Malls tout proposed changes to REIT rules as good for retailers

But legislation that would alter longstanding tax policy and make it easier for landlords to buy their tenants is more likely an attempt to save the mall.

By Daphne Howland • Updated April 1, 2021

Chewy reports first quarterly profit as sales rise 51%

Buoyed by increased pet adoptions last year and heightened e-commerce demand, the online pet retailer continues to reap the benefits.

By Caroline Jansen • March 31, 2021

Lululemon more than doubles e-commerce in 2020

That benchmark was initially expected in 2023, and the company also remains on track to double men's and quadruple international by then.

By Cara Salpini • March 31, 2021

Months out of bankruptcy, Neiman Marcus refinances $1.1B in debt

The luxury retailer kicked out maturities and reduced interest expenses as it tries to find its footing in a changed sector. 

By Ben Unglesbee • March 31, 2021

Citing privacy concerns, some online marketplaces move against seller transparency

EBay, Etsy, Mercari, OfferUp and Poshmark have banded together against a Senate bill aimed at curtailing sales of fake and stolen goods.

By Daphne Howland • March 30, 2021

Bed Bath & Beyond brings in Walmart, Wayfair vets to support digital operations

Jill Pavlovich and Jake Griffith will help grow the company's $3 billion online business as it works toward becoming an "omni-always" retailer.

By Caroline Jansen • March 30, 2021

GameStop hires Amazon vet as chief growth officer

The retailer is filling out its upper ranks with e-commerce specialists as it tries to transition to a more digital era of gaming. 

By Ben Unglesbee • March 30, 2021

Drew Barrymore launches cookware brand at Walmart

The actress teamed up with Made by Gather to produce over 150 products in the Beautiful Kitchenware collection. 

By Maria Monteros • March 29, 2021

Wells Fargo sees permanent consumer behavior shifts from the pandemic

While the recent e-commerce surge is settling down, the channel gained new shoppers, according to a report from the analysts last week.

By Daphne Howland • March 29, 2021

Banks reportedly seize equity stake in Mall of America

Triple Five Group is handing over stock in the megamall to lenders after defaulting on the American Dream project. 

By Ben Unglesbee • March 29, 2021

New investors join Nuro's Series C funding round

As competitors test autonomous deliveries, Nuro has collaborated with major retailers and won approval from regulators.

By Tatiana Walk-Morris • March 29, 2021

L Brands gets a boost from stimulus and easing pandemic rules

The retailer raised its first quarter forecast on "unusual shifts in consumer spending patterns" that are lifting Victoria's Secret and Bath & Body Works.

By Ben Unglesbee • March 26, 2021

Ikea assembles chief creative officer role as marketing, product development needs converge

Agency vet Linus Karlsson steps into the newly created position as the home goods retailer tries to keep pace with fast-moving consumer trends.

By Peter Adams • March 26, 2021

Report: Nike drops DSW, Urban Outfitters, Macy's in quest for more DTC sales

After the wind down of nine wholesale accounts last August, the retailer has notified seven others of closure, according to Williams Trading.

By Cara Salpini • March 26, 2021

Tommy Hilfiger hires former Gap exec as CMO

Alegra O'Hare will be responsible for the brand's global marketing strategy, engaging with existing consumers and acquiring new ones.

By Tatiana Walk-Morris • March 26, 2021

Gap Inc. sells off Janie and Jack after 2 years

Former Gap CEO Art Peck touted the 2019 acquisition as a great deal with a lot of growth potential, and that's how new owner Go Global sees it too.

By Daphne Howland • March 26, 2021

Ex-Gap CEO Art Peck launches $200M SPAC

The timing may be awkward, as the Securities and Exchange Commission is reportedly scrutinizing the increasing use of shell corporations to go public.

By Daphne Howland • March 25, 2021

Amazon tests book clubs

The virtual book clubs are currently in an "early access" stage where all customers with an Amazon account are able to join for free. 

By Kaarin Moore • March 25, 2021

Fanatics hits $12.8B valuation after latest funding round

The sports merchandising retailer has added another $320 million from existing investors as it expands into new territory and product lines.

By Ben Unglesbee • March 25, 2021

The Backroom: How a $15 minimum wage could impact retail

At the federal level, the minimum wage hasn't changed since 2009 at $7.25 an hour. The team discusses what an increase could mean for the industry.

By Ben Unglesbee • March 25, 2021

Wellness brand Care/of to drop new vitamin line at Target

The DTC brand's brick-and-mortar partnership will include three different multivitamins and five benefit-led blends.

By Maria Monteros • March 25, 2021

DTC furniture startup Tylko raises $26M

The company uses AR tech to allow consumers to visualize products in their homes before making a purchase. 

By Tatiana Walk-Morris • March 25, 2021

GameStop lays out an 'anti-climactic' 2021 plan after highly anticipated Q4 report

Instead of a tech-focused revolution, analysts said the retailer laid out a pretty "normal" retail strategy following a shakeup by Chewy founder Ryan Cohen.

By Ben Unglesbee • March 24, 2021

Chico's hires chief digital officer

The retailer appointed Jay Topper to oversee the company's technology functions, supply chain as well as infrastructure and security.

By Tatiana Walk-Morris • March 24, 2021

Consumers set a high customer service bar, but not every brand can deliver

The customer may not always be right, but experts say there's a price to pay when brands don't take care of them.

By Maria Monteros • March 24, 2021