Macy's to shutter 125 stores in massive retooling

The department store is also closing its Cincinnati headquarters, moving macys.com out of San Francisco, and cutting some 2,000 jobs.

By Daphne Howland • Feb. 4, 2020

La Senza denies it is insolvent as supplier tries to force Ch. 7

The Canadian lingerie retailer disputed allegations that it breached an agreement with an important vendor made after L Brands sold the company.

By Ben Unglesbee • Feb. 4, 2020

In largest expansion yet, Sephora to open 100 North American stores in 2020

By comparison, the beauty retailer opened 110 stores globally in 2019. This expansion, however, will focus on local communities in the region.

By Cara Salpini • Feb. 4, 2020

Forever 21 sale plan approved despite supplier, landlord objections

Authentic Brands Group, Simon Property and Brookfield will serve as the "dark horse" bidders with a plan to take over the retailer. 

By Ben Unglesbee • Updated Feb. 5, 2020

Schick maker calls off Harry's merger

The grooming startup informed Edgewell that it intends to sue, which its would-be suitor told the SEC "has no merit."

By Daphne Howland • Updated Feb. 10, 2020

Mobile messaging firm Attentive raises $70M

CEO Brian Long stated that, "brands will be expected to engage in real-time, two-way conversations with their customers via mobile messaging." 

By Tatiana Walk-Morris • Feb. 4, 2020

Forever 21 lands $81M bid from Simon, Brookfield, Authentic Brands

Two of the fast-fashion retailer's major landlords joined in a stalking horse bid to buy it out of bankruptcy, a plan that could salvage the retailer.

By Ben Unglesbee • Feb. 3, 2020

Macy's launches new store concept in Texas

"Market by Macy's" seems to differ from the department store's "Growth" effort and opens this week as the retailer ponders operating on a smaller scale. 

By Daphne Howland • Feb. 3, 2020

Farfetch raises $250M to accelerate global growth

The investment, half of which was from Tencent, could prove useful in the luxury platform's ability to gain ground in China. 

By Tatiana Walk-Morris • Feb. 3, 2020

Ann Taylor parent Ascena puts HQ up for sale

The apparel conglomerate continues to scramble to stem falling sales across its brands, after major operational shakeups last year.

By Daphne Howland • Updated Feb. 3, 2020

Levi's hopes in China stalled by coronavirus

The brand recently opened its largest Mainland store in Wuhan, the outbreak's epicenter, but is temporarily closing half its fleet in the country.

By Daphne Howland • Jan. 31, 2020

Stein Mart strikes deal to be taken over by private equity firm

Going private may reduce pressure on the retailer to turn itself around, but a debt-fueled buyout could be a risk.

By Ben Unglesbee • Jan. 31, 2020

Forever 21 looks to sell itself in bankruptcy

After initially entering Chapter 11 with plans to reorganize, the retailer started reaching out to prospective buyers last fall. 

By Ben Unglesbee • Jan. 31, 2020

Amazon one-day delivery fuels sales boom — and shipping ambition

The e-commerce giant is once again growing a non-retail business that already gives it an edge, observers say.

By Daphne Howland • Jan. 31, 2020

H&M names first female CEO as top leadership shuffles

COO Helena Helmersson takes over as chief while Stefan Persson steps down as chairman and names Karl-Johan Persson to replace him.

By Ben Unglesbee • Jan. 30, 2020

New credit loss accounting standard expected to pummel retail income

Macy's, Kohl's and Nordstrom, which depend on their in-house card customers for sales, may be impacted most, according to Morgan Stanley analysts.

By Robert Freedman • Jan. 30, 2020

Sycamore interested in Victoria's Secret: WSJ

The private equity firm holds stakes in several retail companies and has an existing tie-up with an L Brands supplier.

By Daphne Howland • Jan. 30, 2020

Nordstrom launches resale shop 'See You Tomorrow'

The department store joins a growing list of retailers that see promise in offering customers increasingly popular resale and rental options.

By Daphne Howland • Jan. 30, 2020

Walmart shuffles its operations team

The changes include the departure of Mark Ibbotson, its executive vice president of central operations and realty, who pioneered the company's online grocery program.

By Krishna Thakker • Jan. 30, 2020

Layoffs hit Walmart's Allswell brand

The cuts to more than half the digitally native home brand's staff come as the retail giant restructures its broader e-commerce strategy.

By Caroline Jansen • Jan. 29, 2020

WSJ: Stage Stores mulls bankruptcy as it looks to restructure debt

The report comes after a disappointing holiday period and as the retailer takes on an ambitious transition to off-price.

By Ben Unglesbee • Updated Feb. 12, 2020

Ikea goes after urban millennial consumers

The Swedish furniture retailer plans to open a new concept store in Vienna, Austria. The catch? Cars aren't welcome.

By Caroline Jansen • Jan. 29, 2020

L Brands chief reportedly exploring sale of Victoria's Secret

CEO Les Wexner is mulling strategic alternatives for the lingerie business and may step down from his post, according to reports.

By Daphne Howland • Jan. 29, 2020

J. Crew taps Victoria's Secret vet as CEO

Jan Singer spent two years leading the lingerie label, leaving in 2018 amid mounting struggles at that brand.

By Daphne Howland • Jan. 29, 2020

Does Pier 1 still have time to save itself?

The home goods specialist prepares to potentially close nearly half its stores amid talk of a possible bankruptcy or sale.

By Ben Unglesbee , Caroline Jansen • Jan. 29, 2020