Nike loses second executive in two days

Greg Thompson, Nike's vice president of footwear, is the latest exec to walk out the door, preceded by Antoine Andrews, Trevor Edwards and Jayme Martin.

By Cara Salpini • Updated April 19, 2018

Toys R Us reportedly rejects toy maker's bid to save 200 US stores

Isaac Larian's $890 million bid to acquire the toy retailer's Canadian business as well as some domestic stores fell short at a Tuesday auction, according to the Wall Street Journal. 

By Ben Unglesbee • April 18, 2018

Best Buy, Amazon team up to sell smart Fire TVs

This is the second major partnership between the rivals, despite Amazon's incursion onto Best Buy's turf.

By Daphne Howland • April 18, 2018

Big Lots seeks new CEO

The discount retailer is in the midst of a brand pivot, as CEO David Campisi officially steps down after five years to focus on his health and on serving his community.

By Daphne Howland • April 18, 2018

Supreme Court appears hesitant to overturn 'antiquated' sales tax precedent

During oral arguments in South Dakota v. Wayfair, some justices suggested Congress may be better equipped to tackle the issue. But states and companies are looking for a firm decision.

By Corinne Ruff • April 18, 2018

Meijer expands 'Shop & Scan' mobile checkout app

The grocery chain lets shoppers scan bar codes with a smartphone as they shop to cut down on checkout times.

By Robert Williams • April 17, 2018

Bon-Ton reportedly set to liquidate at auction

A group including two mall developers did not bid at an auction for the bankrupt department store retailer's assets, which has set the stage for liquidators to wind down Bon-Ton's business, Reuters reports.

By Ben Unglesbee • April 17, 2018

Amazon reportedly drops plan to distribute pharmaceuticals to hospitals

The report is not entirely unexpected. Amazon in December canceled its pharmaceutical wholesaler application in Maine and told state regulators it did not intend to sell drugs.

By David Lim • April 17, 2018

CVS taps longtime exec as retail chief

The pharmacy retailer announced the appointment of Kevin Hourican to replace Helena Foulkes the same day Amazon was said to be drastically scaling back its own pharmacy ambitions.

By Daphne Howland • April 17, 2018

Retailer spending for IT, cloud on the rise

A Retail Systems Research report finds that 72% of retailers plan on increasing their IT-related spending over the next three years.

By Dan O'Shea • April 16, 2018

Commerce Dept: March retail sales rise 0.6%

An early Easter helped retailers overcome lousy weather in some areas, but that means April could get hit, especially with tax refunds down.

By Daphne Howland • April 16, 2018

MGA CEO makes $675M bid to save 200 US Toys R Us stores

Isaac Larian submitted a bid that would salvage 200 stores in the U.S. as well as the retailer's Canadian stores. 

By Ben Unglesbee • April 16, 2018

Puma boasts solid first quarter as independent brand

In January, French luxury conglomerate Kering divested itself of the athletic shoe and apparel brand, but Puma continues to connect well with shoppers through streetwear styles.

By Daphne Howland • April 16, 2018

Camping World is still in acquisition mode

The RV company, which snapped up Gander Mountain last year, just bought Cullum & Maxey Camping Center and has plans to expand to more markets.

By Daphne Howland • April 16, 2018

Gap exits Weddington Way bridal business

Gap Inc. bought the brand in 2016 and opened the first stand-alone store in the Boston area earlier this year.

By Daphne Howland • April 16, 2018

Ronald Boire named Art Van Furniture CEO

The retail veteran is the former CEO of Barnes & Noble, which he exited in 2016 after less than a year there.

By Daphne Howland • April 13, 2018

Sneaker brand Greats opening SoHo store

The shoe brand, riding a wave of streetwear demand by consumers, is just the latest with a cult following to expand into brick and mortar.

By Daphne Howland • April 13, 2018

Walmart heats up Florida, Texas grocery wars with $477M expansion plan

The retailer will revamp 82 existing locations and open 14 new ones across the Sunshine and Lone Star states, and expand online grocery pickup with Mobile Express Scan & Go and Walmart Pickup Towers.

By Emma Liem Beckett • April 13, 2018

Marking the end of an era, Sears shutters last Chicago store

The department store's ties to the windy city were loosened when its famous skyscraper was renamed in 2009 and again when its flagship shuttered in 2014. The closing of its last Chicago store is a symbolic ending.

By Daphne Howland • April 13, 2018

Sears putting more than a dozen stores on online auction block

The retailer plans to lease back the 16 properties from buyers, as part of the company's never-ending strategy to bring in cash from real estate and other assets. 

By Ben Unglesbee • April 12, 2018

Rite Aid sees sunnier times ahead

Sales slowed in the fourth quarter but new parents, Albertsons and Walgreens, will help right the ship in coming months, executives said on Thursday.

By Daphne Howland • April 12, 2018

Retail CEOs meet with White House on tax and regulatory overhauls

While tariffs were apparently not discussed at the meeting, orchestrated by the NRF, the trade group's CEO last week decried Trump's escalating tariffs on Chinese products as a trade war.

By Corinne Ruff • April 12, 2018

Bed, Bath & Beyond plunges on falling sales

CEO Steven Temares told analysts the retailer is working to differentiate merchandise and position stores with "treasure hunt" potential, but locations may need more.

By Daphne Howland • April 12, 2018

A trade war could hurt retail, jobs and opportunity

The looming trade war between the U.S. and China would hurt small business, writes Jack Ma, executive chairman of Alibaba. 

By Jack Ma • April 12, 2018

Toys R Us poised to sell Asia, Central Europe operations

The bankrupt company is also seeing better-than-expected proceeds from the wind-downs of its European and American businesses, attorneys said in court.

By Daphne Howland • April 12, 2018