Retail

The company in July announced plans to cut its workforce by 20% and shut as many as 500 stores

Trader Joe's -- which was founded in California in 1967 -- has more than 500 locations spread over 42 states and the District of Columbia.

Former Walmart CEO Bill Simon argues that the coronavirus pandemic will challenge department stores, but one-stop shopping outlets will perform well.

Consumer spending increased by 15% over 2019's previous record of $9.4 billion. 

The U.S. Centers for Disease Control and Prevention says holiday shopping in crowded stores is a “higher risk” activity.

The partnership follows Ulta Beauty Inc.'s deal announced in November to open more than 100 shops inside Target Corp. stores by next year and sell its products on the discount chain's website.

Tenants looking for new real estate have consisted primarily of big sellers of groceries, furniture, discount goods and pet supplies that have benefited from people staying at home, brokers say.

In June, the FBI disclosed that over 3.9 million background checks were conducted, the most since the system was created in November 1998.

U.S. stocks clocked a stellar November despite Monday's selling.

Shoppers are projected to spend a record-breaking $10.8 billion to $12.7 billion on Cyber Monday.

Despite economic uncertainty during the pandemic, Americans still plan to spend more on holiday gifts this year.

Black Friday shoppers in the U.S. spent a record $9 billion in consumer spending this year.

Hsieh recently retired from Zappos after 20 years leading the company

Christmas couldn’t come sooner in a year encumbered by the coronavirus outbreak, a turbulent election and economic devastation. Yet, the pandemic has driven more people to deck the halls earlier this year, even though the holiday spirit might look reimagined.