Retail

Correction: Earns-Retailers story

Shoppers are spending freely heading into the holidays, but heavy investments and incentives like free shipping by retailers are giving Wall Street pause.

IKEA Group plans to cut 7,500 administrative jobs

IKEA is in a period of transformation where it is boosting its digital, delivery and other services and testing new more accessible store formats in a fast-changing retail and consumer landscape.

Asian shares fall on sign of escalating US-China tensions

Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers and mounting losses for big technology companies compound the market's losses from the day before.