Page 2

Brookfield mall REIT to be sold for $6.5B

The landlord earlier this year said going private would provide more flexibility managing its portfolio, as malls decline further during the pandemic.

Glossier taps L'Oréal exec for VP of brand

Kleo Mack will be responsible for growing the brand globally, including overseeing brand marketing and strategy.

Un-Limited: How Les Wexner ruled retail for 6 decades

In a surprising turn, Wexner is leaving L Brands' board, cutting ties completely. Here's a timeline of the rise and fall of his empire.

UPDATED: March 30, 2021 at 9:39 a.m.

MeUndies eyes performance space with new launch

The "Breathe" collection is geared toward consumers with active lifestyles as the products are ideal for wearing under workout clothes.

Proof launches new underwear line at Target

The period-proof underwear brand snagged a partnership with Target a year after it launched.

Home Depot, Lowe's build on supply chain foundations to make quick work of omnichannel

When the pandemic arrived around the same time as the home improvement retailers' busy spring season, they had to pivot to meet demand.

Chewy boosts automated fulfillment network through new warehouses and retrofits

The e-commerce company plans to open its second automated fulfillment center in Q2 and a "limited catalog facility" in Q3.

With $155M in fresh capital, Harry's looks to add more brands

A year after its deal with Schick owner Edgewell was called off, the company behind Harry's, Flamingo, Cat Person and Headquarters is expanding.

Podcast

The Backroom: How a $15 minimum wage could impact retail

At the federal level, the minimum wage hasn't changed since 2009 at $7.25 an hour. The team discusses what an increase could mean for the industry.

Column

Retail Therapy: Miller Lite serves a whiff of classic bar aromas

Missing the bar ambiance? Say no more: The beverage company launched a limited line of bar-scented candles.

Tailored Brands' emergency loan gets court sign-off

A minority group of shareholders scrutinized the terms of $75 million in financing just months after the retailer emerged from bankruptcy. 

UPDATED: April 5, 2021 at 11:06 a.m.

H&M features cactus leather in latest collection

After years of research and experiments with new materials, the retailer debuted the first collection in its sustainability series.

Retailers embrace Senate effort to fight fakes sold through marketplaces

Amazon, where the problem is acute, so far hasn't joined broad industry support of the bipartisan measure.

UPDATED: March 24, 2021 at 4:03 p.m.

The pandemic may have changed some consumer habits permanently

Half of consumers worldwide and 43% in the U.S. say they've altered their behavior due to financial and health-related anxiety, AlixPartners found.

Walmart, H&M among retailers in US most exposed to Suez Canal disruptions

Earlier this week Ikea confirmed it had containers held up, as companies across industries are addressing the impact of the logjam.

Walgreens to launch digital bank accounts this year

The accounts will be available to customers online and at 9,000 Walgreens locations in the second half of 2021.

Michaels launches Instacart delivery pilot in select cities

As the COVID-19 pandemic pushes consumers toward delivery, the arts and crafts retailer is joining the furor with a 100-store pilot.

Chewy reports first quarterly profit as sales rise 51%

Buoyed by increased pet adoptions last year and heightened e-commerce demand, the online pet retailer continues to reap the benefits.

Lululemon more than doubles e-commerce in 2020

That benchmark was initially expected in 2023, and the company also remains on track to double men's and quadruple international by then.

How the pandemic changed consumers, according to the Conference Board

The past year has been one of contradictions and digitization, and some trends will stick, according to a report from the business research group.

Months out of bankruptcy, Neiman Marcus refinances $1.1B in debt

The luxury retailer kicked out maturities and reduced interest expenses as it tries to find its footing in a changed sector. 

The pandemic raised customer service expectations: report

Thanks to changes in customer behavior, 58% of shoppers have raised their customer service experience bar since last year, Talkdesk Research found.

Bed Bath & Beyond brings in Walmart, Wayfair vets to support digital operations

Jill Pavlovich and Jake Griffith will help grow the company's $3 billion online business as it works toward becoming an "omni-always" retailer.

Citing privacy concerns, some online marketplaces move against seller transparency

EBay, Etsy, Mercari, OfferUp and Poshmark have banded together against a Senate bill aimed at curtailing sales of fake and stolen goods.

GameStop hires Amazon vet as chief growth officer

The retailer is filling out its upper ranks with e-commerce specialists as it tries to transition to a more digital era of gaming.