Kohl's profit sinks 87% on unexpected sales decline

Overall sales fell 3.7% in Q1 to $3.97 billion, Kohl's first drop in six quarters.

By Daphne Howland • May 12, 2016

Cowen: 'More confident' Amazon will topple Macy's apparel sales by 2017

Cowen & Co.'s John Blackledge calculates that Amazon's share of the U.S. apparel and accessories market has grown from 5% to 14% over the last year.

By Daphne Howland • May 12, 2016

Sears surprises with plans for smaller stores

The ailing retailer has been on its last legs for years, but CEO Eddie Lampert said it’s not done trying new things.

By Daphne Howland • May 12, 2016

Macy's slashes outlook, shares plummet

Sales and revenue beat expectations, but investors balked when Macy's lowered its fiscal year guidance.

By Daphne Howland • May 11, 2016

Lumber Liquidators sinks on disappointing Q1

A year after the '60 Minutes' report that set its struggles into motion, the embattled flooring retailer continues to stumble.

By Daphne Howland • May 11, 2016

Report: Sports Authority reorganization hopes dwindle as Modell's backs away

With bids due Wednesday, liquidation appears to be the most lucrative and most likely scenario facing the bankrupt sporting goods retailer.

By Daphne Howland • May 11, 2016

Wal-Mart sues Visa over chip-and-PIN security

Wal-Mart alleges that Visa is forcing stores to allow customers to use a signature in EMV transactions.

By Daphne Howland • May 11, 2016

UPDATED: Judge rules against Staples-Office Depot, ending merger deal

More than a year after Staples agreed to acquire Office Depot, a U.S. District Court Judge on Tuesday granted the Federal Trade Commission's request to halt the deal.

By Jason Ankeny • May 10, 2016

J.C. Penney expanding appliance, home improvement sales

The retailer hopes to capitalize on the strong U.S. housing market and create synergies in several home categories.

By Daphne Howland • May 10, 2016

Scoop NYC shuttering all stores nationwide

The 20-year-old boutique retailer was felled by high rents and increased competition.

By Daphne Howland • May 10, 2016

Analyst: Dick's might scoop up 180 Sports Authority stores

Investment bank Canaccord Genuity believes Dick's could gain $500 million in incremental sales.

By Daphne Howland • May 10, 2016

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