednesday that affiliates of Lampert's hedge fund, ESL Investments, agreed to loan the company...

Many malls offer entertainment options to keep people coming back, from upscale bowling alleys and movie theaters to high-tech takes on the traditional Christmas photo with Santa, such as a virtual North Pole sleigh ride.

Survey: Holiday spending up at malls, but some skipped stores for experiences

March 29, 2019 at 9:13 p.m.

An overwhelming majority of Americans made at least one trip to the mall this holiday season, but that doesn't mean they were all shopping. Of the 70 percent of U.S....

Checkbooks headed for extinction? Not so fast

June 8, 2018 at 12:25 p.m.

Despite the ease of paying with a tap on a smartphone or swipe of a credit card, Americans don't appear ready to ditch their checkbooks just yet. For the first...

U.S. holiday sales saw the biggest increase in more than a decade, according to research firm Customer Growth Partners.

Last-minute purchases bolstered holiday retail sales

June 8, 2018 at 12:35 p.m.

A rush of last-minute shoppers and wallet-friendly economic indicators had retailers' cash registers ringing up bigger totals this holiday season, according to early estimates from research firms. Overall retail sales...

Jackie Fegan, left, who lives in the Canaryville neighborhood of Chicago, brings in a return to be shipped and chats with UPS Store owner Carlos Maxwell on Dec. 27, 2016, at a UPS Store in Chicago's Bridgeport neighborhood.

Online shopping makes it easier for consumers, but returns are still a hassle

June 8, 2018 at 12:54 p.m.

Holiday shoppers who enjoyed the convenience of fulfilling wish lists with a simple click of the "buy" button are learning this week that the return process for online purchases can...

A federal jury has ordered Costco Wholesale Corp. to pay $250,000 to a former employee at its Glenview store who alleged Costco failed to protect her from a customer's sexual harassment.

Former Costco employee awarded $250,000 over customer’s alleged harassment

June 8, 2018 at 1:21 p.m.

A federal jury has ordered Costco Wholesale Corp. to pay $250,000 to a former employee who alleged the retailer failed to protect her from a customer's sexual harassment at a...

Media and United executives tour daybed amenities during the preview of United Airlines' new Polaris lounge for international business class fliers at O'Hare International Airport Nov. 30, 2016.

United focusing on domestic business, targeted fares in 2017

June 8, 2018 at 2:13 p.m.

After years of focusing on its international flights, United will turn its attention to domestic routes in 2017. The course correction is one of several developments for United as CEO...

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