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 Parduhn • 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

The Children's Place to close 300 stores

The retailer saw e-commerce soar 300% while stores were closed due to the pandemic, but losses were exacerbated by higher online fulfillment costs.

By Daphne Howland • June 12, 2020

Sam's Club rolls out curbside pickup across the US

The service will be free for Plus-level members of the Walmart-owned warehouse chain.

By Sam Silverstein • June 12, 2020

Zara owner Inditex to close as many as 1,200 stores

The fast-fashion giant's plan to integrate stores with e-commerce paid off in a quarter when 88% of stores were shut at some point due to the pandemic.

By Daphne Howland • June 11, 2020

Patagonia CEO Rose Marcario steps down

In her tenure, Marcario was "instrumental in leading the company through the most prosperous time in its 47-year history," the retailer said.

By Cara Salpini • June 11, 2020

Tailored Brands says it may have to file bankruptcy if COVID-19 crisis wears on

The Men's Wearhouse and Jos. A. Banks owner had started to make progress on its turnaround when COVID-19 threw it into crisis. 

By Ben Unglesbee • June 11, 2020

Simon pulls out of $3.6B Taubman deal

In response, Taubman called the termination notice "invalid and without merit," saying Simon remains "bound to the transaction in all respects."

By Daphne Howland • Updated June 10, 2020

Apparel margins take a hit as retailers face a new future

Reopenings are boosting clothing sales due to pent-up demand, but specialty and department stores will keep some doors shut for good.

By Daphne Howland • June 10, 2020

Bloomberg: RTW Retailwinds preparing to close all stores in bankruptcy filing

The company, owner of New York & Co., indicated previously it had defaulted on multiple financial obligations after COVID-19 hit.

By Ben Unglesbee • Updated June 22, 2020