Macy's downgraded as 'Polaris' strategy begins

Ratings cuts from S&P Global pushed the retailer's debt out of investment grade territory, even as analysts signaled patience with its turnaround.

By Daphne Howland • Feb. 19, 2020

M.M.LaFleur pulls back on plus-size apparel

Plus sizes make up less than 5% of the company's revenue. "We have struggled to find the reach that we had hoped for," said CEO Sarah LaFleur. 

By Kaarin Moore • Feb. 19, 2020

Pier 1 files for Chapter 11

The home goods retailer has already begun looking for buyers to sell itself in bankruptcy.

By Caroline Jansen • Feb. 18, 2020

Walmart posts 'tepid' Q4 as toys, apparel sales fall short

The retailer missed expectations for sales during the quarter, but executives and analysts still see a strong underlying business. 

By Ben Unglesbee • Feb. 18, 2020

Two months into 2020, 6 retailers have named or laid off a CMO

Shuffling in the role comes after a record year of CEO departures, and includes the likes of Gap, Lululemon and Tailored Brands.

By Cara Salpini • Feb. 18, 2020

Bed Bath & Beyond sells keepsakes site to 1-800-Flowers for $252M

The struggling retailer bought PersonalizationMall.com in 2016 for $190 million. Analysts hailed the sale, and called for even more.

By Daphne Howland • Feb. 18, 2020

The Body Shop to begin 'open hiring,' skipping background checks

Under the model, job openings will be filled on a first-come, first-served basis by any applicant who meets basic requirements.

By Ryan Golden • Feb. 18, 2020

Former Ascena exec named CEO of Francesca's

Andrew Clarke spent two years at the apparel conglomerate, most recently at Loft, and takes the reins at the retail chain after a tough year.

By Daphne Howland • Feb. 14, 2020

Wayfair lays off 550 employees

The job cuts, which impact about 3% of its global workforce, come as the online home goods retailer struggles to become profitable.

By Caroline Jansen • Feb. 14, 2020

Rent the Runway taps former Amazon exec as chief supply chain officer

Brian Donato previously worked at the e-commerce giant in operational roles related to returns and fulfillment. 

By Shefali Kapadia • Feb. 14, 2020

Walmart to end Jet Black service

The retail giant is pulling back on its high-end shopping service in New York and folding the technology into its broader business. 

By Ben Unglesbee • Feb. 13, 2020

Another bleak quarter ahead for Bed Bath & Beyond

Store traffic declines caused the struggling retailer's comparable sales to fall more than 5% in December and January.

By Caroline Jansen • Feb. 13, 2020

Kohl's cuts 250 jobs amid restructuring

The retailer appeared to be operating above the fray in the department store segment, but ended the year with sales and profits dipping.

By Daphne Howland • Feb. 13, 2020

Rue21 adds plus-size apparel to more store locations

The teen apparel retailer is building out its extended sizes while others in the segment either disappear or face an uncertain future.

By Kaarin Moore • Feb. 13, 2020

Modell's works with vendors, landlords to avoid bankruptcy

Mitchell Modell told Retail Dive the retailer has hired restructuring advisers and is turning to vendors and landlords to see it through a rough patch.

By Daphne Howland • Feb. 12, 2020

Forever 21's $81M sale wins court approval

Simon Property, Brookfield and Authentic Brands are set to take over the ailing retailer, despite objections from suppliers who say they are owed millions. 

By Ben Unglesbee • Feb. 12, 2020

Inter Ikea Group names new CEO

As the Swedish furniture retailer undergoes a period of transformation, it once again looked to its bench to fill a key executive role.

By Caroline Jansen • Feb. 12, 2020

87% of US businesses in China expect coronavirus to impact revenue

Companies ranging from Apple suppliers to Nissan have announced plans to temporarily pause production as a result of the virus outbreak.

By Matt Leonard • Feb. 11, 2020

Under Armour weighs dropping NY flagship to focus on financials

Opening a store on Fifth Avenue may no longer be practical as the company tries to balance costs and investments.

By Cara Salpini • Feb. 11, 2020

Amazon upgraded even as it ploughs money into shipping

The company's financial position remains strong thanks in large part to AWS, according to Moody's. 

By Ben Unglesbee • Feb. 11, 2020

Nordstrom Rack vet to lead Saks Off 5th

Last year, parent company HBC had plans to close as many as 20 off-price stores in the U.S., but on Monday CEO ​Helena Foulkes hinted at expansion.

By Daphne Howland • Feb. 11, 2020

Macy’s adds perks to loyalty program

The rewards program expansion comes as the retailer rethinks its physical store and digital strategies. 

By Tatiana Walk-Morris • Feb. 11, 2020

Brandless shuts down

The online retailer will lay off 90% of its staff and cease operations as it reviews any acquisition offers, the company confirmed on Monday.

By Jessica Dumont • Feb. 11, 2020

No other bidders step up as Forever 21 nears sale

The retailer suspended an auction scheduled for Monday in the absence of other bids besides the $81 million offer from landlords and Authentic Brands.

By Ben Unglesbee • Feb. 10, 2020

Simon snaps up Taubman malls for $3.6B

After a tepid fourth quarter, pressure on malls only intensified with Macy's announcement that it will shutter 125 stores in the next few years.

By Daphne Howland • Feb. 10, 2020