Claire's files for bankruptcy

The teen retailer entered Chapter 11 with a plan to reduce its debt load, inject new capital and let lenders take over a stake in the company. 

By Ben Unglesbee • March 19, 2018

True Value announces buyout deal with private equity firm

If the deal is approved by members, it would end the hardware seller's days as a co-op, with retailers losing majority control in return for being able to cash in their equity.

By Ben Unglesbee • March 19, 2018

Authentic Brands snaps up Nautica from VF

This is the company's largest brand acquisition to date and will expand the Authentic Brands portfolio to nearly $7 billion in global retail sales, as VF continues to pare down its own stable.

By Daphne Howland • March 19, 2018

L.L. Bean laying off 100 amid flat sales

The iconic bootmaker is also nixing a new plan to embed Internet of Things sensors into its apparel.

By Daphne Howland • March 19, 2018

FAO Schwarz inks deal for North America airports

As former parent company Toys R Us fades away, the iconic toy seller is engineering a comeback.

By Daphne Howland • March 19, 2018

Macy’s CEO: Heritage won’t bring the company into the future

In a keynote at Shoptalk, CEO Jeff Gennette touted virtual reality for furniture sales, mobile checkout and private label as key pieces of the company's transformation. 

By Corinne Ruff • March 19, 2018

Nike brand chief departing amid misconduct allegations

Trevor Edwards has been widely seen as a successor to Nike CEO Mark Parker, who will now delay his own departure, Bloomberg reports.

By Daphne Howland • March 16, 2018

Ulta same-store sales momentum slows

An increase in e-commerce sales drove higher discounts and a variety of factors is leading the beauty retailer to scale back future expectations.

By Daphne Howland • March 16, 2018

Winn-Dixie parent Southeastern Grocers is filing for bankruptcy

The struggling company will close 94 stores across various banners and keep another 582 running.

By Jeff Wells • March 16, 2018

Boxed CFO out amid acquisition rumors

Acquiring the consumer goods e-commerce site is a logical play for a number of retailers as consumers increasingly do their grocery shopping online.

By Daphne Howland • March 16, 2018

Whistleblower alleges Walmart inflated digital sales

The retailer, however, said it looked into the "disgruntled" former executive's claims and found nothing of concern.

By Daphne Howland • March 16, 2018

How Toys R Us' bankruptcy hopes came crashing down

The toy seller entered Chapter 11 with the goal of a leaner, better business. Instead, a terrible holiday season sent it in a different direction. 

By Ben Unglesbee • March 15, 2018

Dollar General to open 900 stores in 2018

The company’s 28th consecutive year of positive same-store sales growth shows that not all retail is hurting, analysts say.

By Daphne Howland • March 15, 2018

Sears plans to build on 2017 'progress' as comps drop 15%

Executives maintain that operational performance is improving and the company is fully committed to a transformation.

By Corinne Ruff • March 15, 2018

Adidas is outpacing rivals in North America

The company's focus on street styles is protecting margins and winning fans on the home turf of Nike and Under Armour.

By Daphne Howland • March 15, 2018

Toys R Us to liquidate US business

Unable to meet the terms of a bankruptcy loan, the toy retailer is forced to liquidate domestic operations, though it might be able to salvage 200 stores.

By Ben Unglesbee • March 15, 2018

Warby Parker raises $75M, reaches profitability

The eyewear upstart has been a "unicorn" for a while and is widely anticipated to go public soon.

By Daphne Howland • March 15, 2018

Signet closing 200 stores

The company is regrouping after dismal fourth quarter results and belatedly making plans to reach millennials with a three-year transformation plan. 

By Daphne Howland • March 15, 2018

Williams Sonoma vows to be 'aggressive' this year

The company said it's ready for rising competition in the space and plans to better protect design assets going forward.

By Daphne Howland • March 15, 2018

Walmart sows the seeds for farm entry with drone patents

The retail giant is looking to improve produce offerings with six drone patents aimed at automating the farming process.

By Dan Alaimo • March 15, 2018

Bankrupt Bon-Ton faces two possible fates: Acquisition or death

The potential outcomes for the department store chain are narrowing as a judge clears a path for a bankruptcy auction, and bids emerge to both save and wind down the business.

By Ben Unglesbee • March 14, 2018

Walmart ramps up grocery delivery to head off Amazon

The retailer will offer same-day service from 100 markets — reaching more than 40% of U.S. households — by the end of the year.

By Jeff Wells • March 14, 2018

Retail defaults to peak in March, Moody's says

Analysts predict six more retail and apparel companies could default over the next year, likely sooner rather than later. 

By Ben Unglesbee • March 14, 2018

February core retail sales fell 0.1%

Sales improved dramatically from the year ago period, rising 4.2% thanks to healthy consumer confidence and a strong labor market.

By Daphne Howland • March 14, 2018

Ikea rolls out TaskRabbit furniture assembly service

The service is now available online, wherever TaskRabbit services are located, and in six Ikea stores from coast to coast.

By Daphne Howland • March 14, 2018