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

Groupon names new CFO amid mixed Q1 results

The deals marketplace posted Q1 revenue of $732 million, past expectations of $718 million but still down 3% year over year.

By Daphne Howland • April 29, 2016

Amazon crushes Q1 expectations, sales jump 28%

While the e-commerce giant’s revenues surged past analyst forecasts, so did its shipping costs.

By Daphne Howland • April 29, 2016

UPS earnings rise on growing e-commerce shipper demand

The impressive earnings report comes amid speculation that Amazon will enter the shipping space. 

By Jason Ankeny • April 28, 2016

J.C. Penney adding 60 new Sephora concessions nationwide

Around half of the Sephora concessions will open by the end of the month, and most others will be up and running by mid-June.

By Daphne Howland • April 28, 2016

Analyst urges Gap to close 175 additional stores

"We believe market share losses, an aggressive promotional landscape, weak traffic trends and fashion mishaps should continue to be too much to bear," said Deutsche Bank analyst Paul Trussel.

By Daphne Howland • April 28, 2016

Why Cuba will continue to remain off-limits to U.S. retailers

Diplomatic relations between the U.S. and Cuba are thawing. But a myriad of challenges and complexities means American retailers will be frozen out the Cuban market for some time to come.

By Daphne Howland • April 27, 2016

Macy's partners with Elton John, Lady Gaga for limited Love Bravery line

The apparel and accessories assortment heralds the first in a series of efforts “to make people feel proud of who they are," Macy's said.

By Jason Ankeny • April 27, 2016

eBay tops Q1 expectations, says new categories coming

The marketplace retailer calmed investor fears that it would stumble after last year’s PayPal spinoff.

By Daphne Howland • April 27, 2016

Simon Property Group CEO: Mall business as solid as it's ever been

David Simon dismissed e-commerce threats as his company reported healthy quarterly results and burnished its outlook.

By Daphne Howland • April 27, 2016

Coach mulling exit from some department stores, cutting jobs

The rebounding retailer said it will cut about 2% of its global workforce in an effort to maintain its positive momentum.

By Daphne Howland • April 27, 2016

Sports Authority throws in the towel, opts for liquidation

The sports gear retailer will pursue a sale rather than reorganize, one of its attorneys said Tuesday in bankruptcy court.

By Daphne Howland • April 27, 2016

RadioShack names new CEO to 'reinvent' business model

Target Australia and Sears Canada veteran Dene Rogers replaces Ron Garriques, who stepped down as CEO in early 2016 after just nine months on the job.

By Jason Ankeny • April 26, 2016

Container Store to freeze wages in effort to maintain new momentum

The payroll freeze is notable considering that Chairman/CEO Kip Tindell literally wrote the book on “conscious capitalism.”

By Daphne Howland • April 26, 2016

J.Crew CEO gives out his email address in appeal to customers

The overture is the latest move by Mickey Drexler to own mistakes that have alienated even the retailer's most ardent fans.

By Daphne Howland • April 26, 2016

Wal-Mart ditching Wild Oats organic foods brand

The line of packaged foods was introduced just two years ago, but sales reportedly didn’t meet expectations.

By Daphne Howland • April 26, 2016

Office Depot blames Q1 earnings miss on uncertainty over Staples merger

The office supplies retailer's North American retail sales fell 8.9% to $1.51 billion, and international sales dropped 10% to $700 million.

By Daphne Howland • April 26, 2016

Analysts: Retail sector on pace for most layoffs since 2010

Retail layoffs are projected to eclipse 37,000 by the end of 2016, according to a Credit Suisse forecast.

By Jason Ankeny • April 25, 2016

Back from the dead: 7 retail brands that survived Chapter 11 bankruptcy

Sports Authority, Pacific Sunwear and Sport Chalet have all filed for bankruptcy in the opening months of 2016. But the recent history of retail proves that Chapter 11 is not always a death sentence.

By Jason Ankeny • April 25, 2016

Costco likely to raise annual membership fee

Annual memberships are a proven way to lock in loyal customers, and Costco makes most of its money on those dues.

By Daphne Howland • April 25, 2016

Analysts slam Nordstrom for straying too far from core strengths

The department store retailer has ramped up its e-commerce and off-price efforts, and that’s precisely what has gotten them in trouble with analysts.

By Daphne Howland • April 25, 2016

Report: Department stores must close hundreds of additional locations

Green Street Advisors called on retailers to close roughly a fifth of anchor space in U.S. malls.

By Daphne Howland • April 25, 2016

Uber settlement keeps drivers as contractors, not employees

The settlement solidifies Uber’s ability to hire freelancers on a large scale, a win for the "demand economy."

By Daphne Howland • April 22, 2016