Gap closing 175 stores, laying off employees in turnaround

Gap Inc. will shed 250 corporate jobs, mostly at its headquarters in San Francisco.

By Daphne Howland • June 16, 2015

American Apparel director David Danziger resigns

Danziger has served on the board since 2011 and has been under fire for a few quarters. CEO Paula Schneider will take his post.

By Daphne Howland • June 16, 2015

Fanatics taps new CFO

Equity analyst Lauren Cooks Levitan joins the licensed-sports gear retailer, which has expanded swiftly into physical retail.

By Daphne Howland • June 16, 2015

UPS acquires insurer of precious items

Parcel Pro specializes in jewelry, watches, collectibles. 

By Ian P. Murphy • June 16, 2015

Ollie's Bargain Outlet eyes IPO

The retailer, founded in 1982, has expanded greatly in recent years and has long-term plans for nearly a thousand stores.

By Daphne Howland • June 16, 2015

CVS buying Target's pharmacies, clinics for $1.9B

The deal will give CVS Health around 1,700 more locations and a presence in new markets like Seattle and Portland. 

By Kelsey Lindsey • June 15, 2015

Fast Retailing to integrate channels in the cloud

Accenture will help the Uniqlo parent create a seamless customer experience. 

By Ian P. Murphy • June 15, 2015

Hudson's Bay buys Germany's largest department store chain for $3.2B

The company aims to leverage Kaufhof’s e-commerce strength in Europe and to bring its American Saks stores to the continent.

By Daphne Howland • June 15, 2015

Kmart shakes up marketing staff

The new CMO will lead rebranding and omnichannel strategy. 

By Ian P. Murphy • June 15, 2015

Net-a-Porter posts first profit on record sales

A formidable luxury e-commerce company is due to emerge once the company is acquired by Italian luxury retailer Yoox sometime later this year. 

By Daphne Howland • June 15, 2015

Kohl's finally taps merchandising chief

Chief customer officer Michelle Gass will step up to a new principal officer position of chief merchandising and customer officer.

By Daphne Howland • June 15, 2015

Restoration Hardware profit way up

The upscale home goods retailer is also opening two new stores for its RH Modern brand that will be introduced this year.

By Daphne Howland • June 12, 2015

Old Navy partners with job skills startup

Through LearnUP, job seekers learn basic skills that no one thinks to teach, but are expected on the job nevertheless.

By Daphne Howland • June 12, 2015

Amazon e-book contracts face EU scrutiny on anti-trust concerns

European regulators say Amazon’s requirement that publishers reveal terms they’re offering to other retailers could be a restrictive business practice.

By Daphne Howland • June 12, 2015

Nike's billion-dollar deal wins NBA licensing rights

The company’s logo will also appear on team uniforms, a first in NBA history.

By Daphne Howland • June 12, 2015

Lululemon founder Chip Wilson may want out

Wilson is thinking about selling his entire 14% stake after stepping down as chairman last year.

By Daphne Howland • June 12, 2015

Retail sales in May see an upswing: Commerce Dept.

In physical stores, RetailNext found a stronger intent to buy, with increased sales per shopper.

By Daphne Howland • June 11, 2015

Personal shopping app Voonik wins $5 million in funding

The Indian retail app has been downloaded more than 1 million times. 

By Ian P. Murphy • June 11, 2015

J. Crew lays off 175 HQ staff, replaces head women's designer

Head of design Somsack Sikhounmuong from the retailer’s Madewell brand is replacing women’s design chief Tom Mora.

By Daphne Howland • June 11, 2015

For Dollar General, new exec same as the old exec

Jeff Owen will come out of retirement June 15 to take the job of EVP of store operations upon the sudden departure of Greg Sparks.

By Daphne Howland • June 11, 2015

Target sparks confusion over share buyback

The retailer inadvertently published an announcement of the share buyback on its website, then promptly deleted it.  

By Kelsey Lindsey • June 10, 2015

Hudson's Bay: Real estate a major factor in acquisitions

But it's still not clear if the company will invest in German department store company Kaufhof or, if so, whether real estate or retail would be the reason.

By Daphne Howland • June 10, 2015

Bigcommerce names Brent Bellm CEO

The executive previously held postions with PayPal and HomeAway.

By Ian P. Murphy • June 10, 2015

Nasty Gal hit with lawsuit over layoffs of pregnant employees

The retailer says it all happened during its waves of layoffs, and that the legal action is "frivolous and without merit." 

By Daphne Howland • June 10, 2015

Lands' End announces three major executive hires

New CEO Federica Marchionni is assembling her team.

By Daphne Howland • June 10, 2015