FINANCE

Gap not spinning off Old Navy; exec departs

Gap Inc. will remain whole.

Tailored Brands sells rights to Joseph Abboud; designer to exit

Tailored Brands is selling the Joseph Abboud trademarks to a brand acquisition firm for $115 million.

Payless ShoeSource exits bankruptcy; hints at U.S. comeback

Payless ShoeSource has emerged from bankruptcy protection with a plan to expand its global operations.

Bose in big store closing move; cites ‘dramatic’ shift online

High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint.

Target holiday sales disappoint amid weakness in electronics, toys and home

Target Corp. surprised analysts by reporting sluggish holiday sales that missed the chain’s estimates.

Sears legal dispute ends in $18 million settlement

The current and former owner of Sears have settled a lawsuit that has been dragging on for months.

Moody’s: Operating income of department stores in 2019 to be down about 20%

Another dismal year for U.S. department stores will accelerate change in 2020.

NPD Group: General merchandise holiday sales fall flat

Holiday sales for key general merchandise categories were disappointing despite a strong last-minute push.

GameStop holiday sales plummet; lowers forecast

The holiday season brought no cheer to GameStop.

Build-A-Bear Workshop lifts forecast on strong holiday sales; adding Baby Yoda to lineup

Build-A-Bear Workshop had plenty to cheer about on Tuesday.

Fast-growing home decor chain raises earnings, sales outlook

At Home expects to end its fiscal year on a high note.

Five Below ramps up store growth in 2020, revises Q4 outlook

New store openings will remain a priority for Five Below this year.

NRF Big Show: Positive outlook for 2020

The economy is positioned for steady growth this year.

Casper files to go public with eye on expansion

The online startup that pioneered the mattress-in-a-box concept and helped reenergize the entire mattress category has filed for an initial public offering.