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Retail News

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26 August

Abercrombie pairs with Zalando to go global

  • Categories Retail News
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Abercrombie & Fitch is partnering with Zalando in a deal that will make the company’s brands available in 15 European markets. Beginning this week, Abercrombie & Fitch, Hollister and abercrombie …

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24 August

Sears moves to elevate apparel offerings with fashion-forward, in-store concept

  • Categories Retail News
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Sears is piloting a concept that could breathe new life into its apparel offerings.   In an unusual move for a retailer that has not invested much in the way of …

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22 August

China topples US to become the world’s largest retail market

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In 2016, China will surpass the US to become the world’s largest retail market with total sales of $4.886 trillion, compared with $4.823 trillion in the US, according to a new report …

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22 August

Urban Outfitters looks to omnichannel to spur growth

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Here’s the good news for Urban Outfitters Inc. in the second quarter: Shoppers visited the retailer’s e-commerce sites more often than they did during the same period a year earlier …

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18 August

How J.C. Penney is making stores earn their keep

  • Categories Retail News
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J.C. Penney Co. Inc. is serious about making its e-commerce work in concert with its stores. “Omnichannel is not a catchphrase at J.C. Penney,” said CEO Marvin Ellison last week during a …

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17 August

Home Depot Profit Rises 9.3% as Americans Keep Remodeling

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Home Depot Inc., the world’s largest home-improvement retailer, posted second-quarter profit that rose 9.3 percent and boosted its earnings forecast for the year as Americans continued spending on their houses. Net …

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16 August

Kroger has a new plan that should terrify Walmart and Target

  • Categories Retail News
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Kroger is going after Target and Walmart by expanding a new type of store featuring home goods, clothing, and kitchen appliances. The store, called Kroger Marketplace, features nearly everything you …

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12 August

CVS to accept mobile payments through flagship app

  • Categories Retail News
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Why as a retailer should you go your own way with a native, branded payment app, rather than trusting one or more of a dozen different payment apps from different …

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11 August

Macy’s will close 100 stores and its shares are jumping

  • Categories Retail News
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Macy’s announced that it will close approximately 100 stores. It’s part of the company’s attempt to improve business, following six consecutive quarters of declining sales. In the most recent quarter, …

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04 August

Wegmans targets North Carolina for expansion

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A successful foray into the Tar Heel State — already targeted by The Kroger Co., Publix Inc. and others — would serve as a jumping off point for Wegmans into …

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