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As retailers gear up for earnings, experts look to unexpected areas of the market for gains
News 5 days ago
As retailers gear up for earnings, experts look to unexpected areas of the market for gains

It's a big week for retail. Big names like Walmart, J. C. Penney and Burberry are gearing up to deliver their quarterly reports this week, hot off...

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Sears owner gets $250 million lifeline, says it will shut another 96 stores
News 1 week ago
Sears owner gets $250 million lifeline, says it will shut another 96 stores

As the holiday season approaches, the parent company of Sears and Kmart has secured a $250 million lifeline and announced plans on Thursday to shut...

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Kohl's, Macy's turn to pop-up shops and Instagram-worthy displays to try to win the holidays
News 1 week ago
Kohl's, Macy's turn to pop-up shops and Instagram-worthy displays to try to win the holidays

Kohl's will have a holiday pop-up shop in New York this weekend, while Macy's Story spaces have a fresh holiday theme. Retailers, in a bid to win...

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More people are going to the mall to eat at the food court, not shop, UBS says
News 1 week ago
More people are going to the mall to eat at the food court, not shop, UBS says

More and more people are going to the mall to eat at the food court, not to buy clothes, according to a survey from UBS. The investment bank said...

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Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week
News 2 weeks ago
Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week

Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday. Private sales will begin next week for Barneys' ...

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Price wars and e-commerce investment to weigh on retailer profits, Moody's says
News 2 weeks ago
Price wars and e-commerce investment to weigh on retailer profits, Moody's says

Intense competition for market share and the cost of integrating e-commerce with brick-and-mortar stores has driven Moody's Investors Service to...

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The CEO of the biggest mall owner in the US says 'reaching the bottom' of retail bankruptcies
News 2 weeks ago
The CEO of the biggest mall owner in the US says 'reaching the bottom' of retail bankruptcies

The CEO of the biggest mall owner in the U. S., Simon Property Group, says the retail industry looks to be "reaching the bottom" of a tumultuous...

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Allbirds co-CEO says company plans to open 20 stores next year
News 2 weeks ago
Allbirds co-CEO says company plans to open 20 stores next year

Allbirds is planning to continue its brick-and-mortar expansion with 20 stores next year, the company's co-founder and co-CEO Tim Brown said Monday...

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This regional grocery store has a cult following and it just opened its first location in New York City
News 2 weeks ago
This regional grocery store has a cult following and it just opened its first location in New York City

Are big cities craving more than just big business? Wegmans Food Market, a family-owned regional chain with a significant cult following, has moved...

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A Barneys New York liquidation grows more likely as rival deal falls flat
News 3 weeks ago
A Barneys New York liquidation grows more likely as rival deal falls flat

A deal led by retail investor Sam Ben-Avraham to buy Barneys New York out of bankruptcy fell flat in court Thursday, making the brand licensing...

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More than 17 years in the making, American Dream megamall's story was shaped by retail's upheaval
News 3 weeks ago
More than 17 years in the making, American Dream megamall's story was shaped by retail's upheaval

First envisioned in 1996, the American Dream complex in New Jersey finally opens Friday at an estimated cost of $5 billion. The project has seen...

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Adidas and Nike supply tactics are an abuse of market dominance, British retail giant says
News 1 month ago
Adidas and Nike supply tactics are an abuse of market dominance, British retail giant says

The sales and supply strategies of big sports brands such as Adidas and Nike should face government investigations, U. K. retail giant Sports...

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Bed Bath & Beyond boosts store closure estimates, says 60 stores may close by end of 2019
News 1 month ago
Bed Bath & Beyond boosts store closure estimates, says 60 stores may close by end of 2019

Bed Bath & Beyond will close 60 stores by the end of fiscal 2019, the company announced in an earnings call Wednesday. It previously estimated it...

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Bed Bath & Beyond posts mixed second quarter results, making 'progress' in naming a CEO
News 1 month ago
Bed Bath & Beyond posts mixed second quarter results, making 'progress' in naming a CEO

Bed Bath & Beyond reported Wednesday fiscal second quarter profits that beat analyst estimates but fell short on revenue and same-store sales. Here...

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Amazon grocery store chain moves ahead with leases in Los Angeles, WSJ reports
News 1 month ago
Amazon grocery store chain moves ahead with leases in Los Angeles, WSJ reports

Amazon has signed more than a dozen leases in the Los Angeles area as part of its plan to open a chain of grocery stores, the Wall Street Journal...

