Best Buy CEO to stay on after investigation

The board of directors concluded the investigation by saying it "supports the continued leadership" of CEO Corie Barry.

By Daphne Howland , Cara Salpini • Updated Feb. 5, 2020

Tailored Brands to sell Joseph Abboud brand for $115M

Brand management firm WHP Global will take the opportunity to expand the label globally, as the designer himself moves on.

By Daphne Howland • Jan. 21, 2020

Walmart's US leadership gets another shakeup

The retailer named Scott McCall as chief merchant following Steve Bratspies' departure from the company, among several other moves.

By Ben Unglesbee • Jan. 21, 2020

Nordstrom brings the department store into the 21st century

The retailer has constructed a diverse ecosystem in New York City. Its fate may be a test for the whole segment.

By Daphne Howland • Jan. 17, 2020

Papyrus parent to close all stores

The company's COO cited challenges in the retail sector and said the company had been working to avoid the outcome. 

By Ben Unglesbee • Updated Jan. 17, 2020

Who's minding the Gap?

The apparel company halted its spinoff of Old Navy, launching a new year intact but without a CEO and other key executives.

By Daphne Howland • Jan. 17, 2020

Rent the Runway to sell used garments through Nordstrom Rack

The new service, called Rent the Runway Revive, is the latest expansion in an ever-growing partnership between the two companies.

By Cara Salpini • Jan. 17, 2020

Target CIO: Build what will provide a competitive advantage, buy the rest

"You can't go anywhere and buy Target.com off the shelf," said CIO Mike McNamara, while speaking at NRF.

By Samantha Schwartz • Jan. 17, 2020

Gap Inc. reverses plans to spin off Old Navy

Analysts in recent months had grown skeptical of the split, devised by former CEO Art Peck last year, and frustrated by a lack of details surrounding it.

By Daphne Howland • Jan. 16, 2020

Bose to close all US stores

All locations in North America, Europe, Japan and Australia will shutter, with the company citing that its products are increasingly purchased online.

By Kaarin Moore • Jan. 16, 2020

Payless is out of bankruptcy — again — as it eyes US market

The shoe retailer has new management, and plans to build on its international business and grow again in North America as it exits Chapter 11 a second time.

By Ben Unglesbee • Jan. 16, 2020

Moody's warns department stores to brace for another tough year

More stores will have to close for the sector to regain its footing, the ratings firm said Wednesday.

By Daphne Howland • Jan. 16, 2020

Target 'stumbled' in the holidays as sales fell short

Even as comparables missed the retailer's expectations, Target boosted sales and market share in some key categories. 

By Ben Unglesbee • Jan. 15, 2020

Under Armour taps celebrity athletes for global ad campaign

"We want to be a really quiet company and a really loud brand," founder and executive chairman Kevin Plank said at the NRF's Big Show.

By Dianna Christie , Daphne Howland • Jan. 15, 2020

Express cuts 10% of corporate workforce

The apparel retailer is embarking on a new growth strategy developed under the leadership of former Macy's merchandising chief Tim Baxter.

By Daphne Howland • Jan. 15, 2020

Walmart expands robots to 650 additional stores

That brings the tech to 1,000 total locations, but a spokesperson noted that the company views robots as "assistants to the associates and their jobs."

By Tatiana Walk-Morris • Jan. 14, 2020

Crate and Barrel halts holiday TV ads for the first time

At NRF's Big Show, CEO Neela Montgomery said the retailer refocused marketing dollars on social channels like Instagram.

By Caroline Jansen • Jan. 14, 2020

In reversal, Away's Steph Korey to take on co-CEO role

Former Lululemon executive Stuart Haselden was previously tapped to take over as CEO, but he will now share that responsibility with Korey.

By Cara Salpini • Jan. 13, 2020

Casper files for IPO

The mattress company became known for its bed-in-a-box model, and spent nearly half a billion dollars on marketing to become a known disruptor. 

By Kaarin Moore • Jan. 13, 2020

Keeping pace: A timeline of two years in athletics retail

From major executive departures to innovative store concepts and corporate culture incidents, here are a few of the biggest recent industry events.

By Cara Salpini • Jan. 13, 2020

The comeback of the brick-and-mortar store

A key takeaway from the NRF's Big Show is that retail's future lies squarely between four walls as customer acquisition costs mount.

By Daphne Howland • Jan. 13, 2020

Kohl's CEO: 'Amazon is working'

Speaking at the NRF's Big Show, Michelle Gass defended the retailer's returns partnership with the e-commerce giant after a disappointing holiday. 

By Caroline Jansen • Jan. 13, 2020

Party City fills CFO slot with retail vet as it tries to rebound from sluggish 2019

Todd Vogensen, currently CFO of Chico's, will be tasked with helping the party goods chain improve its bottom line after a year of declining sales. 

By Jane Thier • Jan. 12, 2020

Pier 1 downgraded by Moody's

Just days ago the retailer signaled it could close nearly half its store fleet, though analysts question whether that's enough to stem losses.

By Caroline Jansen • Jan. 10, 2020

PVH completes sale of Speedo North America for $170M

Pentland Group will now operate the Speedo business worldwide.

By Daphne Howland , Kaarin Moore • Updated April 7, 2020