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Neiman Marcus files Chapter 11
News 1 month ago
Neiman Marcus files Chapter 11
Source Retail Dive

The COVID-19 pandemic has thrown a curveball at the retail sector that even the healthiest players have found difficult to field, and Neiman Marcus...

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Roots to liquidate U.S. unit in bankruptcy
News 1 month ago
Roots to liquidate U.S. unit in bankruptcy
Source Retail Dive

Roots hasn't given up on the U. S. The company said that it "continues to believe in the U.S. market opportunity." But its physical presence was a...

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Nordstrom to close 16 full-line stores for good
News 1 month ago
Nordstrom to close 16 full-line stores for good
Source Retail Dive

While something of a surprise, Nordstrom's move to permanently close a significant number of full-line stores was by and large taken in stride by...

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J.C. Penney turns to courts to keep Sephora partnership intact
News 1 month ago
J.C. Penney turns to courts to keep Sephora partnership intact
Source Retail Dive

The pandemic has led many retailers to make tough choices to maintain financial stability, not least of all retailers like J. C. Penney, which was...

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J. Jill reportedly hires advisers for help on balance sheet
News 1 month ago
J. Jill reportedly hires advisers for help on balance sheet
Source Retail Dive

J. Jill entered 2020 with baggage: debt, sales declines and financial losses. The women's apparel seller was in need of a turnaround and had little...

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Francesca's issues 'going concern' warning
News 1 month ago
Francesca's issues 'going concern' warning
Source Retail Dive

Francesca's ended the year expressing confidence in its turnaround, but now says that the pandemic has interrupted its momentum. On Friday, the...

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J. Crew files for bankruptcy
News 1 month ago
J. Crew files for bankruptcy
Source Retail Dive

After years of drama, distress and speculation, it was a global pandemic that sent J. Crew into bankruptcy after disrupting the company's plans to...

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Gap inks global licensing deal
News 1 month ago
Gap inks global licensing deal
Source Retail Dive

The apparel industry has been especially hard hit by the COVID-19 pandemic, as nonessential retail stores spent much of the past several weeks...

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These 27 retailers could file for bankruptcy as pandemic roils the industry
News 1 month ago
These 27 retailers could file for bankruptcy as pandemic roils the industry
Source Retail Dive

Very few retailers are going to walk away from 2020 unscathed. Retail as an industry entered the year with a strong consumer, low unemployment and...

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Macy's to open 68 stores on Monday
News 1 month ago
Macy's to open 68 stores on Monday
Source Retail Dive

In a presentation released to accompany the discussion Thursday morning, Macy's outlined the conditions under which it will be opening stores. That...

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J. Crew reportedly preps for bankruptcy
News 1 month ago
J. Crew reportedly preps for bankruptcy
Source Retail Dive

J. Crew's journey from preppy staple to a potential Chapter 11 case has been long and much discussed, and it has followed many of the same thorny...

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Amazon Q1 sales soar but profits tumble
News 1 month ago
Amazon Q1 sales soar but profits tumble
Source Retail Dive

Amazon's e-commerce prowess was undermined in the first quarter, with low margins and high costs rendering a sales surge almost moot. In recent...

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Macy's to reopen 68 stores on Monday
News 1 month ago
Macy's to reopen 68 stores on Monday
Source Retail Dive

In a presentation released to accompany the discussion Thursday morning, Macy's outlined the conditions under which it will be opening stores. That...

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Walmart adds 2-hour delivery service
News 1 month ago
Walmart adds 2-hour delivery service
Source Retail Dive

Retailers continue to raise the bar on speed in what Charlie O'Shea, senior retail analyst at Moody's​, described as an "arms race." Amazon is...

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Workers at Amazon, Target plan strike for May 1
News 1 month ago
Workers at Amazon, Target plan strike for May 1
Source Retail Dive

Essential retailers like Amazon, Walmart and Target so far have avoided the financial duress confronting many other retailers for the simple reason...

