Rite Aid sees sunnier times ahead

Sales slowed in the fourth quarter but new parents, Albertsons and Walgreens, will help right the ship in coming months, executives said on Thursday.

By Daphne Howland • April 12, 2018

Retail CEOs meet with White House on tax and regulatory overhauls

While tariffs were apparently not discussed at the meeting, orchestrated by the NRF, the trade group's CEO last week decried Trump's escalating tariffs on Chinese products as a trade war.

By Corinne Ruff • April 12, 2018

Bed, Bath & Beyond plunges on falling sales

CEO Steven Temares told analysts the retailer is working to differentiate merchandise and position stores with "treasure hunt" potential, but locations may need more.

By Daphne Howland • April 12, 2018

A trade war could hurt retail, jobs and opportunity

The looming trade war between the U.S. and China would hurt small business, writes Jack Ma, executive chairman of Alibaba. 

By Jack Ma • April 12, 2018

Toys R Us poised to sell Asia, Central Europe operations

The bankrupt company is also seeing better-than-expected proceeds from the wind-downs of its European and American businesses, attorneys said in court.

By Daphne Howland • April 12, 2018

Giant Eagle nails down co-location deal with Ace Hardware

The new partnership will place branded hardware outlets inside four of the grocer's stores, with the first one set to open this summer.

By Cathy Siegner • April 12, 2018

UPDATE: Bon-Ton may be headed for liquidation after losing key bid condition

A federal bankruptcy judge nixed a proposal to pay an investor group $500,000 as part of a buyout agreement to keep the retailer going. But the parties are still interested, The Wall Street Journal reports.

By Ben Unglesbee • April 11, 2018

Asos boosts investments as sales soar 27%

As Asos celebrates a new milestone — 1 billion site visits — CEO Nick Beighton said the company needs to keep the momentum going.

By Corinne Ruff • April 11, 2018

Retail defaults hit an all-time high in early 2018

Moody's analysts said that the nine retail defaults are already in range of last year's totals, and single-month defaults in March and February were the most in 20 years. 

By Ben Unglesbee • April 11, 2018

Startup subscription service Billie raises $6M

The female-focused competitor to Harry's and Dollar Shave Club held a second funding round to meet growing consumer demand.

By Cara Salpini • April 11, 2018

Adidas takes on equal pay with #20PercentCounts

The company's flagship Adidas and Reebok brands are joining the likes of Lyft and P&G to raise awareness of the consequences of gender and racial pay disparities.

By Daphne Howland • April 11, 2018

Brookstone opens up stores to inventors

The gadget retailer is partnering with store analytics firm RetailNext to help makers and entrepreneurs develop new products.

By Daphne Howland • April 11, 2018

Ikea planning for a city-dominated world

The Swedish furniture giant is planning for a reality where more people have tighter budgets and smaller spaces, CEO Jesper Brodin told Bloomberg this week.

By Daphne Howland • April 11, 2018

Whole Foods and Walmart expand home delivery to new cities

Amazon Prime Now delivery is now available at Los Angeles-area Whole Foods stores, while Walmart announced a deal with Postmates for delivery in North Carolina. 

By Jeff Wells • April 10, 2018

Mattel to shutter New York office

The move, part of an ongoing $650 million cost savings plan, will affect roughly 100 employees.

By Corinne Ruff • April 10, 2018

Sephora buoys LVMH with 'rapidly' growing online sales

The upscale retail conglomerate posted significant gains in all segments, but there may be headwinds coming down the pike.

By Daphne Howland • April 10, 2018

Bon-Ton has a bid in hand from mall operators

The bid, for at least $128 million in cash, would keep the department store retailer operating — but it could face a competing bid from bondholders who want to liquidate Bon-Ton's assets.

By Ben Unglesbee • April 10, 2018

REI to enforce sustainability standards for vendors

By 2020, the outdoors retailer said that the more than 1,000 brands it sells must follow newly released product sustainability standards.

By Cara Salpini • April 10, 2018

Best Buy to open first store in 7 years

The big-box retailer would not comment on whether there are more to come.

By Daphne Howland • April 10, 2018

Mergers and acquisitions expected to heat up this year

The annual study from A.T. Kearney found that while deal volume and value dropped in 2017, political events and consumer trends point to more global mergers and acquisitions.

By Cathy Siegner • April 10, 2018

Sneak peek: Nordstrom opens in NYC with first-ever men's store

Nordstrom's new men's store raises the retail bar with a modern blend of merchandise, technology and cutting-edge service.

By Lara Ewen • April 9, 2018

Can Amazon and its marketplace rivals fix their counterfeits problem?

Counterfeiting could soon be a $1 trillion criminal enterprise. As fakes proliferate online, the government is taking notice and brands are taking their arguments public — and to court.

By Ben Unglesbee • April 9, 2018

Nine West wins $300M bankruptcy loan and a bid for flagship brand

Authentic Brands, which recently picked up Nautica, has offered $200 million for Nine West's flagship intellectual property, while the remaining business would be taken over by lenders. 

By Ben Unglesbee • April 9, 2018

What the online tax debate means for Amazon marketplace sellers

As the U.S. Supreme Court prepares to hear oral arguments in the case, sellers on the e-commerce marketplace fear there may be implications.

By Corinne Ruff • April 9, 2018

Levi's hits LVMH-owned Kenzo with trademark lawsuit

The iconic jeans maker said that Kenzo's new Britney Spears collection in particular is a violation of a trademark it has owned for over a century.

By Daphne Howland • April 9, 2018