Simon Property plots growth, considers a sale

With an over-abundance of brick-and-mortar stores and malls in the U.S., CEO David Simon said the company is mulling a "sale potentially by year-end or early next year."

By Daphne Howland • Oct. 29, 2017

J.C. Penney expects heavier Q3 loss as it recasts women's apparel

Wall Street pummeled the department store retailer as it moved to liquidate inventory and speed up its turnaround strategy in apparel.

By Ben Unglesbee • Oct. 27, 2017

Walgreens to shutter 600 Rite Aid stores

The retailer said optimizing its purchase of nearly 2,000 Rite Aid stores, a scaled back version of its original merger plans, will entail a number of closures over the next 18 months.

By Daphne Howland • Oct. 27, 2017

CVS reportedly in talks to buy Aetna

The companies are mulling a $66 billion deal as CVS looks to bolster itself in preparation for Amazon's potential entry into the space, The Wall Street Journal reports.

By Shannon Muchmore • Oct. 27, 2017

Home improvement sector weatherized for the retail storm

The segment will outpace wider retail for the next year or so, although the housing boom that's fueling it could turn into a drag if housing prices rise too much, according to Moody's Investors Service.

By Daphne Howland • Oct. 27, 2017

Amazon reportedly snaps up wholesale pharmacy licenses

The e-commerce giant has received regulatory approval from 12 states, and analysts have said it's only a matter of time before it dives into the market.

By Daphne Howland • Oct. 27, 2017

Amazon's sales — and costs — are going up

More than ever, Amazon’s report is a picture of burgeoning sales, with heavy investments hitting profits. But most analysts continue to see its potential.

By Daphne Howland • Oct. 26, 2017

Amazon Fashion signs up Drew Barrymore's 'Dear Drew' collection

The new line from the actress follows a prior collaboration with Walmart, which debuted Barrymore's Flower cosmetics brand.

By Daphne Howland • Oct. 26, 2017

Nike delays $50B revenue target

The company will achieve this goal in the next five years as it hones a long-term growth strategy announced this summer, CEO Mark Parker told CNBC.

By Daphne Howland • Oct. 26, 2017

Toys R Us reports full supplier backing

An attorney for the toy retailer said in court that almost all of its top suppliers are shipping on normal terms again.

By Ben Unglesbee • Oct. 26, 2017

American Eagle's NYC concept lets students do laundry while shopping

The new store also includes amenities like a "jeans gallery," as well as a bar and lounge with a view of Union Square.

By Daphne Howland • Oct. 26, 2017

This $525M shopping center could be the last enclosed mall built

Located about 50 miles north of New York City, the mall represents an endangered concept as shopping preferences shift. 

By Laurie Cowin • Oct. 26, 2017

Nordstrom Rack opens second Manhattan store

The latest addition to the department store retailer's off-price fleet is larger and sports new technology such as visual search, designed to create a better omnichannel experience. 

By Lara Ewen • Oct. 26, 2017

Target unveils AR mobile feature for furniture shopping

The "See It In Your Space" capability works with the retailer's Project 62 furniture line, part of its renewed commitment to differentiated merchandising.

By Daphne Howland • Oct. 25, 2017

Amazon unlocks in-home delivery with ‘Amazon Key’

Just ahead of the holidays, Prime members in 37 cities will be able to give remote access to their homes for services and package delivery if they buy the company's latest device.

By Corinne Ruff • Oct. 25, 2017

Walgreens sales remain 'anemic' despite Rite Aid takeover

The acquisition of nearly 2,000 Rite Aid stores will contribute growth next year, but that won't help Walgreens improve its stores.

By Daphne Howland • Oct. 25, 2017

Amazon launches Prime for business customers

Amazon's swift expansion of its B2B business is exactly what Staples and Office Depot described to a skeptical Federal Trade Commission last year as their merger plans faltered.

By Daphne Howland • Oct. 25, 2017

Lowe's to sell Craftsman tools

The move by the home improvement retailer represents further erosion of a historic Sears strength, as well as an advantage over rival Home Depot.

By Daphne Howland • Oct. 25, 2017

Walmart reorganizes Home with a group president and new top exec for Hayneedle

Walmart is strengthening the home category with new leadership across all digital properties while one of those units, Hayneedle, gains an exec with a millennial-focused brand history.

By Dan O'Shea • Oct. 24, 2017

Lord & Taylor could be the anchor to Walmart's web mall

A partnership with the upscale department store could allow the big-box retailer to tap into a wealthier market, but it also stands to dilute the brand.

By Corinne Ruff • Oct. 24, 2017

Sears to stop selling Whirlpool appliances

The manufacturer "has sought to use its dominant position in the marketplace to make demands" that put Sears at a pricing disadvantage, the retailer said in a note to employees.

By Ben Unglesbee • Oct. 24, 2017

Bed Bath & Beyond adds $29 annual membership Beyond+

The membership experiment was first floated as a way to ease margins hit by its popular blue-and-white coupons.

By Daphne Howland • Oct. 24, 2017

Hudson's Bay to sell Lord & Taylor Fifth Avenue store

The $850 million deal makes way for WeWork to build a New York headquarters, while leaving just enough room for a diminished Lord & Taylor store.

By Ben Unglesbee • Oct. 24, 2017

Target unveils mobile pay in time for the holidays

This season the mass merchant is betting that its new private label lines will balance the margin hit from its consumer goods price cuts.

By Daphne Howland • Oct. 24, 2017

Amazon HQ2 grabs 238 bids

Following the announcement, cities scrambled to pull together incentive packages and tout their advantages as a second base, though not everyone was enamored by the opportunity.

By Daphne Howland • Oct. 24, 2017