JD.com and Fung align for AI development

Walmart's partner is increasing its commitment to developing technology as the retailer eyes new markets.

By Dan O'Shea • Feb. 5, 2018

Lululemon CEO resigns over conduct

Laurent Potdevin is leaving under murky circumstances just as the athleisure retailer regains its footing.

By Daphne Howland • Feb. 5, 2018

Hudson's Bay names CVS Health's Helena Foulkes new CEO

Foulkes recently landed at number 12 on Fortune magazine's most recent list of Most Powerful Women in Business, but is an unexpected choice to lead the department store chain.

By Daphne Howland • Feb. 5, 2018

30 minutes with 35-year retail veteran Mike Edwards

The former CEO of Lucy, Borders and eBags recalls how the demise of the second largest bookseller was "the ultimate wake-up call." Those lessons and more have made Edwards a believer that technology is the path to retail success. 

By Corinne Ruff • Feb. 5, 2018

Macy's launches 'modest' apparel line

The "Verona" collection springs from the department store's minority- and women-owned business development program founded in 2011 to further vendor diversity.

By Daphne Howland • Feb. 5, 2018

Bon-Ton files for Chapter 11

After nearly two months of negotiating with bondholders and years of declining sales, the ailing department store retailer went to court seeking bankruptcy protection Sunday. 

By Ben Unglesbee • Feb. 5, 2018

Lowe's expands benefits, employee bonuses

The home improvement retailer is paying a one-time $1,000 bonus to all eligible U.S. employees in a tight job market.

By Daphne Howland • Feb. 5, 2018

Analyst: Walmart a ‘logical buyer’ for Blue Apron

The troubled meal kit company is starting to turn things around and could make for another valuable e-commerce purchase by the world's largest retailer, according to Gabelli & Co. analyst Matthew Trusz.

By Dan Alaimo • Feb. 5, 2018

Dollar General seeks new vendors

The deep discounter is holding a summit to bring together potential suppliers with buyers in an effort to diversify offerings, including in food, according to IGD Retail Analysis. 

By Daphne Howland • Feb. 4, 2018

Christopher & Banks taps Dick's exec as CEO

The struggling women's apparel retailer is trying to increase fashion offerings without alienating its core base of older customers. 

By Daphne Howland • Feb. 4, 2018

Whole Foods' inventory system reportedly crushing employee morale

The troubles erupting at Whole Foods underscore how much of a learning curve Amazon has when it comes to brick-and-mortar operations in general — and grocery in particular.

By Daphne Howland • Feb. 2, 2018

Ralph Lauren's promotional pullback hits revenue

The company's retreat from department stores is a necessary part of rebuilding its brand, but revenue will likely continue to suffer this year.  

By Corinne Ruff • Feb. 2, 2018

Guess shares sink over sexual harassment claim

Former "Guess Girl" Kate Upton tweeted the explosive claim as the company introduced a new brand rep, Jennifer Lopez.

By Daphne Howland • Feb. 2, 2018

Harley-Davidson to cut 800 US jobs amid plummeting sales

The company is welcoming the new tax bill, but the U.S. rejection of the Trans-Pacific Partnership agreement is going to hurt.

By Daphne Howland • Feb. 2, 2018

Sears CEO loans millions more to ailing retailer

Eddie Lampert keeps funneling money to fund retail operations as layoffs and store closings continue. 

By Daphne Howland • Feb. 2, 2018

Nordstrom shutters Oregon store amid go-private talks

The closure comes following a 2.5% sales increase during the holiday season, but uncertainty over whether Nordstrom family members will take the company private lingers. 

By Daphne Howland • Feb. 2, 2018

Amazon Q4 sales soar 38% to $60.5B

Jeff Bezos is pumped up about Alexa's fourth quarter performance. "Expect us to double down," he said.

By Daphne Howland • Feb. 1, 2018

UPDATE: Bon-Ton shares store closure locations amid turnaround

The struggling department store will shutter many stores in Illinois, Wisconsin and Pennsylvania as it revamps merchandising and marketing efforts.

By Daphne Howland • Feb. 1, 2018

Costco co-founder bids farewell

With Jim Sinegal's departure and the recent unexpected death of co-founder Jeff Brotman, the company is now being run by executives unconnected to its roots.

By Daphne Howland • Feb. 1, 2018

Alibaba takes stake in Ant Financial as revenue surges 56%

CEO Daniel Zhang deemed it "another great quarter" driven by the continued strength of the Chinese consumer and the wide reach the company is achieving.

By Daphne Howland • Feb. 1, 2018

Boxed rejects Kroger bid, looks elsewhere for offer

The competition to acquire the e-commerce wholesaler has intensified, and Amazon, Walmart and Target may all be potential buyers.

By Dan Alaimo • Feb. 1, 2018

H&M scales back store openings, unveils Afound brand

CEO Karl-Johan Persson said the company must move more quickly to follow its customers online.

By Daphne Howland • Feb. 1, 2018

Sears cuts 220 corporate jobs

The retail company continues to rely on cost cutting and financial maneuvers to stay afloat.

By Daphne Howland • Feb. 1, 2018

Revlon CEO exiting after less than two years

Board member Paul Meister will oversee day-to-day operations in the interim, and the daughter of longtime board chairman Ron Perelman, Debra, is taking the COO spot.

By Daphne Howland • Jan. 31, 2018

Is Amazon dipping into higher ed?

Candace Thille, an expert in the science of learning from Stanford University, has been hired by the retailer to train workers and potentially more. 

By Shalina Chatlani • Jan. 31, 2018