News

With malls stymied by pandemic-related closures and bankrupted tenants, Macerich finds its cash flow limited and has hired the PJT Partners investment bank to help it deal with a $1.5 billion revolving credit facility that comes due in July.

Sephora is embarking on the largest store expansion plan in its 21-year history in the United States.

A celebrity-founded activewear retailer continues introducing new omnichannel initiatives during the COVID-19 pandemic.

Costco Wholesale will soon have one of the highest starting wages for U.S. workers in retail.

A tech-focused e-tailer is taking a novel approach to ensuring shoppers have a fair chance to purchase high-demand items.

Walmart is integrating another major e-commerce platform with Walmart Marketplace and offering a discount to new sellers.

Belk filed for bankruptcy protection with a lender-supported reorganization plan that cut its debt load by about $450 million.

Gap Inc. is investing in a new fulfillment center as it looks to double its digital sales during the next couple of years.