Retail

by Kim Souza -

Walmart divests of Shoes.com

Just days after Walmart made a deal to sell the Bare Necessities retail business, the retail giant is also divesting Shoes.com, according to several media organizations, and first reported by Bloomberg. Walmart acquired…

by Kim Souza -

Retail sales up 2.7% in July from a year ago

The National Retail Federation reported retail sales rose 2.7% in July from a year ago. Sales were 1.2% better than June but economists worry about declining sales beginning in August…