Wayne Meicher headed Ralph Lauren’s retail group
Seen as an attempt to build its yoga and fitness business
Talks are reportedly “in the early stages”
Move comes as retailer opens first store in China
Mark Penn, ex-political operative, to become chief strategy officer
No store closings are currently planned
Blackstone Group buys into fashion house for $287M
Only 11 locations will remain open in the U.S.
Plans are for up to 60 new restaurants internationally
Retailer looking at outside brands, other retailers’ outlets
Discounter will open in Miami and Washington in May
Online retailer hails new customers, retail insights
Teen retailer reportedly exploring its options
Speculation values the retailer at close to $5 billion
Coffee and doughnuts chain to add 800 Canadian locations, as well
British chain has seen falling market share
Dick’s Sporting Goods creates an outdoorsman’s paradise for its new Field & Stream concept
Northern operation expected to lose more than $8 billion
Part of investment will be upgrading e-commerce technology
New offer is worth about $1.8 billion