Old Navy Q1 sales stabilize struggling Gap

The company is still a player in the apparel game, but it’s relying heavily on star player Old Navy, which boosted its same-store sales by 8% in the quarter.

By Daphne Howland • May 19, 2017

Ross growth cools amid off-price slowdown

The off-price retailer, like rival TJX, is reporting a lackluster performance uncharacteristic of the sector. More stores, of all things, may be the answer.

By Daphne Howland • May 19, 2017

Under Armour's MLB diamond debut tees up early

Baseball Commissioner Rob Manfred announced that the branded player uniforms will launch in 2019, starting the 10-year partnership a year earlier than planned.

By Dan O'Shea • May 18, 2017

Ascena tanks as executives warn of more traffic declines

Shares plunged 30% after the specialty apparel company projected same-store sales could drop 8% in the third quarter and 7% for the year.

By Daphne Howland • May 18, 2017

Alibaba revenue rises, but investments in growth take toll

Sales continue to soar — and a shift toward an increasingly consumption-based economy in China provides long-term opportunities for the company, executives said.

By Daphne Howland • May 18, 2017

Despite sales drop, L Brands raises outlook and beats expectations

While the fashion retail conglomerate suffered declines in comparable sales and profits, the increased guidance suggests the company may be in a position to bounce back from recent struggles.

By Ben Unglesbee • May 18, 2017

Wal-Mart's e-commerce play brings big payoff in Q1

The retail behemoth's acquisition of Jet last year and of smaller players since then was evident in the retail giant's first quarter results, with e-commerce sales growing by more than 60%.

By Daphne Howland • May 18, 2017

Lululemon snaps up REI's Averill to fill CTO spot

The move comes not long after the company said Miguel Almeida, who was hired less than two years ago to overhaul digital e-commerce operations, was stepping down.

By Dan O'Shea • May 18, 2017

Opening soon: Inside Lidl's blueprint to invade the US grocery market

At an event in New York Tuesday night, the much-hyped German retailer offered a taste of its low priced, quality goods — and previewed its strategy to stand out in the U.S.

By Megan Poinski • May 17, 2017

Urban Outfitters plots 4-point pivot to curtail sales tumble

With apparel sales under pressure, the company will focus on its best-performing segments and its e-commerce, international and wholesale channels.

By Daphne Howland • May 17, 2017

Ralph Lauren names new CEO to replace Stefan Larsson

Patrice Louvet, who most recently served as Procter & Gamble's head of Global Beauty, joins Ralph Lauren as it closes stores, cuts costs and tries to reinvigorate sales.  

By Ben Unglesbee • May 17, 2017

Target handily beats Q1 estimates as new strategy gains traction

But there’s much more to do, so real performance advances will take time, analysts say.

By Daphne Howland • May 17, 2017

Wal-Mart experiments with tech-enhanced 'Next-Gen' stores

Supercenters in Texas and Florida feature revamped layouts and technology such as “Scan and Go” checkout and interactive screens that provide an “endless aisle."

By Daphne Howland • May 17, 2017

Etsy faces more pressure as new investors buy in

The moves come two weeks after Josh Silverman took the CEO spot and hedge fund Black-and-White Capital, which owns 2% of Etsy’s shares, released letters highlighting critical issues.

By Daphne Howland • May 17, 2017

UPDATE: Dick's Sporting Goods whiffs on expectations, cuts 160 jobs

CEO Ed Stack said the layoffs are part of the company’s broader cost-cutting plans that include slowing its store development program.

By Ben Unglesbee • May 16, 2017

Staples rises on steady Q1 sales amid strategy pivot

Staples CEO Shira Goodman said that 2017 is “off to a good start," as the retailer makes good on its promise to shutter 70 stores and pivot its marketing toward its business customers.

By Daphne Howland • May 16, 2017

TJX slides on rare sales miss

The off-price company failed to continue its pattern of robust results in the first quarter, but it's still likely to shine brighter than ailing department store retailers.

By Daphne Howland • May 16, 2017

Home Depot shines amid gloomy earnings from other retailers

After a dismal string of retailer earnings reports, Home Depot "has firmly put pay to the idea that the consumer economy is running out of steam," according to GlobalData Retail. 

By Ben Unglesbee • May 16, 2017

Retail execs to meet with Treasury chief on border adjustment tax

Uncertainty about the fate of the tax proposal, a Republican Congressional priority, remains high.

By Daphne Howland • May 16, 2017

Teen apparel retailer Rue21 files for Chapter 11 bankruptcy

The struggling teen apparel retailer last month began shuttering some 400 U.S. stores, about a third of its fleet, and now it plans to reduce its debt and restructure to stay alive.

By Daphne Howland • May 16, 2017

Sears CEO slams Craftsman vendor for attempt to break its contract

"We will not simply roll over and be taken advantage of," Eddie Lampert said of toolmaker One World in a company blog post defending the retailer's record of paying its bills.

By Daphne Howland • May 16, 2017

In a new era of retail, shuttering all stores isn't the answer

As retailers face a self-reckoning amid a challenging environment, the key is to find a state of equilibrium between the old and the new, writes Bart Mroz founder and CEO of SUMO Heavy.  

By Bart Mroz • May 15, 2017

Nordstrom teams with Gwyneth Paltrow's goop brand for in-store pop-ups

The pop-in is part of a larger effort by Nordstrom to drive traffic to its flagship stores with trendy, conceptual fare. 

By Ben Unglesbee • May 15, 2017

Wal-Mart CEO to be deposed in Mexico bribery lawsuit

A U.S. District Judge said last week that Doug McMillon has sufficient "direct and personal involvement" in the dealings to sit for a deposition in a class-action suit brought by shareholders.

By Daphne Howland • May 15, 2017

Dick's Sporting Goods shakes up leadership team

Turmoil in the sporting goods market has given Dick's a boost in recent quarters, but the company appears to be taking nothing for granted.

By Daphne Howland • May 15, 2017