Lindsey Rupp –

Pedestrians pass in front of Gap and Old Navy stores in New York's Times Square on Dec. 13, 2017.

Gap sinks after CEO of ailing flagship brand is sent packing

December 14, 2018 at 10:33 p.m.

Gap shares fell the most in 15 months after the company embarked on a search for a new leader of the flagship brand, citing shaky operations and disappointing profit growth....

High-end kitchen-and-bath retailer Pirch is closing most of its stores, including its Oak Brook location.

Pirch, a chain lauded as a retail savior, will shut most stores

June 2, 2018 at 12:18 p.m.

Pirch, a high-end appliance and kitchen chain that's been praised for its innovative retail experiences, is planning to shutter most of its locations as it overhauls operations. The business, known...

A man walks past a shop in as retailers discount prices for the Black Friday shopping event on Nov. 23, 2016.

Black Friday merchants see Americans exhaling after election

June 8, 2018 at 11:08 p.m.

Now that Election Tuesday is over, retailers are counting on Americans turning their attention to Black Friday. The National Retail Federation projects that about 137.4 million consumers will make purchases...

A customer looks at athletic apparel inside a Lululemon Athletica Inc. in Hong Kong on June 22, 2015.

Lululemon looks to get 40 percent of sales from men as chain expands

June 12, 2018 at 12:11 p.m.

Lululemon Athletica Inc. Chief Executive Officer Laurent Potdevin sees a future where almost half the company's customers are men. Helped by an expansion overseas -- where customers don't necessarily associate...

Shoppers are expected to spend more on holiday goods this year, but big retailers are going to have fight for a larger share, a Deloitte report says.

U.S. holiday sales to grow, but big chains getting smaller piece

June 13, 2018 at 10:11 p.m.

U.S. retail sales will grow about 4 percent this holiday season, buoyed by a better job market, according to a forecast by Deloitte. Still, the news isn't all good for...

A fire at the retailer's distribution center in Fishkill, New York, may create a "meaningful bottleneck" for the company, according to Wells Fargo & Co. analyst Ike Boruchow. With the holidays just a few months away, that could disrupt Gap's critical selling season, he said.

Gap’s distribution-center fire could bring holiday headaches

June 12, 2018 at 4:48 a.m.

Gap Inc.'s headaches keep coming. A fire at the retailer's distribution center in Fishkill, New York, may create a "meaningful bottleneck" for the company, according to Wells Fargo & Co....

J. Crew to sell clothes through Nordstrom as brand seeks revival

June 8, 2018 at 12:40 p.m.

J. Crew Group's flagship chain will start selling an assortment of women's clothes at Nordstrom Inc. stores, part of a push to revive growth at the moribund apparel brand. J....

People enter through the mall entrance at the J.C. Penny Co. store inside the Glendale Galleria shopping center in Glendale, California, on August 16, 2013.

J.C. Penney aims to be king of the mall as Macy’s, Sears retreat

June 9, 2018 at 10:15 a.m.

J.C. Penney Co. is in a surprising position more than four years after it was almost run aground by a former chief executive officer: It could be the last department...

View of the exterior of Claire's on North State Street in Chicago on Wednesday, April 2, 2014.

Claire’s corners bondholders with $800 million debt swap plan

June 10, 2018 at 9:01 a.m.

Claire's Stores is turning to its creditors to help it avoid becoming the latest mall chain to succumb to a mountain of debt. The tween jewelry chain that's bounced along...

Gap Chief Executive Officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com to reach customers.

Gap CEO says he’d consider using Amazon to reach customers

June 10, 2018 at 3:57 p.m.

Gap Chief Executive Officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com to reach customers. "To not be considering Amazon and others would be...

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