Retail

Etsy buys Depop for $1.6B

Etsy Inc. said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to attract younger shoppers and bolster its position in a booming market in vintage or used clothing.

California eyes shuttered malls, stores for new housing

California state lawmakers are grappling with a particularly 21st-century problem: What to do with the growing number of shopping malls and big box retail stores left empty by consumers shifting their purchases to the web.

Home Depot, Lowe's, Bank of America honor Memorial Day

Major brands such as Home Depot, Lowe's, JPMorgan Chase, Bank of America, Charles Schwab, are taking the time to honor their heroic efforts through various initiatives from sharing personal stories, holding a moment of silence on Memorial Day to creating parking spot tributes for fallen soldiers.