Target grocery chief departs after 18 months

Anne Dament is the latest in a series of high-ranking executives to exit the retailer in recent weeks.

By Daphne Howland • Nov. 3, 2016

Alibaba momentum builds ahead of Singles Day

The Chinese e-commerce kingpin reported quarterly revenue growth up 55% from a year ago, boosted by mobile traffic.

By Daphne Howland • Nov. 2, 2016

American Apparel misses $2.5M in bankruptcy payments

A litigation trustee is asking a Delaware federal judge to transfer disbursing power before the company files for Chapter 11 again.

By Daphne Howland • Nov. 2, 2016

Coach sales decline as department store exodus continues

The upscale accessories retailer's efforts to extricate itself from heavy promotional environments and off-price competition undermined its momentum in fiscal Q1.  

By Daphne Howland • Nov. 2, 2016

Postmates raises $141M to fuel overseas expansion, booze delivery plans

The new round leaves the on-demand delivery startup at a valuation of about $600 million, the same as it was after a previous financing round.

By Dan O'Shea • Nov. 1, 2016

Macy's unloads stores to mall operator General Growth Properties

The deal, valued at approximately $48 million, continues Macy's efforts to shed 100 stores by early 2017.

By Daphne Howland • Nov. 1, 2016

Aeropostale could bounce back to 500 stores

Simon Property Group CEO David Simon said the bankrupt retailer has a higher potential for profitability than he initially thought.

By Daphne Howland • Nov. 1, 2016

Starboard frustration mounts after investing in Macy's 'too early'

The activist investor is getting antsy about the retailer’s effort to "unlock value" from its real estate, but its focus is not necessarily on Macy’s customers.

By Daphne Howland • Oct. 31, 2016

Patagonia shuttering all stores for Election Day

It’s an unusual move, but the outdoor retailer says the importance of this year's election justifies the decision to cease operations for the day.

By Daphne Howland • Oct. 31, 2016

Amazon delivers cheaper, limited version of Prime to China

The new service doesn't include digital content streaming and offers free shipping only on foreign products that meet a certain price threshold.

By Dan O'Shea • Oct. 30, 2016

GNC CEO bemoans 'badly broken business model'

The embattled nutritional supplement retailer missed expectations for Q3 earnings and sales, posting steep same-store drops.

By Daphne Howland • Oct. 28, 2016

Report: Amazon planning as many as 2K grocery stores

Half of the first 20 Amazon Fresh-branded pilot stores will offer minimal 'click-and-collect' grocery pickup services, while the other half will offer more traditional merchandise, services and store layouts. 

By Daphne Howland • Oct. 28, 2016

UPS expecting record holiday deliveries as e-commerce continues to drive revenue

The shipping company is on pace to deliver more than 700 million packages between Black Friday and New Year’s Eve, up 14% from the same period in 2015. 

By Dan O'Shea • Oct. 27, 2016

Amazon's shipping ambitions wreak havoc on Q3 results

Amazon reported third quarter net sales of $32.7 billion, up 29%, but surging shipping costs and other expenses resulted in an unexpected profit miss.

By Daphne Howland • Oct. 27, 2016

American Apparel reportedly filing for second bankruptcy

A bankruptcy could make the embattled retailer more appealing to a buyer, as it would allow the company to let go of leases and shutter some operations.

By Corinne Ruff • Oct. 27, 2016

Cabela's continues to struggle ahead of Bass Pro Shops merger

Net income fell 35% in the third quarter after the outdoor retailer discounted many items to boost sales.

By Daphne Howland • Oct. 27, 2016

Apple forecasts tepid holiday season despite Samsung's weakness

The computing giant is projecting sales of $76 billion to $78 billion for the last three months of 2016, further rattling investors already spooked by competition and saturation in the global smartphone market.

By Daphne Howland • Oct. 26, 2016

Adidas dethrones Under Armour as No. 2 sports brand in US

The athletic gear retailer staked its comeback strategy on more streetwear and partnerships with creatives like Kanye West.

By Daphne Howland • Oct. 26, 2016

Nordstrom CFO Koppel to retire in spring 2017

The department store retailer also shook up its executive ranks last month to boost sales online and off.

By Daphne Howland • Oct. 26, 2016

Under Armour lowers forecast, sending shares plummeting

The athletic apparel retailer reported its 26th consecutive quarter of growth above 20%, but shares fell 16% in pre-market trading after executives tempered expectations moving forward.

By Daphne Howland • Oct. 25, 2016

Two biggest US mall companies staying open on Thanksgiving

Both Simon Property Group and General Growth Properties will open their doors to holiday shoppers.

By Daphne Howland • Oct. 25, 2016

VF disappoints on department store sales, lowers outlook

CEO Eric Wiseman said the company is operating under an "uneven, global economic environment," with especially sluggish conditions in the Americas.  

By Daphne Howland • Oct. 25, 2016

REI expands #OptOutside campaign, won't open Black Friday

The outdoor retailer is shuttering all 149 of its stores on both Thanksgiving and Black Friday, processing no online sales and paying employees to take those days off and head outdoors instead.

By Daphne Howland • Oct. 24, 2016

Target recalls 127,000 Halloween-themed window decorations

No injuries have yet been reported, but customers can return the lights for a full refund, according to the Consumer Product Safety Commission.

By Daphne Howland • Oct. 24, 2016

J.C. Penney tests smaller format Sephora concessions

The decade-long partnership has been a success for both retailers, with beauty shop-in-shop locations in around 1,000 of Penney’s U.S. stores.

By Daphne Howland • Oct. 24, 2016