9 reasons why Prime Day matters — to Amazon and the rest of retail

The event is more than just a big sale — it’s a massively ambitious bid to deepen Amazon’s reach with U.S. shoppers.

By Laura Heller • July 10, 2017

Abercrombie & Fitch halts talks with suitors

American Eagle Outfitters and Express expressed interested in the teen apparel retailer, but it has decided to go it alone in its turnaround.

By Daphne Howland • July 10, 2017

Amazon played hardball with Whole Foods in merger deal

The e-commerce giant raised its initial bid somewhat, but refused Whole Foods' request for $45 per share and asked the organic grocer to refrain from talking to other suitors.

By Daphne Howland • July 10, 2017

Muji to open second hotel

The minimalist retailer, like West Elm, is turning to the hospitality business to expand its horizons and showcase its goods.

By Daphne Howland • July 10, 2017

2nd Time Around shutters, leaves consignors hanging

While second-hand retail is flourishing, the company may have expanded its brick-and-mortar fleet too quickly.

By Daphne Howland • July 10, 2017

Finish Line bets on mobile to boost sales amid store strategy overhaul

The retailer's mobile loyalty app was a bright spot on its most recent quarterly performance, even as it continues to remodel some stores and close others.

By Dan O'Shea • July 9, 2017

Is this the Amazon Century?

The e-commerce giant's dominance is about much more than the Whole Foods takeover, writes Lee Peterson at WD Partners.

By Lee Peterson • July 7, 2017

Sears to close 43 more stores

This time, eight Sears and 35 Kmart "unprofitable" stores will shutter by October, with liquidation sales beginning July 13.

By Daphne Howland • July 7, 2017

L Brands falls on worse-than-expected June sales

The company's exit from swimwear and other apparel at its Victoria’s Secret brand delivered a short-term hit.

By Daphne Howland • July 7, 2017

QVC-HSN merger puts Amazon and Walmart on notice

The deal creates a new retail powerhouse and the third largest e-commerce company after Amazon and Walmart. 

By Daphne Howland • July 7, 2017

Costco shrugs off Amazon worries with June sales surge

Costco shares had retreated on the news of Amazon's $13.7 billion Whole Foods acquisition, but many analysts say the membership retailer is different — and will survive.

By Daphne Howland • July 6, 2017

10 major retailers that could go bankrupt in 2017

Massive debt, declining sales, shrinking customer base, cutthroat competition — it's a toxic recipe for retailers that has spelled doom for many and could send more household names into bankruptcy this year.

By Ben Unglesbee • July 6, 2017

Cabela's-Bass Pro merger gets FTC blessing

Now the deal must get the approval of Cabela's shareholders.

By Daphne Howland • July 6, 2017

QVC gobbles up rival HSN in $2.1B deal

The merger will create a powerhouse in the digital retail realm, including online and TV channels, and provide a host of benefits from the combined companies new scale.

By Daphne Howland • July 6, 2017

Best Buy poised to dethrone Sears in appliance sales

As in so many other sectors, Sears is falling out of competition in the appliances market, but is eyeing a new way to boost sales.

By Dan O'Shea • July 5, 2017

Report: Snapdeal balked at Flipkart’s lowball bid

The rejected bid was between $850 million and $900 million, which is well below a widely reported estimated value of $1 billion.

By Dan O'Shea • July 5, 2017

Target debuts new brands to cement 'Tar-zhay' image

The retailer is rolling out 12 new brands that aim to emulate its “cheap chic” reputation and invoke an emotional connection with consumers.  

By Corinne Ruff • July 5, 2017

RadioShack creditors sue Sprint over co-branding partnership

The lawsuit alleges Sprint used trade secrets from RadioShack to open competing wireless stores, ultimately leading to nearly 6,000 lost jobs at the now bankrupt retailer.

By Ben Unglesbee • July 5, 2017

True Religion files for bankruptcy protection

The U.S. denim maker, which has had trouble keeping up with changing consumer tastes, has plans to reduce its mounting debt and bolster its digital business.

By Daphne Howland • July 5, 2017

Report: Food aid cuts could cost retailers $70B

The Trump administration's proposed $191 billion SNAP reduction over the next 10 years would cost retailers some $70.7 billion, according to a new report.

By Daphne Howland • July 5, 2017

Walmart Open Call event grants entrepreneurs shelf space

The big-box retailer made deals with some 100 entrepreneurs, allowing their products to be sold by Walmart, as it continues to broaden its product lineup.

By Dan O'Shea • July 4, 2017

Camping World scales back store plans for Gander Mountain

From the get-go, CEO Mark Lemonis made it clear that only stores with good prospects would survive, and now only 57 stores are slated to re-open.

By Daphne Howland • June 30, 2017

Staples acquirer reportedly plans to split the retailer up

Private equity firm Sycamore Partners plans to split the office supplies retailer into three separately financed units to help win financing for the deal. 

By Ben Unglesbee • June 30, 2017

Nike steps ahead in Q4 with consumer connection strategy

The sports gear maker on Thursday also confirmed it will sell a limited assortment through Amazon.

By Daphne Howland • June 30, 2017

Pier 1 tumbles on sales miss

But the furniture and home goods retailer narrowed its losses on cost controls and held the line on discounts.

By Daphne Howland • June 30, 2017