Amazon laying off 'hundreds' of corporate employees

A company spokesperson confirmed layoffs first reported by The Seattle Times, but said the company continues to add to its ranks at home and abroad. 

By Daphne Howland • Feb. 12, 2018

LVMH investment arm backs sneaker startup Stadium Goods

Sneakerhead marketplaces are kicking up some serious deals, but is the market about to collapse?

By Daphne Howland • Feb. 12, 2018

David's Bridal downgraded over potential default

The wedding retailer is beset by competition in the sector and suffers from excessive debt, as well as belated investments in e-commerce. 

By Ben Unglesbee • Feb. 12, 2018

L.L. Bean pulls the plug on lifetime return policy

The outdoor retailer's liberal return policy has been abused in recent years, causing the company to put an end to the generous policy.

By Daphne Howland • Feb. 12, 2018

Barneys New York shuttering Upper West Side store

Department stores are under pressure and this leaves Barneys with just two New York City locations. 

By Daphne Howland • Feb. 11, 2018

Big Lots names chief customer officer amid brand repositioning

Stephen Haffer will join the discount retailer to expand the "customer-centric" approach the company announced five years ago. 

By Daphne Howland • Feb. 11, 2018

Does Lululemon need more than a new CEO?

Just when the athleisure innovator seemed to be putting a series of quality and public relations snafus behind it, the board may be bungling the ouster of its chief executive.

By Daphne Howland • Feb. 10, 2018

How Shinola is taking its 'built in Detroit' mission national

A successful brick-and-mortar expansion hinges on connecting the store to its Detroit-based manufacturing mission, head of retail Travis Harrison told attendees of Future Stores Miami.

By Corinne Ruff • Feb. 9, 2018

NRF: Retail sales to rise as much as 4.4% in 2018

Economic fundamentals are strong, but consumer confidence may be overstated given the high levels of consumer debt. 

By Daphne Howland • Feb. 9, 2018

GOAT, Flight Club merge to forge 'sneakerhead' empire

The two companies operate in the same rarefied space of sneaker obsession, a $2 billion resale industry.

By Daphne Howland • Feb. 9, 2018

Target, Casper deepen ties with new exclusives

The mattress startup has found a dreamy partner in Target, with its expansive store base and need for differentiated merchandise. 

By Daphne Howland • Feb. 8, 2018

CVS Health says it will use tax cuts to boost wages, growth strategy

The company has to become a better retailer first if it hopes to truly revolutionize healthcare, according to GlobalData Retail managing director Neil Saunders.

By Daphne Howland • Feb. 8, 2018

Amazon to offer Prime Now delivery from Whole Foods stores

This week, the grocer began offering the service in four markets, including free two-hour delivery to Prime members on orders of $35 or more.

By Jeff Wells • Feb. 8, 2018

Hudson's Bay rejects offer for German unit

The Canadian department store retailer said the offer, reported at $3.5 billion, undervalued the unit. 

By Ben Unglesbee • Feb. 8, 2018

At Home Depot, in-store innovation is a new kind of project

"Random acts of digital tend not to work," and human connection is key, Albert Vita, head of strategy insights and visual merchandising, told attendees at the Future Stores Miami conference.  

By Corinne Ruff • Feb. 8, 2018

Levi's has strongest year in over a decade

The jeans maker has turned to retail expansion and advancements in digital to drive growth.

By Daphne Howland • Feb. 8, 2018

GameStop taps company insider as new CEO

Former CEO J. Paul Raines has been ill for several months, and officially stepped down earlier this week.

By Daphne Howland • Feb. 8, 2018

Williams-Sonoma taps new CTO

Yasir Anwar will lead all technology aspects of the company’s digital experience, retail stores and supply chain, and will oversee its new subsidiary, Outward Inc.

By Daphne Howland • Feb. 7, 2018

Target's Shipt will deliver to 'your kitchen table'

The company's CEO Brian Cornell dismissed the notion that he should have either Amazon or Walmart in his peripheral vision, saying, "We’ve got to focus on our game plan."

By Daphne Howland • Feb. 7, 2018

Why Best Buy is investing in employees

Executives at the big-box retailer have spent the last several years rethinking how to boost customer engagement. Turns out, the employee came first. 

By Corinne Ruff • Feb. 7, 2018

Will Whole Foods' 365 continue to grow under Amazon?

More than a dozen new locations are in development, but will the e-tailer see the value in a second format as it also tries to resuscitate the main brand?

By Dan Alaimo • Feb. 7, 2018

Bon-Ton wins $725M loan as some press for liquidation

The bankruptcy financing will keep the retailer operating while it looks to either turn around or sell itself in Chapter 11. But some creditors say Bon-Ton should shut down immediately.

By Ben Unglesbee • Feb. 7, 2018

Tapestry giving Kate Spade the Coach treatment

Coach continues to demonstrate the virtues of pulling back from discounts and wholesale to see quarterly sales soar 35%, and the parent-company will apply the strategy to its newly acquired brand. 

By Daphne Howland • Feb. 7, 2018

Walmart's Store No. 8 buys VR startup

The retail giant's acquisition of Spatialand, unlike most of its recent takeovers, is unlikely to move the needle on sales for the immediate future.

By Daphne Howland • Feb. 6, 2018

Kroger sells c-stores in $2.15B deal

The grocer, which announced it would put the division up for sale last fall, named European operator EG Group as the buyer.

By Erika Kincaid • Feb. 6, 2018