Costco co-founder bids farewell

With Jim Sinegal's departure and the recent unexpected death of co-founder Jeff Brotman, the company is now being run by executives unconnected to its roots.

By Daphne Howland • Feb. 1, 2018

Alibaba takes stake in Ant Financial as revenue surges 56%

CEO Daniel Zhang deemed it "another great quarter" driven by the continued strength of the Chinese consumer and the wide reach the company is achieving.

By Daphne Howland • Feb. 1, 2018

Boxed rejects Kroger bid, looks elsewhere for offer

The competition to acquire the e-commerce wholesaler has intensified, and Amazon, Walmart and Target may all be potential buyers.

By Dan Alaimo • Feb. 1, 2018

H&M scales back store openings, unveils Afound brand

CEO Karl-Johan Persson said the company must move more quickly to follow its customers online.

By Daphne Howland • Feb. 1, 2018

Sears cuts 220 corporate jobs

The retail company continues to rely on cost cutting and financial maneuvers to stay afloat.

By Daphne Howland • Feb. 1, 2018

Revlon CEO exiting after less than two years

Board member Paul Meister will oversee day-to-day operations in the interim, and the daughter of longtime board chairman Ron Perelman, Debra, is taking the COO spot.

By Daphne Howland • Jan. 31, 2018

Is Amazon dipping into higher ed?

Candace Thille, an expert in the science of learning from Stanford University, has been hired by the retailer to train workers and potentially more. 

By Shalina Chatlani • Jan. 31, 2018

Stein Mart exploring 'strategic alternatives'

The century-old retailer is beloved by many, but it's facing an uphill climb in a tough retail environment.

By Daphne Howland • Jan. 31, 2018

Warby Parker tries kids glasses on for size

The eyewear startup is offering miniature styles for a limited time and only at its New York City locations.

By Daphne Howland • Jan. 31, 2018

Out of the ashes: 8 brands that found life after retail death

Retail brands bought out of bankruptcy can have a second life as an e-tailer or a product label. But will the afterlife of these retailers last forever?

By Ben Unglesbee • Jan. 30, 2018

Payless cutting corporate jobs to 'realign' around stores

The move is part of ongoing efforts to modernize the retailer's approach and focus on its core customer base, leaving bankruptcy behind. 

By Daphne Howland • Jan. 30, 2018

Mattress Firm taps new CEO

Steve Stagner again takes the title, replacing Ken Murphy, as the retailer tries to compete with direct-to-consumer startups.

By Daphne Howland • Jan. 30, 2018

Amazon and Berkshire Hathaway partner to take on healthcare

The companies, along with JPMorgan Chase, plan to provide their U.S. employees with "simplified, high-quality and transparent healthcare at a reasonable cost."

By Daphne Howland • Jan. 30, 2018

4 public policy priorities for 2018

Ahead of the President's State of the Union address, the Retail Industry Leaders Association outlined the biggest public policy issues facing retailers this year.

By Corinne Ruff • Jan. 30, 2018

Ascena taps new Dressbarn chief amid ongoing struggles

Erin Stern, previously chief merchandising officer for Maurices, will take over the role, looking to repair the damage of "fashion missteps that we cannot afford."

By Daphne Howland • Jan. 30, 2018

Zara launches pop-up dedicated to digital sales

The temporary store at Westfield Stratford in London features technology like RFID, mirrors that recommend products and mobile devices to speed ordering and returns.

By Daphne Howland • Jan. 29, 2018

Asos speeds past fast-fashion rivals

The company's differentiation in digital sales makes its goal of nearly doubling sales "a realistic ambition," according to WGSN analysts.

By Daphne Howland • Jan. 29, 2018

Staples replaces Shira Goodman with Coca-Cola exec

J. Alexander "Sandy" Douglas steps into the top spot as private equity owner Sycamore Partners prepares for a new era.

By Daphne Howland • Jan. 29, 2018

Ikea founder dies at 91

The company continues to build on Ingvar Kamprad's entrepreneurial spirit and is even considering a furniture rental program to reduce waste. 

By Daphne Howland • Jan. 29, 2018

Reports: Kroger in partnership talks with Alibaba

This could give Kroger much needed access to emerging technology — a powerful weapon against Amazon. 

By Jeff Wells • Jan. 26, 2018

Toys R Us won't release holiday sales results

The bankrupt toy chain is breaking more than a decade of tradition, declining to release sales numbers amid what CEO David Brandon called "operational missteps." 

By Daphne Howland • Jan. 26, 2018

500 Walmart job cuts have already begun

The retailer will shrink its corporate ranks by 1,000 overall across departments, according to reports.

By Daphne Howland • Jan. 26, 2018

Will Kohl's stores sprout new life with grocery?

Industry experts agree that larger stores need to slim down and boost foot traffic, but many are skeptical that adding grocery is a logical choice.

By Corinne Ruff • Jan. 25, 2018

Mergers and acquisitions soar 109% over 2016

Last year set records for deals in the industry, raking in a collective deal value of $311.6 billion.

By Corinne Ruff • Jan. 25, 2018

Nine West reportedly close to bankruptcy filing

The brand is working to sell off some intellectual property in time for a March 15 loan payment, but remains prepared to file for Chapter 11 protection, sources told Bloomberg.

By Daphne Howland • Jan. 25, 2018