Ralph Lauren unloads Club Monaco to private equity

The apparel company has been working to sharpen its focus and trim its portfolio, including turning its low-cost Chaps brand into a licensed business.

By Daphne Howland • May 13, 2021

Centric Brands adds to exec ranks, board as it eyes post-bankruptcy growth

The licensing specialist has brought in a former Pandora executive and past president of Lord & Taylor to help lead it in a new era. 

By Ben Unglesbee • May 12, 2021

Report: Retail tech investments at fastest run rate in 5 years

The enhancement of supply chain and omnichannel capabilities continue to drive funding as retailers approach a post-pandemic world, CB Insights found.

By Maria Monteros • May 12, 2021

Simon Q1 shows a mall business on the mend, but in flux

Traffic and purchases are recovering, but the REIT is signing more temporary leases, agreeing to more rents based on sales and leaving some space empty.

By Daphne Howland • May 12, 2021

Paper Source to be acquired in Ch. 11 by owner of Barnes & Noble

Elliott Investment Management emerged as the successful bidder for the gift specialist and sees it as "highly complementary" to the book retailer.

By Ben Unglesbee • May 11, 2021

Retailers are leaving almost half of American consumers without an option to buy

Three reasons why lease-to-own is the best option for retailers that want to expand the number of customers that can engage with their brands.

May 10, 2021

Walmart acquires telehealth provider MeMD, upping competition in telehealth space

Bringing the telehealth vendor under Walmart's umbrella may pit the big-box retailer directly against Amazon in the virtual care arena.

By Rebecca Pifer • May 7, 2021

At Home to be acquired by private equity firm for $2.8B

After years of speculation of a sale, Hellman & Friedman entered into a definitive agreement with the retailer that would take it private.

By Caroline Jansen • May 7, 2021

GameStop upgraded as it raises cash for turnaround and pays off debt

After raising more than half a billion dollars from a stock market bullish on the retailer, it has more flexibility to invest in digital efforts.

By Ben Unglesbee • May 7, 2021

Brookfield sells off its interest in Forever 21 as retail drags down Q1

The REIT, which is set to go private in the third quarter, also recently walked away from three malls with delinquent loans.

By Daphne Howland • May 7, 2021

Walmart gives diverse suppliers option for early payment to help increase access to capital

The retailer is expanding its early payments program through a partnership with the financial technology company C2FO.

By A.B. Brown • May 7, 2021

Wayfair CEO sees growth potential post-pandemic

The retailer, which has largely benefited over the past year by operating both online and in an in-demand category, reported 49% revenue gains in Q1.

By Caroline Jansen • May 6, 2021

J.C. Penney cuts 650 jobs under new owners

The layoffs came after an operational review by Simon Property Group and Brookfield Asset Management. 

By Ben Unglesbee • May 6, 2021

Office Depot parent plans to break up its retail and B2B businesses

The office supplies retailer intends to split itself into two separate companies shortly after rebuffing an offer from Staples and its backer, Sycamore Partners.

By Ben Unglesbee • May 6, 2021

ModCloth changes hands once again

When financial firm Go Global Retail bought the brand from Walmart in 2019, it wasn't interested in quickly flipping it, but the pandemic interfered.

By Daphne Howland • May 6, 2021

Wells Fargo finds apparel on the upswing

E-commerce has slowed and stimulus checks are dwindling, but the analysts found that store traffic is up, inventory is lean and margins are fatter.

By Daphne Howland • May 5, 2021

Owner of Lids acquires South Moon Under

Private investment vehicle Ames Watson says it wants to grow the Maryland-based fashion retailer. 

By Ben Unglesbee • May 5, 2021

Gap Inc. to sell Intermix to private equity firm

The boutique opened in New York nearly 30 years ago and was acquired by the conglomerate in 2012, but as a retailer of other brands, it never quite fit.

By Daphne Howland • May 5, 2021

Under Armour puts SEC battle, pandemic woes behind it in Q1

For $9 million, the brand settled its claims with the SEC, while also reporting earnings that widely exceeded expectations.

By Cara Salpini • May 4, 2021

David's Bridal takes on $70M loan as it preps for the return of weddings

After last year's slump in ceremonies, the retailer is raising capital to speed up its growth and ride the anticipated wave as couples return to the aisle. 

By Ben Unglesbee • May 4, 2021

What's next for Destination XL after last year's calamity in menswear?

The big-and-tall specialist's sales shrank by nearly a third in 2020 as offices went dark and events were nixed. Executives discuss how they navigated the turmoil.

By Ben Unglesbee • May 4, 2021

Amazon poised to overtake Walmart as largest retailer by 2025: report

As e-commerce keeps up a blistering pace, the online specialist with its vast marketplace is forecast to exceed more than $630 billion in U.S. sales.

By Ben Unglesbee • May 3, 2021

Best Buy COO steps down following banner 2020

After 17 change-packed years at the electronics retailer, Mike Mohan is leaving the company and won't be replaced. 

By Ben Unglesbee • April 30, 2021

Shopify revenue rises with increased online sales, e-commerce boom

The company expects online sales to subside as the economy opens up, but anticipates business will continue growing this year. 

By Vaidik Trivedi • April 29, 2021

Good news on vaccines, economy drives a sunnier view of retail at Moody's

Profits will likely spike as pandemic pressure eases, with apparel and off-price players gaining the most. But a return to normal could also have a downside. 

By Ben Unglesbee • April 29, 2021