Google Wallet funds now insured by FDIC

The payments service will store unused balances in insured institutions. 

By Ian P. Murphy • April 21, 2015

Rite Aid hires new CIO amid changing healthcare environment

Steve Rempel previously worked in IT at Safeway for 35 years.

By Daphne Howland • April 21, 2015

Frederick's of Hollywood files for Chapter 11

The retailer practically invented American lingerie retail, but in recent years allowed the likes of Victoria’s Secret to take the lacy camisole off its back.

By Daphne Howland • April 21, 2015

Staples shakes up merchant chief position ahead of merger

The retailer named Peter J. Scala its EVP of merchandising, replacing Mike Edwards who has left Staples, effectively immediately.

By Daphne Howland • April 21, 2015

Costco said to pay almost nothing on cards in new deal

The deal with Visa and Citigroup will reportedly charge Costco almost zero for credit-card payments. 

By Kelsey Lindsey • April 20, 2015

Wal-Mart abruptly lays off 2,200 workers, cites plumbing issues

The puzzling move is being challenged by a group representing the workers.

By Daphne Howland • April 20, 2015

Benetton gives to fund for Rana Plaza factory victims

The pledge comes two years after the deadly Bangladesh factory collapse, when the Italian apparel retailer, like others, initially denied its goods were made there.

By Daphne Howland • April 20, 2015

Target teams up with Life Time for new fitness deal

The “C9 Challenge” gives Target’s C9 fitness line a big profile outside of stores, just when athletic gear and alth-leisure apparel are booming.

By Daphne Howland • April 20, 2015

Simply Fashion files for bankruptcy

The low-cost women’s apparel retailer was hit by the recession and increasing competition from big box chains.

By Daphne Howland • April 20, 2015

Retail Therapy: American Apparel's spokes-sloth and the holy iPad

Every Friday we bring you the weirdest and wackiest retail stories from around the web. 

By Kelsey Lindsey • April 17, 2015

Uniqlo to collaborate with former French Vogue editor

Uniqlo continues to work with less popularly-known style mavens that are powerhouses within the fashion world.

By Daphne Howland • April 17, 2015

Ex-Wal-Mart CEO joins Carlyle Group

The asset management firm is known as a place where big players do business. Now Wal-Mart’s former CEO is one of them.

By Daphne Howland • April 17, 2015

Private equity firm finalizes deal to buy Wet Seal

The brand is beloved but beleaguered, and the company has a lot of catching up to do.

By Daphne Howland • April 17, 2015

Apple Watch launch getting messy

It’s hard to know if the Watch’s limited availability in stores has been a real strategy or a consequence of production snafus. 

By Daphne Howland • April 17, 2015

Etsy and the IPO: How it got here and what's next

Growing bigger and going public has already wrought some painful changes at the artisanal marketplace. 

By Daphne Howland • April 16, 2015

Spring raises $25M in new funding round

The shopping app also announced that it will launch a native app on Google Android-based phones and soon offer same-day delivery. 

By Kelsey Lindsey • April 16, 2015

RetailNext scores $125M in new funding

The company provides in-store analytics software for retailers. 

By Kelsey Lindsey • April 16, 2015

Build-A-Bear taps American Eagle exec as COO

Build-A-Bear’s business depends on in-store traffic, so Chris Hurt’s store operations experience could come in handy.

By Daphne Howland • April 16, 2015

Burnett named new CMO at Evine Live

Veteran merchandiser to help shopping channel expand in digital. 

By Ian P. Murphy • April 16, 2015

Saks brings back former exec as chief merchant

The return of Tracy Margolies could be a signal that the retailer wasn’t up for the level of change spearheaded by Marigay McKee.

By Daphne Howland • April 16, 2015

UPDATE: Etsy more than doubles its $16 share price on day one

The stock opened at $31 and nearly doubled its IPO price on day one for a high of $34.54, valuing the company at $4 billion.

By Daphne Howland • April 16, 2015

The North Face enters into athletics space with new campaign

The company wants to go head-to-head with Nike, Reebok, and others.

By Ian P. Murphy • April 16, 2015

March sales grow as spending heats up: reports

The Commerce Department's March retail sales report bolsters other signs that consumers are warming to spending as winter fades.

By Daphne Howland • April 15, 2015

Shopify files for IPO

The Ottawa-based marketplace company expects to raise $100 million in its initial public offering.

By Daphne Howland • April 15, 2015

J.C. Penney accidentally leaks promising Q1 sales

An executive at the retailer inadvertently disclosed information to an analyst, which it must now reveal to the public.

By Daphne Howland • April 15, 2015