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Nike's new CEO shuffles C-suite

The athletic brand gets a new COO, CFO, and president of consumer and marketplace to replace two top executives who will retire.

Bed Bath & Beyond lays out $1B turnaround plan

Last week the retailer said holiday comp sales were down 5.4% due in part to foot traffic declines. Now the retailer plans to invest up to $400 million in stores.

Can retailers combat consumer desire for counterfeits?

Online marketplaces have launched initiatives aimed at addressing counterfeit sales, but those efforts can be cumbersome for brands. 

M.M.LaFleur pulls back on plus-size apparel

Plus sizes make up less than 5% of the company's revenue. "We have struggled to find the reach that we had hoped for," said CEO Sarah LaFleur. 

Mattel to reduce SKUs 30% by the end of the year

Simplifying its supply chain, which included factory closures and predictive algorithms for forecasting, resulted in $797 million in 2019 cost savings.

Deep Dive

How chain stores are rightsizing New York City retail

Is the decline of national brands in NYC a regional problem or endemic of a larger retail shift?

Pier 1 files for Chapter 11

The home goods retailer has already begun looking for buyers to sell itself in bankruptcy.

CMOs worry that recession will have negative effect on 2020, survey says

More than a third of businesses are expected to bring more marketing agency work in-house in 2020 to cut costs. 

Deep Dive

Macy's new North Star

Can the department store's reboot of its previous turnaround plan please both investors and customers?

Holiday online sales reached over $137B

An eMarketer report found that total retail sales during the season exceeded $1 trillion for the first time.

Coronavirus outbreak leads to supply shortages for Apple

Foxconn, one of Apple's largest suppliers, has not provided details on its plans to restart production.

M.M.LaFleur opens concept shop in Washington, D.C.

"We wanted to put ourselves in front of more people," said CEO Sarah LaFleur. The next M.M. To Go stores will be in Boston and Chicago.

Walmart posts 'tepid' Q4 as toys, apparel sales fall short

The retailer missed expectations for sales during the quarter, but executives and analysts still see a strong underlying business. 

Bed Bath & Beyond sells keepsakes site to 1-800-Flowers for $252M

The struggling retailer bought PersonalizationMall.com in 2016 for $190 million. Analysts hailed the sale, and called for even more.

Macy's revamps private label to reach millennials

The department store is pinning an apparel comeback on hopes its own brands deliver a quarter of its sales — including four at $1 billion apiece.

The Body Shop to begin 'open hiring,' skipping background checks

Under the model, job openings will be filled on a first-come, first-served basis by any applicant who meets basic requirements.

Former Ascena exec named CEO of Francesca's

Andrew Clarke spent two years at the apparel conglomerate, most recently at Loft, and takes the reins at the retail chain after a tough year.

The toy category still hasn't recovered from the death of Toys R Us

Target's flattened holiday sales, as well as others' abandoned experiments, reveal a market that hasn't fully readjusted after the exit of its largest specialist.

Wayfair lays off 550 employees

The job cuts, which impact about 3% of its global workforce, come as the online home goods retailer struggles to become profitable.

YouCam features runway beauty trends via AI, AR tech

The augmented reality beauty company teamed up with PRIV to highlight makeup looks from Fashion Week. 

Column

Retail Therapy: The season of love and shameless consumerism

A fake Amazon Dating site offers up hot singles, with descriptions like "leaves a voicemail every time" and "will watch the sunset with you."

Rent the Runway taps former Amazon exec as chief supply chain officer

Brian Donato previously worked at the e-commerce giant in operational roles related to returns and fulfillment. 

Retail sales growth 'modest' in January as consumers stayed strong

Latest figures from the Commerce Department show pockets of strength, while department stores were down from the previous year.

5 experiential store concepts to hit in NYC

From legacy brands to digital natives, retailers are redefining brick and mortar across the city.

Walmart to end Jet Black service

The retail giant is pulling back on its high-end shopping service in New York and folding the technology into its broader business.