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For decades, children visiting New York City savored one stop above all: a trip to the kind of toy store that existed only in their imagination. Now they'll have to keep dreaming. The massive Toys"R"Us superstore in Times Square, which wowed shoppers with a 60-foot indoor Ferris wheel; a growling, 20-foot animatronic Tyrannosaurus Rex; and…

Macy's is taking a hard look at its real estate portfolio, including nearly 800 stores nationwide, as it seeks to appease impatient shareholders concerned about sliding retail sales. The Cincinnati-based retailer is deciding which 40 stores it plans to shutter in early 2016. The move, for which details could be revealed as early as this…

As the nation’s retail pharmacies move deeper into the business of providing healthcare services, they now want pharmacists to be paid by Medicare to immunize the nation’s seniors. Under legislation that's gaining rare bipartisan support and momentum in the U.S. House and Senate, particularly for a Congressional health bill, pharmacists would be paid to administer…

After years of stuttering attempts at broadening its appeal to girls, Lego may have found its answer to bridging the gender gap. Introduced in 2012, the “Lego Friends” line of bricks from the Danish toymaker has fast become a hit with girls, and is proving to be a winner. Lego told the Wall Street Journal the…

The idea of toddlers sporting what some considered anti-artist propaganda lit up the Internet with incensed comments from consumers directed at seller Old Navy. The offending infant/toddler T-shirt features the phrase, “Young Aspiring Artist,” with the last word, “artist,” crossed out, and titles like “Astronaut” and “President” written underneath. The backlash prompted the Gap GPS -1.20%’s bargain…

Buying and selling things on the internet is certainly not a new phenomenon. Yet while companies like Amazon.com and eBay were founded decades ago, there are still plenty of upstarts trying to improve the online commerce experience.

After experiencing an account takeover of his PayPal account, security expert and blogger Brian Krebs said the incident demonstrates how most organizations are behind the times in keeping customer accounts safe. Most organizations, including many financial institutions, remain woefully behind the times in authenticating their customers and staying ahead of identity thieves, he claims.

After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year while its main rival FedEx had a last-minute stumble that left some gifts undelivered until after the holiday. "It seems like the third time's a charm for UPS," said Kent Winegar, portfolio manager at Austin, Texas-based…

For many retailers, the holiday season means bringing marketing ideas from storyboards to life. With omnichannel retail comes omnichannel marketing; as technology has changed, retail marketers are shaking up their marketing plans to connect with customers across all screens. The annual advertising race is most certainly global — an estimated $2.2 billion will be spent…

Pep Boys-Manny Moe & Jack (PBY.N) said its board determined activist investor Carl Icahn's latest buyout offer was superior to the deal it accepted from Bridgestone Corp (5108.T), and the U.S. auto parts retailer moved to terminate the Bridgestone agreement. Icahn's latest bid of $18.50 per share on Monday values Pep Boys at about $1 billion,…