Page 3

J. Crew exits bankruptcy

The apparel seller's new owner sees "an immense opportunity for growth and expansion" for the company's brands.

UPDATED: Sept. 11, 2020 at 9:33 a.m.

Column

Retail Therapy: Red Wing reimagines the Labor Day promo

To help unemployed U.S. workers, the shoe brand called on other companies to put aside deals and discounts this holiday and promote open jobs.

Tractor Supply to help fund rural internet access

The retailer, which recently reported triple-digit e-commerce sales growth, is pledging $1 every time its app is downloaded. 

Bankrupt J.C. Penney plans to sell itself to Simon and Brookfield

After weeks of talks, including "a few screaming matches" among stakeholders, the retailer unveiled a deal in principle with its landlords.

What the future of TikTok means for retail

Brands should be prepared to pivot their marketing efforts if the platform is banned or acquired. 

Chewy has already added more customers this year than in all of 2019

The pet e-retailer's sales and margins grew in the second quarter, and analysts see it well positioned to take advantage of an expanding opportunity.

Target plans to expand Black employee representation by 20%

The retailer has announced multiple equity and diversity initiatives in a year when conversations and protests over racial injustice have moved to the fore. 

Column

SKU'd: 7 pop culture moments that track the downfall of the mall

From Fast Times at Ridgemont High to Harley Quinn, pop culture has been recording the slow decline of an American shopping institution. 

Century 21, in Chapter 11, to wind down after 60 years

The Manhattan-based off-pricer, which famously rebuilt after 9/11, blames unpaid insurance claims as all 13 stores liquidate.

GameStop to close up to 450 stores this year

Executives with the gaming retailer accelerated plans to lower their footprint density after seeing strong results from earlier closures. 

What Q2 says about apparel

The category has dragged down retail since the pandemic forced stores shut and dented the economy. Some players are doing better than others.

Louis Vuitton, Puma dress up for TikTok Fashion Month

Livestreams, apparel reveals and instructional videos by brands and creators arrive as TikTok works to make its app a fashion hub for young consumers.

American Eagle to close up to 50 stores this year, eyes hundreds more

The closures will hit the retailer's namesake brand, while the Aerie lingerie business and new activewear brand "Offline" are poised for growth.

Walmart pilots drone delivery for groceries with Flytrex

The test program will deliver grocery and household items from the retailer's stores to homes in Fayetteville, North Carolina.

EBay to authenticate, cut seller fees for luxury watches

The site’s new features aim to protect customers' funds and verify high-end watches.

Under Armour cuts 600 corporate jobs in latest restructuring move

The layoffs are an extension of a cost-reduction push that started this spring and was recently extended by the sports apparel brand's board.

In scathing rebuttal, LVMH vows countersuit against Tiffany over merger breakdown

The Parisian luxury house called the jeweler’s legal action unfounded and defamatory, and added to its rationale for ditching their $16.2 billion deal.

UPDATED: Sept. 10, 2020 at 1:01 p.m.

One Kings Lane workers allege furloughs were based on pregnancy

Among other things, the plaintiffs pointed to comments about "work-life balance" as evidence of the alleged discrimination.

Lululemon to expand holiday pop-ups to 70 to ease pandemic pressure

Profits and margins shrank in Q2, but the retailer is among the few in the black, and CEO Calvin McDonald said he remains "cautiously optimistic."

Coldwater Creek assets reportedly acquired by Hong Kong sourcing firm

The retailer's sales were on the rise going into 2020, but COVID-19 disruption led to major losses. Now it has another chance for a comeback. 

Neiman Marcus gets court OK on bankruptcy plan

The luxury retailer aims to shed some $4 billion in debt and exit Chapter 11 by the end of September. 

Mall of America reportedly preps more than 200 layoffs

Owner Triple Five Group leveraged the experience-rich center to prop up its newer American Dream project, and both are stymied by the pandemic.

Consumers form loyalties to new brands they bought in quarantine, survey finds

Some of the new shopping habits formed during the pandemic could endure, providing opportunities for marketers, Bazaarvoice found.

Kohl's revamps loyalty program

The retailer is rolling 30 million of its current loyalty members into a more streamlined structure. 

Whole Foods to offer pickup from nearly all of its stores by end of month

The retailer has tripled click-and-collect availability since March and intends to have the service at 480 stores within a few weeks.