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Online sellers looking to source consumer goods at discount prices, take note. Sears has set up a liquidation marketplace to sell excess inventory and product returns from its Sears and Kmart retail stores and from its distribution centers and Internet platforms. The retailer set up Sears Kmart Overstock Auctions as the official B2B (business to business)…

Now that Amazon has its own private fashion labels, it's launching its its first ever live TV show called Style Code Live. Hosted by a trio of reality and fashion show personalities, the show looks like a youth take on QVC's home shopping channel. The hosts and their guests will offer fashion and makeup advice,…

The American clothing mogul purchased the Raleigh Hotel in Miami's South Beach for $70 million in 2014, with plans to convert it into a membership-based luxury boutique hotel, offering exclusive benefits to those who pay a yearly fee. "It's a dream come true for me," said Hilfiger. "I thought for many years it would be…

If you were to ask the question, “What is Facebook?”, you might get a variety of different answers: A social network, a communication platform, a content aggregator and so on. Yet one thing Facebook isn’t — yet — is an e-commerce player. But it’s arguable that much of what Facebook has been building over the…

Forever 21 is weaving social media platforms together for a comprehensive campaign appealing to music festival fans that also integrates with a shop devoted to what to wear as an attendee on its mobilized site. The coming of spring marks the start of festival season, which peaks interest in bohemian styles. Forever 21 is capitalizing on this by showcasing various…

As it awaits the final verdict from regulators on its pending billion-dollar purchase of rival office supply chain Office Depot, Staples is preparing to go it alone by announcing plans to shutter at least 50 of its own stores in order to slow declining sales. The Wall Street Journal reports that while Staples plans to fight…

What's the key to a great work environment? Brad Weston, president of Petco, shares how the new home office of the animal supplies retailer is bringing new life into the business. One of his top tips? Letting light in.

J.C. Penney’s online sales are booming. Many of its stores are in struggling malls. And sales per square foot are about one-third below levels of five years ago. Yet despite all that, the resurgent department store’s new CEO, Marvin Ellison, is adamant that J.C. Penney won’t undertake any wholesale closings of stores in its 1,020-location fleet. Penney…

Costco Wholesale Corp. will lift its minimum wage for the first time in nine years, by a $1.50 an hour, as the labor market tightens and competitors start giving workers a raise. The second-largest U.S. retailer will start paying at least $13-to-$13.50 an hour, up from $11.50-to-$12 an hour, the company said Thursday in a…

In 2009, Amazon.com bought a small competitor, online shoe merchant Zappos, for $1.2 billion. It was an unusual deal in that Amazon  promised to leave Zappos alone so long as it hit certain financial targets. Tony Hsieh, CEO of Zappos, wrote the following year that the relationship between Zappos and Amazon was “governed by a…