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

Farfetch acquires Stadium Goods for $250M

Stadium Goods' short stint on the luxury marketplace was enough to sell Farfetch Founder José Neves on its long-term potential.

By Daphne Howland • Dec. 13, 2018

Amazon opens first small-format Go store

The e-commerce giant has evolved its Go model to include compact stores for office buildings and hospitals.

By Dan O'Shea • Dec. 13, 2018

Instacart and Whole Foods part ways

The end of the five-year deal has been expected since Amazon bought the specialty grocer.

By Jessica Dumont • Dec. 13, 2018

Kroger buys pharmacy records from 42 Shopko stores

The announcement comes on the heels of Shopko's decision to close 39 stores.

By Jessica Dumont • Dec. 12, 2018

REI expands gear rental program with more ahead

For now, the outdoors retailer has opened up its rental program to include snowshoes, but more locations and products are slated for 2019.

By Cara Salpini • Dec. 12, 2018

Aerie comps soar 32%

The lingerie brand could be taking share from segment giant Victoria's Secret, but an inventory pileup at American Eagle could spell trouble, analysts say.

By Daphne Howland • Dec. 12, 2018

P&G buys disruptive marketer Walker & Company

The startup, which owns grooming brands Bevel and Form, looks to tap into the CPG giant's resources, while P&G can expand its multicultural offerings.

By Peter Adams • Dec. 12, 2018

Stitch Fix active client count rises 22%

Company executive Meredith Dunn is also leaving, and the retailer disappointed Wall Street with smaller active client growth.

By Corinne Ruff • Dec. 11, 2018

DSW's new loyalty program stoking sales

The footwear retailer is being underestimated, according to analysts.

By Daphne Howland • Dec. 11, 2018

Amazon to charge third-party sellers for safety violations

The new fines are aimed at merchandise sold by third parties but shipped by Amazon after an uptick in safety incidents involving third-party sellers.

By Emma Cosgrove • Dec. 11, 2018

WSJ: Under Armour fires 2 execs after internal review

Unnamed sources told the Journal the executives were in CEO Kevin Plank's "inner circle" and spent marketing funds on gifts for athletes and nights out.

By Cara Salpini • Dec. 11, 2018