Jill Soltau leaves J.C. Penney

Soltau arrived two years ago as CEO, but the retailer filed for bankruptcy this year, exiting last month with two mall landlords as its new owners.

By Daphne Howland • Dec. 30, 2020

DOJ sues Walmart, alleges it helped drive the opioid crisis

The retailer responded with a scathing statement accusing the Justice Department of ethics violations, factual inaccuracies and cherry-picking. 

By Ben Unglesbee • Dec. 23, 2020

Trump reverses course, signs $900B pandemic relief into law without changes

The House is expected to vote to increase payments to consumers to $2,000 from $600, but the Senate is unlikely to consider it before a new Congress is sworn in.

By Daphne Howland • Updated Dec. 28, 2020

Pet Supplies Plus to acquire some Pet Valu stores

After announcing it would wind down its U.S. operations earlier this year, 40 former Pet Valu locations will reopen under a new name as early as January.

By Caroline Jansen • Dec. 23, 2020

Crisis Management: How executives are handling a turbulent time in retail

From the moment the pandemic started, retailers have been in a relative state of chaos. Here's what some companies did about it.

By Cara Salpini • Dec. 23, 2020

Nordstrom brings supply chain talent into the C-suite

The retailer's digital sales increased to 54% in 2020, highlighting the importance of supply chain and omnichannel in serving customers.

By A.B. Brown • Dec. 22, 2020

Bass Pro parent to acquire Sportsman's Warehouse

The deal would create an outdoors sports giant in an era when sales in the sector are booming, with the pandemic driving consumers outside. 

By Ben Unglesbee • Dec. 22, 2020

Bath & Body Works turns to Ascena, Ross for exec hires

The company is switching up the team as it prepares to spin off the personal care brand, possibly in a matter of weeks.

By Daphne Howland • Dec. 22, 2020

The Container Store names new CEO

Satish Malhotra, who previously held leadership roles at Sephora, will take over the chief executive role from Melissa Reiff on Feb. 1.

By Caroline Jansen • Dec. 22, 2020

Nike posts $11B quarter and plans for 30 new stores

The activewear retailer plans to capitalize on its recovery by investing in more growth opportunities, including new stores and digital.

By Cara Salpini • Dec. 21, 2020

Congress agrees on $900B pandemic relief package

The second round of support includes $600 in direct payments, half that of the first, but all told could steady the economy as COVID-19 vaccines roll out.

By Daphne Howland • Dec. 21, 2020

Grove Collaborative raises $125M to launch new brands

The funding brings the DTC brand to a $1.32 billion valuation as it looks to expand into new categories.

By Maria Monteros • Dec. 21, 2020

Crisis Management: The 3-year strategy that paid off for Brooks this year

Chief Operating Officer Dan Sheridan discusses how the brand's multichannel initiative kept the company alive, and thriving, during the pandemic.

By Cara Salpini • Dec. 21, 2020

Guitar Center exits bankruptcy

The musical instrument retailer has added new sources of capital as it tries to start a new chapter.

By Ben Unglesbee • Updated Dec. 23, 2020

Barkbox merger with SPAC approved

The new company, which will be renamed "The Original Bark Company," will begin trading on the New York Stock Exchange on Wednesday.

By Caroline Jansen • Updated June 1, 2021

Bankruptcy alum Rue21 plans to open 15 new stores

The apparel retailer survived Chapter 11 and is posting positive comparable sales and planning an expansion while others in the sector suffer.

By Ben Unglesbee • Dec. 17, 2020

Rebag opens micro-store in NYC

Customers can both shop and sell their luxury accessories at the new 180-square-foot store at The Shops at Columbus Circle. 

By Kaarin Moore • Dec. 17, 2020

The pandemic economy weighs on retailers in November

The results could have been worse, given the government's failure to renew financial support to consumers and businesses amid the holiday season.

By Daphne Howland • Dec. 16, 2020

New York faces another possible shutdown of nonessential businesses

As COVID-19 cases surge, Mayor Bill de Blasio indicated that another round of closures could come after Christmas and last a "matter of weeks."

By Ben Unglesbee • Dec. 16, 2020

Foot Locker hires new CIO to oversee digital operations

Himanshu Parikh will lead the company's tech strategy and infrastructure, and comes with 25 years of experience at retailers like Michaels and Ross.

By Tatiana Walk-Morris • Dec. 16, 2020

What foot traffic says about post-pandemic retail

Expect malls to be flexible about leases and tenant mix, and this year's rush into the suburbs to endure, according to footfall analytics firm Placer.ai.

By Daphne Howland • Dec. 16, 2020

An existential moment for the last video store chain

Family Video permanently shuttered half its footprint this year amid fallout from COVID-19. Now it's "all hands on deck" for the tenacious retailer.

By Ben Unglesbee • Dec. 16, 2020

Christopher & Banks weighs strategic options, including bankruptcy

After making progress prior to the pandemic, the women's apparel retailer indicated that it might not be able to withstand its current financial strain.

By Ben Unglesbee • Dec. 15, 2020

Revlon names new CMO after financing deal

Martine Williamson returns to the beauty brand, this time as chief marketing officer.

By Maria Monteros • Dec. 14, 2020

Adidas mulls Reebok sale

The company said it will release its decision on March 10 at the same time as a five-year strategic plan.

By Cara Salpini • Dec. 14, 2020