Amazon earnings beat expectations as web services overshadow retail business

Could the e-retailer’s cloud business be the future of the company?

By Daphne Howland • April 24, 2015

UPDATE: Banks object to Target and MasterCard settlement over breach

A group of small banks and credit unions say that the settlement is a "sweetheart deal" meant to undermine their own claims. 

By Daphne Howland • April 23, 2015

Former American Apparel worker lodges fraud accusations against ex-CFO

David Nisenbaum has filed a lawsuit alleging that past CFO and interim-CEO John Luttrell cost the company millions, committed fraud, and fired Nisenbaum when he tried to bring it all to light.

By Daphne Howland • April 23, 2015

Jet sets towering expectations ahead of launch

If Jet proves as successful as it expects to be, it may be the first retailer to truly shake up Amazon.

By Daphne Howland • April 23, 2015

PayPal outshines eBay's marketplace in revenue for first time

The company says it will spin off payments unit PayPal sometime in Q3.

By Daphne Howland • April 23, 2015

Sears Hometown and Outlet CEO departing

The hardware and appliance retail company was spun off from struggling Sears Holding Corp. three years ago.

By Daphne Howland • April 22, 2015

Gap vet joins JackThreads to help launch new brand

Tony Kretten joins former Gap colleague Mark Walker as the creative director of mens apparel e-retail site JackThreads.

By Daphne Howland • April 22, 2015

Poshmark benefits from mobile-first approach, raises $25M

The fashion resell company also announced its new Apple Watch app.

By Daphne Howland • April 22, 2015

Adidas to make apparel, shoes out of plastic ocean waste

The clothing and footwear retailer launched a partnership with Parley for the Oceans to reduce the amount of plastic waste in the world’s oceans. 

By Nicole Wrona • April 21, 2015

Under Armour sales up, but revenue outlook disappoints

The retailer has profited from its early support of golfer Jordan Spieth, who wowed at this year’s Masters Tournament.

By Daphne Howland • April 21, 2015

Google Wallet funds now insured by FDIC

The payments service will store unused balances in insured institutions. 

By Ian P. Murphy • April 21, 2015

Rite Aid hires new CIO amid changing healthcare environment

Steve Rempel previously worked in IT at Safeway for 35 years.

By Daphne Howland • April 21, 2015

Frederick's of Hollywood files for Chapter 11

The retailer practically invented American lingerie retail, but in recent years allowed the likes of Victoria’s Secret to take the lacy camisole off its back.

By Daphne Howland • April 21, 2015

Staples shakes up merchant chief position ahead of merger

The retailer named Peter J. Scala its EVP of merchandising, replacing Mike Edwards who has left Staples, effectively immediately.

By Daphne Howland • April 21, 2015

Costco said to pay almost nothing on cards in new deal

The deal with Visa and Citigroup will reportedly charge Costco almost zero for credit-card payments. 

By Kelsey Lindsey • April 20, 2015

Wal-Mart abruptly lays off 2,200 workers, cites plumbing issues

The puzzling move is being challenged by a group representing the workers.

By Daphne Howland • April 20, 2015

Benetton gives to fund for Rana Plaza factory victims

The pledge comes two years after the deadly Bangladesh factory collapse, when the Italian apparel retailer, like others, initially denied its goods were made there.

By Daphne Howland • April 20, 2015

Target teams up with Life Time for new fitness deal

The “C9 Challenge” gives Target’s C9 fitness line a big profile outside of stores, just when athletic gear and alth-leisure apparel are booming.

By Daphne Howland • April 20, 2015

Simply Fashion files for bankruptcy

The low-cost women’s apparel retailer was hit by the recession and increasing competition from big box chains.

By Daphne Howland • April 20, 2015

Retail Therapy: American Apparel's spokes-sloth and the holy iPad

Every Friday we bring you the weirdest and wackiest retail stories from around the web. 

By Kelsey Lindsey • April 17, 2015

Uniqlo to collaborate with former French Vogue editor

Uniqlo continues to work with less popularly-known style mavens that are powerhouses within the fashion world.

By Daphne Howland • April 17, 2015

Ex-Wal-Mart CEO joins Carlyle Group

The asset management firm is known as a place where big players do business. Now Wal-Mart’s former CEO is one of them.

By Daphne Howland • April 17, 2015

Private equity firm finalizes deal to buy Wet Seal

The brand is beloved but beleaguered, and the company has a lot of catching up to do.

By Daphne Howland • April 17, 2015

Apple Watch launch getting messy

It’s hard to know if the Watch’s limited availability in stores has been a real strategy or a consequence of production snafus. 

By Daphne Howland • April 17, 2015

Etsy and the IPO: How it got here and what's next

Growing bigger and going public has already wrought some painful changes at the artisanal marketplace. 

By Daphne Howland • April 16, 2015