In the face of continued sales declines, Sears Holdings is looking to accelerate the closure of unprofitable stores, choosing to invest in other aspects of its business.
Cabela's announced the appointment of Scott Williams as president, effective immediately. Williams was previously the retailer's exec-VP and chief commercial officer. He will now add responsibility for U.S. operations and all operations in Canada, according to the company. He will report to Tommy Millner, Cabela's CEO.
Staples has received approval from European regulators for its proposed merger with Office Depot, and is pushing for the same from U.S. and Canadian agencies.
The National Retail Federation is expecting sales to grow both in-store and online in 2016, with online commerce expanding at up to three times the rate of physical stores.
Target is no stranger to exclusive products and partnerships with celebrities, and now the retailer is teaming up with Gwen Stefani for a live performance during the upcoming Grammy Awards.
Target has introduced a new gender-neutral furniture line for children. Pillowfort is set to hit stores later this month and will replace in-house brand Circo.
Kroger is set to offer a click-and-collection option at 10 Michigan stores by the end of 2016. ClickList, the brand's e-grocery service with curbside pickup, launched at one store in December and expanded to a second store this week.
Kohl's unveiled a new fashion showroom last week at 1400 Broadway in New York. Sharing a location with the retailer's design offices, the space will be used to spotlight Kohl's private and exclusive brands through press previews and parties.
Saks Off 5th will open its first New York City store on March 3, featuring a Gilt in-store shop. The partnership is another step by parent company Saks Fifth Avenue to expand its omnichannel shopping experience.
Revenue from mobile shopping grew 45 percent over the 2015 holiday season, marking a tipping point for m-commerce. According to new research from Sidecar, overall conversion climbed 31 percent to 1.66 percent.
Apple is on course to win approval to open stores in India, according to a source close to the matter. The Indian government plans to push through the retailer's application to set up outlets in the nation of 1.3 billion consumers.
Jewelry e-commerce retailer Stone & Strand opened its first brick-and-mortar location in New York City.
Aeropostale will open shops in more than 40 department stores in Thailand in the next five years, beginning on February 18 in Fashion Island Mall. Through a deal with Robinson Department Store, the U.S. teen retailer will continue its expansion across Asia through both shop-in-shops and standalone locations.
Restoration Hardware has announced it will open a new location at historic Pier 70 on San Francisco's waterfront. The Port has partnered with Pier 70 to rehabilitate the historic core, which includes eight buildings dating from 1885 that once served as the West Coast headquarters for Union Ironworks and later, Bethlehem Steel. Pier 70 is expected to open to the public in 2017.
American Apparel has emerged from Chapter 11 bankruptcy as a private company after successfully implementing a reorganization plan. The company is now known as American Apparel, LLC.