J.C. Penney 'going after Sears' and its appliance business

CEO Marvin Ellison keeps saying that Sears is "donating" market share in the space, but Penney's real saving grace is the Sephora concessions inside its stores.

By Daphne Howland • Jan. 5, 2018

Neiman Marcus CEO Karen Katz steps down

Ralph Lauren executive Geoffroy van Raemdonck will succeed her at the embattled luxury department store starting next month. 

By Daphne Howland • Jan. 5, 2018

AI startup draws $37M investment

Rubikloud's big funding payday is just another indication of how deeply AI is working its way into retail.

By Dan O'Shea • Jan. 5, 2018

A hammer with a banana? Kroger may partner with hardware chain Ace

With the grocer opening a restaurant and announcing it would offer a private label fashion line, adding a section devoted to tools, nails and other supplies makes sense.

By Jeff Wells • Jan. 5, 2018

Camping World to re-open 69 Gander Outdoors stores

From the get-go, Marcus Lemonis, chairman of new owner Camping World Holdings, has insisted that stores be profitable and well-managed in order to re-open.

By Daphne Howland • Jan. 5, 2018

Bon-Ton CFO leaves for Pier 1

The struggling department store chain has brought in a former Hudson's Bay CFO to manage finances weeks after missing a multimillion dollar interest payment on bonds. 

By Ben Unglesbee • Jan. 5, 2018

Costco sales soar 14.3% in December

The membership retailer appears to be jacking up digital sales, too, without much effort.

By Daphne Howland • Jan. 5, 2018

Sears closing another 100 stores

The announcement is just the latest in a series of store closures that have drastically shrunk two of the once most ubiquitous banners in American retail.

By Daphne Howland • Jan. 5, 2018

J.C. Penney sales grew 3.4% during the holiday period

Like many retailers, Penney grew its online sales as a percentage of its overall sales, but it lost market share in the two weeks after Thanksgiving, according to Earnest Research.

By Daphne Howland • Jan. 4, 2018

Toys R Us hires liquidator ahead of store closures

The bankrupt toy retailer is tapping Malfitano Advisors to liquidate inventory, furniture, fixtures and equipment, as well as coordinate planned store closures. 

By Ben Unglesbee • Jan. 4, 2018

Is off-price retail losing steam?

Wells Fargo analyst Ike Boruchow sees TJX in particular suffering from expansion, but others see the sector continuing to outpace the rest of retail.

By Daphne Howland • Jan. 4, 2018

Macy's to close more stores

A contraction of the department store's massive expansion of two decades ago continues despite decent holiday sales.

By Daphne Howland • Jan. 4, 2018

Destination Maternity taps another interim CEO

The largest retailer of maternity apparel continues to face headwinds as department stores and malls falter.

By Daphne Howland • Jan. 4, 2018

Amazon captured 44% of US online sales last year

The e-commerce giant also managed to grab 4% of all U.S. retail sales in 2017.

By Daphne Howland • Jan. 4, 2018

Cannabis retail sprouts up in California

The expanding legalization of cannabis is bringing traditional retailers to a new market.

By Daphne Howland • Jan. 3, 2018

Camping World buys Erehwon

The RV and outdoor retailer continued its acquisition spree with the purchase of Erehwon Mountain Outfitter just eight months after snapping up bankrupt Gander Mountain.

By Ben Unglesbee • Jan. 3, 2018

Amazon reportedly mulling CPG ads for Alexa

The company has been discussing the possibility with Proctor & Gamble and Clorox, and the move would be a big change for Alexa users.

By Daphne Howland • Jan. 3, 2018

Could Amazon really acquire Target?

Gene Munster, a former Piper Jaffray analyst, made the bold claim earlier this week. But others argue the prediction is "far fetched" and "a good PR stunt." 

By Daphne Howland • Jan. 3, 2018

Dyson opens NYC store on Fifth Avenue

The new space from the upscale appliance maker joins a host of brands opening stand-alone brick-and-mortar shops to spur engagement. 

By Daphne Howland • Jan. 3, 2018

Amazon Prime shipped over 5B items in 2017

The online giant sent out a slew of statistics about its devices, Prime membership and streaming services — but what do they mean?

By Daphne Howland • Jan. 3, 2018

37 state and local minimum-wage increases take effect

Minimum-wage increases could impact retailers in 18 states and 19 cities, with more set for later in the year.

By Valerie Bolden-Barrett • Jan. 2, 2018

Rent-A-Center CEO resigns (again)

Mark Speese has left the top executive spot for the second time in less than five years, and the company, under activist pressure, is looking to sell itself.

By Ben Unglesbee • Jan. 2, 2018

Record retail closures to continue apace in 2018

Department stores face an increasingly bleak future and stores will continue to shutter, but that doesn't mean that sales are all going online.

By Daphne Howland • Dec. 29, 2017

Kroger poised to leap-frog over Walmart, Amazon in seamless checkout

In the new year, Amazon and Walmart will have strong competition in cashier-free checkout as Kroger expands its successful "Scan Bag Go" pilot from 25 to 400 stores.

By Daphne Howland • Dec. 28, 2017

Home Depot reportedly mulling acquisition of $9B logistics company

XPO provides several retailers, including Amazon, with delivery services, and the home improvement retailer might be playing defense with the possible acquisition.

By Daphne Howland • Dec. 27, 2017