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Commentary: In the Face of Amazon, Omnichannel Retailers Can Prevail
News 1 week ago
Commentary: In the Face of Amazon, Omnichannel Retailers Can Prevail

Nonstop innovations including expanded shipping capabilities, faster delivery times and cashierless stores make Amazon a force to be reckoned with....

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Stage Stores to convert 70 to 80 department stores to Gordmans, close 40 to 60 others
News 1 week ago
Stage Stores to convert 70 to 80 department stores to Gordmans, close 40 to 60 others

Stage Stores is shrinking its department store footprint through store closures and the acceleration of its off-price store conversion program. The...

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West Elm enters rental market in tie-in with Rent the Runway
News 1 week ago
West Elm enters rental market in tie-in with Rent the Runway

Home furnishings retailer West Elm is partnering with fashion rental giant Rent the Runway to create a new channel for its goods....

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Dollar Tree to renovate 1,000-plus Family Dollar stores; close up to 600 others
News 1 week ago
Dollar Tree to renovate 1,000-plus Family Dollar stores; close up to 600 others

Dollar Tree Inc. is embarking on a major renovation initiative for its Family Dollar banner. The discounter on Wednesday announced fourth quarter...

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Chico’s names new president; to close 60-80 stores amid Q4 loss
News 1 week ago
Chico’s names new president; to close 60-80 stores amid Q4 loss

Chico's FAS is making a change at the top of its namesake brand and shuttering 60 to 80 stores in 2019 following a disappointing fourth quarter....

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Analysis: Target reaping rewards of investments in stores, digital and product
News 2 weeks ago
Analysis: Target reaping rewards of investments in stores, digital and product

Although Target's overall revenue growth was flat on last year, this is because the 2018 trading period was 7 days shorter; as such, the comparison...

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Kohl’s tops Street in Q4; in new co-location partnership
News 2 weeks ago
Kohl’s tops Street in Q4; in new co-location partnership

Kohl's Corp. is teaming up with one of the fastest-growing fitness companies in the United States. The retailer on Tuesday reported sales and...

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Food Lion in new store remodeling initiative
News 2 weeks ago
Food Lion in new store remodeling initiative

Food Lion is making a $158 million capital investment in its supermarkets in South Carolina. The grocer announced it will remodel 92 stores in the...

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Liquidation impacts Children’s Place Q4 results; 40-45 store closures planned
News 2 weeks ago
Liquidation impacts Children’s Place Q4 results; 40-45 store closures planned

Sales and income declined at The Children's Place during the fourth quarter of 2018, with liquidation and ship from store partially to blame. Net...

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Commentary: Amazon reportedly to launch grocery store business
News 2 weeks ago
Commentary: Amazon reportedly to launch grocery store business

"The reports that Amazon is pursuing a more aggressive entrance into brick-and-mortar grocery retail aren't necessarily a huge surprise. Rather, it...

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Office Depot partners with Alibaba to give SMBs a big online resource
News 2 weeks ago
Office Depot partners with Alibaba to give SMBs a big online resource

Office Depot and Alibaba.com are teaming up to bring a large online assortment of products and services to small- and mid-sized businesses (SMBs)...

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Deadline extended for Retail Design Institute’s annual design competition
News 2 weeks ago
Deadline extended for Retail Design Institute’s annual design competition

The Retail Design Institute has extended the deadline for entries for its annual International Design competition until Monday, March 8, 2019. The...

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Tech Viewpoint: Three can’t-miss technology sessions at SPECS 2019
News 2 weeks ago
Tech Viewpoint: Three can’t-miss technology sessions at SPECS 2019

The SPECS Show 2019 physical retail conference offers plenty of tech-themed content. From March 3-5, Chain Store Age will host the 55th annual...

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7-Eleven to enter big new market
News 2 weeks ago
7-Eleven to enter big new market

The world's largest convenience retailer has signed a master franchise agreement with a subsidiary of Future Retail Ltd to develop and operate 7...

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Canadian fashion retailer puts freeze on loss
News 2 weeks ago
Canadian fashion retailer puts freeze on loss

Fast-fashion retailer Ardene is ensuring loss does not grow as the business expands. Based in Canada and looking to grow and scale internationally,...

