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Retail

How Amazon blew its chance in New York

CNN BUSINESS |

The deal was supposed to be foolproof. Amazon put two years and untold amounts of staff time and money into negotiating with New York to save about $3 billion on a new campus in one of America's most...

Toys 'R' Us wants to return to the U.S.

CNN BUSINESS |

The new owners of Toys "R" Us want to bring the brand back to the United States. But they can't say when it will happen.

Sears survived bankruptcy. Can it survive long term?

CNN BUSINESS |

Sears is saved. For now. The retailer is emerging from bankruptcy a smaller and financially healthier company. But it's not clear whether Sears will enjoy a second life, or if a second bankruptcy and...

Lamont: CT contacted Amazon about possible HQ2 relocation

Joe Cooper |

Connecticut's newly reshaped economic-development team has rebooted efforts to lure Amazon's second headquarters away from New York after the e-commerce giant reportedly is reconsidering plans to...

Bob's Stores to shutter in Enfield

Joe Cooper |

Bob's Stores is closing soon in the Enfield Commons shopping center after serving the town for 44 years, according to the property's operator.

Sears gets out of bankruptcy alive

CNN BUSINESS |

Sears lives. Bankruptcy Court Judge Robert Drain approved the sale of most of the retailer's assets to a hedge fund controlled by Eddie Lampert, the company's chairman, for $5.2 billion. The decision...

Amazon invests in self-driving vehicle startup Aurora

CNN BUSINESS |

Amazon pushed a little deeper into self-driving cars and trucks Thursday.

Judge could decide Sears' future today

CNN BUSINESS |

The future of Sears rides on arguments in a packed courtroom Thursday.

JCPenney is ditching appliances and most furniture from its stores

CNN BUSINESS |

JCPenney is trying to reinvent itself again. It's getting rid of appliances and most furniture to return its focus to clothing sales.

Sears plans to keep closing stores even if it survives bankruptcy

CNN BUSINESS |

If Sears emerges from bankruptcy this month, the company will probably close dozens more stores by the end of the year.

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