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This chart shows why the holidays are becoming less important to retailers
News 1 month ago
This chart shows why the holidays are becoming less important to retailers

The holiday season is less and less important for retailers, as more shopping moves online, according to a new study. Coresight Research said...

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Amazon is in talks to bring its cashierless Go technology to airports and movie theaters
News 1 month ago
Amazon is in talks to bring its cashierless Go technology to airports and movie theaters

Amazon is in talks to bring the cashierless technology that runs its Go stores to other retailers like airport shops and movie theaters, according...

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Here's why the Forever 21 bankruptcy could be really bad news for US mall owners
News 1 month ago
Here's why the Forever 21 bankruptcy could be really bad news for US mall owners

A Forever 21 bankruptcy was not on U. S. mall owners' wish lists ahead of this holiday season. The teen apparel retailer on Sunday night announced...

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Rent the Runway stops taking new customers as issues mount
News 1 month ago
Rent the Runway stops taking new customers as issues mount

Rent the Runway isn't accepting any new subscribers or new event rentals at least until Oct. 15, as the clothing platform runs into a slew of...

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Lululemon set to wind down Ivivva kids business, to close 7 remaining stores
News 1 month ago
Lululemon set to wind down Ivivva kids business, to close 7 remaining stores

Lululemon is planning to wind down its Ivivva kids business, which includes shuttering a handful of remaining stores, as part of a bid to grow men...

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Best Buy sees fiscal 2020 revenue of $43.1 billion to $43.6 billion, targets $1 billion in cost cuts
News 1 month ago
Best Buy sees fiscal 2020 revenue of $43.1 billion to $43.6 billion, targets $1 billion in cost cuts

Best Buy CEO Corie Barry on Wednesday walked investors through how the company expects it will be able to keep growing sales by staying rooted in...

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Considering a new pet? ASPCA warns against pet leasing arrangements
News 1 month ago
Considering a new pet? ASPCA warns against pet leasing arrangements

The Smiths are a dog family. The dog bone bumper sticker on their car confirms it. After their Bichon Frise passed away, Patty and Scott Smith...

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Impossible Foods will make its grocery store debut in California
News 1 month ago
Impossible Foods will make its grocery store debut in California

* Impossible Foods plans to make its burger available in grocery stores in every region nationwide by mid-2020. Beyond Meat's rival Impossible...

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Department store stocks fall amid rising oil prices and worries about consumer spending
News 2 months ago
Department store stocks fall amid rising oil prices and worries about consumer spending

Shares of major department store companies slid Tuesday amid concerns about weak consumer spending. Nordstrom led the pack, plunging almost 10%....

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Gen Z shopping habits can fuel a brick-and-mortar resurgence, report says
News 2 months ago
Gen Z shopping habits can fuel a brick-and-mortar resurgence, report says

Brick-and-mortar stores may have a surprising saving grace: the teen shopper. According to a new survey by A. T. Kearney, consumers ages 14 to 24...

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Holiday retail sales could climb 5% despite 'unprecedented uncertainty'
News 2 months ago
Holiday retail sales could climb 5% despite 'unprecedented uncertainty'

Retailers could be in for a jolly jump in sales this holiday season, despite headwinds like the U. S.-China trade war and the threat of another...

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'A new type of department store': Neighborhood Goods raises $11 million, plots more locations
News 2 months ago
'A new type of department store': Neighborhood Goods raises $11 million, plots more locations

Sometimes success can be found in hanging out with the right crowd. In the retail industry, a company known as Neighborhood Goods is finding...

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Hurricane Dorian to cost retailers $1.5 billion and threaten back to school sales
News 2 months ago
Hurricane Dorian to cost retailers $1.5 billion and threaten back to school sales

Retailers in the southeast can expect Hurricane Dorian to threaten the typical boosts they see from shoppers on the tails of Labor Day weekend and...

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Trump said he wanted to save Christmas. But shoppers still fear tariffs could ruin this holiday season
News 2 months ago
Trump said he wanted to save Christmas. But shoppers still fear tariffs could ruin this holiday season

Six out of every 10 people are worried about tariffs impacting their holiday shopping, according to a new study. President Donald Trump had said...

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Apparel retailer Forever 21 weighs bankruptcy filing
News 2 months ago
Apparel retailer Forever 21 weighs bankruptcy filing

Apparel retailer Forever 21 is considering filing for bankruptcy as efforts to restructure its debt run dry, a person familiar with the situation...

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