Serta appoints new leadership, including chief commercial officer and COO

Shelley Huff, the current CEO of the company's Tuft & Needle business, will take on the additional chief operating officer role.

By Caroline Jansen • April 7, 2021

Target to spend over $2B with Black-owned companies by 2025

The retailer intends to add products from over 500 Black-owned businesses in several categories and launch resources to help vendors scale their operations.

By Maria Monteros • April 7, 2021

Mall vacancy rate hits another record high

The mall vacancy rate hit 11.4% in the first quarter, a 90-point jump from last quarter and a 0.4% hike over last year, according to Moody's Analytics.

By Daphne Howland • April 7, 2021

J. Crew elevates Madewell execs to tackle marketing, digital

Three of four appointments to the company's senior management team are Madewell execs gaining more responsibility.

By Maria Monteros • April 7, 2021

Gap designs fulfillment system to prioritize 'most valuable' customers

Delivery speeds will be tiered as gold, silver and bronze, which the CEO said would help manage costs.

By A.B. Brown • April 7, 2021

The Collected Group exits bankruptcy

The owner Joie, Equipment and Current/Elliott is looking to grow its digital and wholesale business after stumbling in the pandemic.

By Ben Unglesbee • Updated June 7, 2021

Brookfield mall REIT to be sold for $6.5B

The landlord earlier this year said going private would provide more flexibility managing its portfolio, as malls decline further during the pandemic.

By Daphne Howland • April 5, 2021

The omnichannel age is here — and it’s expensive

Store pickup of online orders grew by triple digits amid the pandemic. Retailers are now scrambling to become more efficient sellers across channels.

By Ben Unglesbee • April 5, 2021

With $155M in fresh capital, Harry's looks to add more brands

A year after its deal with Schick owner Edgewell was called off, the company behind Harry's, Flamingo, Cat Person and Headquarters is expanding.

By Caroline Jansen • April 1, 2021

Walgreens to launch digital bank accounts this year

The accounts will be available to customers online and at 9,000 Walgreens locations in the second half of 2021.

By Anna Hrushka • April 1, 2021

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