Gap sales nosedive, company vows to streamline

Same-store sales at Banana Republic plummeted 11% during the first quarter of 2016, and Old Navy dropped 6%.

By Daphne Howland • May 10, 2016

Apple VP of online retail Kupbens calls it quits

Bob Kupbens' departure follows days after Apple reported its first decline in quarterly revenue in 13 years.

By Daphne Howland • May 9, 2016

Gucci, Michael Kors quit anti-counterfeit group over Alibaba membership

Not only has the International Anti-Counterfeiting Coalition allowed Alibaba to join its ranks, but also is featuring founder Jack Ma as the keynote speaker at its spring conference this month.

By Daphne Howland • May 9, 2016

Amazon pledges same-day delivery to all urban neighborhoods after outcry

Amazon also said it will provide service in all zip codes whenever launching same-day delivery in additional markets moving forward.

By Daphne Howland • May 9, 2016

Wayfair revenue soars 76% on healthy repeat business

The online home furnishings and décor retailer delivered 3 million orders in Q1 2016, an increase of 66.7% year over year.

By Daphne Howland • May 9, 2016

U.S. jobs growth slows in April, retail employment unchanged

American employers added just 160,000 non-farm jobs in April, the fewest since September 2015.

By Daphne Howland • May 6, 2016

Bebe posts $30m loss, looks to liquidate assets

The company closed 12 Bebe stores and two outlet stores during the quarter, also eliminating 86 corporate jobs.

By Daphne Howland • May 6, 2016

L Brands shares plunge on weak Victoria's Secret sales

Shares fell 12% late Thursday afternoon to $70.85, a 52-week low and L Brands' worst tumble in six years.

By Daphne Howland • May 6, 2016

Amazon expands delivery horizons with Atlas Air cargo deal

The cargo airline granted Amazon warrants to acquire up to a 30% stake in the company.

By Jason Ankeny • May 5, 2016

Alibaba's revenue rises 39% on marketplace, cloud growth

But some analysts question Alibaba's cash flow as well as the company’s own metrics.

By Daphne Howland • May 5, 2016

What 'suitable seating' means for retailers in California—and beyond

Retailers have long preferred store employees to stand, believing it makes them more efficient and approachable. A recent Supreme Court of California ruling means the tradition could be on its last legs.

By Daphne Howland • May 5, 2016

Wal-Mart bringing back greeters to boost customer service, deter theft

Shoplifters steal some $300 million worth of products from Wal-Mart shelves each year.

By Daphne Howland • May 5, 2016

Bucking VC trends, Farfetch secures $110m, valuation rockets to $1.5b

Fears of a tech bubble aren't dissuading investors from betting on the upscale fashion curation platform.

By Daphne Howland • May 5, 2016

Sports Authority refutes liquidation reports, cites 'high' buyer interest

Rival sports gear chains Dick’s Sporting Goods, Academy Sports and Modell’s have all expressed interest in Sports Authority's assets.

By Daphne Howland • May 4, 2016

Etsy posts first quarterly profit since IPO

Q1 total revenue was $81.8 million, increasing 39.8% year-over-year and up 35% from Q4.

By Daphne Howland • May 4, 2016

Build-A-Bear exploring strategic alternatives after profit plummets

The toy retailer reported net first quarter earnings of $3.5 million, down sharply from $6.8 million in Q1 2015.

By Jason Ankeny • May 3, 2016

UPDATE: Aeropostale files for bankruptcy, closing 154 stores

The teen apparel retailer could emerge leaner but largely intact, though it will still have to find ways to appeal to shoppers.

By Daphne Howland • May 3, 2016

The Limited unveils off-price Backroom brand

The first six Backroom stores are now open, with additional locations launching later this year.

By Daphne Howland • May 3, 2016

CVS beats Q1 expectations on strong pharmacy demand

Front-of-store sales, which had been falling after CVS quit selling tobacco two years ago, also rose in the quarter.

By Daphne Howland • May 3, 2016

Report: Forever 21 making vendors, lenders wait on payments

Experts say the privately owned fast-fashion retailer is not adequately responding to shifting customer tastes.

By Daphne Howland • May 2, 2016

Amazon expands Prime Now delivery to Bronx, Roxbury after criticism

The zip codes privy to Prime Now delivery are determined by the cold calculations of Amazon’s algorithms—maybe a bit too cold, critics say.

By Daphne Howland • May 2, 2016

Barron's: J.C. Penney is undervalued, stock could double

Although the retailer is still in turnaround, it’s besting rivals on many measures in a tough retail environment.

By Daphne Howland • May 2, 2016

Kitson founder retaking iconic West Hollywood store

The revamped Kitross will tweak Kitson’s merchandising approach while seeking to recapture the love that celebrities and tourists had for the now-defunct retailer.

By Daphne Howland • April 29, 2016

GNC planning to sell off more than 1,000 stores

First-quarter sales took a big hit after the supplements retailer heavily discounted products that were about to expire.

By Daphne Howland • April 29, 2016

Report: Apple gets the go-ahead to open stores in India

Even without the benefit of its own stores there, Apple's first-quarter Indian sales grew 56% compared to Q1 2015.

By Daphne Howland • April 29, 2016