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Mnuchin Claims Amazon Has ‘Destroyed’ U.S. Retail

U.S. Treasury Secretary Steven Mnuchin alleged Wednesday that Amazon.com Inc. has “limited competition” and harmed the retail industry. Mnuchin's comments, made during a...

J.C. Penney Says It’s Not Prepping a Bankruptcy Filing

Struggling with declining sales and a heavy long-term debt load, J.C. Penney on Friday sought to reassure investors and creditors that it is...

Demolition of Kelowna Sears location a sign of tough times for...

It’s the end of an era for a former retail giant in Kelowna.Nearly 50 years after it was built,...

Eddie Lampert to Elizabeth Warren and AOC: Sears severance is paid

Former Sears Chairman and CEO Eddie Lampert delivered a letter Thursday to presidential candidate Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez saying accusations...

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