Forever 21 files for bankruptcy with plans to close up to 178 stores

The fast-fashion retailer is using the court process to rightsize its business just as the holiday season is set to commence.

By Daphne Howland • Sept. 30, 2019

Bed Bath & Beyond adds experiences to wedding registries

The retailer partnered with VEBO to offer couples the option to add things like wine tastings and spa trips to their gift lists.

By Lisa Rowan • Sept. 30, 2019

Moody's splashes cold water on Madewell IPO

Solving J. Crew's debt crisis with the proceeds from an IPO of the smaller denim business may not bode well for either brand.

By Daphne Howland • Sept. 30, 2019

Is Amazon on a collision course with the government?

As investigations into the e-commerce giant's marketplace and competitive practices heat up, it faces a heightened risk of antitrust litigation. 

By Ben Unglesbee • Sept. 30, 2019

Bloomberg: Walmart fielding interest in JetBlack

The retail giant is talking with parties about potentially partnering with the unit or buying it outright.

By Ben Unglesbee • Sept. 27, 2019

NYC retail vacancies doubled over 10 years

Rent spikes and red tape are pushing retailers out, and are especially devastating to mom-and-pop stores, according to the city's comptroller.

By Daphne Howland • Sept. 26, 2019

Lululemon to shutter Ivivva brand by mid-2020

The retailer will wind down the kids business, including its online presence and seven physical locations, a spokesperson said.

By Cara Salpini • Sept. 26, 2019

New Rite Aid CEO 'optimistic about our future' as profits beat estimates

Just a few weeks into the job, Heyward Donigan struck an upbeat note while also pointing to the "urgency" in executing on a new strategic plan. 

By Ben Unglesbee • Sept. 26, 2019

Pier 1 to close at least 70 stores as loss doubles

The distressed retailer could face even more closures — up to 15% of its portfolio, or more than 140 locations — if it can't improve its performance.

By Caroline Jansen • Sept. 26, 2019

Ikea plots new store concept in Queens

The store is the Swedish furniture retailer's third location in New York City, coming after the opening of its urban planning studio in April.

By Caroline Jansen • Sept. 26, 2019

Amazon launches virtual medical clinic for Seattle employees

The trial, called Amazon Care, includes in-person followup doctor visits at an employee's home or office, along with at-home prescription drug delivery.

By Rebecca Pifer • Sept. 25, 2019

EBay CEO steps down

Devin Wenig's departure, which comes amid a strategic and operational review, was due to "a number of considerations," the company's chairman said. 

By Ben Unglesbee • Sept. 25, 2019

Gap Inc. poaches Sephora exec for Athleta's new CEO

Mary Beth Laughton previously held leadership roles at Nike as well, and seems adept at stoking e-commerce.

By Kaarin Moore • Sept. 25, 2019

Nike posts 'rock-solid' Q1 with strong women's, digital sales

Despite looming tariffs, CEO Mark Parker expressed confidence that the brand has "a lot of levers we can work with."

By Cara Salpini • Sept. 25, 2019

Marshalls introduces e-commerce store with interactive features

The move allows the off-price retailer to grab a share of the e-commerce market as consumer shopping behavior shifts online.

By Tatiana Walk-Morris • Sept. 25, 2019

Best Buy aims for $50B in revenue in 2025

The retailer also plans to cut $1 billion in costs, positioning itself to carry on "as one of the top performers in US retail," Moody's said.

By Daphne Howland • Sept. 25, 2019

Lease of faith: Why churches are going into malls

Spaces once occupied by retailers are being taken over by religious organizations as malls look for new tenants to fill empty storefronts.

By Kaarin Moore • Sept. 25, 2019

Overstock CFO resigns as permanent CEO is named

Greg Iverson left amid turbulence around the exit of its former CEO, Patrick Byrne, as Jonathan Johnson steps into the chief executive role.

By Ben Unglesbee • Sept. 24, 2019

Happy Returns expands partnership with World Market

The returns facilitator will be available at all 276 store locations in time for the holiday season, which can serve as both boon and burden for retailers. 

By Lisa Rowan • Sept. 24, 2019

Bloomberg: Ascena considers selling Lane Bryant, Catherines

The company bought the plus-size retailers in 2012, when the specialty approach to sizing was already falling out of favor.

By Daphne Howland • Sept. 24, 2019

Walmart's Allswell brand expands beyond the bedroom

The retail giant's homegrown digital brand, which has focused on selling mattresses and bedding, announced its first bath collection.

By Caroline Jansen • Sept. 24, 2019

'Retail apocalypse' could last another 2 years

With most retailers over-stored, expect more closures ahead, especially at B- and C-class malls, according to a report from B. Riley FBR.

By Ben Unglesbee • Sept. 23, 2019

HBC to close stores in the Netherlands

The news follows the retailer's steep earnings decline earlier this month.

By Tatiana Walk-Morris • Sept. 23, 2019

With acquisitions pending, Sears Hometown hemorrhages sales

In a second quarter marked by the sale of the Outlet business, comparable sales fell nearly 22% at the retailer.

By Ben Unglesbee • Sept. 20, 2019

Madewell IPO may be in limbo as talks with lenders break down

As part of a debt swap last year, the lenders stipulated that the company needed their permission before selling the smaller brand or taking it public.

By Daphne Howland • Sept. 20, 2019