Department store guru says discounts are like 'a cancer'

Allen Questrom, who has led department stores like J.C. Penney and Macy’s, says retailers are relying too heavily on promotions and not enough on merchandising, presentation and customer service.

By Daphne Howland • Nov. 30, 2016

TJX to maintain FLSA overtime rule standards, despite injunction

The NRF hailed the court block last week, but TJX says it’s sticking with the original plan, which was to go into effect Dec. 1.

By Daphne Howland • Nov. 30, 2016

Tiffany surprises with first sales increase in two years

But the upscale retailer has more to do to combat headwinds including the strong dollar, increased competition and even its proximity to Trump Tower in New York.

By Daphne Howland • Nov. 29, 2016

HSN, Inc. names Elizabeth Arden exec CFO

Rod Little will succeed Judy Schmeling, who was named president of Cornerstone Brands in August and will continue to serve as COO of HSNi.

By Daphne Howland • Nov. 29, 2016

Dick's Sporting Goods' latest software acquisition is a GameChanger

The mobile scoring app gives users live updates on player performance and instant game recaps for 165,000 amateur baseball and softball teams.

By Dan O'Shea • Nov. 28, 2016

Bed Bath & Beyond snaps up PersonalizationMall for $190M

The struggling home goods retailer is working to differentiate its assortment to get away from competing so heavily on price.

By Daphne Howland • Nov. 28, 2016

Urban Outfitters brands struggling to catch up to fashion trends

The retailer is playing catch-up as slimmer European styles invade the U.S., but it benefitted from its new pizza chain.

By Daphne Howland • Nov. 23, 2016

NRF, RILA praise federal court block of FLSA overtime rule

A federal judge granted a preliminary injunction in a lawsuit filed by 21 states and a variety of employer groups, including the National Retail Federation.

By Kathryn Moody, Corinne Ruff • Nov. 23, 2016

Barnes & Noble sales hit by election jitters

The embattled bookseller also named former Staples North America president Demos Parneros as its new COO.

By Daphne Howland • Nov. 23, 2016

Nordstrom to continue selling Ivanka Trump merchandise

The department store retailer aims to remain politically “agnostic,” according to an email to employees from co-president Pete Nordstrom.

By Daphne Howland • Nov. 23, 2016

A retailer's guide to Black Friday 2016

The biggest shopping weekend of the year has arrived. Here are the trends to watch, the Twitter accounts to follow and much more.

By Jason Ankeny • Nov. 23, 2016

Report: Target, Wal-Mart among retailers selling aloe vera gel without aloe vera

An independent investigation by Bloomberg found that products sold by several retailers don't contain the ingredients promised, in which case retailers could risk losing the trust of their customers.

By Daphne Howland • Nov. 23, 2016

Office Depot's North American president Cosby stepping down

At the same time the office supplies retailer announced CEO Roland Smith's imminent retirement, it said it would consolidate the CEO and president positions, anticipating Cosby’s departure.

By Daphne Howland • Nov. 22, 2016

Cowen: Amazon Prime hits 50M US members

The financial services firm also found that 83% of Prime members made a purchase from Amazon last month, compared to 49% of non-members.

By Daphne Howland • Nov. 22, 2016

Under Armour plummets after latest Steph Curry shoe sputters

Investors panicked after Foot Locker CEO Richard Johnson said the Curry 3 is off to a slow start.

By Daphne Howland • Nov. 21, 2016

Report: The Limited explores restructure, sale

The women’s apparel retailer is struggling amid declining mall traffic and a lack of differentiation in its styles.

By Daphne Howland • Nov. 21, 2016

Abercrombie weighing store closures as turnaround stalls

About half of the teen apparel retailer’s 745 flagship leases in the U.S. are up for renewal, but CFO Joanne Crevoiserat told analysts it's being careful about shuttering stores.

By Daphne Howland • Nov. 21, 2016

Google Shops set to roll out in Best Buy Canada locations

The stores-within-stores are designed to showcase consumer electronics like the Google Pixel smartphone and also intended to foster a community feeling.

By Dan O'Shea • Nov. 20, 2016

Abercrombie warns of challenging holiday season

The retailer reported its 15th straight decline in quarterly sales, causing shares to tumble 15.5% in premarket trading Friday. 

By Daphne Howland • Nov. 18, 2016

Gap continues slide, bleak holiday expected

“This is a company in a tailspin, with no real clue how to pull out of it,” said retail analyst Neil Saunders.

By Daphne Howland • Nov. 18, 2016

Staples struggles on same-store sales, unloads UK business

The office supplies retailer also closed 16 North American stores during the third quarter as part of a plan to close at least 50 locations this year.

By Daphne Howland • Nov. 18, 2016

Struggling J. Crew reportedly mulls spinoff of successful Madewell brand

The proposition could culminate in a sale and deprive the company and its lenders of the source of its best growth.

By Daphne Howland • Nov. 17, 2016

Best Buy soars on store traffic gains, e-commerce growth

The electronics retailer has pivoted from its emphasis on cost-cutting, but product recalls and a dearth of inventory of in-demand products could hurt at the holidays.

By Daphne Howland • Nov. 17, 2016

Wal-Mart revenue fizzles as e-commerce, wage costs rise

But the retail giant’s 20.6% growth in online sales has analysts sanguine about its long-term prospects.

By Daphne Howland • Nov. 17, 2016

Neiman Marcus, Rent the Runway pair up in stores

The struggling department store chain is opening its doors to haute couture rental boutiques in an effort to attract new customers, including younger ones.

By Daphne Howland • Nov. 17, 2016