CNBC's Jane Wells reports on the prospects for a 400,000 square foot mall built on the U.S.-Mexican border by two builders in Laredo, Texas.
CNBC's Jane Wells reports two publicly-traded developers are counting on the free flow of Mexican shoppers after building a 400,000 square foot outlet mall in Laredo, Texas.
Many struggling brands' sales have spiked lately on thredUP.com, the consignment re-sale site has found.
Estee Lauder's earnings beat was fueled by a growing demand for makeup, the company said on Wednesday.
It seems retailers aren't the only ones feeling the pressure from slowing mall foot traffic.
Howard Schultz, Starbucks executive chairman, says Teavana will be part of the mall problem but Starbucks is insulated from that.