Best Buy online comps grow 242% in Q2

While it won't last forever, working, learning and cooking at home spurred sales throughout the quarter and into the third, even when stores were closed.

By Daphne Howland • Aug. 25, 2020

Macy's will 'reimagine' Thanksgiving Day Parade

After disrupting the department store's turnaround, the pandemic takes yet another whack at its plans this year.

By Daphne Howland • Aug. 24, 2020

Neiman Marcus creditors are still agitating in final innings of bankruptcy

Meanwhile, the retailer's primary antagonist, hedge fund Marble Ridge Capital, is dissolving after a federal bankruptcy watchdog issued a damning report. 

By Ben Unglesbee • Aug. 24, 2020

Amazon retail chief to retire

Jeff Wilke has spent more than two decades at the e-commerce giant, and was widely viewed as a possible successor to Jeff Bezos as CEO.

By Daphne Howland • Aug. 24, 2020

Sally Beauty, CosmoProf launch accelerator for women-owned brands

Four brands will receive online distribution and a virtual boot camp focused on merchandising, social media, marketing and e-commerce. 

By Tatiana Walk-Morris • Aug. 24, 2020

S&P: Foot traffic to shopping centers reaching pre-pandemic levels

Foot traffic analysis is mixed, with outlet centers performing much better, while other data firms show traffic remains broadly depressed.

By Ben Unglesbee • Aug. 21, 2020

Inventory disruption roils TJX, Ross in Q2

But the off-price pipeline is relatively easy to restore, and the sector remains among the best positioned in retail, analysts say.

By Daphne Howland • Aug. 21, 2020

Estée Lauder will close up to 15% of its stores, exit some department stores

The beauty giant announced a pandemic-related restructuring plan that shifts its priorities toward digital and away from unproductive locations.

By Cara Salpini • Aug. 21, 2020

Toys R Us online sales now supported by Amazon

The e-commerce giant has taken over a role that Target stepped into during the holiday period last year. 

By Ben Unglesbee • Aug. 21, 2020

Lord & Taylor to liquidate 5 more stores

As they expand the number of permanent closures, owner Le Tote and its department store business said they continue to review offers for a sale.

By Daphne Howland • Aug. 20, 2020

Modell's brand sold to owner of Dressbarn, Pier 1 IP

The sporting goods retailer's trademarks and other assets sold for $3.6 million after it filed for bankruptcy and moved to liquidate its stores.

By Ben Unglesbee • Aug. 20, 2020

L Brands warns that the holidays could be tough this year

The company also said it has hired bankers for advice on its work in separating Victoria's Secret from its better-performing Bath & Body Works business.

By Daphne Howland • Aug. 20, 2020

Amazon to turn former Lord & Taylor flagship into Manhattan tech hub

The deal is part of an initiative that includes investing more than $1.4 billion on its new offices and adding 3,500 jobs.

By Tatiana Walk-Morris • Aug. 20, 2020

Gap San Francisco flagship to close permanently

The store in the city's historic Flood Building, and another in the Embarcadero Center, won't be spared the retailer's tough fleet reductions.

By Daphne Howland • Aug. 20, 2020

CBL plans to file for bankruptcy by October after deal with lenders

The mall REIT came to an agreement with bondholders that would cut some $900 million in debt as it looks to restructure in the COVID-19 era. 

By Ben Unglesbee • Aug. 20, 2020

A look back at the long history of Lord & Taylor

The 21st century hasn't been kind to the oldest department store in the U.S.

By Daphne Howland • Updated Aug. 31, 2020

Lowe's, Home Depot continue winning streak into Q2

The pandemic has fueled increased sales in the sector as more consumers spend a disproportionate amount of time at home.

By Caroline Jansen • Aug. 19, 2020

Long Tall Sally snapped up by UK apparel conglomerate

North American fans of the apparel brand for taller customers already provide half its sales, and new owner AK Retail says it will focus on the region.

By Daphne Howland • Aug. 19, 2020

Target posts blowout Q2 with help from 273% growth in same-day services

The mass merchant set records for sales and profits and shattered all expectations as it leaned on store fulfillment and digital channels. 

By Ben Unglesbee • Aug. 19, 2020

Barnes & Noble wants to be a great bookseller again

The company, now in private hands, is taking a page from the independent bookstores across the U.S. that remain undaunted by Amazon.

By Daphne Howland • Aug. 19, 2020

Payless relaunches online, with plans for hundreds of stores

The company's value proposition is in keeping with the priorities of today's apparel consumer, but its brick-and-mortar plans may be a stretch.

By Daphne Howland • Aug. 18, 2020

Kohl's Q2 digital sales spike nearly 60% amid omnichannel push

CEO Michelle Gass went so far as to say that the department store is poised to take market share in the COVID-19 era, despite its difficulties.

By Daphne Howland • Aug. 18, 2020

Walmart's online sales double as pandemic shapes Q2

The retailer's efforts to refocus around omnichannel have been paying off as COVID-19 drives shopping habits. 

By Ben Unglesbee • Aug. 18, 2020

J. Jill, Destination XL added to S&P's most vulnerable retailers list

As companies become vulnerable, the number of retail bankruptcies surges to its highest point in nearly a decade, with no end in sight. 

By Ben Unglesbee • Aug. 18, 2020

Without a deal, Stage Stores heads for liquidation

The owner of Gordmans received court approval to carry out the wind down of the business and its stores.

By Ben Unglesbee • Aug. 17, 2020