Pier 1 to close at least 70 stores as loss doubles

The distressed retailer could face even more closures — up to 15% of its portfolio, or more than 140 locations — if it can't improve its performance.

By Caroline Jansen • Sept. 26, 2019

Ikea plots new store concept in Queens

The store is the Swedish furniture retailer's third location in New York City, coming after the opening of its urban planning studio in April.

By Caroline Jansen • Sept. 26, 2019

Amazon launches virtual medical clinic for Seattle employees

The trial, called Amazon Care, includes in-person followup doctor visits at an employee's home or office, along with at-home prescription drug delivery.

By Rebecca Pifer • Sept. 25, 2019

EBay CEO steps down

Devin Wenig's departure, which comes amid a strategic and operational review, was due to "a number of considerations," the company's chairman said. 

By Ben Unglesbee • Sept. 25, 2019

Gap Inc. poaches Sephora exec for Athleta's new CEO

Mary Beth Laughton previously held leadership roles at Nike as well, and seems adept at stoking e-commerce.

By Kaarin Moore • Sept. 25, 2019

Nike posts 'rock-solid' Q1 with strong women's, digital sales

Despite looming tariffs, CEO Mark Parker expressed confidence that the brand has "a lot of levers we can work with."

By Cara Salpini • Sept. 25, 2019

Marshalls introduces e-commerce store with interactive features

The move allows the off-price retailer to grab a share of the e-commerce market as consumer shopping behavior shifts online.

By Tatiana Walk-Morris • Sept. 25, 2019

Best Buy aims for $50B in revenue in 2025

The retailer also plans to cut $1 billion in costs, positioning itself to carry on "as one of the top performers in US retail," Moody's said.

By Daphne Howland • Sept. 25, 2019

Lease of faith: Why churches are going into malls

Spaces once occupied by retailers are being taken over by religious organizations as malls look for new tenants to fill empty storefronts.

By Kaarin Moore • Sept. 25, 2019

Overstock CFO resigns as permanent CEO is named

Greg Iverson left amid turbulence around the exit of its former CEO, Patrick Byrne, as Jonathan Johnson steps into the chief executive role.

By Ben Unglesbee • Sept. 24, 2019

Happy Returns expands partnership with World Market

The returns facilitator will be available at all 276 store locations in time for the holiday season, which can serve as both boon and burden for retailers. 

By Lisa Rowan • Sept. 24, 2019

Bloomberg: Ascena considers selling Lane Bryant, Catherines

The company bought the plus-size retailers in 2012, when the specialty approach to sizing was already falling out of favor.

By Daphne Howland • Sept. 24, 2019

Walmart's Allswell brand expands beyond the bedroom

The retail giant's homegrown digital brand, which has focused on selling mattresses and bedding, announced its first bath collection.

By Caroline Jansen • Sept. 24, 2019

'Retail apocalypse' could last another 2 years

With most retailers over-stored, expect more closures ahead, especially at B- and C-class malls, according to a report from B. Riley FBR.

By Ben Unglesbee • Sept. 23, 2019

HBC to close stores in the Netherlands

The news follows the retailer's steep earnings decline earlier this month.

By Tatiana Walk-Morris • Sept. 23, 2019

With acquisitions pending, Sears Hometown hemorrhages sales

In a second quarter marked by the sale of the Outlet business, comparable sales fell nearly 22% at the retailer.

By Ben Unglesbee • Sept. 20, 2019

Madewell IPO may be in limbo as talks with lenders break down

As part of a debt swap last year, the lenders stipulated that the company needed their permission before selling the smaller brand or taking it public.

By Daphne Howland • Sept. 20, 2019

Nordstrom promotes digital chief to new COO role

Ken Worzel has been at the company for almost a decade and is now tasked with coordinating the retailer's online and physical operations.

By Daphne Howland • Sept. 20, 2019

Victoria's Secret price hikes could hurt

The brand may not be moving swiftly enough in the transformation of its merchandising or marketing to justify its new price points, per data from UBS.

By Daphne Howland • Sept. 20, 2019

UBS: Tariffs, store closings mean easy pickings for off-price retailers

As other retailers cancel orders, opportunity abounds for stores like T.J. Maxx to buy inventory at even deeper discounts. 

By Matt Leonard • Sept. 20, 2019

Toys R Us, Candytopia partner for experiential pop-ups

The concepts include interactive playrooms and brand installations, and are headed for Chicago and Atlanta during the holiday season.

By Ben Unglesbee • Sept. 19, 2019

Madison Reed to open 600 stores by 2024

Through a joint venture with consulting firm Franworth, the hair color startup is planning to rapidly expand its Color Bar locations.

By Cara Salpini • Sept. 19, 2019

Casper jumps on the CBD bandwagon with sleep gummies

The mattress brand is among the latest to capitalize on the $150 billion cannabis market.

By Caroline Jansen • Sept. 19, 2019

There's a farm in my grocery store: The new rules of retail engagement

All retailers are in a very tight spot right now — grocery stores offer many obvious proof points, writes The Hershey Experience's Suzanne Jones.

By Suzanne Jones • Sept. 19, 2019

Chewy posts $82.9M loss in Q2

However, the pet e-tailer, which went public in June, reported stronger than expected sales gains.

By Caroline Jansen • Sept. 18, 2019