Walgreens may close up to 1,000 stores to seal Rite Aid deal

Walgreens previously said it expected to shutter just 500 locations to assuage the Federal Trade Commission’s antirust concerns.

By Daphne Howland • Sept. 9, 2016

Macy's adding Apple store-in-store, expanding Starbucks concessions

The embattled department store retailer also opened the possibility of adding restaurants offering beer and wine in some locations.

By Daphne Howland • Sept. 9, 2016

Kohl's adds American Girl dolls ahead of the holidays

The popular doll brand is venturing into outside retailer stores for the first time, selling at Kohl's and Toys R Us.

By Daphne Howland • Sept. 9, 2016

Restoration Hardware beats expectations, but same-store sales dip

The upscale furniture retailer's fledgling RH Grey Card premium loyalty program has yet to pay off.

By Daphne Howland • Sept. 9, 2016

MasterCard sued for record $19B in UK over swipe fees

The class action lawsuit is based on allegations that MasterCard charged retailers excessive interchange fees which were then passed on to customers in the form of higher prices.

By Dan O'Shea • Sept. 8, 2016

Barnes & Noble skids on sales slip

The retailer said a “challenging retail environment” will dampen full-year results.

By Daphne Howland • Sept. 8, 2016

Pier 1 CEO stepping down after holiday season

Alex Smith boosted the home furnishings and decor retailer's e-commerce business, but his turnaround efforts have given way to continued sales struggles.

By Daphne Howland • Sept. 8, 2016

Target dedicating store staff to address grocery struggles

Designated employees will work exclusively in grocery sections and receive special training to deal with packaged and fresh food.

By Daphne Howland • Sept. 8, 2016

Hundreds of retailers urge Congress to preserve swipe fee regulations

The so-called “Durbin Amendment” to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act limits the fees that credit card companies can charge for transactions through retailer point-of-sale systems.

By Daphne Howland • Sept. 7, 2016

Officials: Gap warehouse fire 'incendiary in nature'

The retailer's Fishkill distribution complex, which represents 10% of its nationwide warehouse capacity, was intentionally set on fire on Aug. 29.

By Daphne Howland • Sept. 7, 2016

Hudson's Bay sales rise 60% on European expansion, Gilt acquisition

The Saks Fifth Avenue parent nevertheless said that fiscal year 2016 sales would "trend towards the bottom end" of its previously estimated range.

By Daphne Howland • Sept. 7, 2016

Reorganized Pacific Sunwear exits bankruptcy on firmer ground

Private equity firm Golden Gate Capital will own the teen apparel retailer and help guide its turnaround.

By Daphne Howland • Sept. 7, 2016

Amazon exempting existing sellers from new brand gating fees

Charges implemented to curb sales of counterfeits on Amazon Marketplace apply only to new sellers of certain brands, the e-commerce giant said.

By Daphne Howland • Sept. 6, 2016

Report: Amazon lands one of eBay's top AI execs

Hassan Sawaf set up eBay's cognitive computing group and led its efforts to enable context translations for shoppers searching in foreign languages.

By Dan O'Shea • Sept. 5, 2016

Report: US job growth slows in August, retail holds steady

Wage gains slipped in August, but are outpacing inflation, which could benefit retail sales.

By Daphne Howland • Sept. 2, 2016

Aeropostale back from the brink after $243M consortium bid wins auction

Landlords, liquidators and a licensing company combined to beat back a bid from PE firm Sycamore Partners, whose liquidation plans would have doomed the teen apparel retailer to the scrap heap of history.

By Daphne Howland • Sept. 2, 2016

Lululemon falls on muted outlook, shrinking athleisure demand

The athletic apparel retailer posted strong Q2 revenue and sales, but investors see trouble ahead in the athleisure category it pioneered.

By Daphne Howland • Sept. 2, 2016

Wal-Mart slashes 7,000 back office jobs

The accounting and invoicing positions on the chopping block are held primarily by long-term employees who are among the retail giant’s highest-paid hourly workers.

By Jason Ankeny • Sept. 1, 2016

Costco shares fall after same-store sales flatten

But an uptick in August traffic is encouraging, especially considering the warehouse retailer's ongoing credit card rollout debacle.

By Daphne Howland • Sept. 1, 2016

J. Crew sales slide amid 'challenging traffic environment'

Its Madewell brand fared better, but will its flagship brand ever return to its reputation for a long-lasting, classic style?

By Daphne Howland • Sept. 1, 2016

Report: Nine West considers restructuring as debt reaches $1.7B

As teen apparel retailer Aeropostale struggles to keep stores open, another brand owned by private equity firm Sycamore Partners is on the brink.

By Daphne Howland • Sept. 1, 2016

Bankrupt Sports Authority wins fight to award senior execs $1.5M bonus

Judge Mary Walrath blocked Sports Authority's earlier proposal to distribute $2.85 million in executive bonus payouts, but reversed course Wednesday.

By Daphne Howland • Sept. 1, 2016

Report: Last-gasp bid could save Aeropostale from liquidation

Landlords, liquidators and licensing firm Authentic Brands Group are uniting on a surprise $243.3 million joint bid for the bankrupt teen apparel retailer.

By Jason Ankeny • Aug. 31, 2016

Embattled Sears brings back house paint sales, Kmart courts millennials

Four years after halting house paint sales, Sears is reintroducing its Weatherbeater exterior and Easy Living interior brands, also producing paint under the Craftsman brand for the first time.  

By Daphne Howland • Aug. 31, 2016

Office Depot expanding FedEx shipping services to all US stores

The companies will team to offer early morning, late evening and Sunday drop-off options in many locations. Office Depot associates also will prepare packages (including shipping documents) for customers.

By Daphne Howland • Aug. 31, 2016