Strategy

The British arm of Victoria's Secret has fallen into administration, which is the equivalent of a bankruptcy proceeding in the U.S.

J.C. Penney Co. has identified the first wave of its store closures.

Private equity firm Sycamore Partners is in early talks to take J.C. Penney out of bankruptcy if the retailer’s negotiations with its creditors fail, reported Reuters.

The Kroger Co. is bringing its leading-edge automated warehouse facilities to three different regions of the U.S. 

GameStop Corp. said it expects first-quarter sales to drop by as much as a third as the majority of its stores were shuttered due to the pandemic.

Retailers who outperform their peers are more likely to see a link between customer-facing employees and sales performance.

Tuesday Morning Corp. is partnering with B. Riley Financial to help support the retailer’s reorganization through bankruptcy.

Gap Inc. swung to a $932 million net loss in its first quarter as its stores remained dark for much of the period.