Etsy shares rise on healthy Q2 revenue boost

The marketplace's newfound focus on sellers seems to be paying off.

By Daphne Howland • Aug. 3, 2016

Calvin Klein names Raf Simons its first chief creative officer

The Belgian designer will bring his minimalist aesthetic to all global enterprises as the company unifies its brands under one creative vision.

By Daphne Howland • Aug. 3, 2016

Office Depot closing 300 more stores as revenue slumps

The embattled retailer will also expand trials of new, smaller-format stores.

By Jason Ankeny • Aug. 3, 2016

Sports Authority executive bonuses blocked by bankruptcy judge

The retailer's plan to award $2.85 million to four executives is "inappropriate" in the face of employee job losses, a U.S. bankruptcy court judge said.

By Daphne Howland • Aug. 3, 2016

Apple vet Bob Kupbens jumps to eBay

EBay appears to be on a roll, and hiring Kupbens, widely seen as an effective executive, is a coup.

By Daphne Howland • Aug. 2, 2016

CVS misses Q2 sales expectations as store traffic dwindles

Sales grew 2.1% in Q2, missing analyst expectations for a 2.5% increase and trailing well behind the 4.2% gains that CVS posted in the first quarter of this year.

By Daphne Howland • Aug. 2, 2016

Hhgregg names permanent CEO

Robert Riesbeck has shaken up senior management and streamlined logistics since taking over as interim CEO six months ago.

By Daphne Howland • Aug. 2, 2016

Inditex supports Zara workers' vote to unionize in NYC

The Spanish fast-fashion retailer has been criticized for using algorithms to set workers schedules. 

By Daphne Howland • Aug. 2, 2016

Amazon overtakes Exxon as fourth-most valuable US company

Amazon’s move up the market-cap ladder shows how much the economy has shifted to tech in an era when oil companies are falling.

By Daphne Howland • Aug. 2, 2016

Magento snaps up RJMetrics to strengthen analytics offering

RJMetrics' cloud-based analytics offering will become part of the Magento Core platform, providing retailers with expanded insights into customers, merchandising and channels.

By Dan O'Shea • Aug. 1, 2016

Report: IBM mulling acquisition of POS player Revel

Big Blue sold its own point-of-sale division in 2012 for more than $800 million.

By Dan O'Shea • Aug. 1, 2016

Alibaba partners with French insurer AXA to calm fears over fake products

The Chinese e-commerce giant hopes to create a "safe trading environment" for consumers and brands alike.

By Corinne Ruff • Aug. 1, 2016

Burberry acquires remaining stake in its Chinese retail operations

The retailer is doubling down on its China investment despite some concerns about its reliance on that market.

By Daphne Howland • Aug. 1, 2016

Consumer spending fuels modest growth ahead of holidays

Wages continue to increase—including for households with lower incomes.

By Daphne Howland • Aug. 1, 2016

Amazon gets analyst thumbs up on investment plans

The online retailer will increase spending on fulfillment centers and video in the second half of the year, and analysts are mostly on board.

By Daphne Howland • Aug. 1, 2016

UPS rides e-commerce rocket to higher profit, revenue

The shipper's Q2 revenue climbed 3.8%, reaching $14.63 billion. Profit rose 3.2% to $1.27 billion.

By Dan O'Shea • July 31, 2016

Target CIO grows IT staff, tightens budget, hones tech focus

Mike McNamara has hired more than 700 new engineers while refocusing on a streamlined list of high-priority IT projects.

By Dan O'Shea • July 31, 2016

Walgreens to shut down e-commerce site Drugstore.com

The drugstore chain wants to focus instead on developing new omnichannel capabilities on its own website.

By Corinne Ruff • July 29, 2016

Retail Therapy: Convention fashion goes red, white and absurd

RNC and DNC attendees showed off their support with capes, tattoos ... and a whole bunch of buttons.

By Kelsey Lindsey • July 29, 2016

Columbia Sportswear logs Q2 loss, missing expectations

The outerwear retailer reported revenue of $388.7 million, a Q2 record, but still fell short of Wall Street projections.

By Daphne Howland • July 29, 2016

Embattled teen retailer Claire's reportedly in restructuring talks

The headwinds faced by bankrupt Aeropostale are also hitting the teen accessories retailer.

By Daphne Howland • July 29, 2016

Bloomberg Index: Consumer comfort stuck in holding pattern

But in good news for retailers, lower-income households are gaining confidence with their comfort level at a nine-year high.

By Daphne Howland • July 29, 2016

Starbucks taps Under Armour exec for creative director spot

Leanne Fremar, architect of Under Armour’s women-focused “I will what I want” campaign, will start her tenure at Starbucks with a stint as a barista.

By Daphne Howland • July 29, 2016

Amazon shatters Q2 expectations, posts record sales

Net sales increased 31% to $30.4 billion in the second quarter—the online retail giant’s fifth consecutive quarter in the black.

By Jason Ankeny • July 28, 2016

GNC shares topple as CEO resigns, guidance is suspended

Former PetSmart chairman and CEO Robert Moran was named interim CEO in the wake of Michael Archbold's exit.

By Jason Ankeny • July 28, 2016