Sears, Kmart join retailers in dropping Trump brands

The retailers will cease e-commerce sales of 31 items in the “Trump Home” collections, following similar moves by Nordstrom, Belk and T.J. Maxx.

By Daphne Howland • Feb. 13, 2017

Report: Payless could shutter up to 1,000 stores

The no-frills shoe company is the latest retailer to stumble under a debt load heaped on by its private equity owners.

By Daphne Howland • Feb. 13, 2017

Sears restructures, vows to wipe out $1B in costs

The fading retailer pledged to simplify its organizational structure, consolidate corporate and support functions across Sears and Kmart, and boost pricing, sourcing, supply chain and inventory management efficiencies.

By Jason Ankeny • Feb. 10, 2017

Alibaba fighting 'false' intellectual property claims

A Chinese intellectual property enforcement agency is abusing Alibaba's counterfeit notice-takedown system with fraudulent and malicious complaints, the e-commerce giant contends.

By Daphne Howland • Feb. 10, 2017

Sears settles shareholder lawsuit for $40M

The payment will accrue to Sears, and CEO Eddie Lampert, whose real estate dealings were the subject of the suit, stands to benefit.

By Daphne Howland • Feb. 10, 2017

L.L. Bean rethinking signature shipping, returns policy

The retailer is contemplating major changes that could impact its brand, including revoking the return and shipping policies that have given the company a glow of friendly customer service.

By Daphne Howland • Feb. 10, 2017

Lands' End writing down Canvas line, impairing its brand

The struggling apparel retailer hoped the relaunched Canvas brand would attract new, younger customers and bring back core customers who moved on.

By Daphne Howland • Feb. 9, 2017

Techstars Q&A: How startups can accelerate retail innovation

The retail industry faces transformation. Ryan Broshar, head of the Techstars startup accelerator with Target, thinks startups could be the answer.

By Corinne Ruff • Feb. 9, 2017

Strong CVS pharmacy results belie retail weakness

The drugstore chain is in danger of falling behind rivals that are beefing up their retail operations, warns GlobalData Retail.

By Daphne Howland • Feb. 9, 2017

NRF forecasts 2017 retail sales growth, but border tax could wreak havoc

NRF Chief Economist Jack Kleinhenz warned that drastic policy changes could undermine consumer confidence and called for clarity that would help both consumers and businesses.  

By Daphne Howland • Feb. 9, 2017

Nordstrom rises after Trump blasts decision to drop daughter's merchandise line

The department store retailer reiterated that it’s dropping Ivanka Trump-branded merchandise due to performance, not politics.

By Daphne Howland • Feb. 9, 2017

BCBG preparing for possible Chapter 11 filing

The upscale retailer is closing 120 stores, mostly in the U.S., and holding liquidation sales.

By Daphne Howland • Feb. 8, 2017

Michael Kors turnaround lags on sales, wholesale declines

CEO John Idol said that the apparel and accessories maker is looking at possible acquisitions, and "probably won't do anything small."

By Daphne Howland • Feb. 8, 2017

Walgreens CIO exiting to launch retail marketing startup

Under Abhi Dhar's leadership, the drugstore retailer developed a number of tech solutions, including proprietary mapping analytics technology, mobile printing for photo customers and mobile loyalty capabilities.

By Daphne Howland • Feb. 8, 2017

Gap surprises with strong holiday, lifts guidance

Same-store sales rose 2%, compared with a decline of 7% last year, as the flagship Gap brand joined Old Navy in compensating for faltering Banana Republic.

By Daphne Howland • Feb. 7, 2017

Lone bidder Boohoo snags bankrupt Nasty Gal for $20M

Competing bids for the edgy apparel retailer were due Feb. 2, but none were submitted, and a scheduled auction has been canceled. 

By Daphne Howland • Feb. 7, 2017

Sears' mounting debt load signals new financial stress

The $200 million secured standby letter of credit facility provided by CEO Edward Lampert’s hedge fund late last year is beginning to seem like chump change in relation to the retailer's growing financial needs.

By Daphne Howland • Feb. 7, 2017

Reports: Belk drops Ivanka Trump merchandise, Macy's pressured to follow suit

Retailers are usually loathe to take a stand on hot button issues, but the current political climate is proving to be too much to handle.

By Daphne Howland • Feb. 7, 2017

Diversification key for mall developers as retail landscape evolves

With traditional anchors beset by mounting competition from big-box outlets, off-price and e-commerce, it's time to rethink the very definition of a mall — or else.

By Kenneth A. Rosen and Eric S. Chafetz • Feb. 7, 2017

Eastern Outfitters files for Chapter 11 bankruptcy

The sports retailer is the latest private equity-owned company to file for bankruptcy.

By Daphne Howland • Feb. 6, 2017

Tiffany CEO Cumenal exits following sales slump

Chairman of the Board Michael J. Kowalski, who ceded the CEO post in 2014, will return as interim CEO while the upscale jeweler searches for a successor.

By Daphne Howland • Feb. 6, 2017

Dollar General touts 10k new jobs amid massive expansion

Most retailers are eliminating positions amid store closures and bankruptcies: U.S. corporations cut 45,934 jobs in January, and retailers accounted for nearly half of them.

By Daphne Howland • Feb. 6, 2017

Bebe to shutter 25 stores

The struggling apparel retailer announced that second quarter same-store sales fell 10.5% from the year ago period, and it's focusing on cutting costs and its wholesale business overseas.

By Daphne Howland • Feb. 6, 2017

GNC mulling lawsuit against Fox over yanked Super Bowl ad

The 30-second spot — which reportedly cost the supplements retailer $5 million — was intended to be the latest step in a major rebranding effort.

By Dan O'Shea • Feb. 5, 2017

Hudson's Bay reportedly in talks to acquire Macy's

The Wall Street Journal reports negotiations between the companies remain preliminary, and address outright acquisition as well as a deal for Macy’s real estate and even potential partnership opportunities.

By Jason Ankeny • Feb. 3, 2017