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Retail

Chinese Owner Plans to Sell House of Fraser Stake

Nanjing Xinjiekou plans to sell its majority stake in the troubled British department-store chain, adding to the upheaval on the UK's shopping streets.


News & Analysis

Asia's E-Commerce Boom Is Making It Harder to Track Inflation

An explosion in online shopping in Asia has policy makers scrambling to gauge its effects on their economies.


News & Analysis

L.L. Bean Raises Minimum Age for Gun Sales

The outdoor gear maker joins a list of retailers putting restrictions on firearm sales following a mass shooting at a Florida high school last month.


Retail

Society Has Changed. Victoria’s Secret Hasn’t.

The lingerie behemoth is still selling sex like it was 1999 — and new competitors more attuned to today’s cultural reality are taking market share.


News & Analysis

Fosun Acquires Majority Stake in Wolford

The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.


Workplace & Talent

Why Burberry Chose Riccardo Tisci

The former Givenchy creative director will succeed Christopher Bailey.


Retail

Op-Ed | Macy's Should Unleash Its Secret Weapon

Executives do little to tout the Bluemercury cosmetics brand, though it's well-suited for retail's future.


News & Analysis

Dick's Sporting Goods Will Stop Selling Assault-Style Rifles

One of the largest outdoor-gear retailers in the US is immediately ending sales of assault-style rifles in stores.


Retail

Walmart Launches New Private-Label Clothing Brands

The world's largest retailer is unveiling four new lines for women, men and children as it attempts to shed its just-basics image and compete with Target and Amazon.


Retail

Macy's Posts First Sales Gain in Three Years

The department store chain's quarterly sales gain shows it's making progress.