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The family that founded Nordstrom and El Puerto de Liverpool are buying Nordstrom, paving the way for the retailer to return to operating as a privately held company.

The Container Store, which was recently delisted from the New York Stock Exchange, has filed for bankruptcy protection in an effort to try and turn its business around.

The National Retail Federation predicts nearly half of all shoppers will head to department and discount stores to knock out their shopping lists this holiday season.

Nissan and Honda agreed to consider a merger and set up a joint holding company, which would create the world's third-largest automaker.

President-elect Trump implied Saturday he may demand U.S. ownership of the Panama Canal, claiming the U.S. is being ripped off by unfair tolls.

Workers at an Amazon warehouse on Staten Island in New York will join thousands of others as the strike against the retail giant continues.

The group behind the meme coin $HAWK, named after Haliey Welch, aka the "Hawk Tuah Girl," was hit with a lawsuit following the token's crash of 95% from a $490M market cap in minutes.

Party supplies retailer Party City is permanently shutting down, CNN reported Friday. Its retail footprint in North America spans over 700 company-owned and franchised stores.

U.S. workforce participation among native-born Americans has been plummeting for decades amid rising immigration, according to a new report that sounds the alarm on the issue.

The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains above where policymakers want it to be suggesting prices are still stubbornly high.