Ascena net loss widens to $238M

The apparel group has new leadership, a shrunken portfolio and a cost-cutting plan, but analysts say it must focus on inventory-bloating product missteps.

By Daphne Howland • June 11, 2019

Activist investor: Hudson's Bay take-private bid is 'woefully inadequate'

In a scathing letter to the retailer’s special committee, Land & Buildings said the offer "materially undervalues" the company's assets.

By Daphne Howland , Cara Salpini • Updated June 18, 2019

PVH taps new Calvin Klein CEO

Cheryl Abel-Hodges is moving up at the brand as new company president Stefan Larsson, who arrived last month, makes his mark.

By Daphne Howland • June 10, 2019

99 Cents Only cuts 2nd debt deal in as many years

Lenders agreed to take equity in the dollar retailer in lieu of payment, prompting S&P to downgrade the discount retailer's credit rating from CCC+ to CC.

By Ben Unglesbee • June 10, 2019

Gap commits to 100% sustainable cotton sourcing

The apparel brand also considers the entire life cycle of a garment in its sustainability accounting, as many textiles end up in the landfill.

By Emma Cosgrove • June 10, 2019

Retailing at the end of the world: How large chains liquidate

This year, several decades-old retailers shut down in bankruptcy as lenders and owners lost faith. These are boom times for companies that specialize in retail wind downs.

By Ben Unglesbee • June 10, 2019

FedEx Express to cut ties with Amazon

The air services contract will end on the heels of recent moves by the e-commerce giant to build out its own logistics network.

By Shefali Kapadia • June 7, 2019

Revolve opens strong on Wall Street with $1.3B valuation

Beyond its good investment fortune, the retailer's strengths position it to take share in the troubled apparel market, according to MKM Partners.

By Daphne Howland • June 7, 2019

WSJ: Barnes & Noble could land a rival bid

The newspaper reported that a major book distributor is working on an offer to top that of a hedge fund accepted by the bookseller's board last week.

By Ben Unglesbee • Updated June 11, 2019

Walmart begins in-home delivery in 3 cities

The company launched the membership program in Kansas City, Missouri; Pittsburgh; and Vero Beach, Florida, for a preliminary $19.95 a month.

By Jeff Wells • Updated Oct. 15, 2019

Nike taps new digital chief

Ratnakar Lavu, who was previously at Kohl's, arrives as Nike is increasingly leveraging tech for both products and stores.

By Daphne Howland • June 7, 2019

Tariffs could raise prices up to $25 at Ugg, Calvin Klein

Apparel brands that were safe from initial tariff increases now find themselves highly exposed to the proposed tranche four tariffs, which include apparel, leather and textiles.

By Morgan Forde • June 7, 2019

Walmart CEO backs higher federal minimum wage

"$7.25 is too low," Doug McMillon said in remarks delivered at the company's annual shareholder meeting Wednesday.

By Ryan Golden • June 7, 2019

Charlotte Russe resurrected with 5 new stores

The fashion house that bought the retailer's IP has plans to open 100 stores — about a fifth as many as the retailer had when it filed for Chapter 11.

By Ben Unglesbee • June 6, 2019

Amazon's new 'StyleSnap' feature could be a game changer — if it works

Once it launches, users will be able upload a photo of a style they like and get similar product recommendations from Amazon's assortment.

By Daphne Howland • June 6, 2019

Off-price retailers emerge as rare winners in trade war

Any business that can capitalize on uncertainty is sure to fair well in the midst of a global trade war. Burlington, Ross and TJX may do just that.

By Emma Cosgrove • June 6, 2019

Men's sales fuel Stitch Fix momentum

In addition to building out its customer base, the styling service grew revenue per active client, and sees great potential in its U.K. expansion.

By Daphne Howland • June 6, 2019

True Religion taps another interim CEO

Consultant Farla Efros replaces Chelsea Grayson, who herself was appointed only in November, on a temporary basis, to replace John Ermatinger.

By Daphne Howland • June 5, 2019

Ikea to roll out robotic furniture for tight living spaces

Through a partnership with Ori, the retailer plans to roll out the product in Hong Kong and Japan by 2020.

By Caroline Jansen • June 5, 2019

American Eagle Q1 revenues break record

The apparel retailer says it's leading in denim, and that's just more bad news for Gap.

By Daphne Howland • June 5, 2019

GameStop's turnaround pressures mount as sales drop 13%

In his first call with investors, the retailer's new CEO acknowledged "we need to transform to remain a viable player in our industry" as it rapidly digitizes. 

By Ben Unglesbee • June 5, 2019

Williams-Sonoma will halve China sourcing in the next year

Executives didn't say if the retailer will have to raise costs, but it has introduced products with a lower price point to offset any necessary price increases.

By Emma Cosgrove • June 5, 2019

Walmart expands $1 a day degree program

The big box retailer will subsidize the cost of tuition, books and fees. 

By Hallie Busta • June 5, 2019

CVS to open 1.5K HealthHUB stores in next 2 years

The pharmacy chain's shares were up 3% premarket Tuesday following the news, which was released in tandem with the company's 2019 Investor Day.

By Rebecca Pifer • June 4, 2019

Lands' End sales take a $17.9M hit as it closes Sears shops

The apparel brand might be making a smart move by taking control of its retail destiny, but parting with the declining department store chain won't be painless.

By Ben Unglesbee • June 4, 2019