Retail

The latest on developments in financial markets (all times local): 9:35 a.m.

Two private equity owners of the iconic Toys R Us toy chain will be handing over a $20 million hardship fund to the thousands of former workers left jobless and without severance after the chain was liquidated in June.

Bah! Humbug!

The FTC found at least three companies profiting off the fake labels, as detailed in a recent report.

A home run this Christmas would help the traditional retailer stay afloat.

Bain Capital and KKR, two private equity firms that owned part of the once-prominent chain, created the severance fund.

A Croatian court says a tycoon who founded a deeply indebted food and retail company should be released from jail after he deposited a one-million-euro bail ($1.1 million.)

The delivery company purchased 100 of the vehicles from Chanje Energy Inc. and leased 900 from Ryder System, Inc.

Broad selling hits U.S. stocks.

(Reuters) - Department store operator Kohl's Corp reported better-than-expected quarterly same-store sales on Tuesday, benefiting from its revamped stores and merchandise as well as its partnerships with Amazon.com and Under Armour.

There are a range of reasons for the slowdown over the last six months, but one has been anxiety over Amazon's growth in the city, local brokers say. 

Its total revenue climbed to $9.59 billion from $9.32 billion.

Excluding items, Target earned $1.09 per share, below the average estimate of $1.12 per share.