26 Sears, Kmart stores to close in October

The brands' new parent company, TransformCo, announced earlier this week that it "cannot rule out additional store closures in the near term."

By Caroline Jansen • Aug. 7, 2019

FedEx Ground won't renew delivery contract with Amazon

Until recently, parcel carriers brushed off the threat of Amazon's growing logistics network. That tune has changed.

By Matt Leonard • Aug. 7, 2019

Walgreens to shutter 200 US locations

The closures are part of a wider plan to capture more than $1.5 billion in cost saving each year, but in part reflect a lack of investment in store operations.

By Daphne Howland • Aug. 7, 2019

Is real estate poised to save retail?

Three years ago, Simon Property Group and GGP helped rescue an ailing Aeropostale. Now David Simon says there's more where that came from.

By Daphne Howland • Aug. 7, 2019

Nike buys data analytics startup Celect to boost DTC sales

Retailers use data from the cloud-based platform to optimize their inventories with hyper-local demand predictions.

By Robert Williams • Aug. 7, 2019

Office Depot pivot takes a toll on the bottom line

But the company's switch from traditional big-box retailer to a high-touch business solutions provider is boosting revenue, even in stores.

By Daphne Howland • Aug. 7, 2019

A'gaci shutters e-commerce operations

The move comes amid social media buzz about landlords locking doors in response to the retailer's failure to pay rent.

By Caroline Jansen • Aug. 6, 2019

Barneys New York expands financing to $218M

A New York bankruptcy court also approved $75 million of that, which the retailer said would help it pay vendors and employees as it works to sell itself.

By Daphne Howland • Updated Aug. 7, 2019

Francesca's adopts 'poison pill' after firm grabs nearly 22% stake

Cross River Capital and its entities say they have been in touch with the board and may go directly to shareholders to spur operational changes.

By Daphne Howland • Aug. 6, 2019

Apparel retailer Avenue quietly closes some store locations

There have been multiple reports of the plus-size retailer scaling back its brick-and-mortar footprint. 

By Kaarin Moore • Aug. 6, 2019

Walmart may tap unbanked market with cryptocurrency plan

The retailer filed a patent Thursday to develop a cryptocurrency as an end-run around credit card transaction fees.

By Dan Ennis • Aug. 6, 2019

CVS expands paid membership program nationwide

The retailer's CarePass pilot is being rolled out to all of its markets after finding it resonates with consumers of all ages.

By Daphne Howland • Aug. 5, 2019

Victoria's Secret cancels its runway show

The brand is under fire in the #MeToo era as smaller rivals take share, especially among younger shoppers.

By Daphne Howland • Aug. 5, 2019

Tariff whiplash is already taking a toll on retail

Retailers and brands have been scrambling to source elsewhere besides China, but it's not easy, quick or even possible for everyone.

By Ben Unglesbee • Aug. 5, 2019

Ascena tries to avoid delisting with reverse stock split

The retail group, which owns brands including Ann Taylor and Loft, has until Jan. 27 to regain compliance.

By Kaarin Moore , Ben Unglesbee • Updated Dec. 19, 2019

GameStop to lay off 50 staffers

In an internal email leaked on Twitter, the retailer said that it's reducing leadership positions as it seeks cost cuts.

By Ben Unglesbee • Aug. 2, 2019

Moody's: Despite Amazon's online dominance, retail as competitive as ever

Analysts pointed to digital investments as a sign that consumers benefit from retailers' competition with Amazon, but critics see deeper problems. 

By Ben Unglesbee • Aug. 2, 2019

Etsy boosts guidance as Q2 profits soar

Shares tumbled late Thursday, though, as the marketplace's sales missed expectations. But executives say they're confident in the future.

By Daphne Howland • Aug. 2, 2019

Zulily to lay off undisclosed number of employees amid sales slump

The flash sales site aims to return to growth through marketing improvements and a global expansion, executives said in May.

By Daphne Howland • Aug. 2, 2019

Lowe's slashes store-level jobs

The home improvement retailer announced layoffs among its maintenance and product-assembly staff as it looks to outsource the positions.

By Caroline Jansen • Aug. 2, 2019

Wayfair posts $182M loss

Net loss continues to widen for the online furniture retailer, raising concerns from analysts about the "long-term viability of the business."

By Caroline Jansen • Aug. 1, 2019

Lingerie startup Lively snapped up by Wacoal for $85M

The 70-year-old company gains digital chops, while the upstart gets new manufacturing and distribution resources and the chance to go global.

By Daphne Howland • Aug. 1, 2019

Target launches 'archives' collection highlighting design partnerships

The mass merchant is celebrating 20 years of working with famed designers to deliver its signature cheap chic offering to customers.

By Ben Unglesbee • Aug. 1, 2019

A.C. Moore names its next CEO

Anthony Piperno will take over the chief executive role from his father after taking on the title of president last year. 

By Ben Unglesbee • Aug. 1, 2019

WSJ: Nordstrom family working to boost stake

The department store's stock price has plummeted to below last year's cash offer from the group, which was rejected by its board as inadequate.

By Daphne Howland • Aug. 1, 2019