Fast Fashion Garments Pile Up in South Asia as Middle East Conflict Grounds Planes
Shipments of garments for major retailers are stranded at airports in Bangladesh and India as the conflict in the Middle East forces airlines cancel flights.
department-stores
Retail
With Gilt, Hudson’s Bay Company Bets Big on Off-Price
Nearly nine months after its acquisition of the flash-sales pioneer, president Jonathan Greller, chief merchant Kristen Sosa and HBC chief executive Jerry Storch discuss how Gilt Groupe fits into the company’s greater strategy.
With Gilt, Hudson’s Bay Company Bets Big on Off-Price
Nearly nine months after its acquisition of the flash-sales pioneer, president Jonathan Greller, chief merchant Kristen Sosa and HBC chief executive Jerry Storch discuss how Gilt Groupe fits into the company’s greater strategy.
Retail
Department Stores Battle for Manhattan
America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?
Department Stores Battle for Manhattan
America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?
Retail
Inside the Reinvention of Saks Fifth Avenue
Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?
Inside the Reinvention of Saks Fifth Avenue
Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?
Retail
A Wave of Consolidation Continues in Flash Sales Sector
Galeries Lafayette is the latest in a string of department stores investing in private sales sites as a means of strengthening omnichannel offerings.
A Wave of Consolidation Continues in Flash Sales Sector
Galeries Lafayette is the latest in a string of department stores investing in private sales sites as a means of strengthening omnichannel offerings.
Retail
Michael Kors, Ralph Lauren Hit Hard by Stores’ Discounting Binge
As retailers rely more heavily on promotions to drive traffic, Michael Kors Holdings Ltd. and Ralph Lauren Corp. have been two of the biggest victims.
Michael Kors, Ralph Lauren Hit Hard by Stores’ Discounting Binge
As retailers rely more heavily on promotions to drive traffic, Michael Kors Holdings Ltd. and Ralph Lauren Corp. have been two of the biggest victims.
Retail
Macy’s Hires Toys ‘R’ Us Executive Lennox as Marketing Chief
Macy’s Inc. hired Richard Lennox, bringing in a department-store industry newcomer to help the chain rebrand itself in a changing retail environment.
Macy’s Hires Toys ‘R’ Us Executive Lennox as Marketing Chief
Macy’s Inc. hired Richard Lennox, bringing in a department-store industry newcomer to help the chain rebrand itself in a changing retail environment.
China
Wal-Mart Steps Up Online Efforts in China as a Key to Future
Wal-Mart's tiny warehouse in eastern Shanghai doesn't look like much. But it's a key part of the company's strategy to win over grocery customers in China who are fast heading online.
Wal-Mart Steps Up Online Efforts in China as a Key to Future
Wal-Mart's tiny warehouse in eastern Shanghai doesn't look like much. But it's a key part of the company's strategy to win over grocery customers in China who are fast heading online.
Retail
Goldman Sachs Banker Flagged BHS Suitor had History of Bankruptcy
Retail tycoon Philip Green's Arcadia group was warned by a senior Goldman Sachs banker that a possible suitor of its BHS department store chain had a history of bankruptcy, MPs were told on Monday.
Goldman Sachs Banker Flagged BHS Suitor had History of Bankruptcy
Retail tycoon Philip Green's Arcadia group was warned by a senior Goldman Sachs banker that a possible suitor of its BHS department store chain had a history of bankruptcy, MPs were told on Monday.
Retail
Why American Department Stores Are ‘Broken’
Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.
Why American Department Stores Are ‘Broken’
Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.
Retail
Why Americans Aren't Shopping
Unemployment is down, gas is cheap and interest rates remain low. So why is American retail suffering?
Why Americans Aren't Shopping
Unemployment is down, gas is cheap and interest rates remain low. So why is American retail suffering?
Retail
Philip Green Hits Out at UK Pensions Regulator over BHS Sale
Retail tycoon Philip Green has said the head of Britain's Pension Regulator was "incorrect" when she told lawmakers earlier that the media reported he was selling department store BHS before he informed her.
Philip Green Hits Out at UK Pensions Regulator over BHS Sale
Retail tycoon Philip Green has said the head of Britain's Pension Regulator was "incorrect" when she told lawmakers earlier that the media reported he was selling department store BHS before he informed her.
Retail
Can American Retailers Kick Their Discounts Addiction?
Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?
Can American Retailers Kick Their Discounts Addiction?
Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?
The News in Brief
Saks Global to Shut 15 More Stores as Part of Restructuring
The luxury retailer, which filed for bankruptcy earlier this year, will close more stores as it tries to cut losses and focus on more profitable, higher-end locations.
Nike’s Latest SEC Filing Revives Converse Sale Speculation
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.