Report: Whole Foods' CEO Mackey has diminished role within the company

The founder and maverick CEO now works alongside two Amazon executives and reports to Steve Kessel, the company's head of physical stores, according to an organizational chart viewed by CNBC.

By Alicia Kelso • June 18, 2018

Rent-A-Center to sell itself, go private

A week after the rent-to-own retailer said it would go forward alone with a turnaround, it announced a nearly $1.4 billion deal with a private equity firm.

By Ben Unglesbee • Updated June 19, 2018

Global drugstore juggernaut to open 1,300 stores in 2018

A.S. Watson's massive brick-and-mortar expansion entails opening a new store every seven hours.

By Daphne Howland • June 18, 2018

One year later, has Amazon become the grocery disruptor everyone feared?

The e-tailer has gradually made Whole Foods a destination for Prime members, but its broader impact on the industry has so far been underwhelming, observers say.

By Jeff Wells • June 18, 2018

Zara betting on AI, big data to outflank competitors

The push to incorporate technology is working: Last week, the fashion retailer's parent company, Inditex, posted record Q1 sales. 

By Alex Hickey • June 18, 2018

Canada Goose expands in North America

The upscale outdoor retailer is installing cold rooms in New Jersey and Montreal so that customers can better test out parkas.

By Daphne Howland • June 18, 2018

Eddie Bauer names new president

The outdoor apparel brand was recently combined with surf retailer PacSun as private equity firm Golden Gate seeks operational efficiencies.

By Daphne Howland • June 18, 2018

A'gaci readies to exit bankruptcy in coming weeks

The women's apparel retailer is set to leave Chapter 11 with 20 fewer stores as it looks to boost its e-commerce game.

By Ben Unglesbee • June 15, 2018

Gap taps Billabong exec for flagship brand

Neil Fiske has 20 years of brand-building and turnaround experience in specialty retailing, both as CEO of Billabong International and Eddie Bauer.

By Daphne Howland • June 15, 2018

Rue21 puts post-bankruptcy team in place

With a new CEO and new financial and marketing chiefs tapped this week, the teen apparel retailer now has a short window to turn things around.

By Daphne Howland • June 15, 2018

Kroger exits Raleigh-Durham market amid intense competition

The grocer plans to close 14 stores in the region, where it has operated since 1989. Eight of the locations will be converted to the Harris Teeter banner.

By Alicia Kelso • June 15, 2018

May retail sales surge 6% over last year

A robust U.S. economy is fueling consumer spending and e-commerce benefited the most, jumping 9% from 2017. But a looming deficit and trade war threaten growth.

By Daphne Howland • June 15, 2018

Claire's posts sales gains as lenders fight over its future

The bankrupt teen retailer said its company and concession stores are boosting revenue, while in court lenders are battling over the plan to bring Claire's out of Chapter 11.

By Ben Unglesbee • Updated June 26, 2018

Lids debuts Times Square concept shop

The hat retailer needs the refresh after a tough holiday season and an announcement by owner Genesco that it plans to sell the brand.

By Daphne Howland • June 14, 2018

Joann unveils new concept store

With a massive fleet and an increasing number of shoppers moving online, the crafts retailer appears to be branching out from a retail strategy that had mostly succeeded for 75 years.

By Daphne Howland • June 14, 2018

Home Depot's solar deal with Tesla flames out

Home Depot’s partnership for solar products is a casualty of job cuts at Tesla, and its drive to reach profitability this year.

By Dan Alaimo • June 14, 2018

Zara fights off currency blows with record Q1 sales

Spanish fast-fashion company Inditex Group is making good on its new online-offline integration strategy.

By Daphne Howland • June 14, 2018

Is Macy's about to reinvent the department store?

With an investment this week in retail-experience startup b8ta and the acquisition of Story, the venerable retailer is poised to reclaim its position in retail’s avant garde. 

By Daphne Howland • June 14, 2018

Big Lots, Ollie's snatch up Toys R Us store sites

Retailers with large space needs posted winning bids at an auction of the bankrupt toy retailer's store locations this week. 

By Ben Unglesbee • June 14, 2018

Macy's and b8ta partner to grow new concept shops

The department store is also taking a minority stake in b8ta, which follows its acquisition last month of retail concept company Story.

By Daphne Howland • June 13, 2018

Guess' Paul Marciano resigns after conduct investigation

The company's co-founder will remain on the board and continue to receive a salary until the end of his contract in January 2019.

By Corinne Ruff • June 13, 2018

RH raises guidance as rebrand takes hold

The retailer is expanding its new, smaller gallery concept while also revamping the supply chain.

By Daphne Howland • June 13, 2018

Suitsupply opens 100th store

Founder Fokke de Jong sees further expansion on the way, saying the 18-year-old Dutch company has "more growth ahead of us than behind us."

By Daphne Howland • June 13, 2018

Urban Outfitters delivers on sales and Wall Street applauds

The apparel retailer is building on a strong first quarter as store sales at its brands increase and digital sales explode.

By Daphne Howland • June 13, 2018

Whole Foods is 'accelerating' its Prime savings rollout

The grocer added the membership discounts to stores in 10 states this week, and says it's getting strong customer feedback.

By Alicia Kelso • June 13, 2018