Walgreens pulls the plug on Rite Aid deal

An outright merger has been replaced with a new agreement with Rite Aid where Walgreens Boots Alliance will purchase 2,186 stores, DCs and inventory. 

By Daphne Howland • June 29, 2017

Mall vacancy rate edges up in Q2

The U.S. regional mall vacancy rate rose 0.2% to 8.1% in the second quarter, largely due to nationwide Macy's closures, according to real estate research firm Reis.

By Daphne Howland • June 29, 2017

Staples to be acquired by Sycamore Partners for $6.9B

After its failed merger with Office Depot last year, Staples has agreed to be taken private in the hopes of orchestrating a turnaround. 

By Laura Heller • June 28, 2017

Walmart and Quest team up for lab services

The partnership furthers efforts to broaden healthcare services to increase traffic and boost sales. 

By Daphne Howland • June 28, 2017

Adverse effects of personal care products double in 2016

Consumers are reporting more adverse affects from using beauty and wellness products, encouraging retailers to create safer products.

By Daphne Howland • June 28, 2017

Louis Vuitton reportedly mulling US factory for production

The idea was floated by the brand, owned by luxury conglomerate LVMH, in a meeting with President Donald Trump.

By Daphne Howland • June 28, 2017

Under Armour brings back COO post amid leadership shake-up

Incoming COO Patrik Fisk, most recently CEO of footwear company Aldo, will be charged with executing the athletic retailer's long-term growth plan during a period of muted progress.

By Daphne Howland • June 28, 2017

Nike unveils NYC headquarters

The new effort is part of the company's recently announced Consumer Direct Offense initiative focusing on major cities worldwide to forge deeper ties with urban consumers.

By Daphne Howland • June 27, 2017

More layoffs. More store closures. What's the endgame for Sears?

The once-dominant retailer is set to close around 270 stores and lay off more than 500 corporate staff this year — cuts that help the bottom line but don't convince analysts that Sears has a bright — or any — future.

By Ben Unglesbee • June 27, 2017

Kohl's taps Supervalu exec as CFO

Bruce Besanko will join the department store retailer as it buys much-needed time to address its weaknesses.

By Daphne Howland • June 27, 2017

Cultures clash in the aftermath of Walmart's e-commerce acquisitions

Jet employees are grappling with culture changes that include prohibitions on drinking and even cursing.

By Daphne Howland • June 27, 2017

Report: Alibaba may buy or invest in Yoox Net-a-Porter

Shares in the Italian online fashion retailer soared Monday as rumors swirled that the Chinese e-commerce giant is interested in a takeover.

By Daphne Howland • June 27, 2017

E-commerce startup ThredUP launches 'smart' brick-and-mortar store

The secondhand seller is using consumer data to personalize the shopping experience at its first store.

By Corinne Ruff, Dan O'Shea • June 26, 2017

Dollar General taps new chief merchandising officer

Jason Reiser, most recently of Vitamin Shoppe and a former executive at Family Dollar, has more than 30 years of experience in retail management.

By Daphne Howland • June 26, 2017

Walmart reportedly not interested in buying Whole Foods

J.P. Morgan analysts said Walmart is more likely than Korger, Costco or Target to challenge to Amazon's Whole Foods bid, but apparently the retail giant doesn't want the high-end grocer.

By Daphne Howland • June 26, 2017

Bed Bath & Beyond mulls store closures

Some 80 to 100 stores could close in coming years as leases open up, but the home goods retailer is hesitant to act based on the profitability of its stores.

By Daphne Howland • June 26, 2017

Report: Eddie Bauer looking for a buyer

The outdoor gear retailer has spent most of the 21st century burdened with debt, surviving two trips to bankruptcy court, and is now searching for a suitor.

By Daphne Howland • June 26, 2017

Walmart shuts down price-matching in Minnesota stores

The brick-and-mortar giant has shifted to emphasize “always low prices” and incentives for online shoppers to pick up in stores.

By Daphne Howland • June 23, 2017

Staples reportedly close to takeover by Sycamore

The office supplies retailer has reportedly been in talks with private equity firms for months, in hopes of forging a turnaround as a private company after its failed merger with Office Depot.

By Daphne Howland • June 23, 2017

J.P. Morgan: Walmart could challenge Amazon in Whole Foods play

Analysts say the big-box retailer has the means and the motive and is more likely than Kroger, Costco or Target to get into a bidding war with Amazon.

By Daphne Howland • June 23, 2017

Lawsuit stymies J. Crew debt restructuring plan

Two lenders have taken issue with a plan to delay maturity of some of the apparel retailer's massive debt, in a lawsuit J. Crew called "wholly without merit."

By Daphne Howland • June 23, 2017

Bankrupt Sears Canada to close 60 stores, slash nearly 3K jobs

The retailer won court approval for a restructuring plan that would bring an infusion of cash to a company looking for a way forward.

By Ben Unglesbee • June 23, 2017

Sears Holdings to shutter another 20 stores

The closure of 18 underperforming Sears and two Kmart stores nationwide could signify a boon to rivals Kohl's and J.C. Penney in those areas.

By Daphne Howland • June 23, 2017

China’s JD.com invests $397M in Farfetch

The U.K. luxury marketplace just got a big boost in China and across Asia.

By Dan O'Shea • June 22, 2017

Barnes & Noble beats expectations, falls short on e-commerce efforts

The bookseller's total sales fell by 6.5% over the year, indicating that cost reductions may not be enough to stage a comeback.

By Cara Salpini • June 22, 2017