J.C. Penney Closes More Stores As Sales DeteriorateJ.C. Penney posted net income of $75 million, or 24 cents per share, for the quarter. That compares with $242 million, or 77 cents per share, a year ago.
Payless ShoeSource To Shutter All Of Its Remaining U.S. StoresShoppers are increasingly shifting their buying online or heading to discount stores like T.J. Maxx to grab deals on name-brand shoes.
Time Is Ticking For Last Minute ShoppersThe National Retail Federation estimates that the typical American will spend more than $1,000 shopping for Christmas in 2018. It all adds up to about 720 billion dollars.
Small Businesses Must Get Creative To Attract Holiday ShoppersThis year the Chicago area has seen the demise of retailers like Carson's and Sears, who had difficulties adapting to new consumer habits.
Desperate For Labor, Retailers Offer Workers More HoursAdditional working hours are the main factor pushing household incomes higher, even as hourly wages have barely outpaced inflation.
With Few Seeing Second Act For Sears, Company Shares RoutedSears is based in Hoffman Estates and still employs 89,000 people.
Small Business Saturday In Full SwingAfter years of encouraging shoppers to buy gifts online, many stores want you to come visit in person and not just click and pay.
Will Retail Stores Go The Way Of The Dinosaur?There is good and bad news for brick-and-mortar retailers. CBS 2's Dana Kozlov reports.
Macy's Closing 100 Stores Nationwide, Boosting Online InvestmentsMacy's plans to close 100 stores nationwide. It's not clear whether or not that includes Chicago.
Jeni's Shutters Ice Cream Shops Again After Listeria Is DetectedThere is no timetable for resuming production, Lowe said. Jeni's is temporarily closing its 21 retail shops because there isn't enough ice cream to keep them stocked.
Put The Turkey Down And Go Shopping, Expert AdvisesThe best deals may not be on Black Friday or Cyber Monday. CBS 2's Dorothy Tucker reports.
Best Time To Shop On Black FridayThe crack of dawn isn't the only option for Black Friday shopping.
Retail 'Snap Apps' Offering Consumers Instant Buying PowerHave you ever seen something in a magazine you just have to have, right now? CBS 2’s Erin Kennedy shows you a few apps that promise to make shopping a whole lot easier.
Switch To Safer 'Chip' Cards Not Happening Fast Enough For Some ConsumersWhat's taking so long? CBS 2’s Dorothy Tucker reports.
Retailer Tries To Lure Consumers Through The Doors With Million-Dollar Giveaway Old Navy offered an incredible chance to win a $1 million prize to one person in the first waves of shoppers on Black Friday. CBS 2's Dorothy Tucker reports.