Page 3

Another bleak quarter ahead for Bed Bath & Beyond

Store traffic declines caused the struggling retailer's comparable sales to fall more than 5% in December and January.

Making early-pay access a thing

Scot Parnell is deploying his financial services experience to help a startup evangelize a radical idea: let employees access their earned income as needed.

Kohl's cuts 250 jobs amid restructuring

The retailer appeared to be operating above the fray in the department store segment, but ended the year with sales and profits dipping.

Instagram overtakes Facebook in audience of top 50 brands, study says

Consumer interactions with brands on the social platforms fell during the holiday quarter, even among popular industries like fashion.

Stitch Fix officially launches 'Shop Your Looks'

The algorithm-led feature allows customers to choose items that go with pieces they already own, rather than leaving that to their stylist.

Rue21 adds plus-size apparel to more store locations

The teen apparel retailer is building out its extended sizes while others in the segment either disappear or face an uncertain future.

Modell's works with vendors, landlords to avoid bankruptcy

Mitchell Modell told Retail Dive the retailer has hired restructuring advisers and is turning to vendors and landlords to see it through a rough patch.

Forever 21's $81M sale wins court approval

Simon Property, Brookfield and Authentic Brands are set to take over the ailing retailer, despite objections from suppliers who say they are owed millions. 

Square integrates POS tech for retailers

The company is making its Square for Retail available on Square Register to help retailers streamline operations.  

Deep Dive

Mapping the physical locations of DTC brands

New York, San Francisco and Los Angeles were the top three cities where digital-first retailers open their first stores.

Study: Mobile gamers prefer DTC brands over retailers

Consumers are more likely to engage with an in-app rewarded ad than a social media sponsored post, according to a Tapjoy survey.

Inter Ikea Group names new CEO

As the Swedish furniture retailer undergoes a period of transformation, it once again looked to its bench to fill a key executive role.

How Lush ditched manual invoicing for automated accounts payable

Before 2017, the skincare company printed hundreds of thousands of supplier invoices annually. Now 92% of invoices are touchless.

WSJ: Stage Stores mulls bankruptcy as it looks to restructure debt

The report comes after a disappointing holiday period and as the retailer takes on an ambitious transition to off-price.

UPDATED: Feb. 12, 2020 at 11:22 a.m.

Under Armour weighs dropping NY flagship to focus on financials

Opening a store on Fifth Avenue may no longer be practical as the company tries to balance costs and investments.

Column

SKU'd: Secondhand beauty isn't the grossest part of the industry​

Because let's be real — does anyone really know what's in their makeup anyway?

The appeal of cashierless stores? Speed and short lines

Health and beauty could gain the most from adopting the concept, per a report from USA Technologies and PYMNTS.com.

Brandless shuts down

The online retailer will lay off 90% of its staff and cease operations as it reviews any acquisition offers, the company confirmed on Monday.

Column

Retail Therapy: Is Beyoncé Popeyes' muse in latest merch drop?

The fast-food chain this week released an apparel line that looks strikingly similar to the singer's sold-out Ivy Park X Adidas collection.

Amazon upgraded even as it ploughs money into shipping

The company's financial position remains strong thanks in large part to AWS, according to Moody's. 

Nordstrom Rack vet to lead Saks Off 5th

Last year, parent company HBC had plans to close as many as 20 off-price stores in the U.S., but on Monday CEO ​Helena Foulkes hinted at expansion.

87% of US businesses in China expect coronavirus to impact revenue

Companies ranging from Apple suppliers to Nissan have announced plans to temporarily pause production as a result of the virus outbreak.

Macy's adds perks to loyalty program

The rewards program expansion comes as the retailer rethinks its physical store and digital strategies. 

No other bidders step up as Forever 21 nears sale

The retailer suspended an auction scheduled for Monday in the absence of other bids besides the $81 million offer from landlords and Authentic Brands.

Deep Dive

Does Pier 1 still have time to save itself?

The home goods specialist prepares to potentially close nearly half its stores amid talk of a possible bankruptcy or sale.