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Amazon Expands Logistics Reach With Move Into Ocean Shipping
January 15, 2016 at 10:42 am

Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to expand its logistics reach to cut costs for its retail business…

Lowe's Boosts its Seasonal Hiring
January 15, 2016 at 10:27 am

Home improvement retailer Lowe's said Thursday that it plans to hire 46,000 seasonal employees for the spring and summer, its busiest time of the year. That's about 15 percent more seasonal workers than it hired in 2015. Lowe's Companies Inc., based in Mooresville, N.C., said it's hiring cashiers, stockers, lawn and garden clerks, and people…

The Zappos Exodus Continues After Radical Management Experiment
January 14, 2016 at 11:14 am

Zappos, the online shoe retailer experimenting with the radical self-management system Holacracy, is continuing to hemorrhage employees. In a post on the company’s website, Arun Rajan, the chief operating officer, said 18 percent of the company, or some 260 people, had left the company since March. The exodus began after the chief executive, Tony Hsieh, announced that…

Why American Apparel Workers Didn’t Get Paid Last Week
January 14, 2016 at 11:07 am

Clothing retailer American Apparel has been having a rough go of things for the past couple of years: Young people falling out of love with its hipster-goes-to-aerobics look and sales tanking; founder and (former) CEO Dov Charney getting fired for alleged misconduct; a bankruptcy filing last year as sales continued to fall; then Charney trying…

Threadflip Suddenly Shuts Down, Will ‘Partner’ With Le Tote
January 14, 2016 at 11:02 am

Online consignment is competitive. Threadflip, a San Francisco-based online consignment startup, will shut down as of midnight Wednesday night, the site told users earlier this week. Founded in 2011, the company had gathered 1.5 million users and raised $21.1 million in venture funding from Norwest Ventures Partners, Shasta Ventures, Baseline Ventures and First Round Capital.

Sears Will Close a Handful of Kmart Stores
January 14, 2016 at 10:40 am

Sears Holdings Corp. is confirming it's closing a handful of Kmart stores across the country by mid-April as it continues to trim its ailing fleet. Howard Riefs, a spokesman for the Hoffman Estates, Illinois-based parent, which also operates Sears stores, declined to give a number or offer how many people would be affected, but he said…

American Eagle Becomes Victoria’s Secret’s Unlikely Rival
January 13, 2016 at 11:07 am

Forget jeans. It’s all about bras, undies and sleepwear at American Eagle Outfitters. The Pittsburgh-based teen retailer is zeroing in on its small but red-hot Aerie brand — and is expected to amp up the expansion of the brand’s stand-alone stores. And why not? In the three months ended Oct. 31, same-store sales of the Aerie brand…

J.C. Penney to Close Stores in 2016
January 13, 2016 at 10:58 am

Macy's rival at the other end of the mall wants to get a little smaller this year, too. J.C. Penney, which has roughly 1,060 stores in the U.S., will shutter seven locations in 2016 in a bid to more efficiently operate in an era of digital commerce and dense urban areas. According to the company, all…

Aeropostale Cutting Jobs as Sales Slump
January 13, 2016 at 10:52 am

Teen retailer Aeropostale says it's cutting costs and jobs amid a years-long sales slump. The New York company said Tuesday it expects to cut expenses by $35 million to $40 million a year starting in fiscal 2016, and will slash its corporate staff by 13 percent, or 100 jobs, by the end of January. CEO Julian Geiger…

Amazon Faces Government Fine for Failing to Report Injuries
January 13, 2016 at 10:34 am

Amazon.com failed to report at least 26 work-related illnesses and injuries in a New Jersey warehouse last year, a federal agency said, the latest indication that low-wage employees who rush to fetch online orders often bear the pain of the speedy, convenient delivery of goods. The web retailer faces a $7,000 fine and demands to change…