Search Results for:

You are here

Dollar Tree to close 390 Family Dollar stores in 2019 (DLTR)
News 5 months ago
Dollar Tree to close 390 Family Dollar stores in 2019 (DLTR)

Dollar Tree announced Wednesday that it is closing as many as 390 Family Dollar stores in 2019. This follows 85 closings during the fourth quarter...

Share
Sam's Club CEO explains why it closed 6 stores last year and turned them into 'e-clubs'
News 5 months ago
Sam's Club CEO explains why it closed 6 stores last year and turned them into 'e-clubs'

Sam's Club closed 63 stores in 2018, the equivalent of about 10% of its total footprint. It has turned at least six of those closed stores into...

Share
Walmart US CEO says half his store visits make him 'grumpy' — and he's turning up the heat on managers
News 5 months ago
Walmart US CEO says half his store visits make him 'grumpy' — and he's turning up the heat on managers

Walmart US CEO Greg Foran said Wednesday that some of the company's stores are failing to meet his standards. "I get out to stores every single...

Share
Meet the Albrechts, the highly secretive heirs to the Aldi fortune, who are worth $38.8 billion, own Trader Joe's, and have kept a famously low profile for decades
News 5 months ago
Meet the Albrechts, the highly secretive heirs to the Aldi fortune, who are worth $38.8 billion, own Trader Joe's, and have kept a famously low profile for decades

After World War II, brothers Theo and Karl Albrecht found their mother's corner grocery store in Germany still standing - so they ran with it,...

Share
Walmart is eliminating one of the biggest frustrations with returns (WMT)
News 5 months ago
Walmart is eliminating one of the biggest frustrations with returns (WMT)

Walmart shoppers will soon be able to return purchases with a "customer host" located at store entrances. "You’re soon going to be able to do a...

Share
Amazon is closing all 87 of its pop-up stores, reportedly laying off all employees
News 5 months ago
Amazon is closing all 87 of its pop-up stores, reportedly laying off all employees

Amazon is closing all 87 of its pop-up stores and discontinuing the program. The retailer will instead expand its Amazon 4-star and books concepts....

Share
'Let the disruption continue': American Eagle exec says the brand is primed to capitalize on the recent wave of store closings (AEO)
News 5 months ago
'Let the disruption continue': American Eagle exec says the brand is primed to capitalize on the recent wave of store closings (AEO)

American Eagle reported Q4 2018 and full-year earnings results after market close on Wednesday. Same-store sales were up 6% for the quarter and 8%...

Share
Abercrombie soars to a 7-month high after delivering strong earnings; plans to close up to 40 stores this year (ANF)
News 5 months ago
Abercrombie soars to a 7-month high after delivering strong earnings; plans to close up to 40 stores this year (ANF)

Abercrombie & Fitch shares surged early Wednesday after the company delivered quarterly profits that topped expectations and offered robust full...

Share
One stat in Target's earnings proves stores are still the biggest defense against Amazon
News 5 months ago
One stat in Target's earnings proves stores are still the biggest defense against Amazon

Target said in its latest earnings report it fulfilled nearly three out of every four digital orders through its stores in some way, contributing...

Share
Kohl's is shrinking its stores and adding Planet Fitness gyms
News 5 months ago
Kohl's is shrinking its stores and adding Planet Fitness gyms

Kohl's is bringing Planet Fitness gyms to as many as 10 of its stores. The gyms will fill empty space next to Kohl's stores that are getting...

Share
The 7 richest retail billionaires in the world (AMZN, WMT, LVMHY, ITX)
News 5 months ago
The 7 richest retail billionaires in the world (AMZN, WMT, LVMHY, ITX)

There's a fortune to be made in retail. Forbes' 2019 ranking of the 20 richest people in the world features seven individuals who owe their...

Share
The last Blockbuster in Australia is closing down — and now there's only one store left on earth
News 5 months ago
The last Blockbuster in Australia is closing down — and now there's only one store left on earth

Blockbuster just became the loneliest franchise in the world. Blockbuster's last remaining store in Australia will shutter its doors this month,...

Share
Amazon's reported grocery plans could re-define what a 'store' is (AMZN)
News 5 months ago
Amazon's reported grocery plans could re-define what a 'store' is (AMZN)

Amazon is reportedly looking to expand its foothold in the grocery arena, according to The Wall Street Journal. Word of Amazon's plans knocked down...

Share
The retail apocalypse will claim 4,300 stores this year. Here's why mall giants aren't freaking out.
News 5 months ago
The retail apocalypse will claim 4,300 stores this year. Here's why mall giants aren't freaking out.

More than 4,300 department stores are set to close this year as the retail apocalypse rips through American retailers. Gap, JCPenney, and Victoria...

Share
Alibaba's opening an online store with Office Depot, as the 2 companies work to beat out Amazon as a 'trusted, friendly' option for American small businesses
News 5 months ago
Alibaba's opening an online store with Office Depot, as the 2 companies work to beat out Amazon as a 'trusted, friendly' option for American small businesses

Office Depot and Alibaba are launching an online store aimed at American small business owners, as well as collaborating on revamped B2B services....

