Victoria’s Secret to close 23% of its North American stores
Victoria's Secret said it will close 251 stores in North America by the end of this year. That's roughly 23% of its store fleet. More...
Amy Poehler invented Galentine’s Day, now retailers are seizing on it WATCH
Move over, Valentine. Celebrations like Galentine’s Day are on the rise, and consumers are increasingly marking Feb. 14 by spending money on friends — in...
Amazon gain leads S&P 500 after reporting ‘record’ holiday sales
Amazon.com's stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was "record breaking," with...
Retail apocalypse gives more women a shot as CEO
Turmoil in the industry has sparked a brutal turnover rate for executives and opened the door for an unusually strong pipeline of female candidates who...
Penney’s first woman CEO says her turnaround will be the one to work
Jill Soltau is betting on the in-store experience to keep department stores relevant in an increasingly e-commerce world.
Back-to-school spending will rise 9% and Prime Day is the reason
Retailers are using Amazon's mid-summer Prime Day as the starting signal for their back-to-school promotions. This year, Prime Day will run over 48 hours starting...
Nordstrom sets October opening for New York flagship store
has set a date for the opening of its Manhattan flagship location as construction continues on the department-store chain's biggest-ever bet. The retailer plans to...
Macy’s holiday troubles are giving retail investors 2019 jitters
When the dust settles on the 2018 holiday-shopping season, it might still look like the spending boom many expected. But in the meantime, early results...
Department stores and apparel retailers, worst-performing industry of 2019, will need to shrink
Department stores were the worst sector on the S&P 500 this year, and Macy's and Gap, along with Kohl's, L Brands and Nordstrom, were among...
Company behind ‘Fearless Girl’ statue settles gender pay dispute
State Street Corp., which installed the “Fearless Girl” statue on Wall Street to point out the lack of women on corporate boards, has agreed to...