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More than half of mall-based department stores could close in two years
News 1 month ago
More than half of mall-based department stores could close in two years
Source Retail Dive

Although the retail shutdown mandated by the COVID-19 pandemic has been temporary, and some nonessential retail will be reopening in a matter of...

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The Backroom: Retail responds to the coronavirus
News 1 month ago
The Backroom: Retail responds to the coronavirus
Source Retail Dive

The COVID-19 pandemic has forced much of the retail industry to temporarily shutter their doors, either by choice or by mandate, in order to help...

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Apparel retailers are in trouble
News 1 month ago
Apparel retailers are in trouble
Source Retail Dive

Apparel sales have been under pressure for a while now, for a few reasons. Consumers, free to wear more casual attire at work and special events,...

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Suppliers are feeling retail's pain, too
News 1 month ago
Suppliers are feeling retail's pain, too
Source Retail Dive

It's as though a memo went out to the entire retail world. Retailers big and small, healthy and distressed, have issued a chorus of letters and...

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SKU'd: The day 300K retail workers were furloughed
News 1 month ago
SKU'd: The day 300K retail workers were furloughed
Source Retail Dive

I realized jobs were in jeopardy when I was researching Adidas. Since mid-March the Retail Dive team has been keeping a running list of decisions...

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NRF, RILA create 'Blueprint' to reopen stores
News 1 month ago
NRF, RILA create 'Blueprint' to reopen stores
Source Retail Dive

The White House released guidelines April 16 on the three phases of Opening Up America Again in regard to states' shelter-in-place orders and...

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Bloomberg: Guitar Center misses interest payments as it looks to restructure debt
News 1 month ago
Bloomberg: Guitar Center misses interest payments as it looks to restructure debt
Source Retail Dive

Even before the COVID-19 pandemic slammed retailers, Guitar Center struggled with financial constraints from its debt load, left over from two...

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How COVID-19 could change the retail landscape
News 1 month ago
How COVID-19 could change the retail landscape
Source Retail Dive

It was rent due in April that seemed to spark the trend - retail tenants broke the news to their landlords that they wouldn't be paying up on the...

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Simon plans mall re-openings with traffic limits, shorter hours
News 1 month ago
Simon plans mall re-openings with traffic limits, shorter hours
Source Retail Dive

As the retail industry turns an eye toward the end of an unprecedented shutdown, Simon's message to its tenants is a reminder that even after re...

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Chico's plans to reopen stores starting May 4
News 1 month ago
Chico's plans to reopen stores starting May 4
Source Retail Dive

With these plans, Chico's brands are among the first out of the gate to take advantage of the easing of stay-at-home restrictions that were imposed...

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S&P: Pandemic 'catastrophic' for retail
News 1 month ago
S&P: Pandemic 'catastrophic' for retail
Source Retail Dive

As the S&P analysts note, retail is "squarely in the crosshairs of the pandemic." The majority of the discretionary retail world has shuttered...

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L Brands slams Sycamore for bargaining down Victoria's Secret price
News 1 month ago
L Brands slams Sycamore for bargaining down Victoria's Secret price
Source Retail Dive

L Brands returned Sycamore's legal effort to get out of its agreement to buy Victoria's Secret with a lawsuit of its own on Thursday, saying that...

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WSJ: J.C. Penney moves closer to bankruptcy
News 1 month ago
WSJ: J.C. Penney moves closer to bankruptcy
Source Retail Dive

Penney's drift toward bankruptcy arguably started nearly a decade ago, when former Apple executive Ron Johnson joined the retailer. Under Johnson,...

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Google Shopping lets merchants list products for free
News 1 month ago
Google Shopping lets merchants list products for free
Source Retail Dive

Google's removal of product listing fees for online merchants is a positive development for mobile marketers seeking to reach shoppers through the...

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Gap Inc. says some stores will never reopen
News 1 month ago
Gap Inc. says some stores will never reopen
Source Retail Dive

In its filing, Gap Inc. thoroughly discussed the devastating impact of the COVID-19 pandemic, but warned that, even as the outbreak eases, its...

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