Macy's to shutter 100 stores, stock soars

The department store chain also pledged to "heighten" its brand with exclusive products and an upgraded shopping experience.

By Daphne Howland • Aug. 11, 2016

Michael Kors calls halt to department store discounts, citing brand damage

"It's creating confusion in the consumers' mind relative to the value of the Michael Kors brand when it's being seen so often on sale in so many different places," CEO John Idol said.

By Daphne Howland • Aug. 11, 2016

Alibaba's June growth shatters analyst expectations

The Chinese e-commerce goliath reported its highest growth rate since its 2014 initial public offering.

By Daphne Howland • Aug. 11, 2016

Ralph Lauren reports loss, but beats expectations

The fashion house said that its "Way Forward" turnaround plan is already bearing fruit.

By Daphne Howland • Aug. 10, 2016

Coach exiting 250 North American department stores

The move is part of the luxury retailer's ongoing effort to cut down on promotions and sell at higher price points.

By Daphne Howland • Aug. 10, 2016

Wal-Mart vows no job cuts at Jet, Hayneedle after acquisition

Online home furnishings retailer Hayneedle and startup Jet will continue to exist as stand-alone units.

By Daphne Howland • Aug. 10, 2016

Why Wal-Mart is a retail sustainability leader (but doesn't really want to talk about it)

The retail giant boasts an impressive sustainability record, but the company is strictly business about its accomplishments — for good reason, experts say.

By Kelsey Lindsey • Aug. 9, 2016

Wayfair falls on wider-than-expected Q2 loss

The online home furnishing retailer reported total Q2 net revenue of $787 million, up from $492 million for the same period last year.

By Daphne Howland • Aug. 9, 2016

Coach's shift from off-price continues to pay off

Coach's North American same-store sales rose 2% in its fiscal fourth quarter, and net sales for its Stuart Weitzman brand totaled $84 million.

By Daphne Howland • Aug. 9, 2016

Aeropostale gains court approval to pursue Versa bid

If Versa’s Capital Fund III unit prevails at auction, some 500 Aeropostale stores would remain open, saving thousands of jobs.

By Daphne Howland • Aug. 9, 2016

Gap shares tumble after same-store sales drop

Q2 same-store sales fell 3% at the flagship Gap brand and 9% at Banana Republic, but remained flat at Old Navy, which has regained its footing as the unit that buoys Gap’s results.

By Daphne Howland • Aug. 9, 2016

Report: Department store earnings losses continue to mount

Losses have mounted for Sears in particular, according to research firm Retail Metrics, and operating income is expected to drop substantially for six of the eight publicly traded department stores.

By Daphne Howland • Aug. 9, 2016

Honeywell reportedly eyeing JDA Software acquisition

The rumored negotiations follow just weeks after Honeywell purchased warehouse automation firm Intelligrated for $1.5 billion.

By Dan O'Shea • Aug. 8, 2016

Amazon Japan reportedly raided on suspected antitrust activity

Amazon is already under scrutiny in Europe for banning sellers from featuring lower prices than what are found on its marketplace.

By Daphne Howland • Aug. 8, 2016

Report: Steinhoff acquiring Mattress Firm for $2.4b

Mattress sales have remained a steady business for U.S. department stores, despite recent distruption from online startups.

By Daphne Howland • Aug. 8, 2016

Aeropostale in talks to sell to Versa Capital

The embattled teen retailer, which filed for Chapter 11 bankruptcy in May, is looking to the private equity firm that turned around Wet Seal during a similar bankruptcy last year.

By Daphne Howland • Aug. 8, 2016

Retail Therapy: The great cargo shorts debate seizes the internet

All hell broke loose on the internet when the Wall Street Journal stated the obvious: cargo shorts are ugly. 

By Kelsey Lindsey • Aug. 5, 2016

At Home IPO receives tepid Wall Street reaction

The first retail-based initial public offering of 2016 hovered near its opening price tag at market’s close on Thursday.

By Daphne Howland • Aug. 5, 2016

Target begins selling Amazon gadgets again

Target stopped selling Amazon gadgets in 2012, determining that the disadvantages of boosting a major competitor outweighed the benefits.

By Daphne Howland • Aug. 5, 2016

Wal-Mart rolls out new staffing software to hone peak-hour scheduling

The Customer First Scheduling system is designed to assign workers more rational, predictable hours and cut down on last-minute calls to work.

By Daphne Howland • Aug. 5, 2016

Kate Spade tumbles on Q2 sales miss

The retailer, which faltered on outlet sales, will move toward catering to the "splurge customer" at higher price points.

By Daphne Howland • Aug. 4, 2016

Target to sell Harry's men's grooming products

The deal gives Target an exclusive edge and offers Harry's a brick-and-mortar marketing and sales channel.

By Daphne Howland • Aug. 4, 2016

Staples replacing Connect with third-party smart home system

One of the earliest retailer-specific smart home ecosystems, Staples Connect works with some 150 lighting, climate control and security products.

By Daphne Howland • Aug. 4, 2016

Best Buy to expand some Samsung mini-shops, close others

About 160 of the Samsung Experience stores-within-stores will shutter, and those employees will lose their jobs.

By Daphne Howland • Aug. 4, 2016

Wal-Mart reportedly in negotiations to acquire Jet

Securing Jet could help Wal-Mart in its efforts to mount a serious threat to Amazon’s e-commerce supremacy.

By Jason Ankeny • Aug. 3, 2016