Snap alum launches curated online store Verishop

The e-commerce storefront promises free two-day shipping and round-the-clock customer service.

By Lisa Rowan • June 20, 2019

Fred's to close another 129 stores as it pares down footprint

The ailing drugstore retailer said it was focused on simplifying its store base and paying down debt.

By Ben Unglesbee • Updated July 12, 2019

Lululemon shutters men's only stores

A company spokesperson said shoppers have reacted better to the athletics retailer as "a dual-gender brand."

By Cara Salpini • June 20, 2019

Barnes & Noble sales fall 4%

The retailer managed to stem the losses from last year through cost cuts, but sales still declined in its fourth quarter and for the full fiscal 2019. 

By Ben Unglesbee • June 19, 2019

Debtwire: Charming Charlie hires financial adviser

The apparel and accessories retailer has been struggling with its balance sheet and a "liquidity crisis" since emerging from bankruptcy last year. 

By Ben Unglesbee • June 19, 2019

Tapestry names Abercrombie & Fitch exec new CFO

Joanne Crevoiserat is a seasoned retail executive who also did stints at Kohl's, Walmart and May Department Stores.

By Daphne Howland • June 19, 2019

Amazon takes down Spark discovery platform

The retailer will encourage users to save items on #FoundItOnAmazon instead.

By Lisa Rowan • June 18, 2019

Walmart expands wireless experts to 3K stores

To make it easier for customers to upgrade their cellphones, the big-box retailer will add wireless experts to an additional 600 stores.

By Tatiana Walk-Morris • June 18, 2019

Moody's says department store closures to slow significantly

But thanks to the generally poor performance, the service now predicts operating income will decline by 10% in 2019, twice its original forecast.

By Cara Salpini • June 18, 2019

Best Buy launches home fitness products

Currently available online only, the products will be introduced through dedicated fitness spaces in over 100 stores by the end of 2019.

By Kaarin Moore • June 18, 2019

Walmart to lay off nearly 600 finance workers

The retail giant is outsourcing all finance and accounting work to global professional services firm Genpact, the company said.

By Daphne Howland • June 18, 2019

Target registers go down due to 'internal technology issue'

The retailer confirmed that the company did experience technical problems on both Saturday and Sunday, and emphasized that the issues were unrelated.

By Kaarin Moore • Updated June 17, 2019

Spring was cold to specialty retail

Unseasonable weather and looming tariff jumps knocked several companies off their game, but a few only have themselves to blame.

By Daphne Howland • June 17, 2019

May retail sales rebound

The U.S. Commerce Department also revised April's results upward, providing much relief at a time of tariff concerns.

By Daphne Howland • June 17, 2019

Academy Sports + Outdoors parent downgraded after debt buyback

S&P viewed the repurchases as a form of partial default, though getting its debt back at a discount could give the sports retailer some wiggle room. 

By Ben Unglesbee • June 17, 2019

Down the aisle: It's a new day for wedding apparel

One of the most disrupted retail markets today is one that Amazon has hardly touched.

By Daphne Howland • June 17, 2019

As 3rd-party sellers take over, Amazon's own market share loses 10 points

Jeff Bezos' recent disclosure of Marketplace's scale caused eMarketer to revise sales estimates, but the e-commerce giant still has much to gain. 

By Daphne Howland • June 14, 2019

Lord & Taylor chief is out

President Vanessa LeFebvre announced her departure as executives at owner Hudson's Bay Co. said four more of its locations will shutter.

By Daphne Howland • June 14, 2019

How Pier 1, Rite Aid and other distressed retailers stacked up in Q1

We pulled key data from struggling industry players as they try to compete in retail's "survival of the fittest."

By Ben Unglesbee • Updated June 27, 2019

Walmart updates supplier pricing tool to manage tariff costs

The move shows how certain the company's executives are of the need for price hikes, as the system designed to enable them is already in place.

By Morgan Forde • June 13, 2019

Francesca's chairman to step down as shares sink

The apparel retailer also says it will close "at least" 30 stores this year after closing eight in the first quarter.

By Daphne Howland • Updated June 17, 2019

Kohl's shuts down its off-price experiment

The retailer announced its Off/Aisle concept just a couple weeks after Macy's unveiled Backstage — but the two ventures have followed different paths. 

By Ben Unglesbee • June 13, 2019

Lululemon stretches again in Q1 as sales rise 20%

The athleisure company is expanding its men's sales, loyalty program, omnichannel operations and its outlook.

By Daphne Howland • June 13, 2019

Walmart nixes Jet's lead exec role

As the retail giant shifts its online focus to Walmart.com, it plans to transition leadership of the Jet brand under another e-commerce executive.

By Ben Unglesbee • June 13, 2019

Another Destination Maternity CEO out amid sales plunge

The latest leapfrog comes with another report of sales and profit troubles at the apparel retailer.

By Daphne Howland • June 13, 2019