Art Peck's abrupt exit might be Gap's last chance

With the ouster of its CEO, the apparel giant may have thrown cold water on its plan to spin off its discount brand. What now?

By Daphne Howland • Nov. 8, 2019

Art Peck out at Gap Inc.

The longtime CEO was set to lead the new "Gap Inc." after Old Navy spins off. Instead, Board Chairman Robert Fisher, of the founding family, takes over in the interim.

By Daphne Howland • Updated Nov. 7, 2019

The RealReal defends authentication record

The company staked its reputation on claims that no other reseller is better at fighting fakes, but an investigative CNBC report couldn't come at a worse time.

By Daphne Howland • Updated Nov. 7, 2019

Ralph Lauren turns to rental, resale as turnaround sticks

The company had a good quarter in all regions and is confident enough to begin raising prices and scaling back promotions, executives said Thursday.

By Daphne Howland • Nov. 7, 2019

Debtwire: Papyrus considers store closures as it negotiates with landlords

The paper product specialist is reportedly trying to win rent concessions from landlords as mall-based specialty retailers across the board struggle.

By Ben Unglesbee • Nov. 7, 2019

Walgreens reportedly mulling massive private equity buyout

The drugstore retailer is exploring a possible go-private deal, which would be the largest leveraged buyout in history, according to multiple media reports. 

By Ben Unglesbee • Nov. 6, 2019

CVS will shutter 75 stores next year

Where rivals are shuttering locations by the hundreds, CVS is trimming underperforming ones as it expands its Health Hub healthcare concept.

By Daphne Howland • Nov. 6, 2019

Amazon launches Small Business Academy program

The company will offer seminars, webinars, and community college courses for starting and growing an online business.

By Lisa Rowan • Nov. 6, 2019

5 high-profile CEO exits in retail this year

Now, more than ever, chief executives are seen as the face of a company, and 2019 has already seen the highest number of departures on record.

By Kaarin Moore • Nov. 6, 2019

Pier 1 appoints Robert Riesbeck CEO

He steps into the role at a critical time for the home goods retailer, as it faces falling sales, growing losses and a possible NYSE delisting.

By Caroline Jansen • Nov. 5, 2019

Birchbox to pop up in 500 Walgreens stores for the holidays

The shop-in-shops will be positioned in a "grab-and-go holiday gifts" format and feature themed boxes, subscription gift cards, travel-sized items and more.

By Cara Salpini • Nov. 5, 2019

Tapestry holds steady amid department store woes

The accessories and apparel conglomerate is facing headwinds that include a fundamental shift in what shoppers want in their handbags.

By Daphne Howland • Nov. 5, 2019

Where does Barneys go now?

One flagship isn't going anywhere for at least a year, and that's a good sign. But its fate is now in the hands of a brand conglomerate — ​and Saks Fifth Avenue.

By Daphne Howland • Nov. 5, 2019

David's Bridal cuts a deal for $55M in new capital

The wedding apparel retailer also worked with lenders to reduce its debt as it looks to modernize operations and heal its balance sheet.

By Ben Unglesbee • Updated Nov. 5, 2019

Barneys Madison Avenue gets a new lease on life

New owner Authentic Brands Group agreed to keep the location open for a year as the iconic retailer begins a new phase, but liquidation sales begin this week.

By Daphne Howland • Nov. 4, 2019

Under Armour faces investigation into accounting practices

Executives said they believe their actions were appropriate in response to a Wall Street Journal report that the brand made itself appear healthier.

By Cara Salpini • Nov. 4, 2019

Retail fails: 6 of the biggest blunders from industry history

Target's Canadian misadventure, the marriage of Sears and Kmart, J.C. Penney's misbegotten transformation — if only hindsight were foresight.

By Ben Unglesbee • Nov. 4, 2019

WWD: Forever 21 shuttering all its Riley Rose beauty stores

A notice on the beauty retailer's web page directs shoppers to a tab on the parent company's site, suggesting its products will soon be sold only online.

By Daphne Howland • Nov. 1, 2019

Lululemon invests in tech fitness startup Mirror

The tech company sells a home fitness system that displays on a full-length mirror, and has secured $72 million in financing to date.

By Lisa Rowan • Nov. 1, 2019

Price wars, investment costs dampen Moody's outlook on retail

Analysts with the ratings firm slashed their expectations for this year's growth in profit and sales, though not all sectors are feeling the pain.

By Ben Unglesbee • Nov. 1, 2019

B8ta snaps up $50M from investors, including Macy's

The startup also announced the launch of Ark Marketplace, a tech platform that enables retailers to use the company's store technology. 

By Tatiana Walk-Morris • Nov. 1, 2019

Rite Aid downgraded over weak market position

As the drugstore business becomes more complex, and competitors larger, Rite Aid's regional focus leaves it without scale, Fitch analysts warned. 

By Ben Unglesbee • Oct. 31, 2019

Wayfair's net loss widens nearly 80%

The home goods retailer continues to struggle with posting a profit, though CEO Niraj Shah pointed to revenue gains as reasons for optimism. 

By Caroline Jansen • Oct. 31, 2019

Etsy margins take a hit amid solid revenue growth

The marketplace is wrestling to bring its Reverb acquisition into the fold and coax more sellers to offer free shipping, among other new initiatives.

By Daphne Howland • Oct. 31, 2019

Moody's downgrades Nordstrom

Additionally, UBS analysts lowered their stock rating from "neutral" to "sell" due to anticipated rough holiday selling and tariffs.

By Daphne Howland • Oct. 30, 2019