retailers

United Furniture employee: Company-wide layoff 'teared me apart'

United Furniture employee: Company-wide layoff ‘teared me apart’

She was looking forward to a big family for Thanksgiving when Toria Neal received a text that changed her life: the mother of four was losing her job, along with everyone else in her business. “I couldn’t believe my eyes,” Neal, 36, told The Post. “The text stated that we were all made redundant and …

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Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday's 5 things to know

Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday’s 5 things to know

Former U.S. Transportation Secretary Elaine Chao wants the current Sec. Pete Buttigieg “good luck” in finding a solution to the impending strike of the railway workers. Here are the key events happening on Tuesday this could have an impact on trade. RETAILER REVENUES: A busy morning ahead for retail revenue, with Best Buy, Dollar Tree, …

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US retailers face first real sales drop since financial crisis

US retailers face first real sales drop since financial crisis

U.S. retailers are facing their first real revenue drop since the global financial crisis this holiday season, even as resilient consumer spending poses challenges for officials seeking to tame inflation. Black Friday, the informal start of peak shopping season, falls at a turning point for consumer spending this week as the highest inflation since the …

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