Walmart reportedly cutting 1K corporate jobs

The cuts are expected to be finalized by the end of the month, sources told The Wall Street Journal.

By Corinne Ruff • Jan. 16, 2018

CVS bans photo altering for in-store beauty brands

The drug store chain is also calling on brands such as Revlon, L'Oréal and Johnson & Johnson to follow the new standards. 

By Erica Sweeney • Jan. 16, 2018

Beauty retailer Kiko USA files for bankruptcy

The U.S. arm of an Italian makeup seller is looking to close all but five of its domestic locations in Chapter 11 and refocus on e-commerce. 

By Ben Unglesbee • Jan. 16, 2018

Activist investor reportedly grabs stake in Lowe's

Anticipation of such a move has swirled since the fall, as Lowe's continues to play "second fiddle" to rival The Home Depot.

By Daphne Howland • Jan. 16, 2018

As Sam's Club downsizes, BJ's moves to fill the void

The warehouse retailer sees an opportunity in Walmart's store closings, but it’s Costco that could get the greatest benefit.

By Daphne Howland • Jan. 16, 2018

Kering sheds Puma to focus on luxury sales

The move is a vote of confidence by the brand owner in high-end luxury shoppers.

By Daphne Howland • Jan. 15, 2018

Amazon’s Alexa could start giving out opinions

The virtual assistant may eventually respond to recommendation-based questions with more thoughtful answers, not just the facts.

By Dan O'Shea • Jan. 15, 2018

Walmart CEO Doug McMillon: 'You can't slow down change'

The quest for technology hasn't changed Walmart's core values or mission — it's just made things move faster, McMillon told attendees at the NRF's Big Show. 

By Laura Heller • Jan. 15, 2018

Nordstrom reportedly set to restart go-private talks

Previous efforts fell through, but going private could still be the right move for the department store retailer, despite healthy holiday sales.

By Daphne Howland • Jan. 15, 2018

Boxed CEO: brick and mortar is 'absolutely' in its future

Chieh Huang did not confirm or deny rumors at the NRF's Big Show that the e-commerce company would be acquired by Kroger, but still hopes to "push the button on the New York Stock Exchange."

By Cara Salpini • Jan. 15, 2018

Bon-Ton bankruptcy could be 'imminent'

Bloomberg and The Wall Street Journal report the struggling department store chain could file for bankruptcy in the coming weeks after having missed a $14 million interest payment last month.

By Ben Unglesbee • Jan. 12, 2018

Lacoste's US stores accept Alipay to target Chinese tourists

The sportswear brand is adding the popular payments platform to select stores.

By Robert Williams • Jan. 12, 2018

T-Mobile opens 5th 'signature store'

Tech demos and customer perks are a start, but more retailers need to start selling their brand's experience, according to Retail Prophet Doug Stephens.

By Daphne Howland • Jan. 12, 2018

Women's fashion retailer A'gaci files for bankruptcy

The apparel retailer entered Chapter 11 with plans to close 65% of its stores, saying that physical over-expansion and 2017's devastating hurricanes destroyed its bottom line. 

By Ben Unglesbee • Jan. 12, 2018

2017 retail sales the best in three years

Looking at specific categories, December sales and overall 2017 retail sales were a mixed bag, according to the latest retail sales report from the U.S. Department of Commerce.

By Daphne Howland • Jan. 12, 2018

Neiman Marcus among retailers with highest bankruptcy risk

Several metrics point to a risk of default as high as 50% for the luxury department store retailer, according to a new report from CreditRiskMonitor. 

By Ben Unglesbee • Jan. 12, 2018

Amazon reportedly eyeing 1M square feet of office space in Boston

A report by the Boston Globe has sparked speculation that the city may become the home of the company's second headquarters.  

By Daphne Howland • Jan. 12, 2018

Signet suffers holiday sales decline

The jewelry company is suffering from the sale of its credit portfolio, especially at Kay stores where people tend to finance engagement rings.

By Daphne Howland • Jan. 12, 2018

Walmart shuttering 63 Sam's Clubs in shift to e-commerce

Twelve of the locations will be converted to e-commerce fulfillment centers, a symbol of Walmart's recent focus on online shopping.

By Daphne Howland • Jan. 12, 2018

Sports retailers should court women and streetwear in 2018

Some changes will cost retailers sales in the short term, according to NPD Group VP Matt Powell, and the state of the sector will get worse before it gets better.

By Daphne Howland • Jan. 11, 2018

Walgreens launches first new store concept in years

The pilot stores will open by early summer and focus on enhanced beauty and health services.

By Daphne Howland • Jan. 11, 2018

UPDATE: Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it borrowed another $100 million from its CEO's hedge fund. 

By Ben Unglesbee • Jan. 11, 2018

Walmart to bump starting hourly pay up to $11

The retailer is positioning the increase as a benefit of tax reform, but it could also have a lot to do with rising minimum wage requirements nationwide.

By Daphne Howland • Jan. 11, 2018

Under Armour debuts connected running shoes

The athletics retailer looks to shake off its 2017 market blues at CES with the release of next-gen connected footwear.

By Dan O'Shea • Jan. 11, 2018

Will Amazon give beauty a makeover?

Speculation abounds that the e-commerce giant could be brushing up against the beauty sector next. But how much do players like Sephora and Ulta really have to fear?

By Cara Salpini • Jan. 11, 2018