Sears extends partnership with Amazon as 'transformation continues'

"The reality is, transformation is an ongoing process and we are not done," said CEO Eddie Lampert.

By Laura Heller • May 9, 2018

Nordstrom exec flies to St. Louis to apologize for racial profiling incident

Similar events have thrown retailers like Starbucks into the spotlight in recent weeks while some question whether employee training programs are doing enough to counter racial bias.

By Corinne Ruff • May 9, 2018

Lord & Taylor parent reportedly hires advisers to revive ailing chain

Reuters reports that Hudson's Bay has brought in a consulting firm and investment bank to cut costs, make improvements — or perhaps even sell the business.

By Ben Unglesbee • May 9, 2018

Walmart's Uber and Lyft partnerships end

Uber is pulling back on its delivery service, while a test with Lyft in the Denver market failed to take off.

By Jeff Wells • May 9, 2018

Kohl's benefits from Amazon's in-store presence

The tie-up announced last year alarmed some analysts, but early results suggest it's giving the discount department store exactly what it wanted.

By Daphne Howland • May 9, 2018

Office Depot quarterly profit drops 65%

The office supplies retailer is shifting its core strategy from store sales to business services, the latter of which now accounts for 60% of total sales.

By Daphne Howland • May 9, 2018

Duluth Trading aiming for 100 stores in 5 years

The company has gone from being mostly a catalog retailer to 34 stores in two years — and expansion plans don't stop there.

By Daphne Howland • May 9, 2018

Camping World acquisitions are building a '360-degree' business

The company remains in expansion mode, announcing five acquisitions this quarter, with more to come.

By Daphne Howland • May 9, 2018

Nike exodus continues as 4 more execs leave

The news of more executive departures, including the director of sports marketing and the company's head of running, overshadows recent efforts to improve the company image.

By Daphne Howland , Cara Salpini • Updated May 9, 2018

CVS snaps up Fred's specialty pharmacy unit for $40M

The news comes just one week after Fred's announced it would pursue a sale of the business.

By Daphne Howland • Updated May 8, 2018

How much upside is left for department stores?

Analysts with Deutsche Bank see the sector as "structurally challenged" and their report sent stocks falling. 

By Ben Unglesbee • May 8, 2018

Amazon reportedly could grab 10% of retail sales by 2020

Telsey analysts see the e-commerce juggernaut as unstoppable, but others are not so sure.

By Daphne Howland • May 8, 2018

Happy Socks to open 30 more stores

The Swedish brand is coming to America with six planned stand-alone locations on both coasts, and according to founder Viktor Tell, "The sky’s the limit."

By Daphne Howland • May 8, 2018

Bloomingdale's deploys employee training tech to reduce safety claims

Employee training is becoming more important than ever in a new retail landscape, but retailers need to see proof of its business impact.

By Dan O'Shea • May 7, 2018

Nike CEO apologizes for 'boys club' culture

But the athletics retailer has a lot more to do to correct its reported "toxic culture" problems, experts say, and other retailers should be taking note.

By Daphne Howland • May 7, 2018

Exiting NAFTA could cost retailers $5.3B per year

Talks about renegotiating the trade deal have been dragging on for months. Scrapping it could lead to tariff increases, reduced consumer spending and job losses, according to a report from A.T. Kearney.

By Corinne Ruff • May 7, 2018

Destination Maternity investor blasts retailer for 21% sales drop

The maternity apparel retailer is headed for a fight over its choice of board members with a group of investors who say the company has been mismanaged. 

By Ben Unglesbee • May 7, 2018

30 minutes with Rent the Runway's CEO

Jennifer Hyman is leading retail into the sharing economy with well-oiled logistics and a truly disruptive model — one where customers are encouraged not to buy anything.

By Corinne Ruff • May 7, 2018

American Apparel to re-open Los Angeles store

The location on Melrose Avenue was once a larger American Apparel store, and, if all goes well, it could be the first of many.

By Daphne Howland • May 7, 2018

Lands' End opens first of several stores this year

The preppy apparel retailer is coming out from under the shadow of its former parent Sears, which is rapidly closing stores that still include many Lands' End locations.

By Daphne Howland • May 7, 2018

Fred's puts pharmacy biz up for sale

The drugstore retailer is also revamping its front-of-the-store assortment and looking to stoke a treasure hunt atmosphere in the aftermath of the failed Walgreens-Rite Aid merger.

By Daphne Howland • May 7, 2018

Nestlé pays $7.15B for rights to sell Starbucks products globally

The deal gives the Swiss company a stronger presence in coffee, a segment growing in popularity as consumers look to healthier beverages and RTD options.

By Christopher Doering • Updated May 7, 2018

Walmart reportedly beats Amazon to Flipkart with $15B bid

Google parent Alphabet may also join in, taking a 75% stake in India's major homegrown e-commerce retailer.

By Daphne Howland • May 4, 2018

Struggling Ascena still has time for turnaround, Moody's says

Analysts with the ratings firm think that the retailer — which runs Ann Taylor and Loft, among others — has enough liquidity and new omnichannel capabilities to compete, at least in the short run. 

By Ben Unglesbee • May 4, 2018

In Parkland aftermath, Dick's is lobbying for gun control

The move follows stricter limits to Dick's firearms sales and strong statements from CEO Edward Stack in the wake of the Florida shooting.

By Daphne Howland • May 4, 2018