Business

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond is beginning to test changes in stores that it eventually could roll out to hundreds of locations, if it can draw shoppers in. The big-box retailer said Tuesday it plans to spend up

Walmart logo is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | NurPhoto | Getty Images Walmart CEO Doug McMillon said Tuesday the retailer’s heavy spending on e-commerce has built a thriving online grocery business and touted that it has a strong portfolio of brands and

An American Airlines plane at left, leaves a gate area near an Alaska Airlines plane, Thursday, Feb. 13, 2020, at Seattle-Tacoma International Airport in Seattle. Ted S. Warren | AP Airlines are stepping up their battle over Seattle, where the spoils are high-spending corporate travelers from technology giants like Amazon and Microsoft and millions of

Luke Sharrett | Bloomberg | Getty Images Pier 1 announced Monday that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company. The home furnishings chain said in a release that it filed for bankruptcy in the U.S. Bankruptcy Court in Richmond, Virginia, after warning in less than

As Walmart’s online sales grow, the retailer has seen another number grow, too: Its e-commerce losses. OR As Walmart’s online sales grow, the retailer has seen its e-commerce losses grow, too. Analysts are waiting to see whether those losses have peaked or if they’ll continue to rise. The Bentonville, Ark.-based retailer is spending heavily to

A woman shops for clothing at the JC Penney Co. store inside the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images The apparel industry had a really tough start to 2020, as consumers are buying fewer and fewer items to stock their closets, and companies that typically sell

National Center for Immunization and Respiratory Diseases Director Nancy Messonnier speaks during a press conference today at the Department of Health and Human Services on the coordinated public health response to the 2019 coronavirus (2019-nCoV), January 28, 2020 in Washington, DC. Samuel Corum U.S. health officials will monitor people with flu-like symptoms for the coronavirus

Riyad Mahrez of Manchester City in action during the Premier League match between Manchester City and Huddersfield Town at Etihad Stadium on August 19, 2018 in Manchester, United Kingdom. Michael Regan/Getty Images The Union of European Football Associations (UEFA) declared on Friday it has banned Manchester City from European competitions for two seasons for “serious

A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images After weeks of assessing concerns about the placement of wiring bundles in 737 Max airplanes, Boeing has submitted its initial recommendation to the FAA for how to resolve the issue. Sources say Boeing believes it does not

United Airlines on Friday pulled the Boeing 737 Max from its schedule until Sep. 4 and expects to cancel more than 7,700 flights from June through September, after the manufacturer warned last month that it doesn’t expect regulator approval for the planes until mid-year. American Airlines followed suit with a schedule adjustment on Friday, removing

Josephine Skriver attends the debut of Victoria’s Secret’s new fall collection at Natick Mall on August 17, 2019 in Natick, Massachusetts. Taylor Hill | Getty Images Talks to sell L Brands‘ Victoria’s Secret brand to private equity firm Sycamore Partners will spill into next week, as the complex deal structure creates headaches for its advisors,

This is a live blog. Please check back for updates. Total confirmed cases: More than 64,000Total deaths: At least 1,380 9:03 am: Virus risk to US is ‘very low,’ but that could change ‘rapidly,’ Azar says The American public’s risk of getting infected with the new coronavirus is “very low” but that could change “rapidly,”

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Simon Property Group is on a buying spree as America’s mall operators grapple with declining foot traffic and some struggle to keep their doors open. The biggest mall owner in the U.S. is close to

An employee uses a flash grinder to smooth out the metal frame of a sports utility vehicle (SUV) on the production line at the General Motors Co. (GM) assembly plant in Arlington, Texas. Matthew Busch | Bloomberg | Getty Images Automakers working to restart manufacturing in China amid the coronavirus outbreak are trying to prevent

Ben Schwartz voices Sonic in Paramount Pictures’ “Sonic the Hedgehog.” Paramount Pictures “Sonic the Hedgehog’s” Rotten Tomato score suggests that Hollywood may have finally cracked the code on how to successfully take a video game character onto the big screen, but a closer inspection of critic reviews tells another story. After all, the film currently

Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Mattel turned in mixed fourth-quarter results after holiday revenue was weighed down by continuing sales declines in its American Girl and Fisher-Price brands. The company’s stock initially dropped, but now was up about 5% in extended trading, after posting the results. Sales during

A man pushes a man on wheelchair past a propaganda banner on a wall in a hutong, following an outbreak of the novel coronavirus in the country, in Beijing, China February 11, 2020. The Chinese characters on the banner read, “Strengthen self-protection, do not panic, believe in science, do not spread rumours”. Tingshu Wang |

An American couple who vacationed on the now-quarantined Diamond Princess cruise ship together could be at risk of returning home alone. Rebecca Frasure has been in isolation in a Tokyo hospital away from her husband, Kent, since Friday when she was diagnosed with the novel coronavirus that has reached epidemic levels in China and become

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Kohl’s is laying off 250 people as it restructures parts of its business following a dismal holiday season. The changes will help Kohl’s streamline communications and eliminate the overlap of management positions, Kohl’s senior vice president of communications, Jen Johnson,

A woman wearing a mask is seen as the country is hit by an outbreak of the novel coronavirus in Shanghai, China February 10, 2020. Aly Song | Reuters This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 45,000Total deaths: At least