Report: FTC staff to recommend against Walgreens-Rite Aid merger

The merger could be sunk because a deal with regional drugstore company Fred's reportedly isn't passing muster with FTC competition enforcers.

By Daphne Howland • June 13, 2017

Sears slashes 400 more corporate jobs

The move follows the elimination of 130 positions earlier this year and nearly 250 planned store closures for 2017. 

By Ben Unglesbee • June 13, 2017

Hudson's Bay-Neiman Marcus merger talks reportedly break down

The takeover may not have made much sense, considering the customer overlap, but Neiman Marcus is now left with fewer options in the face of mounting debt.

By Daphne Howland • June 13, 2017

Why Macy's couldn't sell its stores fast enough for Starboard

The hedge fund pressured the retailer to divest its real estate en masse. But while Macy's kept control of its destiny, the opportunity to extract the most value may have been missed.

By Ben Unglesbee • June 13, 2017

J. Crew announces debt restructure amid plummeting Q1 sales

Same-store sales plunged 9% in the quarter as CEO Mickey Drexler prepares to relinquish the keys to the struggling company.

By Daphne Howland • June 13, 2017

Licensing companies snap up BCBG assets

BCBG Max Azria could buck the odds and emerge from bankruptcy with wholesale and retail brand opportunities largely intact.

By Daphne Howland • June 13, 2017

'This is the Wild West': Inside Peapod's ambitious plans to defeat its online grocery rivals

The only online grocery player to survive the dotcom crash now faces a fresh wave of deep-pocketed challengers, including Instacart and AmazonFresh.

By Christopher Doering • June 13, 2017

Gymboree files for Chapter 11, expects $900M in debt relief

The children's apparel retailer has reached an agreement with its lenders that provides much needed operating capital and debt relief, a sign Gymboree's lenders see longterm potential in the company.

By Ben Unglesbee • June 12, 2017

Aldi announces $3.4B store expansion plan

After beginning a chainwide renovation earlier this year, the discounter also plans to expand to 2,500 stores by 2022, making it the third-largest grocer in the U.S.

By Jeff Wells • June 12, 2017

Hudson's Bay taps insider as flagship president in Canada

Alison Coville, an 18-year company veteran, will take the reins at the Canadian flagship just as the company embarks on a "transformation plan." 

By Daphne Howland • June 12, 2017

Ascena to reduce store count by 25%

CEO David Jaffe said the company has been working on its fleet optimization program and “aggressively going after” stores with lease terms that mature by July 2019.

By Daphne Howland • June 12, 2017

Blue Nile names former Target digital chief as CEO

Jason Goldberger, who left Target after just four months as chief digital officer and president of Target.com, will lead online jeweler Blue Nile.

By Daphne Howland • June 12, 2017

Going private may be 'the best thing that could happen' to Nordstrom

Despite several downgrades over its potential plan to go private, analysts told Retail Dive the department store is in a great position to restructure out of the glare of Wall Street.

By Daphne Howland • June 9, 2017

'Brick mining': Why a need for data led Fabletics to open stores

"We needed better, more contextual data — this is the reason we decided to open stores,” the athleticwear brand's President Gregg Throgmartin said at the IRCE conference in Chicago. 

By Laura Heller • June 9, 2017

Cabela's-Bass Pro Shops tie-up reportedly clears antitrust hurdle

The Federal Trade Commission has determined that the rivals’ close competition on price and similar sales strategies are not a major antitrust concern.

By Daphne Howland • June 9, 2017

Report: Sears sues another Craftsman supplier

The struggling retailer filed its second lawsuit in less than a month just days after resolving a dispute with vendor One World.

By Daphne Howland • June 9, 2017

Urban Outfitters plunges on same-store sales warning

The apparel retailer upset Wall Street with evidence in its quarterly SEC filing that its retail sales troubles run deep, sending shares down 10% in late trading Thursday.

By Daphne Howland • June 9, 2017

Hudson's Bay to cut 2K jobs amid 'transformation plan'

The Canadian department store company has been in expansion mode, but says it’s time to rationalize its brick-and-mortar operations in North America.

By Daphne Howland • June 9, 2017

Lowe's reportedly cuts 125 IT jobs, sending some to India

It's the second time in the last year the company has cut tech jobs as it reshapes the group and looks to off-shore IT functions.

By Dan O'Shea • June 8, 2017

Hanson: Under Armour aiming to be Facebook of connected fitness

“We want to own the connected fitness community in the same way that Facebook owns the social media community and LinkedIn owns the business community,” George Hanson, VP North America e-commerce told IRCE attendees in Chicago. 

By Dan O'Shea • June 8, 2017

Nordstrom to explore going private, shares soar 20%

Going private may give the department store chain more flexibility to reinvigorate the business, which continues to be buoyed by its off-price Rack unit.

By Corinne Ruff • June 8, 2017

Staples adds new CIO as it prepares for massive digital shift

The office supply retailer wants to improve its competitiveness by bringing more digital solutions to the market.  

By Justine Brown • June 8, 2017

Alibaba projects sharp growth thanks to Chinese middle class

While those consumers once headed to the commerce giant's marketplaces for basic household items and discounts, they’re now turning to them for higher end goods — and demonstrating a willingness to pay more for them.

By Daphne Howland • June 8, 2017

Vince focuses on e-commerce as loss widens in Q1

CEO Brendan Hoffman said the company's director-to-consumer sales including e-commerce improved despite a first quarter net loss of $9.3 million.

By Daphne Howland • June 8, 2017

Moody's: Department stores and distressed specialty retailers face long odds in coming months

The majority of the retail industry remains fundamentally healthy, but the ranks of the distressed — now at about 15% of U.S. retailers — will continue to grow.

By Daphne Howland • June 8, 2017