More From Kali Hays
Bain Capital Completes Acquisition of Online Jeweler Blue Nile
The private equity firm is joined in the $500 million purchase by Bow Street and Adama Partners.
Man Charged With Plot to Bomb Target Stores and Force Stock Drop
The U.S. Justice Department announced the arrest of a Florida man, who paid an unnamed source to plant 10…
MC Sports Files Bankruptcy With Plan to Liquidate All Stores
The Michigan-based sporting goods and apparel retailer said it's been unable to negotiate with creditors and…
Brick-and-Mortar Reign Seen Continuing Despite E-commerce Growth
E-commerce is expected to plateau around 30 percent of retail sales by 2020, leaving the rest to…
Fossil Continues Sales Slide, Looks Toward Wearables Future
The company saw global net sales fall precipitously and its operating income shrink by more than half, but is…
RetailMeNot Gift-Card Sales Rescue Revenues, But Not Income
The online discount broker scored double-digit revenue growth through a new gift-card segment, but net income…
New York & Co. Hit With $5.6M Verdict in Activewear Trademark Fight
A New York jury agreed with Reflex Performance Resources that its Velocity trademark was being infringed by a…
Investors Scold Taubman Centers for Undervalued Stock, Low Guidance
Lands & Buildings Investment Management in an open letter told company board members to reign in costs and…
J. Jill Eyes Growth Through IPO
The women's retailer said selling shares through an initial public offering will see it grow by 100 more…
Shop.co Grabs ‘Universal Cart’ Rival Zen Shopping in Acquisition
The German start-up said the acquisition is part of its mission to offer shoppers a single place to purchase…
Sears CEO, Investors Cut $40M Deal to End Store Spin-Off Suit
Investors agreed to drop claims that a lease buyback deal with a Sears- created trust benefited chief…
Alibaba Boycotting Counterfeit Complaints by ‘Malicious’ IP Agency
The Chinese e-commerce giant said Hangzhou Wangwei Technology is one of many intellectual property agencies…
The Shelves are Alive: Connected Retail Tech to Hit $94B by 2025
The Internet of Things is expected to spread aggressively through the retail market as traditional stores…
Retail Woes Tee Up More Bankruptcies This Year
With three retailers already making the move to bankruptcy this year and more rumored, Chapter 11 filings…
Artemest Raises Over $1 Million in Seed Funding
Funding for the online retailer of Italian luxury goods founded by jeweler Ippolita Rostagno was led by…