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New Look slows down ambitious Chinese expansion scheme

New Look is set to slow down its ambitious Chinese expansion scheme as it continues to undergo a CVA process in the UK. According to the Press Association, the fashion retailer is reportedly reviewing its operations in China and executive chairman Alistair McGeorge wants to row back on expansion plans implemented under former chief executive Anders Kristiansen.

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Struggling Ascena still has time for turnaround, Moody’s says

Analysts with the ratings firm think that the retailer — which runs Ann Taylor and Loft, among others — has enough liquidity and new omnichannel capabilities to compete, at least in the short run. 






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Macy’s buys Story pop-up concept

The magazine-like boutique's founder will join Macy's as an executive in charge of brand experiences across the retailer's business.






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Walmart pays out millions in exec bonuses said to be cut

A spokesperson for the retailer clarified that the cuts aren't due to take place until 2020.






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Will Walmart’s BOPIS plan tower over rivals?

Walmart is back in build-out mode. Last year, the retailer rolled out 200 Pickup Towers across its vast store fleet — and at least another 500 are on their way.






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#MeToo is hurting the Victoria’s Secret brand

Branding insights firm YouGov pins the retailer's troubles on the women's empowerment movement, but the rise of fitness and the increasing importance of fit may also be factors.






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Sears CEO Eddie Lampert’s hedge fund wants to buy Kenmore and other Sears assets

The hedge fund led by Sears Holdings CEO Eddie Lampert is proposing to buy some of the retailer's assets.






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Bon-Ton lenders pushing for liquidation prevail at auction

A bid to wind down the retailer and sell off inventory will now go to a judge for approval.






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Bon-Ton lenders pushing for liquidation prevail at auction

A bid to wind down the retailer and sell off inventory will now go to a judge for approval.






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MGA CEO makes $675M bid to save 200 US Toys R Us stores

Isaac Larian submitted a bid that would salvage 200 stores in the U.S. as well as the retailer's Canadian stores. 






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