Kenneth Cole to shutter all but two US stores

The fashion house and shoe retailer will take the next six months to wind down its 63 outlet stores, leaving one in New York City and another in Arlington, VA. 

By Daphne Howland • Nov. 14, 2016

Hudson's Bay loses hope in end-of-year sales spike

CEO Jerry Storch said its investments in robotic fulfillment will soon pay off, and he feels good headed into the holiday season.

By Daphne Howland • Nov. 11, 2016

J.C. Penney comeback goes off course on soft apparel sales

The retailer lowered its fiscal year same-store sales guidance after increased competition from off-price retailers and weak shopper traffic derailed its third quarter results.

By Daphne Howland • Nov. 11, 2016

Dollar General reveals plans for smaller, urban DGX store format

In a challenge to similar concepts by Target and Wal-Mart the stores will offer a range of grab-and-go food items as well as home goods and electronics.

By Daphne Howland • Nov. 11, 2016

Nordstrom recovery gains momentum despite steep Trunk Club losses

The department store retailer beat analyst expectations for the second consecutive quarter, boosted by its anniversary sale and off-price Rack business.

By Daphne Howland • Nov. 11, 2016

Report: Sears suppliers slowing shipments on bankruptcy jitters

Murmurs about Sears’ inability to keep up with vendor payments are growing louder, and at least six suppliers have reduced shipments to the struggling retailer out of fears it will go under.

By Daphne Howland • Nov. 10, 2016

Ralph Lauren makes progress on 'Way Forward' plan

Analysts have been patient with the retailer’s turnaround plan, despite a decline in wholesale revenue and a rise in expenses.

By Daphne Howland • Nov. 10, 2016

Macy's inks real estate deal with Brookfield, sells San Francisco menswear store for $250M

The embattled department store retailer is granting real estate investment firm Brookfield exclusive rights to create a “pre-development plan” for at least 50 Macy’s property assets.

By Daphne Howland • Nov. 10, 2016

Kohl's CFO McDonald retiring in spring 2017

The announcement of Wesley McDonald's imminent departure coincides with the release of a third quarter earnings report suggesting that the retailer's turnaround plan is gaining traction ahead of the holidays.

By Daphne Howland • Nov. 10, 2016

Nasty Gal files for Chapter 11 bankruptcy

The quirky apparel retailer has struggled to grow beyond its cult following of young millennial women and fallen behind fast-fashion brands like Forever 21 and Zara.

By Daphne Howland • Nov. 9, 2016

Reports: With Trump in White House, Amazon could face antitrust probe

President-elect Donald Trump earlier this year blamed Amazon's "monopolistic tendencies" for "the destruction of department stores and the retail industry.”  

By Dan O'Shea • Nov. 9, 2016

Burberry trimming product offerings for the holidays

The upscale British fashion house is shifting its focus to its newest items, especially those selling well after its September runway show.  

By Daphne Howland • Nov. 9, 2016

Wal-Mart faces lawsuit over false labeling of Egyptian cotton sheets

Its response to Indian textile manufacturer Welspun’s mislabeling is in contrast to rival Target, which severed ties upon discovery of the issue.

By Daphne Howland • Nov. 9, 2016

American Apparel abandons UK stores, resumes talks with bidders

The retailer has appointed executives from accounting giant KPMG as administrators of its 13 U.K. stores and has stopped shipping inventory to those locations, although they have enough merchandise to get through the holidays.

By Daphne Howland • Nov. 9, 2016

Google's Project Wing drone bet hits stiff headwinds

The drone delivery effort's future is in doubt following the departure of two of its leaders, financial and staffing cuts and the end of a potential delivery partnership with Starbucks.

By Dan O'Shea • Nov. 8, 2016

Gap warehouse fire blamed for sales decline

Old Navy was again the apparel retailer's salvation in the third quarter, with a same-store sales increase of 3%, while Gap and Banana Republic suffered setbacks.

By Daphne Howland • Nov. 8, 2016

CVS slashes guidance as prescription growth sputters

Days after the drugstore chain announced plans to eliminate 600 corporate jobs, it missed third quarter revenue projections and lowered its outlook for the year ahead.

By Daphne Howland • Nov. 8, 2016

Online jeweler Blue Nile going private to revive fortunes

The e-retailer, founded in 1999, has recently begun to open physical stores and is struggling to maintain growth.

By Daphne Howland • Nov. 8, 2016

How Target can refresh its failing grocery business

The retailer's grocery effort suffered another blow with the abrupt resignation of department head Anne Dament. Eight experts debate how (and if) Target can turn it around.    

By Jason Ankeny • Nov. 8, 2016

Golfsmith begins store closing sales at 59 locations

Dick’s Sporting Goods and a team of liquidators won a bankruptcy auction last month to take over its U.S. business for $70 million.

By Daphne Howland • Nov. 7, 2016

Fossil shuttering stores, streamlining product offerings

“Consumers don’t want to see a huge assortment of products like what’s in a department store," CEO Kosta Kartsotis said. "They want to see a few good, well-designed products.”

By Daphne Howland • Nov. 7, 2016

Wal-Mart CEO touts new emphasis on sustainability, workplace improvements

Doug McMillon pledged to sell more locally sourced produce, reduce emissions, leverage energy efficiencies and achieve zero waste to landfill in key markets.

By Daphne Howland • Nov. 7, 2016

Adidas rebooting Reebok to drive US sales growth

The athletic retailer will relocate the brand's operations to a “vibrant urban area" and close some stores, which will result in the loss of some 150 jobs.

By Daphne Howland • Nov. 4, 2016

CVS Health to cut 600 corporate jobs

Changing market dynamics and an increasingly competitive environment are forcing the drugstore retailer to streamline its operations.  

By Daphne Howland • Nov. 4, 2016

Hollar's dollar store-like app draws $30M in new funding

Available online and as an iOS or Android app, Hollar features 10,000 live SKUs for a variety of items, most priced between $2 and $5.

By Dan O'Shea • Nov. 3, 2016