More Kmart, Sears stores to close

The retailer's stores are quietly closing around the country, as it continues to shrink in an ever-more-difficult retail environment. 

By Ben Unglesbee • June 25, 2020

The Backroom: Tracking retail sales numbers in a pandemic

In this episode, the team discusses how Retail Dive reports monthly sales numbers and what those figures signal about the industry's future.

By Caroline Jansen • June 25, 2020

New Amazon 'counterfeit crimes unit' aims for zero fakes

The e-commerce giant says prevention remains a priority but that its new taskforce will help it pursue civil and criminal measures against "bad actors."

By Daphne Howland • June 24, 2020

GNC files for bankruptcy, could close up to 1,200 stores

After years of distress, the supplement retailer entered Chapter 11 with a forked plan to either sell itself or turn ownership over to lenders.

By Ben Unglesbee • June 24, 2020

Back to school? Maybe

As summer rolls on, the COVID-19 pandemic promises to interfere with one of retail's most important shopping seasons.

By Daphne Howland • June 24, 2020

Walmart closes some locations for 'deep cleaning'

Employee advocates are calling for transparency as positive COVID-19 tests are disclosed among worker ranks, highlighting a challenge for retailers.

By Daphne Howland • Updated June 24, 2020

J.C. Penney announces 13 additional store closures

The plans comes less than a week after the retailer started liquidation sales at 136 locations. 

By Kaarin Moore • June 23, 2020

Ascena to pay out millions to execs amid reports of possible bankruptcy

The apparel retailer had cut executive pay after closing its stores in response to COVID-19. Now it's giving out cash awards to retain its top management. 

By Ben Unglesbee • June 23, 2020

Amazon, Valentino team up in court over alleged counterfeits

The e-commerce giant has come under fire before for the proliferation of fakes on its website, but says it will "take aggressive action."

By Daphne Howland • June 22, 2020

Bed Bath & Beyond lays off hundreds of employees

The struggling home goods retailer has filed WARN notices in Florida and New Jersey indicating more than 360 jobs will be cut effective Aug. 22.

By Caroline Jansen • June 22, 2020

Retailers survived the COVID-19 closures on borrowed money. Can they pay it back?

Revolver draws, bond issues, deferred rent and vendor payments — the industry racked up a slew of new liabilities because of the pandemic.

By Ben Unglesbee • June 22, 2020

Taubman shareholders approve Simon deal as REITs head to mediation

The mall operators are locked in a dispute over their merger deal, which Simon has moved to terminate.

By Daphne Howland , Ben Unglesbee • Updated June 26, 2020

Brookfield takes Gap Inc. to court over unpaid rent

The move follows a lawsuit from Simon Property Group. Gap Inc. says it's working with landlords but that some stores may need to close permanently.

By Daphne Howland • June 19, 2020

Long Tall Sally winds down its business

The U.K.-based women's apparel retailer, which caters to shoppers 5'8" and taller, cited the pandemic and its attendant economic uncertainty.

By Daphne Howland • June 18, 2020

Neiman Marcus says it's on track to exit bankruptcy by fall

The luxury retailer has reopened 90% of its stores in some capacity and just got court approval for hundreds of millions in new financing.

By Ben Unglesbee • June 18, 2020

Dick's Sporting Goods debuts 2 clearance-based concepts

The locations could help the retailer shed excess inventory in the wake of the pandemic, and also provide brand partners with an alternative to off-pricers.

By Cara Salpini • June 17, 2020

Target sets $15 hourly starting wage

The retailer is meeting a goal established three years ago, and is adding temporary pandemic-related benefits like a bonus and paid leave.

By Daphne Howland • June 17, 2020

Stein Mart warns it might not survive pandemic disruption

The discount retailer had a suitor lined up, but the deal fell apart. Now its ability to keep operating is in question as COVID-19 wreaks havoc. 

By Ben Unglesbee • June 17, 2020

Walmart buys medication management tech from startup CareZone

With the purchase of CareZone's technology, patents and intellectual property, the retailer is building up its digital health capabilities.

By Rebecca Pifer • June 16, 2020

Francesca's floats possibility of bankruptcy

The apparel and accessories retailer warned that, even as some stores have reopened, the COVID-19 pandemic continues to weigh on results.

By Daphne Howland • June 16, 2020

J. Jill buys some more time with forbearance extension

The apparel retailer's interim CEO said the company was "making progress" with lenders after breaching loan terms in June.

By Ben Unglesbee • Updated July 16, 2020

Consumers want retailers to do the right thing

Storytelling is how brands connect with customers. As protests lead to widespread demands for change, they must prove they're selling more than fairy tales.

By Daphne Howland • June 15, 2020

Lands' End downgraded on refinancing uncertainty

S&P gave the clothing seller a CCC rating as a $385 million term loan comes due with no announced plans to address it.

By Ben Unglesbee • June 15, 2020

Lululemon eyes Q4 for a return to revenue growth

Digital comps in Q1 grew 70%, and e-commerce accounted for 54% of total revenue in the quarter, buoying the retailer through the pandemic.

By Cara Salpini • June 12, 2020

Party City tries to pivot as Q1 loss tops half a billion dollars

The retailer expanded its curbside services and added drive-by party products to its offering as it navigates a market defined by a pandemic.

By Ben Unglesbee • June 12, 2020