Gap CIO stresses fast decision-making during technology transformation

Paul Chapman spoke at the Forbes CIO Summit about the organizational changes he's brought to the retailer's IT team, including integrating corporate and e-commerce IT resources.

By Dan O'Shea • April 30, 2017

Starbucks brews growth with bet on mobile ordering and payments

The company said 1,800 of its U.S. stores had 20% or more of peak transactions from Mobile Order & Pay near the end of the quarter.

By Dan O'Shea • April 30, 2017

VF falls short in Q1 amid pressure to add more brands

CEO Steve Rendle last month said the company will focus on "organic growth" over acquisitions, although they remain a key piece of its strategy.  

By Daphne Howland • April 28, 2017

UPS, Amazon invest heavily in logistics networks to keep up with e-commerce

Executives from the two companies emphasized the role warehouses and technology will have in keeping costs down amid rising volumes during their respective earnings calls.

By Edwin Lopez • April 28, 2017

Simon Property Group CEO urges retailers to reinvest in stores

David Simon told analysts Thursday that over-investing in e-commerce is hurting retailers and private equity owners are making things worse by piling on debt.

By Daphne Howland • April 28, 2017

New York & Co pushes back against activist investor

Kanen Wealth Management LLC recently penned a letter to “highlight the losing record of the board of directors and company management” and demand a new independent director.

By Daphne Howland • April 27, 2017

Boxed automates fulfillment center, retrains workers for new jobs

The e-commerce retailer has automated its New Jersey fulfillment center with robotics, a move expected to result in a six-fold productivity increase.

By Dan O'Shea • April 27, 2017

Amazon outshines expectations with 8th straight quarterly profit

The e-commerce giant has some weaknesses to address, however — including an escalating battle with Wal-Mart’s refreshed e-commerce ambitions.

By Daphne Howland • April 27, 2017

Barnes & Noble names new CEO for 4th time in as many years

The role had been left vacant since former CEO Ronald Boire abruptly stepped down in August last year.

By Corinne Ruff • April 27, 2017

Under Armour beats expectations, but lags behind rivals in North America

The sporting goods retailer rose swiftly in its early years but has now entered a period of muted growth — and Nike and Adidas are eager to grab market share.

By Daphne Howland • April 27, 2017

NRF, RILA hail Trump's plan to cut corporate taxes

Considering the dearth of details in the one-page plan, particularly the lack of spending cuts, economists warn the effect on the economy is unpredictable. 

By Daphne Howland • April 27, 2017

Mindy Grossman departs HSNi for Weight Watchers

Grossman, who is often on retailers’ short lists when they’re in search of a CEO, shepherded the shopping network company through a turnaround and the encroachment of e-commerce.

By Daphne Howland • April 27, 2017

Moody's: Retail industry stable despite weaknesses, but profits will be lean

E-commerce is outpacing broader retail growth, but it’s turning out to be expensive, meaning many retailers’ online efforts won’t do much to boost bottom lines. 

By Daphne Howland • April 26, 2017

Apple unveils new store design in Dubai, marking major shift

The redesign repositions the company’s retail stores as gathering places and hubs for creativity, offering activities such as educational sessions.

By Daphne Howland • April 26, 2017

J. Crew shakes up executive roles, slashes 250 jobs — mostly at HQ

The changes come just weeks after longtime creative guru Jenna Lyons announced her departure at the end of the year.

By Daphne Howland • April 26, 2017

Rite Aid rises on earnings beat, but Walgreens merger wait drags on

CEO John Standley said delays on the proposed merger have taken its toll on operations.

By Daphne Howland • April 25, 2017

LVMH will take full control of Christian Dior

The deal, valued at $13 billion, is aimed at strengthening LVMH’s Fashion & Leather Goods division, said LVMH chairman and CEO Bernard Arnault.

By Daphne Howland • April 25, 2017

Sportsman's Warehouse to reportedly bid on Gander Mountain stores

A purchase by its rival could ensure that most, if not all, remaining Gander locations survive.

By Daphne Howland • April 25, 2017

J.C. Penney to add and expand Sephora shops in stores

The over 10-year-old concession retailing partnership represents one of the best moves the department store has made in recent years to boost traffic.

By Daphne Howland • April 25, 2017

Jimmy Choo puts itself up for sale

The luxury shoe and accessories retailer has struggled as of late in Europe and the U.S., though sales in China remain robust.

By Daphne Howland • April 24, 2017

Amid restructuring, Sears CFO departs after 7 months on the job

Jason Hollar, the latest executive departure from the once-dominant retailer, stepped down to "pursue another career opportunity," the company said.

By Daphne Howland • April 24, 2017

Brick-and-mortar record stores stage revival

Vinyl album sales have risen from annual sales of fewer than one million in 2005 to more than 13 million last year.

By Daphne Howland • April 21, 2017

Wal-Mart ignites grocery price war as competition intensifies

The expansion of no-frills grocery stores like Aldi and Lidl is driving a U.S. grocery price war similar to one in the U.K. that has devastated supermarket retailers.

By Daphne Howland • April 21, 2017

Bebe to shutter all stores by end of May

The retailer will sell all inventory in its 134 retail stores and 34 outlet stores ahead of the planned closures.

By Daphne Howland • April 21, 2017

Sports Direct enters US market with $101M Eastern Outfitters buy

The acquisition includes about 50 Bob's Stores and Eastern Mountain Sports retail locations in the U.S. and their websites.

By Daphne Howland • April 21, 2017