Report: Home improvement retailers immune to the 'Amazon effect'

Many homeowners see home improvement spending as an investment and prefer to browse products in-store.

By Daphne Howland • Aug. 15, 2016

Claire's looks to unload heavy debt

The struggling teen accessories retailer is working on a plan to restructure its debt, but CFO J. Per Brodin won't stick around to see it through.

By Daphne Howland • Aug. 15, 2016

July retail sales growth unexpectedly flattens

Retail sales came in at a seasonally adjusted $457.73 billion, virtually unchanged month over month but up 1.9 % from July 2015.

By Daphne Howland • Aug. 12, 2016

J.C. Penney narrows losses, but shares fall

The discount department store has defied expectations in its turnaround, but its second quarter was a mixed bag.

By Daphne Howland • Aug. 12, 2016

Under Armour snags Amazon vet as new CMO

Andy Donkin was instrumental in the ideation, development and production of Amazon's Prime, Fire TV, Kindle and Echo efforts.

By Daphne Howland • Aug. 11, 2016

Report: Retail job cuts surge in July

Retailers are among the top five U.S. industries cutting the highest number of jobs midway through the year.

By Daphne Howland • Aug. 11, 2016

Nordstrom tops expectations, buoyed by Rack unit growth

Off-price Nordstrom Rack stores, the Rack website and flash-sales site HauteLook logged an 11.2% net sales increase and same-store sales growth of 5.3% during the second quarter.

By Daphne Howland • Aug. 11, 2016

Adidas expands manufacturing to US via robot-staffed Atlanta factory

The so-called Speedfactory, the athletic apparel and footwear retailer’s first U.S. production facility, leverages innovations in manufacturing technology that enable Adidas to respond more quickly to consumer demand.

By Corinne Ruff • Aug. 11, 2016

Why is Target once again selling Amazon devices?

Four years after Target booted Amazon-branded e-readers and tablets from its shelves, the devices are back. Eight experts share their takes on the about-face.

By Jason Ankeny • Aug. 11, 2016

Kohl's sees ray of hope in second quarter

The retailer's profits plummeted 87% in the first quarter of 2016, but its Q2 results signal it's on the comeback trail.

By Daphne Howland • Aug. 11, 2016

Macy's to shutter 100 stores, stock soars

The department store chain also pledged to "heighten" its brand with exclusive products and an upgraded shopping experience.

By Daphne Howland • Aug. 11, 2016

Michael Kors calls halt to department store discounts, citing brand damage

"It's creating confusion in the consumers' mind relative to the value of the Michael Kors brand when it's being seen so often on sale in so many different places," CEO John Idol said.

By Daphne Howland • Aug. 11, 2016

Alibaba's June growth shatters analyst expectations

The Chinese e-commerce goliath reported its highest growth rate since its 2014 initial public offering.

By Daphne Howland • Aug. 11, 2016

Ralph Lauren reports loss, but beats expectations

The fashion house said that its "Way Forward" turnaround plan is already bearing fruit.

By Daphne Howland • Aug. 10, 2016

Coach exiting 250 North American department stores

The move is part of the luxury retailer's ongoing effort to cut down on promotions and sell at higher price points.

By Daphne Howland • Aug. 10, 2016

Wal-Mart vows no job cuts at Jet, Hayneedle after acquisition

Online home furnishings retailer Hayneedle and startup Jet will continue to exist as stand-alone units.

By Daphne Howland • Aug. 10, 2016

Why Wal-Mart is a retail sustainability leader (but doesn't really want to talk about it)

The retail giant boasts an impressive sustainability record, but the company is strictly business about its accomplishments — for good reason, experts say.

By Kelsey Lindsey • Aug. 9, 2016

Wayfair falls on wider-than-expected Q2 loss

The online home furnishing retailer reported total Q2 net revenue of $787 million, up from $492 million for the same period last year.

By Daphne Howland • Aug. 9, 2016

Coach's shift from off-price continues to pay off

Coach's North American same-store sales rose 2% in its fiscal fourth quarter, and net sales for its Stuart Weitzman brand totaled $84 million.

By Daphne Howland • Aug. 9, 2016

Aeropostale gains court approval to pursue Versa bid

If Versa’s Capital Fund III unit prevails at auction, some 500 Aeropostale stores would remain open, saving thousands of jobs.

By Daphne Howland • Aug. 9, 2016

Gap shares tumble after same-store sales drop

Q2 same-store sales fell 3% at the flagship Gap brand and 9% at Banana Republic, but remained flat at Old Navy, which has regained its footing as the unit that buoys Gap’s results.

By Daphne Howland • Aug. 9, 2016

Report: Department store earnings losses continue to mount

Losses have mounted for Sears in particular, according to research firm Retail Metrics, and operating income is expected to drop substantially for six of the eight publicly traded department stores.

By Daphne Howland • Aug. 9, 2016

Honeywell reportedly eyeing JDA Software acquisition

The rumored negotiations follow just weeks after Honeywell purchased warehouse automation firm Intelligrated for $1.5 billion.

By Dan O'Shea • Aug. 8, 2016

Amazon Japan reportedly raided on suspected antitrust activity

Amazon is already under scrutiny in Europe for banning sellers from featuring lower prices than what are found on its marketplace.

By Daphne Howland • Aug. 8, 2016

Report: Steinhoff acquiring Mattress Firm for $2.4b

Mattress sales have remained a steady business for U.S. department stores, despite recent distruption from online startups.

By Daphne Howland • Aug. 8, 2016