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

Amazon expands Alexa tech team in California

The move comes as the e-commerce giant is expanding into other areas like in-car commerce and other voice-powered services. 

By Tatiana Walk-Morris • Feb. 10, 2020

Macy's new North Star

Can the department store's reboot of its previous turnaround plan please both investors and customers?

By Daphne Howland • Feb. 7, 2020

Birchbox cuts 25% of global staff

The layoffs include nearly half of the employees at the company's New York corporate offices, and come as the brand tries to generate savings.

By Cara Salpini • Feb. 7, 2020

M.M.LaFleur opens concept shop in Washington, D.C.

"We wanted to put ourselves in front of more people," said CEO Sarah LaFleur. The next M.M. To Go stores will be in Boston and Chicago.

By Kaarin Moore • Feb. 7, 2020

Tapestry turns to new leadership for stalling Kate Spade, Stuart Weitzman

Holiday sales were strong, especially at Coach, but the company has been forced to lower its guidance due to the coronavirus outbreak in China.

By Daphne Howland • Feb. 6, 2020

Under Armour's new CEO fills out C-suite

Patrik Frisk named two company veterans to fill the roles of chief operating officer and a newly created chief experience officer position.

By Cara Salpini • Feb. 6, 2020

Macy's revamps private label to reach millennials

The department store is pinning an apparel comeback on hopes its own brands deliver a quarter of its sales — including four at $1 billion apiece.

By Daphne Howland • Feb. 6, 2020

Target journeys into Away's market with new private label luggage

The line relies on the retailer's long-time brand strategy of blending current style and low prices.

By Ben Unglesbee • Feb. 6, 2020

The toy category still hasn't recovered from the death of Toys R Us

Target's flattened holiday sales, as well as others' abandoned experiments, reveal a market that hasn't fully readjusted after the exit of its largest specialist.

By Ben Unglesbee • Feb. 6, 2020

Macy's to shutter 125 stores in massive retooling

The department store is also closing its Cincinnati headquarters, moving macys.com out of San Francisco, and cutting some 2,000 jobs.

By Daphne Howland • Feb. 4, 2020

La Senza denies it is insolvent as supplier tries to force Ch. 7

The Canadian lingerie retailer disputed allegations that it breached an agreement with an important vendor made after L Brands sold the company.

By Ben Unglesbee • Feb. 4, 2020

In largest expansion yet, Sephora to open 100 North American stores in 2020

By comparison, the beauty retailer opened 110 stores globally in 2019. This expansion, however, will focus on local communities in the region.

By Cara Salpini • Feb. 4, 2020

Forever 21 sale plan approved despite supplier, landlord objections

Authentic Brands Group, Simon Property and Brookfield will serve as the "dark horse" bidders with a plan to take over the retailer. 

By Ben Unglesbee • Updated Feb. 5, 2020

Schick maker calls off Harry's merger

The grooming startup informed Edgewell that it intends to sue, which its would-be suitor told the SEC "has no merit."

By Daphne Howland • Updated Feb. 10, 2020

Mobile messaging firm Attentive raises $70M

CEO Brian Long stated that, "brands will be expected to engage in real-time, two-way conversations with their customers via mobile messaging." 

By Tatiana Walk-Morris • Feb. 4, 2020

Forever 21 lands $81M bid from Simon, Brookfield, Authentic Brands

Two of the fast-fashion retailer's major landlords joined in a stalking horse bid to buy it out of bankruptcy, a plan that could salvage the retailer.

By Ben Unglesbee • Feb. 3, 2020

Macy's launches new store concept in Texas

"Market by Macy's" seems to differ from the department store's "Growth" effort and opens this week as the retailer ponders operating on a smaller scale. 

By Daphne Howland • Feb. 3, 2020

Farfetch raises $250M to accelerate global growth

The investment, half of which was from Tencent, could prove useful in the luxury platform's ability to gain ground in China. 

By Tatiana Walk-Morris • Feb. 3, 2020

Ann Taylor parent Ascena puts HQ up for sale

The apparel conglomerate continues to scramble to stem falling sales across its brands, after major operational shakeups last year.

By Daphne Howland • Updated Feb. 3, 2020

Levi's hopes in China stalled by coronavirus

The brand recently opened its largest Mainland store in Wuhan, the outbreak's epicenter, but is temporarily closing half its fleet in the country.

By Daphne Howland • Jan. 31, 2020