Strategy

The owner of Saks Fifth Avenue is splitting off the luxury department store retailer’s e-commerce business into a separate entity.

A Dallas-based value optical chain is launching a flexible payment option in its stores across the nation by the end of March.

Big Lots reported a fourth-quarter profit that beat analysts’ expectations and provided an upbeat outlook for the first quarter.

Retailers are aware of sharp increases in BOPIS and curbside pickup orders, but are falling behind in their response.

The pandemic remains the largest uncertainty and the biggest risk the economy faces in 2021.

Gap Inc. reported disappointing fourth-quarter sales amid global store closures and ongoing declines at its namesake and Banana Republic brands.

The Kroger Co. reported a strong end to a strong year as Q4 digital sales soared 118%.

Joann is leveraging the surge in arts-and-crafts amid the pandemic to go public.