Kohl’s says a real estate sale is on the table after scrapping deal talks
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after…
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Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group, sources say
A Kohl’s store in San Rafael, Calif. Getty Images Kohl’s is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two people familiar…
Former Apple, J.C. Penney exec Ron Johnson’s Enjoy Technology files for bankruptcy months after it went public
Ron Johnson during a panel discussion at the CNBC Evolve New York event on June 19, 2019. Astrid Stawiarz | CNBC Enjoy Technology, a retail startup founded by former Apple and…
The retail industry is facing a potential wave of bankruptcies – here’s why
Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan | Getty Images The retail industry is up against a potential wave…
Franchise Group considers lowering Kohl’s bid closer to $50 a share from about $60, source says
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotiations with Franchise…
Cosmetics giant Revlon files for Chapter 11 bankruptcy protection
Daniel Acker | Bloomberg | Getty Images Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a…
Warehouse giant Prologis, a major Amazon landlord, to buy rival Duke Realty in $26 billion deal
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging…
The biggest mall owner in the U.S. hopes to create a new sales holiday as inflation surges
David Simon, chairman and chief executive officer of Simon Property Group Patrick T. Fallon | Bloomberg | Getty Images David Simon, the chief executive officer of the biggest…
Here’s why Vitamin Shoppe’s owner wants to buy Kohl’s – and what could happen next
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including the Vitamin Shoppe, Pet…
Kohl’s enters exclusive sale talks with Franchise Group
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s said Monday…
Kohl’s sale negotiations could drag on for weeks, possibly longer, amid market volatility
The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take several weeks, if not longer, for a deal to come together,…
Lululemon raises guidance for the year as earnings and sales beat expectations
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon on Thursday reported…
Levi Strauss boosts sales outlook for next five years, banking on e-commerce strength
A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Levi…
Victoria’s Secret reports better-than-expected profit but warns challenges could persist
Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Victoria’s Secret reported a quarterly profit that…
Colorful suits and bold makeup: As people splurge on dressing up again, retailers like Macy’s and Ulta are benefiting
A Nordstrom employee fixes a floral dress on a mannequin in one of the retailer’s department stores. Ben Nelms | Bloomberg | Getty Images Out with sweatpants, in with…
Gap shares fall over 15% after retailer slashes profit guidance for the year
Gap Inc. on Thursday slashed its profit guidance for the full year as it reported a decline in fiscal first-quarter sales, which were dragged down by its Old Navy business. Shares…
How to beat back rising prices with Memorial Day deals
Pants for sale at an Urban Outfitters store in Pasadena, California. Mario Anzuoni | Reuters This year’s Memorial Day sales could be key for cash-strapped Americans feeling…
Macy’s stock surges as company raises 2022 profit outlook despite uncertain retail landscape
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Macy’s on Thursday reported fiscal first-quarter…
Kohl’s stock surges on report bidders are still competing for company amid market volatility
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shares surged…
Dick’s Sporting Goods cuts outlook for the year, joining broader retail trend
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported results…
Nordstrom stock surges after company raises full-year outlook, first-quarter sales top expectations
A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images…
Allbirds to start selling its shoes in select Nordstrom department stores
Nordstrom signage outside one of the company’s full-line department stores. Tim Boyle | Getty Images News | Getty Images Allbirds will start selling its shoes in select…
Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss
Kohl’s on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the retailer faces heightened pressure from activists to…
Bold design and body positivity: Superstar Lizzo previews her new line of Fabletics shapewear
As a young girl, Lizzo tried intensely to, literally, fit in. The now-superstar would wear body girdles and skin-tight corsets to school, contorting the shape of her body — an…
New Balance bulks up manufacturing presence in U.S. amid global supply chain backlogs
New Balance has opened its fifth manufacturing space in North America. This one is in Methuen, Massachusetts. Source: New Balance While many retailers are struggling to preserve…
Wisconsin senator urges Kohl’s to reject buyout offers that threaten jobs in retailer’s home state
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might…
Nike sees signs of recovery in China, which could be a good omen for other retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of…
Nike shares rise as earnings top estimates on strong North America demand
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Monday reported earnings and sales for the…
Kohl’s confirms it has received multiple preliminary buyout offers
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Monday…
Wall Street is on watch for Nike comments on China, Russia and supply chain woes
Shoes line the shelves at the Nike store on December 21, 2021 in Miami Beach, Florida. Joe Raedle | Getty Images Nike‘s post-earnings comments Monday could be a harbinger of…