Walgreens promotes Turner to CIO post

Steve Turner replaces Chief Digital Officer and Chief Information Officer Abhi Dhar, who is leaving Walgreens this month to focus on a new startup venture.

By Daphne Howland • March 6, 2017

Amazon's Elements brand adds vitamins, supplements

The line also includes baby wipes and, as with its other private-label consumer goods, Amazon is swiftly grabbing market share.

By Daphne Howland • March 6, 2017

Finish Line unloads JackRabbit for low, low price of $0

Private investment firm CriticalPoint Capital is buying the specialty running shoe business, which includes 65 stores nationwide.

By Daphne Howland • March 6, 2017

Report: Macy's-Hudson's Bay merger talks at impasse

Insiders say Macy’s asking price is simply too steep; in addition, activist hedge fund Starboard Value has reduced its stake and dialed down pressure to extract value from the retailer's real estate holdings.

By Daphne Howland • March 6, 2017

Branding firm Gordon Brothers snaps up Wet Seal for $3M

The Boston-based firm says it will develop a “unique business model” to meet the particular challenges of the teen apparel space.

By Daphne Howland • March 6, 2017

Costco hikes membership fees, tweaks pricing

The warehouse retailer raises its membership fees roughly every five years.

By Daphne Howland • March 3, 2017

Vanity declares bankruptcy, will shutter all stores

Another apparel retailer bites the dust, leaving more market share for those that remain.

By Daphne Howland • March 3, 2017

Barnes & Noble sales fall on fading demand for once-popular products

CEO Leonard Riggio also pointed to continued political turmoil for denying booksellers of unpaid advertising they get when authors hawk their books on TV.

By Daphne Howland • March 3, 2017

HHGregg to shutter 40% of stores

Amid rumors that it will soon file for Chapter 11 bankruptcy, the electronics retailer is shuttering 88 underperforming stores and three warehouses in 15 states.

By Daphne Howland • March 3, 2017

Amazon to add solar panels to dozens of fulfillment centers

The e-commerce giant has plans to construct solar systems on 50 fulfillment and sorting centers globally by 2020.

By Dan O'Shea • March 2, 2017

Abercrombie to shutter 60 US stores as sales continue to slide

The teen apparel retailer’s Hollister brand is bolstering results, but overall the company has more work to do to connect with customers, analysts say.

By Daphne Howland • March 2, 2017

Crocs to close 160 stores by the end of 2018

As it winds up a two-year restructuring effort, the company is consolidating its president and CEO positions, promoting Andrew Rees to replace CEO Gregg Ribatt.

By Daphne Howland • March 2, 2017

Minneapolis Macy's sold for $59M to developer 601W Companies

Some Twin Cities locals never stopped calling the store “Dayton’s,” a symbol of how Macy’s never gained traction in the Midwest after its massive expansion.

By Daphne Howland • March 2, 2017

YM makes $1.5M stalking horse bid for bankrupt Wet Seal

The Canadian company established the minimum bid for the upcoming bankruptcy auction of the teen apparel retailer's intellectual property and e-commerce site.

By Daphne Howland • March 2, 2017

How Macy's is taking a page out of J.C. Penney's beauty playbook

As department stores continue to wobble under weak apparel sales, some are looking at beauty as a beacon to lure younger shoppers.

By Laura Klepacki • March 1, 2017

Office Depot profits soar on cost-cutting efforts

The office supplies retailer is still reckoning with how to move forward after its planned merger with rival Staples fell through last year.

By Daphne Howland • March 1, 2017

Aerie brand buoys American Eagle Outfitters as revenue dips

The retailer's lingerie brand continues to be a solid contributor, but analysts say the company's flagship merchandise and marketing efforts need more work.

By Daphne Howland • March 1, 2017

BCBG Max Azria files for Chapter 11 bankruptcy

Remaining stores will stay open as the company restructures, a process that's expected to take six months.

By Daphne Howland • March 1, 2017

Best Buy plummets on same-store sales miss

On the bright side, analysts give the electronics retailer kudos for holding its own against Amazon, which continues to eat up market share.

By Daphne Howland • March 1, 2017

Target unveils $7B plan to overhaul stores, digital operations

The strategy will focus on adding more than 100 of Target’s smaller, more urban stores and revamping existing stores.

By Daphne Howland • March 1, 2017

Target tumbles on weak sales, forecast

CEO Brian Cornell said the retailer will become aggressive on prices, sparking speculation about a price war with Wal-Mart — a battle Target has lost before.

By Daphne Howland • Feb. 28, 2017

Moody's: Number of distressed retailers nearing recession-era levels

Apparel retailers in particular are struggling under expensive debt loads that are soon to mature and at risk of default.

By Daphne Howland • Feb. 28, 2017

Report: BCBG Max Azria teeters toward imminent bankruptcy

Some of the most fashionable celebrities were once seen in BCBG apparel, but e-commerce and shifting consumer tastes have taken their toll.

By Daphne Howland • Feb. 28, 2017

Judge dismisses lawsuit against Wal-Mart over Mexico bribery scandal

For five years, the retail giant has been working to put the bribery investigation behind it.

By Daphne Howland • Feb. 28, 2017

Nike nets FIBA deal to boost basketball brand worldwide

The brand will sponsor the international basketball association's upcoming World Cup in China, among other events.

By Dan O'Shea • Feb. 27, 2017