Nordstrom
Birchbox Finds Cute Boxes Filled With Makeup Are Not Enough
As it seeks a bigger slice of America's $16 billion prestige beauty industry, Birchbox is struggling to become a full-spectrum retailer rather than just a precious peddler of monthly subscription boxes.
Michael Kors Rises After Forecast Exceeds Analysts’ Projections
Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.
PVH Jumps After Raising Full-Year Profit Forecast
PVH Corp., owner of the Calvin Klein and Tommy Hilfiger brands, jumped in late trading after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates.
Best Buy Adds to Chorus of Woes in Retail
A strong start to the year from Best Buy was overshadowed by a lengthening string of declining quarterly sales and a pessimistic outlook that added to a chorus of woes from the retail sector.
Power Moves | Jonathan Saunders to DVF, Hugo Boss Names CEO, Teen Vogue Editor Out
BoF compiles the most important professional moves of the week.
Op-Ed | How to Fix Luxury’s Alibaba Problem
Alibaba’s role in the grey market is a bigger issue than counterfeit sales, and a problem luxury brands can help fix, argue Brian Buchwald and Andrew Roth.
Why American Department Stores Are ‘Broken’
Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.
Gap CEO Says He Would Consider Using Amazon to Reach Customers
Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.
Target Names Nordstrom Exec as Chief Merchandising Officer
Target is poaching Nordstrom for its new chief merchandising officer, a crucial position and the one who determines what appears on store shelves.
Retailers Stifle US Stocks as Growth Worries Mount
The weakness plaguing consumer companies proved contagious and pushed US stocks to the longest streak of weekly declines since January’s market meltdown.