Share
Amazon is opening a new grocery chain (AMZN, WF)
News 5 months ago
Amazon is opening a new grocery chain (AMZN, WF)

This is an excerpt from a story delivered exclusively to Business Insider Intelligence E-Commerce Briefing subscribers. To receive the full story...

Share
Dick's Sporting Goods used Facebook to automatically serve different ads to different people — driving $10 million in incremental sales during the holiday season
News 5 months ago
Dick's Sporting Goods used Facebook to automatically serve different ads to different people — driving $10 million in incremental sales during the holiday season

Dick's Sporting Goods used Facebook to drive 100,000 additional purchases and $10 million in incremental sales during the holiday season in 2018....

Share
Gap's Old Navy spin-off was met with praise — but risks still surround both brands (GPS)
News 5 months ago
Gap's Old Navy spin-off was met with praise — but risks still surround both brands (GPS)

Gap's announcement that its Old Navy brand would be spun off into a separate public company was met with praise on Wall Street and excitement from...

Share
More than 4,300 stores are closing in 2019 as the retail apocalypse drags on — here's the full list
News 5 months ago
More than 4,300 stores are closing in 2019 as the retail apocalypse drags on — here's the full list

More than 4,300 stores are expected to close in 2019. Gap, JCPenney, and Victoria's Secret announced more than 300 store closures over the course...

Share
Kroger bans Visa credit cards at 134 stores over 'excessive' fees that 'drive up food prices'
News 5 months ago
Kroger bans Visa credit cards at 134 stores over 'excessive' fees that 'drive up food prices'

Kroger will stop accepting Visa credit cards at its Smith's Food & Drug Stores chain starting April 3. "Visa has been misusing its position and...

Share
Amazon is reportedly launching a new line of grocery stores in major US cities (AMZN)
News 5 months ago
Amazon is reportedly launching a new line of grocery stores in major US cities (AMZN)

Amazon is launching a new brand of grocery stores, according to The Wall Street Journal. The company has already signed leases for the stores,...

Share
Green Growth Brands' CEO says he's gearing up for an M&A tear and explains the types of companies he's going after
News 5 months ago
Green Growth Brands' CEO says he's gearing up for an M&A tear and explains the types of companies he's going after

Marijuana retailer Green Growth Brands is gearing up for lots of M&A, the company's CEO Peter Horvath said in an interview with Business Insider....

Share
We visited a Victoria's Secret store on the day that it announced dozens of closures. Here's what we found.
News 5 months ago
We visited a Victoria's Secret store on the day that it announced dozens of closures. Here's what we found.

Victoria's Secret announced that it is closing 53 stores in North America this year. Its parent company, L Brands, reported fourth-quarter earnings...

Share
Here are the oldest US retailers still in business today
News 5 months ago
Here are the oldest US retailers still in business today

There are a handful of US retail stores that have been around for over 100 years. Brooks Brothers has been open for over 200 years after its humble...

Share
Marshalls is making an unprecedented change to its business after long refusing to sell online (TJX)
News 5 months ago
Marshalls is making an unprecedented change to its business after long refusing to sell online (TJX)

Marshalls is launching an e-commerce store this year. The assortment will be different online and in-store in order to prevent cannibalization of...

Share
'The Retail Doctor' says Macy's restructuring plan is not bold enough (M)
News 5 months ago
'The Retail Doctor' says Macy's restructuring plan is not bold enough (M)

Macy's on Tuesday announced it is cutting 100 management jobs as part of a restructuring plan. The restructuring plan "doesn't seem bold enough" to...

Share
Retailers are filing for bankruptcy at a staggering rate — and these 17 companies could be the next to default
News 5 months ago
Retailers are filing for bankruptcy at a staggering rate — and these 17 companies could be the next to default

Moody's Investors Service has identified 17 retailers that have the highest risk of defaulting or filing for bankruptcy. Just two months into 2019,...

Share
We went shopping at Payless 3 days after it filed for bankruptcy for the second time in 2 years — and it's clear why the store is dying
News 6 months ago
We went shopping at Payless 3 days after it filed for bankruptcy for the second time in 2 years — and it's clear why the store is dying

We visited the Payless ShoeSource location at 934 Market Street in San Francisco, California. This is one of roughly 2,500 stores in North America...

Share
Trump called Amazon's abrupt New York HQ2 cancellation a 'big loss' and blamed the 'radical left' for the outcome (AMZN)
News 6 months ago
Trump called Amazon's abrupt New York HQ2 cancellation a 'big loss' and blamed the 'radical left' for the outcome (AMZN)

President Donald Trump called Amazon's decision not to move forward with its HQ2 plans in the Long Island City neighborhood of Queens a "big loss...

Share
A Long Island City landlord has been accused of paying people to protest against Amazon after it canceled its New York HQ2 (AMZN)
News 6 months ago
A Long Island City landlord has been accused of paying people to protest against Amazon after it canceled its New York HQ2 (AMZN)

Earlier this month, a Long Island City landlord launched a protest against Amazon after it announced plans to pull its HQ2 project from Queens, New...

Share