Off-pricers bounce back in Q1

Supply is still a problem, but these retailers are back in the game. All they really needed was stores to reopen.

By Daphne Howland • May 27, 2021

Judge dismisses DC attorney general's antitrust suit against Amazon

The district's top lawyer said the court "got this wrong" and is reviewing further legal options.

By Ben Unglesbee • Updated March 21, 2022

Downsizing hurts Nordstrom in Q1

Last year's move to shutter 16 full-line stores hampered sales over 2019. Meanwhile, some analysts question a key aspect of its new digital strategy.

By Daphne Howland • May 26, 2021

Authentic Brands eyeing possible IPO: Bloomberg

A possible deal to go public could fetch a $10 billion value for the company as it buys up retail brands out of bankruptcy and distress.

By Ben Unglesbee • May 25, 2021

Tuesday Morning returning to Nasdaq after delisting

The off-price retailer is back on a major market after its Chapter 11 and restructuring, and is projecting optimism about the future. 

By Ben Unglesbee • May 24, 2021

Visa, Mastercard face biggest challenges in a decade

Regulatory, legislative and court confrontations over the card network companies' fees are ratcheting up pressure again for reform of the behemoths' practices.

By Lynne Marek • May 21, 2021

Can banks win in the booming buy now, pay later space?

While buy now, pay later represents a niche of the payments ecosystem, banks should take note of what its growth says about the next generation of consumers.

By Anna Hrushka • May 21, 2021

Vans pulls up VF Corp as apparel replenishment begins

The hit sneaker brand is in comeback mode, but Europe's pandemic troubles and questions around inventory remain bumps in the road.

By Daphne Howland • May 21, 2021

Seeking a post-bankruptcy rebound, Tuesday Morning adds former Burlington execs to C-suite

The off-price retailer brought in Fred Hand as CEO and Marc Katz as interm CFO as it tries to stabalize and grow in the sector. 

By Ben Unglesbee • May 21, 2021

Foot Locker to convert, wind down most Footaction stores

A third of the stores will be converted to other company banners, while "the majority" of the remaining fleet will be shut down as leases expire.

By Cara Salpini • May 21, 2021

Petco posts 'record' Q1, raises full-year outlook

The retailer has been able to ride the wave of increased categorical demand this past year as consumers turned to their pets for comfort.

By Caroline Jansen • May 20, 2021

L Brands says the government's pandemic relief drove $125M in sales and stoked profits

With Bath & Body Works sales nearly doubled and Victoria's Secret on the mend, the company named new CFOs for when they separate in August.

By Daphne Howland • May 20, 2021

Kohl's posts 70% sales growth as it rides consumer momentum in Q1

The retailer raised its forecast for the year — which would still leave it short of pre-pandemic levels — while touting new brand partnerships. 

By Ben Unglesbee • May 20, 2021

Home Depot outpaces Lowe's in Q1

Even with restrictions easing, the retailers reported double-digit sales gains as consumers continue to take on home improvement projects.

By Caroline Jansen • May 19, 2021

Target's comp sales up 23% as its private brands hit record growth

The retailer's fulfillment services and portfolio of private labels across multiple categories have kept shoppers hooked post-2020.

By Maria Monteros • May 19, 2021

Knix raises $40M as it looks to expand retail fleet, grow brand

The intimates brand says it is on pace to generate $100 million in sales and is "highly profitable."

By Ben Unglesbee • May 19, 2021

Walmart maintains growth with online sales up 37%

After a "strong" first quarter, CEO Doug McMillon said the retailer expects "continued pent-up demand" throughout the year.   

By Maria Monteros • May 18, 2021

Ahead of public debut, BarkBox parent posts 79% revenue increase

The brand reported preliminary Q4 results before a shareholder vote at the end of this month to approve its acquisition by Northern Star Acquisition Corp.

By Caroline Jansen • May 18, 2021

Macy's credits speedy vaccinations, pandemic relief for Q1 rebound

People are buying apparel again — even dresses — after living in sweats during the pandemic, but a comparison to 2019 reveals a retailer in decline.

By Daphne Howland • May 18, 2021

Growth in wholesale helps push Casper's revenue up 13% in Q1

Revenue from the brand's retail partners, which include Nordstrom and Sam's Club, increased 53.7%, while its DTC business saw an 11.1% rise.

By Caroline Jansen • May 18, 2021

At Home's largest shareholder to vote against sale

CAS Investment Partners, which owns about 17% of the retailer's common stock, sent a letter to the board opposing the sale to Hellman & Friedman.

By Caroline Jansen • May 17, 2021

How Overstock learned to love retail again

CEO Jonathan Johnson discusses why he brought the company back to its roots and away from the blockchain experiments that infatuated his predecessor.

By Ben Unglesbee • May 17, 2021

Dillard's surprises with 73% sales spike

Vaccinations, stimulus and warm weather drove up margins, profits and the top line, a sign of major recovery from last year's declines.

By Ben Unglesbee • May 14, 2021

PayPal acquires returns startup Happy Returns

After investing in the startup in 2019, the payments platform is now buying it, to better serve consumers throughout their purchase journey.

By Tatiana Walk-Morris • May 14, 2021

Walmart to acquire virtual fitting room startup Zeekit

The testing technology's three founders — Yael Vizel, Alon Kristal and Nir Appleboim — will join Walmart as part of the deal. 

By Maria Monteros • May 13, 2021