retail

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Will Any Other Big Companies Make A Bid For Whole Foods?

Although Amazon announced last week that it would be buying Whole Foods for $13.7 billion, it’s far from a done deal. And in the time it takes to complete such a large merger, there could be a few other players who decide to belly up to the table and make a bid for the grocery chain. [More]

eBay Tries To Remain Competitive With New Price-Match Guarantee

eBay Tries To Remain Competitive With New Price-Match Guarantee

As eBay has gradually shifted away from its heyday reputation as an online auction site, it’s had some trouble reminding everyday shoppers that it can still be a good place to get a deal. To promote this fact, eBay is now offering a guarantee — on some products — that it will match or beat prices found on Amazon, Walmart.com and other sites.  [More]

HerArtSheLoves

Amazon Merger “Not A Tinder Relationship” Says Gaga Whole Foods CEO John Mackey

What a difference $13.7 billion makes. Last week, Whole Foods CEO John Mackey had some choice words for investors who were urging him to sell the company, calling them “greedy bastards.” But after Amazon has announced it’s buying the grocery chain for a tidy sum, Mackey is whistling quite a different tune. [More]

Buckle

Clothing Retailer Buckle Had A 6-Month Malware Infection

Buckle is a denim-centric clothing store that sells “medium to better–priced” clothes for men and women. It may not be a household name, but there’s probably a store near you, with around 450 locations in 44 states. The chain admitted over the weekend that its payment systems were infected with malware from Oct. 2016 to April 2017, potentially compromising customers’ payment card data. [More]

Mike Mozart

JCPenney CEO: Postal Service Is Really Online Retailers’ Biggest Problem

As bricks-and-mortar retailers attempt to attract more customers and make more sales, they are increasingly courting online shoppers. But all of those two-day shipping services and other free shipping guarantees are putting pressure on delivery companies, and that could be a big problem, according to the top executive at JCPenney.  [More]

Dyanna Hyde

Kroger Slashing Prices On Milk, Eggs To Keep Up In Heated Grocery War

With foreign newcomers like Lidl and Aldi landing on our shores, and online services like Amazon creeping onto an already crowded grocery battlefield, traditional grocers are willing to do whatever they can to keep customers coming back. At Kroger, that means slashing prices on popular staples like milk and eggs, in an effort to signal to customers that their stores have the best deals on the everyday items they need. [More]

Steve

Nike Cutting Jobs, Reducing Production Of Some Products

There might be fewer styles of sneakers, sweatpants, and other Nike apparel to choose from next time you go shopping, as the athletic company makes plans to cut back on its workforce and product lines.  [More]

Mike Mozart

Your Great Finds From TJMaxx May Come From Underpaid Workers Right Here In The U.S.

While shoppers may believe that the merchandise on the shelves of their local TJMaxx, Marshalls, or other off-price store consists of castoffs from department stores, there simply isn’t enough of that kind of merchandise to keep every store filled. Instead, off-price retailers fill their racks with items that come directly from factories, and some of those factories have been linked to terrible labor practices. [More]

Michelle Reitman

Costco Launches Program To Screen Products For Troublesome Chemicals

The products dotting Costco shelves could soon be changing if manufacturers don’t ditch certain ingredients, as the warehouse store steps up its scrutiny of chemicals in products.  [More]

Some IKEA Products Are Now Available On Amazon

Some IKEA Products Are Now Available On Amazon

Well, that was fast: Not even a week after an IKEA executive said the company would start selling products online through third-party vendors sometime next year, various IKEA items have popped up for sale on Amazon. [More]

JoshBassett|Photography

Is A “Reinvented” J. Crew Catalog Enough To Keep Company Afloat?

Amid sinking sales figures, executive turmoil, and a seismic consumer shift away from traditional retail, J. Crew is staking part of its turnaround plan on… rethinking its print catalog? [More]

Ben Schumin

Retail Apocalypse Is Not All Bad News For Surviving Mall Stores

With retail chains going bankrupt or closing stores at a record pace, mall landlords have empty slots that need filling. That’s good news for the retailers who remain and are able to negotiate better deals for their mall stores. [More]

JeepersMedia

Best Buy To Offer Try-Before-You-Buy Program For Some Products

Customers who purchase expensive electronics only to return them days later has long been a bane of Best Buy and other retailers. But now the store is embracing this try-before-you-buy approach for certain products. [More]

Phillip Pessar

Gymboree Files For Bankruptcy, To Close Hundreds Of Stores

Retail-watchers have predicted the impending bankruptcy of children’s clothing store Gymboree, and the filing has finally arrived. The chain, which has 1,281 stores between its Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 chains, said in a bankruptcy court filing that it plans to close as many as 450 of its stores, but stay in business while cutting its substantial debt. [More]

Otavio

Owner of Ann Taylor, dressbarn, Lane Bryant, Maurices Could Close Up To 650 Stores

You may not know the name Ascena Retail Group, but you know the stores it owns, like Ann Taylor, dressbarn, Lane Bryant, Maurices, among others. Many of these stores could soon be closing if Ascena follows through on its proposal to shutter as many as 650 locations. [More]

Adam Fagen

Retail Apocalypse Claims 2,000 More Jobs As Hudson’s Bay Scales Back Workforce

Earlier this year it looked like Hudson’s Bay — the company behind Saks Fifth Avenue, Lord & Taylor, and Gilt — was looking to expand its footprint by way of purchasing either Macy’s or Neiman Marcus. Now, the retailer looks to be doing the opposite and cutting back by eliminating some 2,000 positions amid lower than expected sales.  [More]

Mike Mozart

Did You Ever Notice There Is No Music At Most Target Stores? That May Change

You might be swaying to the music the next time you’re pushing a cart through Target, as the retailer plans to pump music through the sound system at some stores.  [More]

Phillip Pessar

Amid Bleak Retail Landscape, Nordstrom Family May Take Company Private

Apparently, Nordstrom’s bold move to sell $425 pre-muddied jeans was somehow not enough to end the current retail industry doldrums. Now members of the Nordstrom family say they may take the company back from shareholders and go private. [More]