Wal-Mart CEO outlines future plans, urges employees to 'reimagine retail'

With the help of better-paid workers, cleaner stores, and technology that drives omnichannel efforts, Wal-Mart aims to save consumers time and money. Can it?

By Daphne Howland • June 6, 2016

Barron's urges Cabela's shareholders to sell

The publication questioned the profitability of Cabela’s elaborate stores, and even its credit-card unit. 

By Daphne Howland • June 6, 2016

Target expanding dedicated smart home spaces to more stores

A Target store in suburban Minneapolis collects a variety of Internet of Things devices in one spot for display and trial, with similar spaces slated for locations in New York City and Cupertino, CA.

By Daphne Howland • June 6, 2016

Retail Therapy: Don't call it a comeback

From stationery to velour Juicy Couture tracksuits, retailers are still selling items that should have gone by the wayside long ago. 

By Kelsey Lindsey • June 3, 2016

Wal-Mart seeing wage hikes pay off

The retail giant is also testing drones in its warehouses to boost e-commerce efficiencies. 

By Daphne Howland • June 3, 2016

Under Armour hires high-end designer for new fashion push

Belgian designer Tim Coppens already has his own upscale label that features sports-influenced street wear. 

By Daphne Howland • June 3, 2016

NRF asks FTC to investigate credit card council on antitrust concerns

The FTC said in March that it was investigating the auditing methods of the Payment Card Industry Data Security Standards.

By Daphne Howland • June 3, 2016

Study: 91% of first-time Amazon Prime subscribers renew for a second year

Consumer Intelligence Research Partners reports that 96% of second-year Prime subscribers stick around for a third year.

By Daphne Howland • June 2, 2016

Lululemon founder blasts board over 'dismal' financial performance

"Management competence is uninspiring at best," Chip Wilson said. "I am not convinced we have the right leadership in place to catalyze the change necessary to win in the current global, multi-channel and dynamic environment."

By Daphne Howland • June 2, 2016

Lands' End swings to Q1 loss as sales plummet

The clothing retailer reported a Q1 net loss of $5.8 million, fueled by a drop in same-store sales and closures of Lands' End shops within Sears stores.

By Daphne Howland • June 1, 2016

Ascena blames sales, traffic woes on poor weather

The owner of Ann Taylor, Loft and others was the latest to lower its outlook and says it has hired Accenture to help figure out what’s next.

By Daphne Howland • June 1, 2016

Wal-Mart turning to e-commerce to fuel growth in China

Wal-Mart currently controls just 1.6% of China's overall online retail market, far behind Alibaba at 46.9% and JD.com at 20.1%.

By Daphne Howland • June 1, 2016

With merger hopes dashed, what's next for Staples and Office Depot?

Antitrust concerns ended Staples' plan to acquire rival Office Depot. Now the office supply retailers are scrambling to figure out their next moves.

By Daphne Howland • May 31, 2016

Staples CEO to step down

CEO Ron Sargent will exit his position following the company's annual shareholders meeting June 14. 

By Kelsey Lindsey , Jason Ankeny • May 31, 2016

US consumer spending sees largest boost in 6 years

But retailers’ biggest challenge could be getting consumers to spend on material things rather than experiences.

By Daphne Howland • May 31, 2016

Wal-Mart crowned world's largest retailer as Amazon rises

Movement within Forbes’ list of the biggest and most powerful global companies reflects the current challenges in retail.

By Daphne Howland • May 31, 2016

Credit Suisse: Whole Foods' new 365 stores could cannibalize flagship sales

The 365 stores provide good value and a compelling customer experience—factors that could keep shoppers out of nearby Whole Foods stores.

By Daphne Howland • May 31, 2016

Apple hits snag setting up shop in India

India has officially rejected Apple's plan to sell refurbished iPhones in the country. 

By Daphne Howland • May 31, 2016

Retail Therapy: Retailers tag along on 2 social media triumphs

'Chewbacca Mom' and Trevor the Trolley took the internet by storm this week—and two retailers profited.

By Kelsey Lindsey • May 27, 2016

Mall owners: Under-performing retailers to blame for current struggles

Real estate experts say that e-commerce and changing consumer tastes pose less of a threat to malls than retailers think. 

By Daphne Howland • May 27, 2016

Abercrombie sales slide as it struggles with muted traffic

But the retailer says that consumers are now willing to pay more for better apparel, once they get into the store.

By Daphne Howland • May 27, 2016

Ulta crushes estimates, boosts outlook

Sales rose 23.7% during the first quarter, demonstrating the resiliency of the beauty retail category.  

By Daphne Howland • May 27, 2016

Sears CFO to depart as company explores options for key brands

The struggling retailer is assessing ways to get more out of its still-strong Kenmore, Craftsman and DieHard brands.

By Daphne Howland • May 26, 2016

J. Crew's struggle continues as flagship brand falters

But the retailer's Madewell brand saw a double-digit sales increase in the first quarter. 

By Daphne Howland • May 26, 2016

Costco misses US same-store sales growth for first time in 6 years

Sales of memberships, Costco’s primary path to profits, rose to $584 million from $561 million a year earlier.

By Daphne Howland • May 26, 2016