Supreme Court orders Labor Dept. to clarify overtime rule change

The agency may have overstepped its own precedent in allowing overtime pay for certain types of auto dealership salespeople.

By Daphne Howland • June 21, 2016

How Ralph Lauren ended up needing a 'Way Forward' plan

The sartorial empire built on one man's exquisite taste faces a need for change and a new kind of consumer.

By Daphne Howland • June 20, 2016

UPDATE: Wal-Mart sells Chinese e-commerce site to Alibaba rival JD.com

A deal between JD.com and Wal-Mart China could help the retailers compete with Alibaba in the country's competitive e-commerce landscape.

By Daphne Howland • June 20, 2016

Cabela's confirms possible sale in SEC filing

Cabela's investor Elliott Management is said to be urging a sale or other approaches to unlocking value.

By Daphne Howland • June 20, 2016

Lumber Liquidators soars as CPSC investigation ends

The embattled retailer is slowly but surely putting its toxic flooring debacle behind it.

By Daphne Howland • June 20, 2016

Alibaba payments unit to buy 20% of Thailand's Ascend

Alipay, a division of Ant Financial Services Group, also wants an option to eventually increase that stake to 30%. 

By Dan O'Shea • June 19, 2016

Costco begins new era with Visa, Citi, waves goodbye to AmEx

Costco Wholesale today teams with Visa and Citigroup as its 17-year partnership with American Express comes to an end.

By Dan O'Shea • June 19, 2016

Retail Therapy: Deep-fried Twinkies are coming soon to a Wal-Mart near you

The decadent snack will be sold exclusively at Wal-Mart for a year. This, and more, in this week's Retail Therapy. 

By Kelsey Lindsey • June 17, 2016

Amazon targets Portland for third brick-and-mortar store

The forthcoming store follows the opening of Amazon's first brick-and-mortar location in its hometown of Seattle and plans for a second site in San Diego.

By Daphne Howland • June 17, 2016

Report: Malls without lifeline as billions in debt come due

Department store prospects, the rise of e-commerce, and the shopping-mall model are making lenders leery.

By Daphne Howland • June 17, 2016

Rite Aid revenues increase 23% but miss analyst expectations

The retailer's shares increased earlier this month on reports that its proposed $17 billion acquisition by rival Walgreens will earn FTC approval.

By Daphne Howland • June 17, 2016

Wal-Mart eliminating back-office jobs in 500 US stores

The retail giant is cutting accounting and invoicing jobs, and shifting affected staffers to customer-facing positions.

By Daphne Howland • June 16, 2016

Macy's avoids strike at Manhattan flagship

Macy's workers already have some of the best benefits and pay in retail, and they are fighting to ensure that remains.

By Daphne Howland • June 16, 2016

Zara parent beats expectations on 12% sales rise

Inditex’s business model and e-commerce operations helped it escape the troubles many of its peers have seen recently. 

By Daphne Howland • June 15, 2016

Alibaba founder claims counterfeits superior to authentic goods

"Fake products today are of better quality and better price than the real names,” Jack Ma said. “They are exactly the [same] factories, exactly the same raw materials, but they do not use the names.”

By Daphne Howland • June 15, 2016

Bed Bath & Beyond acquires flash site One Kings Lane

The all-cash deal is further evidence of the swift rise and fall of the flash sales model.

By Daphne Howland • June 15, 2016

Neiman Marcus profits plummet 81% on slow apparel sales

Same-store sales fell 5% in the luxury retailer's fiscal third quarter, its third straight quarter of declines.

By Daphne Howland • June 15, 2016

Birchbox scales back expansion as competition intensifies

The company started the subscription box trend in retail, but is now seeing a crop of rivals challenge its ambitions for growth. 

By Kelsey Lindsey • June 15, 2016

The Container Store rolls out Theatro employee wearables nationwide

After a one-store pilot program going back three years, the storage retailer is supplying smart wearable devices to employees in more than 70 of its 80 stores nationwide.

By Dan O'Shea • June 15, 2016

Wal-Mart replaces Asda head amid UK grocery war

Wal-Mart's international chief said earlier this month the company was ready to play rough to protect market share.

By Daphne Howland • June 14, 2016

Walgreens cuts ties with embattled blood-testing company Theranos

The drugstore chain is shuttering operations at all 40 Theranos Wellness Centers in its Arizona stores.

By Daphne Howland • June 13, 2016

Macy's to roll out new store design in Ohio mall

The new store model includes a larger beauty section and in-store pickup of online orders. 

By Daphne Howland • June 13, 2016

Burberry COO to depart amid changing luxury scene

The announcement is seen as yet another challenge for CEO Christopher Bailey, who is also the company’s chief creative officer. 

By Daphne Howland • June 13, 2016

UPDATE: Aeropostale, main lender reach settlement

Sycamore Partners says the embattled teen retailer should hasten its auction and that a revival plan is “illusory.”

By Daphne Howland • June 10, 2016

Ralph Lauren bulks up leadership in 'Way Forward' plan

The moves include hiring Jane Hamilton Nielsen, who as CFO of rival Coach was important to that brand’s turnaround. 

By Daphne Howland • June 10, 2016