Wal-Mart lays off 200 Silicon Valley e-commerce employees

The retail giant’s digital team shakeup continues in the wake of last year’s $3.3 billion acquisition of Jet.

By Daphne Howland • Jan. 25, 2017

Gap's Banana Republic president to step down in February

Andi Owen has been with Gap Inc. for a quarter century, but the company may want to jolt its underperforming brand with a leadership shakeup.

By Daphne Howland • Jan. 25, 2017

Hedge fund suing American Apparel lenders

Standard General alleges the retailer’s lenders loaded it up with debt ahead of its second bankruptcy and suggested a turnaround was not their priority.

By Daphne Howland • Jan. 24, 2017

Sephora lands exclusive with rising beauty brand Skin Laundry

Skin Laundry specializes in a laser and light skin therapy services, as well as related beauty products for use at home.

By Dan O'Shea • Jan. 24, 2017

Trump vows 'very major' border tax if manufacturing moves abroad

The president called on executives including Under Armour CEO Kevin Plank to devise a plan to increase U.S. manufacturing.

By Corinne Ruff • Jan. 24, 2017

Alibaba Q3 revenue surges thanks to record-shattering Singles Day

The Chinese e-commerce giant remains a “solid, and highly disruptive, retailer,” according to retail research agency and consulting firm Conlumino.

By Daphne Howland • Jan. 24, 2017

Wal-Mart, CarSaver team up to sell cars at Supercenters

After a successful pilot in Florida, the retailer and online auto sales company will begin selling cars in Houston, Dallas, Phoenix and Oklahoma City.

By Daphne Howland • Jan. 24, 2017

Ascena plus-size segment CEO Heasley abruptly exits

Linda Heasley was promoted in October 2016, adding leadership of the Catherine’s chain to her duties as Lane Bryant CEO.

By Daphne Howland • Jan. 24, 2017

Warby Parker to open at least 25 physical stores in 2017

The once pure-play retailer reportedly logs sales of some $3,000 per square foot.

By Daphne Howland • Jan. 24, 2017

How Wet Seal washed up on the rocks

The struggling SoCal teen apparel retailer is on the brink of its second Chapter 11 bankruptcy in about two years — and experts say that this time, it isn't coming back from the dead.

By Daphne Howland • Jan. 24, 2017

Report: Retailers must reduce US brick-and-mortar footprint by 1B square feet

At the beginning of the last decade, U.S. retailers enjoyed sales of more than $350 per square foot. Those same retailers now generate sales of less than $330 per square foot. 

By Daphne Howland • Jan. 24, 2017

Lowe's names Wong CMO in latest organizational change

This move comes just a few days after the home improvement retailer announced the elimination of 2,400 jobs and the promotion of longtime employee Marshall Croom to CFO.

By Dan O'Shea • Jan. 23, 2017

Wal-Mart cuts 1,000 HQ jobs, supply chain in crosshairs

The layoffs come amid other belt-tightening and executive shuffling initiatives in the service of bringing together the retailer's stores and online leadership roles as well as expanding its e-commerce operations.

By Daphne Howland • Jan. 23, 2017

How retailers can steer clear of ADA lawsuits

Core retail technologies can present accessibility problems for shoppers who are blind or visually impaired. But merchants can reduce the risk of legal action.

By Sue J. Stott, Amanda J. Beane and Jill L. Ripke • Jan. 23, 2017

Coach, Michael Kors reportedly eye Kate Spade ahead of auction

Sources told Bloomberg that six companies are interested in bidding on the handbag retailer, which is preparing for a formal auction this month.

By Daphne Howland • Jan. 23, 2017

Amazon revamps HR strategies to aid underperforming employees

The new Pivot program assigns struggling Amazon staffers to so-called Career Ambassadors who offer guidance and support.

By Daphne Howland • Jan. 23, 2017

Best Buy CEO Hubert Joly assures investors he's staying put

A rumor that the French native was being wooed by French retail giant Carrefour sent shares down Friday, but they recovered when he issued a statement disputing the claims.

By Daphne Howland • Jan. 23, 2017

Report: FTC wary of Walgreens-Rite Aid merger as deadline looms

Antitrust officials are worried the drugstore retailers’ plan to offload stores to ease competitive concerns doesn’t go far enough. 

By Daphne Howland • Jan. 23, 2017

Birchbox to open second physical store in Paris

The subscription beauty retailer in 2014 opened its first full-line physical store in New York City’s Soho neighborhood, and shoppers there have a 3x higher lifetime value with the brand.

By Daphne Howland • Jan. 20, 2017

Report: Macy's store closures a windfall for off-price retail

Burlington Coat Factory will benefit the most, and off-price retail overall will seize 40% of the $575 million in revenue that Macy's is leaving on the table.

By Daphne Howland • Jan. 20, 2017

Costco to pay $11.75M for improper sales of opioids

The U.S. Justice Department and its Drug Enforcement Administration blame violations at Costco pharmacies for prescription drugs reaching the black market.

By Daphne Howland • Jan. 20, 2017

EEOC sues Wal-Mart for discrimination under disabilities act

The regulatory agency alleges Wal-Mart's firing of a longtime employee with Down Syndrome runs afoul of the Americans with Disabilities Act and the Civil Rights Act.

By Daphne Howland • Jan. 20, 2017

Flirtey lands $16M in new funding to feed drone delivery ambitions

The startup has already demonstrated its delivery capabilities in partnership with 7-Eleven, but it now faces more competition in the space.

By Dan O'Shea • Jan. 19, 2017

Target names new CMO, kicks off Major League Soccer partnership

Rick Gomez replaces Jeff Jones, who left the retailer in August to join ride-sharing startup Uber.

By Dan O'Shea • Jan. 19, 2017

Fashion house BCBG closing stores, restructuring

The fashion company will refocus operations to in-store boutiques while increasing its online presence and licensing initiatives.

By Daphne Howland • Jan. 19, 2017