Kohl’s to be more aggressive in pricing on heels of disappointing Q1Kohl’s got off to a slow start in its first quarter, reporting its worst showing in same-store sales in three years and lowering its annual earnings guidance by more than 10%. Analysis: Kohl’s feels impact of ‘more sluggish consumer economy’Kohl’s has kicked off its new fiscal year on a very somber note, with total sales down by 2.9%. Dressbarn going out of business It's closing time for a 57-year-old women's apparel chain. Footwear retailers say proposed new tariffs would be ‘catastrophic’ U.S. shoppers will end up paying more — a lot more— for footwear if the Trump Administration goes through with its latest tariff proposal. Regulatory Wrap-Up: Weekly recap of retail-related legislative developments-May 20 Paid leave legislation advances in Maine, Nevada and New Hampshire. Lowe’s acquires retail analytics platform Lowe’s Companies is looking to provide an additional kick to its tech capabilities. Walmart gives first look at its new digs Walmart is investing in an expansive new headquarters as it looks to attract “the next generation of talent.” Amazon hops pond to take on Uber Amazon is making a major investment in a fast-growing, online British food delivery startup. Chico's rejects buyout offer from Sycamore Partners The board of Chico’s FAS has unanimously rejected an unsolicited buyout proposal from Sycamore Partners. Dillard’s scales IT resources to meet customer demand A department store chain has removed unpredictability from managing its IT capacity. Fred’s closing more stores Fred’s is launching a new wave of store closures on the heels of plummeting sales in its fourth quarter. Analysis: U.S. operation is the ‘star of the show’ at Walmart Walmart has kicked off its new fiscal year with a strong set of numbers that demonstrate it is maintaining its pace of growth even as it laps tougher comparatives and as the consumer economy tightens. First Previous 1988 1989 1990 1991 1992 Next Last
