Investment firm buys $141M in HBC shares to block take-private sale

Some HBC activist shareholders are resisting a June proposal led by Gov. Richard Baker that the board has deemed "inadequate."

By Daphne Howland • Aug. 19, 2019

When levees break: How retailers are preparing for a riskier natural world

The march of fearsome weather events has caught the attention of retailers, who collectively have some 26,000 stores at risk of climate-based calamities. 

By Ben Unglesbee • Aug. 19, 2019

Revlon explores a sale

The beauty brand faces increased competition from players like Sephora and Ulta, and drugstores that are investing in partnerships with DTC companies.

By Ben Unglesbee • Aug. 16, 2019

J.C. Penney sued by Zumba over marketing campaign

The fitness company took issue with the retailer's use of the slogan "From A to Zumba" to sell fitness apparel. 

By Ben Unglesbee • Aug. 16, 2019

J.C. Penney in Q2: 'progress' or 'another slice of gloom'?

While the retailer posted positive operating income and a narrowed net loss, it is still fighting against shrinking top-line and comparable sales. 

By Ben Unglesbee • Aug. 15, 2019

Retail closures more than double openings

Hundreds more stores could already be added to the count from Coresight Research, with openings notably found among discounters.

By Daphne Howland • Aug. 15, 2019

J.C. Penney follows Macy's in offering used apparel from ThredUp

The secondhand apparel site appears to be centering its brick-and-mortar strategy on partnerships, its latest with a retailer that has struggled in women's.

By Daphne Howland • Aug. 15, 2019

Walmart sets pace for competitors with strong Q2

The quarter vindicated Walmart's investments in omnichannel capabilities and digital sales as U.S. comps rose 2.8% during a trying period for other retailers.

By Ben Unglesbee • Aug. 15, 2019

Macy's lowers profit outlook after tough spring

Slow sales due to fashion misses and fewer tourists bloated inventory and forced markdowns in the quarter, the department store said.

By Daphne Howland • Aug. 14, 2019

Macy's debuts secondhand apparel sales with ThredUp

With this tie-up, which will be piloted in 40 stores, the department store aligns itself with a segment that is a bright spot in apparel retail.

By Daphne Howland • Aug. 14, 2019

Avenue to close all its stores

Store closures were confirmed, and the plus-size apparel retailer is working with Hilco and Gordon Brothers to wind down its physical footprint.

By Ben Unglesbee • Updated Aug. 14, 2019

Steve Madden snaps up Greats, BB Dakota in 2-day shopping spree

The footwear company, coming off a strong quarter, could boost its weaker men's offering with its acquisition of the digitally native sneaker brand.

By Daphne Howland • Aug. 13, 2019

Neiman Marcus sued again over MyTheresa transfer

UMB Bank alleges the corporate reshuffling of the "billion-dollar crown-jewel asset" was fraudulent and used to extract concessions from lenders. 

By Ben Unglesbee • Updated Aug. 12, 2019

Target expands Levi's offering with Red Tab items

The back-pocket trademark has been a sign of authenticity for decades, and signals the mass merchant's confidence in attracting high-spending customers.

By Daphne Howland • Aug. 12, 2019

Rite Aid names new CEO

Heyward Donigan is a seasoned healthcare executive, suggesting that the drugstore will join rivals in emphasizing medical services over retail.

By Daphne Howland • Aug. 12, 2019

Is Walmart doing enough to protect workers in its supply chain?

The retailer has been auditing, investigating and reporting on its supply chain to clean up labor abuses, but experts say current best practices fall short.

By Ben Unglesbee • Aug. 12, 2019

Pier 1 faces NYSE delisting, again

For the second time this year, the home goods retailer received notice that it isn't compliant with listing criteria. 

By Kaarin Moore • Aug. 9, 2019

Farfetch buys luxury platform New Guards Group for $675M

The move expands the high-end marketplace's capabilities and brings Virgil Abloh's Off-White, already a top seller on its site, into its portfolio.

By Daphne Howland • Aug. 9, 2019

J.C. Penney escapes NYSE de-listing threat

Improved profit numbers and other good news helped push the retailer's stock prices over $1 long enough to regain compliance with the stock exchange.

By Daphne Howland , Ben Unglesbee • Updated Dec. 3, 2019

Le Tote grabs Lord & Taylor for $100M

The deal ties up HBC and the apparel rental company in a few ways, and gives the department store a fighting chance.

By Daphne Howland • Updated Aug. 28, 2019

How Barneys New York lost its cool

The upscale retailer eschewed safe choices to bring the department store concept into the 21st century. It might liquidate in a matter of weeks.

By Daphne Howland • Aug. 8, 2019

Barnes & Noble, new owner close sale

The largest book chain in the U.S. is now a private company, and its new leadership says it's committed to physical stores.

By Daphne Howland • Aug. 8, 2019

Why retailers need to revisit their real estate strategies

The longstanding formula for ramping up real estate needs an update, write A&G Realty Partners' Peter Lynch and Jon Graub.

By Jon Graub and Peter Lynch • Aug. 8, 2019

CVS handily beats estimates, hikes 2019 forecast

The tailwinds helping the chain in the first quarter kept blowing in the second, generating revenue of $63.4 billion largely due to the Aetna acquisition.

By Rebecca Pifer • Aug. 8, 2019

A'gaci to auction IP in Ch. 11

After opting to liquidate in its second bankruptcy in less than two years, the apparel retailer is selling off its name and other brand assets.

By Caroline Jansen , Ben Unglesbee • Updated Sept. 18, 2019