Retail

Former Toys R Us workers to get $20M in hardship fund

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.

Kohl's tops same-store sales estimates, raises forecast

(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.

Lowe's 3Q profit topped expectations

Lowe’s intends to exit its retail operations in Mexico and had identified other underperforming or non-core businesses and stores for divestiture.