Rite Aid revenues increase 23% but miss analyst expectations

The retailer's shares increased earlier this month on reports that its proposed $17 billion acquisition by rival Walgreens will earn FTC approval.

By Daphne Howland • June 17, 2016

Wal-Mart eliminating back-office jobs in 500 US stores

The retail giant is cutting accounting and invoicing jobs, and shifting affected staffers to customer-facing positions.

By Daphne Howland • June 16, 2016

Macy's avoids strike at Manhattan flagship

Macy's workers already have some of the best benefits and pay in retail, and they are fighting to ensure that remains.

By Daphne Howland • June 16, 2016

Zara parent beats expectations on 12% sales rise

Inditex’s business model and e-commerce operations helped it escape the troubles many of its peers have seen recently. 

By Daphne Howland • June 15, 2016

Alibaba founder claims counterfeits superior to authentic goods

"Fake products today are of better quality and better price than the real names,” Jack Ma said. “They are exactly the [same] factories, exactly the same raw materials, but they do not use the names.”

By Daphne Howland • June 15, 2016

Bed Bath & Beyond acquires flash site One Kings Lane

The all-cash deal is further evidence of the swift rise and fall of the flash sales model.

By Daphne Howland • June 15, 2016

Neiman Marcus profits plummet 81% on slow apparel sales

Same-store sales fell 5% in the luxury retailer's fiscal third quarter, its third straight quarter of declines.

By Daphne Howland • June 15, 2016

Birchbox scales back expansion as competition intensifies

The company started the subscription box trend in retail, but is now seeing a crop of rivals challenge its ambitions for growth. 

By Kelsey Lindsey • June 15, 2016

The Container Store rolls out Theatro employee wearables nationwide

After a one-store pilot program going back three years, the storage retailer is supplying smart wearable devices to employees in more than 70 of its 80 stores nationwide.

By Dan O'Shea • June 15, 2016

Wal-Mart replaces Asda head amid UK grocery war

Wal-Mart's international chief said earlier this month the company was ready to play rough to protect market share.

By Daphne Howland • June 14, 2016

Walgreens cuts ties with embattled blood-testing company Theranos

The drugstore chain is shuttering operations at all 40 Theranos Wellness Centers in its Arizona stores.

By Daphne Howland • June 13, 2016

Macy's to roll out new store design in Ohio mall

The new store model includes a larger beauty section and in-store pickup of online orders. 

By Daphne Howland • June 13, 2016

Burberry COO to depart amid changing luxury scene

The announcement is seen as yet another challenge for CEO Christopher Bailey, who is also the company’s chief creative officer. 

By Daphne Howland • June 13, 2016

UPDATE: Aeropostale, main lender reach settlement

Sycamore Partners says the embattled teen retailer should hasten its auction and that a revival plan is “illusory.”

By Daphne Howland • June 10, 2016

Ralph Lauren bulks up leadership in 'Way Forward' plan

The moves include hiring Jane Hamilton Nielsen, who as CFO of rival Coach was important to that brand’s turnaround. 

By Daphne Howland • June 10, 2016

Restoration Hardware plummets 20% on troubled report

The upscale furniture retailer has been the poster child for brick-and-mortar success—until now.

By Daphne Howland • June 10, 2016

Walgreens shakes up exec ranks, names co-COOs

The longtime Boots executives are allies of CEO Stefano Pessina.

By Daphne Howland • June 10, 2016

Amazon to inject another $3b in India operations

Amazon has turned to India for overseas growth as China has cooled.

By Daphne Howland • June 9, 2016

Survey: Primark's pricing could be a 'disruptive force' in US retail

Primark, which opened its first U.S. store in Boston last year, sells clothing so cheap that it makes Forever 21 or H&M look like mid-priced apparel stores.  

By Daphne Howland • June 9, 2016

Lululemon shares rise as sales beat estimates

The athleticware retailer appears to be steadily moving on from its quality and inventory issues, despite the qualms of its founder and former CEO. 

By Daphne Howland • June 9, 2016

How renting clothes could usher in a new idea of ownership

Should retailers fear the rise of Rent the Runway's Unlimited clothes rental service?

By Kelsey Lindsey • June 8, 2016

Analyst: Amazon Prime subscribers could reach 70m by end of 2016

The Prime shipping program and complementary Fulfilled by Amazon service are driving customer adoption, said Piper Jaffray senior research analyst Gene Munster.

By Jason Ankeny • June 8, 2016

11 takeaways for marketers from Mary Meeker's 2016 Internet Trends report

The highly-anticipated report points toward a mobile-first, data-rich and video-heavy future for online advertising.

By Natalia Angulo • June 8, 2016

Amazon the 'most trustworthy' company in the Fortune 500

Amazon offers a lot of advantages to shoppers, especially those in its Prime program, and it’s tops in customer service, too.

By Daphne Howland • June 8, 2016

Ralph Lauren tumbles on store closures, layoffs

The company is meeting with shareholders today to outline its "Way Forward Plan."

By Daphne Howland • June 7, 2016