Retail defaults in 2018 could outpace last year

High debt, underinvestment, competition, changes in consumer spending and other factors that made 2017 abysmal for some retailers haven't gone away, according to S&P. 

By Ben Unglesbee • March 2, 2018

Victoria's Secret trends miss continues to bedevil L Brands

Store traffic and sales are down at the lingerie brand, leaving an opening for even small players to disrupt a category it once ruled.

By Daphne Howland • March 2, 2018

J.C. Penney cuts 360 jobs as sales miss

The department store retailer is slashing jobs at its corporate and support offices as it posts another loss for the year and fourth quarter sales that disappointed Wall Street. 

By Ben Unglesbee • March 2, 2018

Burberry taps designer Riccardo Tisci to replace Christopher Bailey

The designer is known for blending streetwear and luxury fashion, but can he make the brand more relevant to the luxury consumer? 

By Daphne Howland • March 2, 2018

Office Depot's big bet on BizBox

The retailer is transitioning from a supplier of office supplies to a supporter of small business with a brash 14-store test designed to serve millennial entrepreneurs.

By Laura Heller • March 2, 2018

Gap's Athleta takes the fight to Lululemon with over 20% sales growth

Old Navy remains the company's stalwart and the fulcrum of its growth strategy, but Athleta's sales are soaring.

By Daphne Howland • March 2, 2018

Nordstrom mum on go-private talks as sales swell

The department store will no longer report separate e-commerce and offline sales, thanks to what executives deemed a successful breakdown of channels.

By Daphne Howland • March 2, 2018

Walmart is closing the online grocery price gap with Amazon

A new study from Profitero finds a 1.8% price difference in the key category, further highlighting the fierce battle between the two industry titans.

By Dan Alaimo • March 1, 2018

Best Buy to close nearly 260 stand-alone mobile stores

As the electronics retailer winds down its mobile store fleet, it posted a massive sales rise at mainline stores.

By Daphne Howland • March 1, 2018

Kohl's brings Aldi to some stores as it makes 'sharp leap' in sales

The discount department store has added brands and tightened costs, making for a solid holiday performance. The only question is: Can Kohl's keep it up?

By Ben Unglesbee • March 1, 2018

Stitch Fix adds intimates to subscription box offer

The pure-play e-commerce company is under pressure to elevate lower-priced clothing, and intimates are an excellent place to start, analysts say.

By Daphne Howland • March 1, 2018

How Target is building a digital future

From acquisitions to brand introductions, the retailer is building an online strategy that hinges on stores and is finally paying off, an executive said at the eTail West conference Wednesday.

By Laura Heller • March 1, 2018

Office Depot's B2B push shows favorable signs, but sales stall

The office supplies retailer is revamping its approach to cater to medium and small businesses, CEO Gerry Smith said on Wednesday.

By Daphne Howland • March 1, 2018

Walmart limits gun purchases to 21 and older

The retailer joins Dick's Sporting Goods and Kroger in self imposing gun control after the Florida high school shooting last month.

By Daphne Howland • Feb. 28, 2018

Lowe's sales fall nearly 2%, but it remains in a 'good position'

Even the opportunities from a robust housing market and the generally healthy economy are flowing mostly to Lowe's more successful rival, The Home Depot.

By Daphne Howland • Feb. 28, 2018

Toys R Us' UK unit begins liquidation

The British arm of the toy retailer couldn't find a buyer — and has begun an "orderly" unwinding process, according to the BBC. 

By Ben Unglesbee • Feb. 28, 2018

Walmart's apparel push is just beginning

The company is focused on improving customer experience in apparel online and in stores, two company executives said at the eTail West conference Tuesday. 

By Laura Heller • Feb. 28, 2018

Dick's to curtail gun sales in Field & Stream stores

The retailer, which had already pulled gun sales from Dick's Sporting Goods stores after the elementary school shooting in Sandy Hook, CT, is supporting tougher gun control legislation.

By Daphne Howland • Feb. 28, 2018

Macy's doubles down on stores with 'Growth 50' strategy

With most of its massive footprint reduction behind it, Macy's is now working on fixing up those that are left. 

By Daphne Howland • Feb. 28, 2018

TJX shakes off slowdown with 16% sales spike

The off-price retailer flew past expectations for Q4, posting strong top-line and comparable sales growth, which could put to rest concerns about the company's missteps last year. 

By Ben Unglesbee • Feb. 28, 2018

Walmart unveils new private-label apparel lines

The retail giant is in the midst of a style revamp in apparel and home that is clearly aimed at appealing to younger, more urban consumers. 

By Daphne Howland • Feb. 28, 2018

Amazon’s conversion-friendly AR view lands on Android

Users of the immersive in-app feature on iPhones are more likely to purchase viewed home furnishing items, according to the e-commerce giant.

By Chantal Tode • Feb. 27, 2018

Tech startup launches scalable Amazon Go-like system

AiFi, which uses computer vision to track shoppers and process orders, will unveil a 50,000 square-foot pilot store in partnership with a major grocery retailer later this year.

By Jeff Wells • Feb. 27, 2018

Casper opens first standalone store

The online mattress seller is moving beyond partnerships with physical retailers and opening a store in New York City.

By Daphne Howland • Feb. 27, 2018

Charlotte Russe upgraded after shedding debt

The teen retailer persuaded lenders to eat tens of millions of dollars in debt in exchange for company stock, but it still operates in a tough environment for specialty retail. 

By Ben Unglesbee • Feb. 27, 2018