Hudson Yards developer reportedly in talks to invest in, buy Neiman Marcus

Neiman Marcus emerged as a major tenant of the $25 billion project three years ago, but the company has since faltered badly.

By Daphne Howland • May 25, 2017

Report: Wal-Mart remodeling hundreds of stores to ease in-store pickup

The retail giant is getting a lot of attention for its series of e-commerce acquisitions, but executives made clear last week that it's also focusing on its physical stores.

By Daphne Howland • May 25, 2017

Bulletin draws seed funding to play host to startup retailers

The company raked in $2.2 million to construct more flexible rental spaces that allow e-commerce companies to rent on a month-to-month basis.

By Dan O'Shea • May 24, 2017

Ikea appoints company veteran to fill CEO spot

Jesper Brodin will replace Peter Agnefjall, who has been at Ikea for 22 years and in the chief role for five.

By Daphne Howland • May 24, 2017

Chico's struggles mount as sales slip 9%

The apparel retailer is still trying to gain traction with its core customer base: older women. 

By Daphne Howland • May 24, 2017

Lowe's lags behind Home Depot despite sales improvement

Operating in a retail bright spot has its downsides — namely Wall Street's high expectations. Despite solid growth, Lowe's came up short in Q1. 

By Ben Unglesbee • May 24, 2017

Tiffany loses its shine on sales miss

With a 3% drop in same-store sales, the jeweler fell short of analyst expectations, in part due to a strong dollar hurting its sales to foreign tourists. 

By Daphne Howland • May 24, 2017

BJ's Wholesale hunts for growth in B2B market

The retailer’s new B2B unit is a challenge to rival Sam's Club, as well as to office supplies retailers Office Depot and Staples, which has recently emphasized its business contracts operations.

By Daphne Howland • May 24, 2017

Target CEO blasts border adjustment tax at House hearing: 'Americans will pay more'

While most of retail is up in arms over the proposed tax, not everyone agrees. If properly implemented, "retail will see a new resurgence,” former Wal-Mart U.S. CEO William Simon said.

By Corinne Ruff • May 24, 2017

J.C. Penney taps Lowe's exec to reboot marketing efforts

Marci Grebstein will take over as chief marketing officer in June, at a time when the retailer needs to step up its efforts to entice shoppers to visit stores.

By Daphne Howland • May 24, 2017

Voice AI startup hires Google’s text-to-speech leader

Ian Hodson, an industry veteran and mentor of engineering talent, has left Google to join Voysis as a Distinguished Architect.

By Dan O'Shea • May 23, 2017

Target to pay $18.5M settlement for 2013 data breach

The retailer is closer to putting its massive holiday season snafu behind it, but it's still awaiting court approval to settle a consumer class action lawsuit.

By Dan O'Shea • May 23, 2017

DSW earnings hit by M&A costs, inventory clearance

The company is blurring its e-commerce and store channels, growing through acquisition and pivoting to respond to customer preferences — and that costs money.

By Daphne Howland • May 23, 2017

Report: Lululemon could snag Sephora's former 5th Avenue space

The yoga-wear retailer could get a good deal on the space as landlords face rising vacancies even in the toniest shopping areas of New York.

By Daphne Howland • May 23, 2017

Struggling Sears buys time with deals to reduce debt, pension obligations

The retailer's latest announcement is yet another indication that its efforts are largely focused on financial survival — to the detriment of retail fundamentals.

By Daphne Howland • May 23, 2017

Report: M&A activity to rise despite political uncertainties

Slow growth in retail, plentiful capital and strong balance sheets will drive consolidation, according to consulting firm A.T. Kearney.

By Daphne Howland • May 23, 2017

Mall owners see upside of market dotted with store closures

Retail real estate executives gathering in Las Vegas for the International Council of Shopping Centers conference see opportunities in the mass closures of retail stores, but they still face long-term headwinds.

By Daphne Howland • May 23, 2017

JD.com plots massive 'heavy-load' drone logistics network in China

The company aims to construct the country’s largest low-altitude drone logistics network for devices that can carry shipments weighing more than a ton.

By Dan O'Shea • May 22, 2017

Facing bankruptcy rumors, Gymboree names former Tilly's head as CEO

Daniel Griesemer, who led teen apparel retailer Tilly's for nearly five years, replaces ex-CEO Mark Breitbard, who left the company amid reports of a looming restructuring.

By Ben Unglesbee • May 22, 2017

Vince faces NYSE delisting amid turnaround

The luxury brand also recently received a Rights Offering Commitment Letter from global investment firm Sun Capital Partners V, L.P. that provides $30 million.

By Daphne Howland • May 22, 2017

Report: Automation threatens up to 7.5M retail jobs

Retail cashier jobs, 73% of which are held by women, are at highest risk of loss to automation technologies, according to a study conducted by Cornerstone Capital Group.

By Dan O'Shea • May 21, 2017

New Amazon research center propels drone traffic management

The Prime Air Development Center will employ about a dozen software developers tasked with creating a traffic control system to work the company’s planned fleet of delivery drones.

By Dan O'Shea • May 21, 2017

New Ralph Lauren CEO has work cut out for him after dismal year

The iconic fashion company reported a weak quarter and fiscal year, though some of the results came from changes it’s making through its turnaround plan.

By Daphne Howland • May 19, 2017

Forever 21 to roll out Riley Rose beauty shops in 'top tier' GGP malls

The experiential stores, aimed at millennials, are part of the shopping center developer’s diversification strategy, which could also include restructuring and even a sale.

By Daphne Howland • May 19, 2017

J.C. Penney expands B2B operations with hotel sales

The retailer, which noticed hotel managers were volume-ordering bedding, window treatments and bath supplies, is pushing further into the space.

By Daphne Howland • May 19, 2017