Retail

Packaged-food companies have been struggling with declining sales as shoppers shift from older brands to options perceived as healthier. Now retailers are adding to the companies’ woes.

Throngs of people came out searching for groceries, gasoline and other supplies, and jamming streets with traffic even as roads were still closed due to flooding.

Property owners and retailers say lower tax bills, which are a large part of operating costs, will help keep them in business as retail sales and occupancy rates fall in may parts of the country.

Amazon slashed the sticker price on more than 100 items at Whole Foods, many by more than 30%, a departure from the online retailer’s usual strategy of waiting to see what others charge, then matching or narrowly undercutting them.

Amazon.com will bring lower prices to its new Whole Foods division on Monday. It also will bring a new rule book, further pressuring an already struggling supermarket sector.

Mall-based retailer chain Perfumania Holdings has sought chapter 11 protection with plans to reorganize around its better-performing stores.

Sears Holdings’ brick-and-mortar stores continued to lose ground in a tough retail environment, with same-store sales down by double-digits and overall revenue sinking 23% in the latest quarter.

Women’s apparel retailer Destination Maternity has hired a consulting and advisory firm to assess its options in the troubled retail environment, according to people familiar with the matter.

Values for U.S. retail properties generally fell even as they rose for industrial properties in the first half of 2017, according to a new survey, as the growth of online shopping reshapes commercial real estate markets.

Online retail software firm Tulip.io has raised $40 million in a new round of venture-capital financing led by Kleiner Perkins Caufield & Byers.

Affirm is in talks to offer installment loans to Wal-Mart customers, the latest sign of intensifying competition facing credit-card providers such as Synchrony.

The New York City Council is clashing with Mayor Bill de Blasio as it pushes something rare for the liberal legislative body: a tax cut for Manhattan commercial businesses.

It might seem like the most basic retail maxim, but the second-quarter drilled it home for investors: low prices matter. The only winners in an otherwise bleak retail landscape were the ones offering the lowest ones.

Foot Locker reported worse-than-expected same-store sales in its latest quarter, a sign that the ‘athleisure’ market may be running out of steam.