Walmart Asia names Scott Price president and CEO

Walmart Asia operates more than 850 store units in China, Japan and India.

FEATURES


From retail palace to zombie mall: How efficiency killed the department store

About 20 percent of the 2,000 largest U.S. malls were failing in 2008, and by 2012, only 1,513 remained.

A love song to Mr. Sears and Mr. Roebuck

Sears Holdings just announced its plans to close its flagship Loop location in Chicago this April.

The JC Penney debacle: Where did Johnson go wrong?

JC Penney returns to high-low pricing, but the damage to the brand may be irreparable.

NRF: Walmart CEO's three-part plan for change

Local sourcing and a guarantee of jobs for veterans are at the core of the retail giant's 2013 strategy.

Indoor mapping gives power to retailers

In-store navigation systems appeal to retailers looking to gain shopper insight and boost customer engagement.

Minnie Mouse does the catwalk at Barneys NY (Video)

Barneys flagship store in NYC installs an eye-catching electronic window display for the holiday shopping season.

RCE Podcast episode 11: Is retail any fun anymore?

A study this week suggesting that "retail therapy" isn't a real phenomenon leads to a fascinating discussion about how we feel and how we want to be spoken to when we try on clothes … and whether shopping, for most people, is a treat or a chore.

The Walmart whale is making waves in South Africa retail

It is one thing to read about international retailing, but quite another to experience it firsthand. I've visited South Africa several times on safaris, but never to specifically focus on retailing.

JCP spurring Macy's profitability?

In his August 8, 2012 New York Post article, "Macy's profit climbs 16%," James Covert states "[Macy's] Profit rose 16% as the New York-based retailer continued to lure away shoppers confused by Penney's new pricing strategy under CEO Ron Johnson."...

When will the penny finally drop for J.C. Penney's Ron Johnson?

J.C. Penney showed a big 2Q 2012 loss, down another 23 percent, which is much bigger than expected.

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NEWS


Retail Orphan Initiative rallies retail industry for ebola relief in Liberia

#RetailFightsEbola campaign works to deliver critically needed supplies for distribution through NGO partners in Liberia that have helped reduce new cases by up to 90 percent in some hotspot areas.

Sears adding drive-thru returns and exchanges

According to the company, customers can pick up, return or exchange purchases without leaving their vehicle, with a guaranteed wait time of five minutes or less.

Target says it will 'respectfully request' shoppers not bring guns into stores [UPDATED]

For the past month, Target has had something of a PR nightmare on its hands in Texas, where the group Open Carry Texas has been meeting up and strolling the parking lots and aisles with rifles draped over their shoulders. It is legal in Texas to openly carry rifles in public, but not handguns.

Target forms new Digital Advisory Council

Target Corp. announced it has formed a Digital Advisory Council.

U.S. retail market up 2 percent in the first quarter of 2014

The U.S. retail market increased 2.28 percent year over year in Q1 2014, totaling $1.08 trillion for the quarter, according to projections from eMarketer.

Erik, Jamie Nordstrom exchange roles in Nordstrom multi-channel business

Nordstrom Inc. announced today that two executive team members, Erik Nordstrom and Jamie Nordstrom, are exchanging roles to further strengthen the company's core commitment to improving the customer experience.

Sears completes separation of Lands' End business

Sears Holdings Corporation has announced that its pro-rata spin-off of Lands' End, Inc. from Sears Holdings closed on April 4, 2014.

U.S. Olympic Committee partners with JCPenney

The United States Olympic Committee (USOC) announced it is teaming up with JCPenney as part of the retailer's charitable giving program, JCPenney Cares. Throughout the month of January, JCPenney customers can round up their in-store or jcp.com purchases to the...

JC Penney, Sears, A&F make list of 2013's worst CEOs

Fox Business has released its annual list of the worst CEOs, and three of the seven slots are reserved for retail leaders. No. 5 on the list is Eddie Lampert, the CEO and chairman of Sears, the man who "has presided over the slow and steady decline of what was once a great American retail brand," according to the article.

Photos: Barneys New York holiday window displays

The "Empire State" meets state-of-the-art display technology from Christie for a fully immersive visitor experience this holiday season at the Barneys New York flagship store in Manhattan. Inspired by music icon and native New Yorker Shawn "Jay Z" Carter, visual...

Former Target, Toys R Us exec launches advisory group

Gerald Storch, noted strategist and 30-year veteran of the retail industry, has announced the launch of Storch Advisors, a global business and management advisory firm. The U.S.-based firm will specialize in retailing, e-commerce, consumer financial services, groceries, packaged goods, and...

Sears might spin off Land's End, auto center businesses

After losing money in back-to-back quarters, Sears is suggesting that it might spin off its Land's End and auto center divisions to raise some much-needed capital. The often-snarky blog Consumerist (which is owned by Consumer Reports), notes that the money...

Macy's may break tradition and open doors on Thanksgiving

For the first time in Macy's 155-year history, certain store locations will open for business at 8 p.m. on Thanksgiving, according to a report in the Chicago Sun-Times. Five employees at Macy's flagship store in Chicago told the Sun-Times that...

Macy's Herald Square flagship now dubs as official NYC visitor center

Macy's famed flagship store is now co-branded with NYC & Company as an Official NYC Information Center, offering new services to enhance the customer experience for travelers, the retailer said in a news release. As part of the extensive renovation...

Macy's expands in-store fulfillment to 500 stores

Macy's continues to move forward with its omnichannel strategy with the announcement that it will expand its store-based fulfillment centers to 500 locations, according to a post on risnews.com. Macy's began piloting omnichannel fulfillment capabilities at 23 stores in 2011....

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Long a beloved part of the retail environment, department stores have changed with the times. What once was a weekend destination for clothes and hardware is now a lifestyle center, often with products that speak to shoppers of every demographic and age group.