Sears looks for bidders who aren't Eddie Lampert

The bankrupt retailer did not select a stalking horse bid and instead is pushing for more offers ahead of the Dec. 28 final deadline. 

By Corinne Ruff • Dec. 19, 2018

Debtwire: Payless lenders prep for downward spiral

Lenders are reportedly in the early stages of organizing after growing concerns that the company is falling short of financial expectations.

By Corinne Ruff • Dec. 19, 2018

Ikea to open most sustainable store yet

The Swedish retailer's latest London-area store will have a roof garden, solar panels and classes where customers can learn about sustainability. 

By Daphne Howland • Dec. 19, 2018

Target's Shipt to expand to all major product categories

The service currently offers same-day delivery on more than 55,000 Target groceries, essentials, electronics, toys and other products.

By Corinne Ruff • Dec. 19, 2018

Drugstores, supermarkets and specialty set to grow in 2019

But headwinds, including tariffs and higher wage and freight costs, will keep retailers on their toes, according to a Moody's report.

By Daphne Howland • Dec. 18, 2018

12 news stories that shaped retail in 2018

From Sears and Mattress Firm's bankruptcies to Walmart's $16 billion Flipkart buy, here's a look back at the biggest news from the last 12 months.

By Corinne Ruff • Dec. 18, 2018

Saks to shutter Brookfield Place women's store in New York

While the branch is in an area not conducive to women's apparel sales, the move also reflects the chain's overall weakness, analysts say.

By Daphne Howland • Dec. 18, 2018

Court sides with Rent-A-Center in merger dispute

Left undecided is the fate of the breakup fee, which the rent-to-own retailer expects to collect but Vintage Capital banker B. Riley continues to dispute.

By Daphne Howland • Updated March 18, 2019

Kroger's driverless delivery pilot enters next phase

The retailer and its technology partner, Nuro, will put unmanned vehicles on the road for the first time as part of a test in Scottsdale, Arizona.

By Jeff Wells • Dec. 18, 2018

Target makes Christmas Eve delivery guarantee on eligible orders

The mass merchant is offering free deliveries of qualified online orders placed by Dec. 20, the same cutoff at Walmart for orders from a broader assortment.

By Corinne Ruff • Updated Dec. 18, 2018

Genesco unloads Lids for $100M

The Nashville-based retail company, which runs Journeys in the U.S., has been shopping around the struggling banner since February.

By Daphne Howland • Dec. 17, 2018

Bankruptcy court approves Toys R Us Asia sale

Fung Retailing, which previously owned 15% of a joint venture comprising Toys R Us' Asian operations, will take over the business for $760 million.

By Corinne Ruff • Dec. 17, 2018

LVMH expands portfolio with $2.6B Belmond travel deal

With this move, the luxury conglomerate continues to strengthen its upscale stance and expand beyond retail.

By Daphne Howland • Dec. 17, 2018

Lowe's refocuses in wake of missteps

The home improvement retailer announced a new slogan and an emphasis on retail fundamentals as new CEO Marvin Ellison continues to tweak operations.

By Daphne Howland • Dec. 17, 2018

FedEx launches 'extra hours' for retailers during peak

The new service is intended to allow afternoon orders to be shipped same-day to better ensure delivery within two days.

By Emma Cosgrove • Dec. 17, 2018

Lowe's 'historically underinvested' in IT, dedicating $500M to overhaul systems

Five CIOs in the last eight years resulted in "inconsistent strategy and low accountability," said CIO Seemantini Godbole​.

By Samantha Schwartz • Dec. 17, 2018

November sales surge, fueling holiday retail

Consumer optimism took a dive, but that's not keeping Americans from spending this season.

By Daphne Howland • Dec. 14, 2018

Amy Schumer debuts inclusive-size collection at Saks Off 5th

The off-price retailer is just the latest to develop apparel that more women can shop for, putting pressure on plus-size specialists.

By Daphne Howland • Dec. 14, 2018

Costco stokes e-commerce with little hit to margins

The wholesaler grabbed sales from more people who live further from stores, and healthcare and grocery competitors took bigger bites out of profits.

By Daphne Howland • Dec. 14, 2018

Court cancels auction of Sears home improvement business

Without any other qualifying bids, the unit is expected to go to the stalking horse bidder, Service.com, for $60 million.

By Corinne Ruff • Dec. 14, 2018

Walgreens to sell overstock, returns via B2B marketplace

The retailer will partner with liquidation platform B-Stock to rid itself of excess inventory.

By Dan O'Shea • Dec. 14, 2018

New York sues Walmart, Target over toys containing lead

The lead levels found in craft kits were high, but the retailers say they removed them from shelves as soon as they were notified two years ago.

By Daphne Howland • Dec. 14, 2018

L Brands selling La Senza

The retail company sold off Henri Bendel earlier this year, too, to focus on its larger brands, including faltering Victoria's Secret.

By Daphne Howland • Dec. 13, 2018

Zola plots NYC pop-up for engagement season

The location will include 2,000 of the company's most popular wedding registry gifts and products, as well as stations for couples to create wedding websites and 3D print custom cake toppers.

By Corinne Ruff • Dec. 13, 2018

Office Depot to sell and install Google smart home devices

The office supplies retailer continues to expand its services, especially to small- and medium-sized businesses.

By Daphne Howland • Dec. 13, 2018