Sycamore Partners reportedly bids on Ann Taylor and other Ascena assets

The private equity firm could add the bankrupt conglomerate's most valuable remaining brands to its retail portfolio, according to a Bloomberg report.

By Daphne Howland • Sept. 28, 2020

Costco sales jump on strong fresh food demand

The retailer regained its footing as consumers grew more comfortable with in-store shopping after it struggled with reduced store traffic earlier in the year. 

By Sam Silverstein • Sept. 25, 2020

Patagonia names Ryan Gellert CEO, replacing Rose Marcario

Marcario stepped down in June of this year, to the surprise of many, but the company has the same mission under Gellert: saving the "home planet."

By Cara Salpini • Sept. 25, 2020

Target to double holiday staffing for same-day services

The retailer said that 10 million new customers shopped its website and demand for its same-day fulfillment options quadrupled in the first half of 2020.

By Ben Unglesbee • Sept. 25, 2020

Ulta postpones entry into Canada

Citing the current operating environment, the beauty retailer said its global expansion is suspended while it shifts to focus on U.S. growth.

By Cara Salpini • Sept. 24, 2020

Neiman Marcus Group plans store layoffs in pivot to e-commerce

The changes are "substantial," according to WWD, which first reported the news. And they represent further erosion of the department store sector.

By Daphne Howland • Sept. 24, 2020

SKU'd: LVMH & Tiffany's infinite breakup playlist

What started out as a beautiful romance ended up in court in Delaware. Here's the soundtrack to the dissolution of a corporate relationship. 

By Kaarin Moore • Sept. 24, 2020

The Backroom: Walmart+ vs. Amazon Prime

Why did the retail giant launch a membership service, and can it compete with Prime? Senior Reporters Daphne Howland and Ben Unglesbee break it down.

By Caroline Jansen • Sept. 24, 2020

Bed Bath & Beyond names former Michaels exec CTO

The appointment follows the company's decision to lay off 5% of its workforce as it continues to streamline operations. 

By Tatiana Walk-Morris • Sept. 24, 2020

Retailers get out the vote

Elections are an opportunity for businesses to embrace bipartisan action, overt activism and selling merch.

By Daphne Howland • Sept. 23, 2020

Party City to open 91% fewer Halloween pop-ups this year

The retailer is coming off a disastrous 2019 holiday performance and headed into a season disrupted by the pandemic. 

By Ben Unglesbee • Sept. 23, 2020

Nike bounces back with $10.6B revenue in Q1

The revenue win comes as the athletics retailer continues to accelerate its digital strategy and prioritize owned channels over wholesale.

By Cara Salpini • Sept. 23, 2020

Walmart to offer sellers credit lines through Goldman Sachs

Amazon partnered with the financial company this summer on a similar initiative with higher credit limits.

By Tatiana Walk-Morris • Sept. 23, 2020

Is Walmart finally in fashion?

The retail giant has refined its stable of brands through partnership, acquisition, expansion, revitalization and divestment. 

By Daphne Howland • Sept. 23, 2020

Ralph Lauren to cut workforce by 15%

The apparel company is boosting its digital operations and cutting merchandising as it works to evolve despite unprecedented unknowns.

By Daphne Howland • Sept. 22, 2020

Lowe's to add pickup lockers to most metro areas by Thanksgiving

The fulfillment tech comes after the home improvement retailer reported a 135% year-over-year surge in website sales during the second quarter.

By Caroline Jansen • Sept. 22, 2020

Ascena clears hurdle into final stretch of Ch. 11 reorganization

The apparel retailer is putting up its reorganization plan for a creditor vote as it aims to shed $1 billion in debt and emerge healthier.

By Ben Unglesbee • Sept. 22, 2020

Walmart tries again in apparel with new private label

The retailer has attempted to elevate its fashion, without matching Target's success. It may need to if it's going to offset its growing e-commerce costs.

By Daphne Howland • Sept. 21, 2020

Pottery Barn aims to extend life of products through Renewed line

Through a partnership with The Renewal Workshop, the home goods retailer makes its play in the growing resale market.

By Caroline Jansen • Sept. 21, 2020

Oracle, Walmart deal for TikTok tentatively approved, paving way for digital shakeup

The proposed company will leverage Walmart's e-commerce, fulfillment and payment services while setting up a showdown with major digital platforms.

By Robert Williams • Sept. 21, 2020

The standard holiday season is 'meaningless' this year, AlixPartners says

The consultancy added October sales in its forecast for 2020 to account for shifts retailers and consumers are making in a pandemic. 

By Ben Unglesbee • Sept. 21, 2020

FullBeauty's $41M bid wins Catherines plus brand at auction

The offer more than doubles a stalking horse bid from plus e-retailer City Chic. Bankrupt owner Ascena also says it will close 23 more Justice stores.

By Daphne Howland • Sept. 18, 2020

Walmart revamps store teams, raises some wages

The retailer is adding responsibilities to three key leadership roles and boosting wages for some 165,000 employees while also nixing bonuses. 

By Ben Unglesbee • Sept. 18, 2020

A long-awaited moment of truth for GameStop

As the next generation of consoles finally nears release, analysts are signaling more confidence in the struggling gaming retailer.

By Ben Unglesbee • Sept. 17, 2020

Rent the Runway drops unlimited rental

The company's tweaks to its membership structure include three subscription options where consumers can receive up to four, eight or 16 items a month.

By Kaarin Moore • Sept. 17, 2020