Target is making good on a pledge it made some three years ago — and it’s doing so several months ahead of time. The discounter is  permanently raising its starting wage to $15 an hour, beginning on July 5.

Digital sales growth is just one development during the COVID-19 pandemic that Deloitte expects will continue affecting retailers and CPG companies in the long term. Deloitte's InSightsIQ, which actively monitors and aggregates a diverse set of real-time consumer, macro, marketplace, competitive

Neiman Marcus Group’s bankruptcy process is moving along. The luxury retailer, which filed for bankruptcy in early May, has received approval from the bankruptcy court to access debtor-in-possession (DIP) financing, including the immediate availability of $250 million and an additional

J.C. Penney has kicked off its first wave of store closing sales as it moves to reduce its retail footprint.

Francesca's Holdings Corp. is reeling from the impact of COVID-19.  In preliminary results for its first quarter, the accessories and apparel retailer on Thursday said that net sales fell 50% to $43.8 million.