Best Buy posts 12th straight period of comp growth with Q4

The electronics retailer held the line on pricing, but soft demand and coronavirus concerns could make for a slower 2020.

By Ben Unglesbee • Feb. 27, 2020

J.C. Penney Q4 sales down 7.7%, to close 'at least' 6 more stores

The retailer logged positive profit and beat analyst expectations for the holiday quarter, but its turnaround still has a long way to go.

By Ben Unglesbee • Feb. 27, 2020

Bath & Body Works expansion plans rattle some nerves

L Brands' fourth quarter report revealed few surprises, but some details on its deal to sell a majority of the lingerie business exposed vulnerabilities.

By Daphne Howland • Feb. 27, 2020

Walmart merges store and online buying after decades of siloed operations

The move to unify buying across the business builds on Walmart's efforts to streamline and strengthen its omnichannel operations.

By Emma Cosgrove • Feb. 27, 2020

Stage Stores cuts staff, closes dozens of stores

Dozens of locations under the Gordmans banner, which the retailer has staked its future on, are closing as the company tries to rein in its finances.

By Ben Unglesbee • Feb. 26, 2020

Home Depot, Lowe's sales boosted by healthy housing market

Both retailers are in transformation mode, placing an emphasis on their digital operations.

By Caroline Jansen • Feb. 26, 2020

TJX's tear continues as Q4 sales rise 10%

The off-price retailer beat analyst and its own expectations for the quarter, setting the stage for more market share gains in 2020. 

By Ben Unglesbee • Feb. 26, 2020

J.C. Penney's chief customer officer steps down

Shawn Gensch was on the job less than a year, and was supposed to be a "vital component" of the executive team CEO Jill Soltau built.

By Ben Unglesbee • Feb. 26, 2020

Forever 21 names new CEO

Daniel Kulle, who worked with rival H&M for over 20 years, will focus on increasing sustainability and digital efforts at the fast fashion retailer.

By Kaarin Moore • Feb. 26, 2020

Target poised to be a top e-commerce player in 2020

The retailer's investments are "paying off," while Amazon still commands the lion's share of the market, according to eMarketer.

By Ben Unglesbee • Feb. 25, 2020

Macy's beats low expectations for Q4

Sales and profits fell, but not as much as feared, as executives gear up for the retailer's latest attempt to transform in an ailing department store sector.

By Ben Unglesbee • Feb. 25, 2020

Rue21 CEO exits

Interim CEO John Fleming brings with him exec experience from Walmart and Uniqlo, and says the teen apparel retailer is ready for its next stage of growth. 

By Kaarin Moore • Feb. 25, 2020

Modell's to close 19 stores, offer up minority stake

CEO Mitchell Modell said in a statement Monday that the athletics retailer was looking for outside investment to help save the business.

By Cara Salpini • Feb. 25, 2020

Guitar Center downgraded as gains fail to reduce debt load

The musical instrument retailer has grown its sales and underlying profitability, but can't shake its leverage, according to Moody's analysts.

By Ben Unglesbee • Feb. 24, 2020

Outdoor Voices cuts jobs as founder Tyler Haney resigns

Haney's exit from the brand comes just days after the company announced she would step down from the CEO role.

By Cara Salpini • Updated Feb. 26, 2020

Next 100: Sephora's head of stores talks expansion

Jeff Gaul shares how the retailer chose its next wave of locations to open and what it was like redesigning Sephora for a smaller format.

By Cara Salpini • Feb. 24, 2020

Adidas, Ikea lead on sustainable cotton sourcing

The athletic retailer knocked H&M down from the top spot, according to the latest Sustainable Cotton Ranking, which looked at a group of 77 firms.

By Emma Cosgrove • Feb. 24, 2020

L Brands CEO Les Wexner to step down as private equity takes over Victoria's Secret for $525M

Sycamore Partners' stake takes the lingerie brand private, leaving better-performing Bath & Body Works to prosper on its own.

By Daphne Howland • Feb. 20, 2020

Sephora 'not moving forward' with Sephora Studio concept

The smaller store format focused on services and a curated assortment. Now, the beauty retailer will focus its footprint elsewhere.

By Cara Salpini • Feb. 20, 2020

Pier 1's moment of truth

Any number of things could happen to the retailer at this point: reorganization, a sale, disassembly or liquidation. The coming weeks will determine its fate. 

By Ben Unglesbee • Feb. 20, 2020

Christopher & Banks, RTW top S&P list of most vulnerable retailers

Nordstrom edged onto the list, taking the No. 15 slot, as the department store struggles to maintain sales growth.

By Ben Unglesbee • Feb. 20, 2020

New Forever 21 owners in search of a CEO

Authentic Brands Group and mall landlords Simon and Brookfield took over from the retailer's founders Thursday, as fast fashion falters.

By Daphne Howland • Feb. 20, 2020

Nike's new CEO shuffles C-suite

The athletic brand gets a new COO, CFO, and president of consumer and marketplace to replace two top executives who will retire.

By Cara Salpini • Feb. 19, 2020

Bed Bath & Beyond lays out $1B turnaround plan

Last week the retailer said holiday comp sales were down 5.4% due in part to foot traffic declines. Now the retailer plans to invest up to $400 million in stores.

By Caroline Jansen • Feb. 19, 2020

Mattel to reduce SKUs 30% by the end of the year

Simplifying its supply chain, which included factory closures and predictive algorithms for forecasting, resulted in $797 million in 2019 cost savings.

By Emma Cosgrove • Feb. 19, 2020