GNC nixes auction, plans to sell itself to investor

With no other bids, the retailer is moving forward with a sale to China-based Harbin Pharmaceutical Group. The deal could be subject to regulatory scrutiny. 

By Ben Unglesbee • Sept. 15, 2020

Amazon to hire 100K after 6 months of capacity building

The company is opening 100 new operations buildings in September as it preps for peak season during a pandemic. 

By Emma Cosgrove • Sept. 14, 2020

J. Jill dodges bankruptcy

After multiple forbearance extensions, the apparel seller cut an out-of-court deal with key lenders that will extend maturities and add liquidity. 

By Ben Unglesbee • Sept. 14, 2020

Wayfair hires Walmart alum to run supplier tech

The e-tailer sees expansive product choice as a differentiator, which makes attracting vendors a key element of its success. Technology is one inducement.

By Emma Cosgrove • Sept. 14, 2020

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.

By Daphne Howland • Sept. 11, 2020

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. 

By Ben Unglesbee • Sept. 11, 2020

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. 

By Ben Unglesbee • Sept. 10, 2020

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.

By Daphne Howland • Sept. 10, 2020

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.

By Daphne Howland • Sept. 10, 2020

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.

By Ben Unglesbee • Sept. 10, 2020

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.

By Lisa Burden • Sept. 10, 2020

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."

By Daphne Howland • Sept. 9, 2020

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.

By Ben Unglesbee • Sept. 9, 2020

Retail's unlikely pandemic winners

Wayfair, Overstock and At Home have made gains while much of the industry faces sales declines, layoffs and, in some cases, bankruptcy.

By Caroline Jansen • Sept. 9, 2020

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. 

By Ben Unglesbee • Sept. 9, 2020

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.

By Daphne Howland • Updated Sept. 10, 2020

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.

By Jeff Wells • Sept. 8, 2020

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.

By Daphne Howland • Sept. 8, 2020

Neiman Marcus exits bankruptcy

The retailer said that its new owners understand the value of its brands and are committed to sustainability issues.

By Ben Unglesbee • Updated Sept. 28, 2020

What's in a flagship?

A lot of retailers need to close more stores, and many are. But what about the ones meant to showcase their brands? It depends.

By Daphne Howland • Sept. 8, 2020

With new menswear hire, Nordstrom tackles a major weakness

Former Highsnobiety Editorial Director Jian DeLeon arrives as S&P Global Ratings downgraded the retailer, citing lasting impacts from the pandemic.

By Daphne Howland • Sept. 4, 2020

Neiman Marcus foe arrested as retailer tries to cross bankruptcy finish line

The retailer filed the third version of its bankruptcy plan on Friday as it eyes reorganization and an exit from a dramatic bankruptcy. 

By Ben Unglesbee • Sept. 4, 2020

Credit Suisse: Ralph Lauren works to clean up North American business

Digital sales grew just 3% in the region as the brand tries to limit sales on the gray market and shift its focus to more high-end customers.

By Tatiana Walk-Morris • Sept. 4, 2020

J. Jill sales plummet 49%

The struggling apparel retailer actually narrowed its loss due to a write-off in the year-ago period, but could soon be headed to bankruptcy court.

By Daphne Howland • Sept. 3, 2020

Target adds premium products to its Good & Gather line

Good & Gather Signature has launched with 60 items, which will help bring the private label line to nearly 2,000 total products by the fall.

By Krishna Thakker • Sept. 3, 2020