retail

(Nicolas Eckhart)

Kmart Victim Of Second Hack Attack In Three Years

Even with fewer stores and sales floors full of boxes, Kmart is still an attractive target for ne’er-do-wells: The retailer has found itself on the receiving end of another hack attack, just three years after its last security breach. [More]

alecm9311

Michael Kors To Close 100 to 125 Stores

Last year, Michael Kors pulled back on its department store presence and stopped accepting coupons for its merchandise in those locations in order to polish its brand and increase sales, but those changes have apparently only harmed the brand’s value. Now, the luxury accessories retailer is prepping to close at least 100 of its stores. [More]

Adam Fagen

Sales At Pottery Barn Are Falling Because Your Apartment Is Too Small

It used to be that if someone wanted to update their living room to look like it came straight from a magazine, the place to shop was Pottery Barn. But times have changed and that’s apparently not great news for the home decor retailer, who has seen sales fall along with the size of consumers’ living spaces. [More]

(joelgoodman)

Costco Is Thriving Because People Still Don’t Buy Their Toilet Paper Or Steak On Amazon

As retailer after retailer closes up shop, and big box stores like Target and Walmart put increased focus on e-commerce, Costco continues to not only stay open, but to grow, despite having virtually no online retail presence. Why? Because people aren’t yet turning to Amazon to fill up their kitchens, bathrooms, and laundry rooms. [More]

WCPO

hhgregg Stores Are Down To Mangled Stoves And Fixtures

We are in the final days of hhgregg, the bankrupt appliance, electronics, and furniture retailer, conjuring that mixture of sadness and aggressive bargain-hunting that happens at the end of any retail operation. What’s left in the stores? If the one in Cincinnati is any indication, there’s nothing left but appliances that are dented or even mangled. [More]

Christian and Noah

Pranksters Who Spent Two Days In Walmart Were Sick Of It After 35 Minutes

If the idea of spending 48 straight hours in a Walmart store sounds like 47.5 hours too many, you’re not alone. Even the two guys who pulled off that dubious accomplishment recently say they were sick of the place not long after walking in.

[More]

JeepersMedia

J. Crew CEO Says It Was A “Big Mistake” To Bank On Elitist Image

As J. Crew struggles to compete in today’s tough retail world and avoid going bankrupt like so many other brands, the company’s CEO is admitting that he wasn’t quite prepared for how its high-priced image would fail to lure customers amid competition from fast fashion retailers with cheaper clothing.. [More]

Michael Daddino

AT&T, DirecTV Workers In 36 States Walk Off Job For 3-Day Strike

AT&T customers could find it difficult to obtain help this weekend if something were to happen to their DirecTV, U-Verse, or AT&T wireless service, as AT&T union workers walked off the job today following failed contract negotiations.  [More]

Jason Mrachina

4 Things You Should Know About The Ongoing Retail Apocalypse

To say that the retail industry has been having a tough go of it in 2017 would be a huge understatement, what with scores of retailers shuttering stores or closing up completely. It’s already been a record-setting year for retail bankruptcies, and it’s not even halfway done. Sadly, the second half of 2017 doesn’t look any better. [More]

Stephanie Koljonen

Walmart Customer Tackles, Frees Deer From Pet Food Aisle

Every once in a while we hear of a wild animal heeding the call to be more human-like by wandering into an establishment that is markedly not for them — from bargain hunting beavers to a seal pup taking a booth at a restaurant. The latest case of animals going not-wild comes from Minnesota, where a deer decided to do some sampling in the pet food aisle of a local Walmart. [More]

Ryan J. Quick

Ralph Lauren Gambles On New CEO With Background In Beauty (And Laundry) Products

After the last CEO of Ralph Lauren (the clothing company) butted heads with Ralph Lauren (the man) and made a quick exit in February, the company has announced it’s taking a slightly different tack by hiring a new top executive without prior experience in the apparel business. [More]

Mike Mozart

Target Still Hopeful For Turnaround As Its Shoppers Spend Less At Store

Americans are still shopping at Target, but they aren’t buying as much as they did before. That’s a huge problem for the retailer, which claims to have some tricks up its sleeve to turn things around. [More]

(Mike Mozart)

Walmart Lowering Grocery Prices To Prep For Battle With U.S. Newcomer Lidl

Walmart is already engaged in a price war with one Germany-based discount supermarket chain, Aldi, and now it has to prep for competition from a second low-cost German grocer, Lidl, which is set to open its first U.S. stores this summer. [More]

Joe Gratz

Walmart To Pay $7.5M After Denying Spousal Benefits To Same-Sex Couples

A federal court judge has approved a $7.5 million settlement between Walmart and current and former employees who claimed that the the retailer unfairly discriminated against them by denying health benefits to their same-sex spouses. [More]

Google Maps

Rue21 Officially Becomes Latest Retailer To File For Bankruptcy

Teen-targeted retailer rue21, which had already announced plans to close 400 stores and shift its focus to its website, has become the latest retail chain to file for bankruptcy, though it hopes to remain operational. [More]

Mike Mozart

People Are Still Shopping At JCPenney… But Not For Clothes

JCPenney has been moving in on the appliance and home territory more associated with Sears or even Home Depot lately, which is helping the retailer. However, clothing sales are still JCP’s core business, and that’s proving to be a problem as shoppers simply don’t seem interesting in buying their clothes from Penney’s. [More]

Mike Mozart

The Best Macy’s Can Say About Its Future: “We’re Not Dead”

No matter how bad things get for a retailer, its execs are supposed to put on a good face and spin the bad news into something positive. So it may say a lot about Macy’s that the best line its Chief Financial Officer could muster was “We’re not dead.”  [More]

Ashley MacKinnon

Is Sephora Killing The Department Store Beauty Counter?

While mall staples and department stores continue to close their doors this year, one subset within the retail industry is enjoying higher sales and decent foot traffic: beauty products. But it’s not the traditional makeup counter inside your local department store that’s become a hot spot for customers, it’s the tech-heavy, try-before-you-buy beauty-specific stores like Sephora and Ulta.  [More]