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Chuck Rubin out as CEO of Michaels Companies
News 2 weeks ago
Chuck Rubin out as CEO of Michaels Companies

The Michaels Company is looking for a new chief executive. The nation's largest arts and crafts retailer announced that Chuck Rubin has "mutually...

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Bed Bath & Beyond stretches fulfillment capabilities
News 2 weeks ago
Bed Bath & Beyond stretches fulfillment capabilities

Bed Bath & Beyond is not dozing off when it comes to fulfillment optimization. The home goods retailer is extending an existing rollout of...

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Analysis: Penney now has the right leader but has very little time to course correct
News 2 weeks ago
Analysis: Penney now has the right leader but has very little time to course correct

Today's very weak results underline the fact that J. C. Penney is now the laggard of the retail industry. The chain lost a significant amount of...

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J.C. Penney to close 18 full-line stores, nine specialty stores
News 2 weeks ago
J.C. Penney to close 18 full-line stores, nine specialty stores

J. C. Penney is trimming its real estate footprint as it looks to allocate its resources to stores and initiatives that offer the greatest long...

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Services help fuel Office Depot Q4 growth; to add more co-working spaces
News 2 weeks ago
Services help fuel Office Depot Q4 growth; to add more co-working spaces

Office Depot's increased emphasis on business services and solutions drove the chain's revenue growth in the fourth quarter. The company reported a...

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JLL-Gordon Brothers alliance is a team-up for the times
News 2 weeks ago
JLL-Gordon Brothers alliance is a team-up for the times

Nearly all retail concepts have their day, as brands like Toys "R" Us, Bon-Ton, and Payless have demonstrated. But the majority of retail chains...

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Study: Stolen credentials pose growing threat to retailers
News 2 weeks ago
Study: Stolen credentials pose growing threat to retailers

Retailers are seeing more "credential stuffing" attacks that leverage customer names and passwords exposed in data breaches. According to "Retail...

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Lowe’s swings to Q4 loss on charges; encouraged by early signs of spring business
News 2 weeks ago
Lowe’s swings to Q4 loss on charges; encouraged by early signs of spring business

Lowe's Companies reported mixed results for its fourth quarter as its earnings were impacted by a weak housing market in Canada. The home...

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TJX Cos. Q4 comp-sales crush estimates; raises dividend
News 2 weeks ago
TJX Cos. Q4 comp-sales crush estimates; raises dividend

TJX Cos. reported better-than-expected sales for its fourth quarter as it also celebrated its 23rd consecutive year of comp-sales growth. The off...

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Retail Economics: It’s time to re-invent the operating model
News 2 weeks ago
Retail Economics: It’s time to re-invent the operating model

For as long as we can remember, the retail economic operating model was well-understood and relatively predictable, with total retail sales...

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Walmart seeks to speak the customer’s language
News 3 weeks ago
Walmart seeks to speak the customer’s language

Walmart intends to transform how customers shop with its latest start-up acquisition. The discount giant has purchased Israeli Natural Language...

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Macy’s Q4 beats Street; to slash jobs as part of restructuring
News 3 weeks ago
Macy’s Q4 beats Street; to slash jobs as part of restructuring

Macy's is embarking on a multi-year restructuring plan as it looks to cut costs amid sluggish same-store sales. The department store giant on...

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Analysis: Macy’s is advancing, but at 'glacial' pace
News 3 weeks ago
Analysis: Macy’s is advancing, but at 'glacial' pace

A very mixed bag of results from Macy's provides equal doses of optimism and gloom about the future prospects for the storied retailer. The...

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Empire Outlets signs American Eagle
News 3 weeks ago
Empire Outlets signs American Eagle

Empire Outlets, New York City's first outlet center located in the borough of Staten Island, just signed another tenant. American Eagle Outfitters...

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SPECS Speak: Meet the winners of the Breakout Retailer Awards
News 3 weeks ago
SPECS Speak: Meet the winners of the Breakout Retailer Awards

Chain Store Age's SPECS Show will honor the winners of the annual Breakout Retailers Awards at a presentation on Tuesday, March 5, at 8:15 a.m.,...

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