Retail

Inter Ikea CEO sees turnaround in housing

Inter Ikea CEO Jon Abrahamsson Ring, who oversees the franchisees in all 63 of the company's markets, believes housing conditions will improve over the coming fiscal year.

Costco's 'Netflix moment' big win

Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.

Why neighborhood pharmacies are closing

Retail pharmacies will never be obsolete, according to an analyst. But the industry needs to take a hard look at how many stores are needed and what items they should sell.