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Neiman Marcus among retailers with highest bankruptcy risk

Several metrics point to a risk of default as high as 50% for the luxury department store retailer, according to a new report from CreditRiskMonitor. 

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UPDATE: Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it borrowed another $100 million from its CEO's hedge fund. 






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UPDATE: Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it borrowed another $100 million from its CEO's hedge fund. 






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Tesco reports 1.9% rise in Christmas like-for-like sales

Tesco said on Thursday it was confident in its outlook for the full year and was firmly on track to deliver its medium-term ambitions.






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Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it also won a new loan.






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Department, discount stores drive retail job losses in weak jobs report

Department stores and general merchandisers led retail job losses for the month of December.






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Q&A: Indochino CEO Talks Expansion

Chain Store Age editor Marianne Wilson spoke with Drew Green, CEO of Indochino, about the company and its plans for the future.






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Rent-A-Center CEO resigns (again)

Mark Speese has left the top executive spot for the second time in less than five years, and the company, under activist pressure, is looking to sell itself.






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Customer Growth Partners raises holiday forecast

It’s shaping up as a happy holiday for the nation’s retailers — so much so that one retail research/consulting firm has raised its already strong seasonal sales forecast.






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Sports performance giant plants flagship flag on Fifth Avenue

Asics America Corp. opened a flagship that, for the first time in the U.S., is home to both its brands: Asics and the lesser-known Asicstiger.






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