Headlines

Fewer workers needed as online shopping grows
Looking back at retail hiring for the 2015 holiday shopping season, Challenger Gray & Christmas (Chicago) found that...
Unveils new store design
Abercrombie & Fitch (New Albany, Ohio) has opened its first store in the United Arab Emirates this week. Located in the...
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Changes merchandise strategy
International clothing retailer Uniqlo Co. Ltd. (Tokyo) has not met projected growth in the U.S. market according to...
Urged by shareholder Starboard Value
Starboard Value (New York), hedge fund and activist shareholder of Macy’s (Cincinnati), has urged the department store...
Online apparel retailer to roll into Saks Off 5th
Hudson’s Bay Co. (Toronto), parent company of Saks Fifth Avenue (New York), has acquired discount online apparel...
Investor working with founder Dov Charney
American Apparel (Los Angeles) has received a takeover bid of more than $200 million from an investor, according to the LA...
Launches pop-up classes and capsule collection
Target Corp. (Minneapolis) announced a new partnership with SoulCycle (New York), the indoor spin studio. For the event, the...
Files with SEC
Supervalu Inc. (Minneapolis) filed a plan with the Securities and Exchange Commission to take its Save-A-Lot division public...
At least 200 new stores slated to open in 2016
Pandora (Glostrup, Denmark) announced that during 2015, sales increased 40 percent. According to Reuters, revenue for the...

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