RetailNews

J.C. Penney Announces Realignment, Tighe Exit

Reorgs are becoming standard practice in apparel retail these days. This one follows J.C. Penney's anticipated third quarter earnings miss announced last week.

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Flagship Sale, Galeria Kaufhof Offer Spark Rift Between HBC, Land & Buildings

Activist investor Land & Buildings is crying foul over Hudson’s Bay Company’s plan to sell its Lord & Taylor flagship in New York, claiming the terms of the deal undermines shareholders' best interests.

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Sears in a War of Words With the WSJ Over Portrayal of its Vendor Relationships

Add The Wall Street Journal to the list of publications that Sears Holdings says is dishing up fake news against the retailer by mischaracterizing the nature of its business and vendor relationships.

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Amazon’s Facing Pushback From Whole Foods’ Neighbors

Amazon is learning it's tough to be the new kid on the block—especially when your would-be neighbors have the power to dictate what you can and can't do.

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Amended Credit Deal Gives Bon-Ton Shares a Boost, Flexibility Through the Holidays

The Bon-Ton Stores has announced it has amended its $880 million credit facility, which will allow for immediate flexibility and “substantial” additional liquidity.

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Lord & Taylor to Become WeWork Headquarters in NYC Flagship Sale

Hudson’s Bay Company announced today that it will sell its Lord & Taylor flagship in New York to WeWork and Rhône Capital, in a move to monetize unproductive space and pay down debt.

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Report: Lord & Taylor, Walmart Prepping E-commerce Partnership

Going up against an 800-lb gorilla is a tricky prospect—especially if you’re going it alone so Walmart is wooing traditional retailers into its anti-Amazon online mall.

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Target Signs Inspectorio to Boost Transparency, Speed Through Automated Inspections

Target announced today that it will conduct factory inspections in a new way—one that allows for more speed, better quality and greater transparency—through the Inspectorio platform.

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