Lululemon names new CFO

Meghan Frank has served as co-CFO in the interim since April, and her appointment comes shortly after several exec moves in October.

By Cara Salpini • Nov. 20, 2020

Caleres to close 133 Naturalizer stores in shift to digital

Hit by the pandemic, many of the locations under the women's footwear brand had become unprofitable, while more sales were originating online.

By Ben Unglesbee • Nov. 20, 2020

Ross keeps customers coming to stores in steady Q3

Profits declined more than 64%, but the off-price retailer stayed in the black and even bested its rivals despite having no e-commerce.

By Daphne Howland • Nov. 20, 2020

Victoria's Secret rebound lifts L Brands as Q3 profits soar

While Bath & Body Works for several quarters seemed to be the retailer's only hope, its lingerie brand's new strength is poised to change that narrative.

By Daphne Howland • Nov. 19, 2020

RadioShack brand acquired by new owner of Pier 1, Modell's IP

Retail Ecommerce Ventures has been on a buying spree of distressed retail intellectual property. 

By Ben Unglesbee • Nov. 19, 2020

Despite 'strong' Q3, Macy's operating loss approaches $5B for the year

The retailer's e-commerce rose at a steady clip and brought in new and younger customers, but its stores may be a problem even when they're open.

By Daphne Howland • Nov. 19, 2020

Walmart doubles number of personal shoppers for the holidays

The big-box retailer has over 150,000 associates dedicated to filling orders, including grocery.

By Tatiana Walk-Morris • Nov. 19, 2020

The Backroom: J.C. Penney's slow ride through bankruptcy

The department store's deal to sell itself to landlords Simon and Brookfield is in its final stages. But the retailer's struggles are far from over.

By Retail Dive Team • Nov. 19, 2020

As pandemic continues, Home Depot and Lowe's continue to reap benefits

Heading into the winter months, analysts don't expect the sales boom to subside as consumers will be forced to stay inside more.

By Caroline Jansen • Nov. 18, 2020

Wedding apparel retailer Brideside abruptly shuts down

Customers that have questions about orders are instructed to contact individual designers because the company is "no longer able to field inquiries." 

By Kaarin Moore • Nov. 18, 2020

Target steals more market share as same-day channels grow 217% in Q3

The retailer posted banner numbers across the board as consumers leaned on its digital-first services, and flocked to its stores, too.

By Ben Unglesbee • Nov. 18, 2020

TJX to launch HomeGoods e-commerce as the category fuels stellar Q3

The off-price retailer faces uncertainty during the holiday quarter, however, and that may not ease until the pandemic ends.

By Daphne Howland • Nov. 18, 2020

Out of stocks hit Casper's top line

The online mattress brand faced net revenue declines of 3.3%, while others in the category continue to win during the pandemic.

By Caroline Jansen • Nov. 17, 2020

Amazon jumps into pharmacy business, Prime members set to get steeper discounts

This move is a direct threat to retail pharmacy incumbents. CVS Health and Walgreens were hit in early market trading.

By Samantha Liss • Nov. 17, 2020

Kohl's disappoints in Q3 despite location advantage

The retailer proved the benefit of being away from the mall, but weak e-commerce hurt in the period as the pandemic discourages indoor shopping.

By Daphne Howland • Nov. 17, 2020

Walmart sales gains slow in Q3 but remain strong ahead of the holidays

The retailer's sales rose 6.2% in the U.S. thanks to higher ticket values as visits slowed. 

By Ben Unglesbee • Nov. 17, 2020

Francesca's to close 140 stores

The apparel retailer, which runs most of its stores in malls, also reiterated that it might take its restructuring efforts to bankruptcy court.

By Daphne Howland • Nov. 16, 2020

Tailored Brands looks to exit bankruptcy later this month

The owner of Men's Wearhouse and Jos. A. Bank won court approval for its bankruptcy plan, which would eliminate some $686 million in debt.

By Ben Unglesbee • Nov. 16, 2020

Taubman agrees to discount, clearing path to Simon merger

The largest U.S. mall developer shows signs of stress as the pandemic accelerates the model's decline, so likely needs to take over its smaller rival.

By Daphne Howland • Nov. 16, 2020

Home Depot buys back HD Supply in $8B deal

Bringing the industrial goods wholesaler back under its roof may help solidify the home improvement retailer's position among its pro customer base.

By Caroline Jansen • Nov. 16, 2020

Guitar Center files for bankruptcy

The retailer has a deal with lenders to cut $800 million in debt and get the company in and out of Chapter 11 by year's end. 

By Ben Unglesbee • Updated Nov. 23, 2020

5 ways retailers have adapted to a Black Friday unlike any other

Curbside sales, staggered discounts, websites that hold your place in line — retailers are reinventing Black Friday for a pandemic. 

By Ben Unglesbee • Nov. 16, 2020

Alibaba draws $74B in sales during 11.11 shopping event

The Global Shopping Festival, which spanned 11 days this year, attracted about 800 million consumers and more than 250,000 brands.

By Tatiana Walk-Morris • Nov. 13, 2020

Dillard's surprises with Q3 profit despite women's apparel slump

The department store kept an iron grip on expenses, and, in another blow to U.S. malls, appears to be scaling back its brick-and-mortar footprint.

By Daphne Howland • Nov. 13, 2020

Target's free loyalty program nears 80M members 1 year after launch

Customers have flocked to Target Circle after the retailer created a rewards program decoupled from its branded credit card.

By Ben Unglesbee • Nov. 12, 2020