Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
department-stores
News & Analysis
The Incredible Shrinking Sears
"How a financial wizard took over a giant of American retailing, and presided over its epic decline."
The Incredible Shrinking Sears
"How a financial wizard took over a giant of American retailing, and presided over its epic decline."
Retail
4 Things American Department Stores Must Do to Survive
Drastic action must now be taken if US department stores are to avoid perishing at the hands of shifting consumer culture.
4 Things American Department Stores Must Do to Survive
Drastic action must now be taken if US department stores are to avoid perishing at the hands of shifting consumer culture.
Retail
J.C. Penney Stocks Plummet in Latest Blow to Department Store Sector
The retailer plans to shutter 140 underperforming stores, as shares drop 17 percent following second quarter results.
J.C. Penney Stocks Plummet in Latest Blow to Department Store Sector
The retailer plans to shutter 140 underperforming stores, as shares drop 17 percent following second quarter results.
Retail
Nordstrom Gains After Surprise Sales Growth Reassures Investors
The retailer's 1.7 percent sales growth, exceeding the 0.5 percent predicted by Wall Street, has renewed hope in the department-store model.
Nordstrom Gains After Surprise Sales Growth Reassures Investors
The retailer's 1.7 percent sales growth, exceeding the 0.5 percent predicted by Wall Street, has renewed hope in the department-store model.
Retail
Macy's, Kohl's Renew Fears of Department Store Slump
Shares of both retailers declined on Thursday after the quarterly results failed to assure investors that a comeback was taking hold.
Macy's, Kohl's Renew Fears of Department Store Slump
Shares of both retailers declined on Thursday after the quarterly results failed to assure investors that a comeback was taking hold.
Retail
Op-Ed | Ralph Lauren's Department Store Dilemma
Even as Ralph Lauren wants to send less merchandise to department stores, it still needs them to be healthy businesses.
Op-Ed | Ralph Lauren's Department Store Dilemma
Even as Ralph Lauren wants to send less merchandise to department stores, it still needs them to be healthy businesses.
Retail
Activist Investor Calls for Hudson's Bay to Sell Saks, Go Private
Land & Buildings Investment Management said it may call for new directors at Hudson’s Bay Co. if the company ignores its suggestions for unlocking value.
Activist Investor Calls for Hudson's Bay to Sell Saks, Go Private
Land & Buildings Investment Management said it may call for new directors at Hudson’s Bay Co. if the company ignores its suggestions for unlocking value.
Retail
Report: Nordstrom Family Offers Preferential Terms to Clinch Buyout Partner
The family's decision to offer concessions underscores the apprehension of investors over leveraged buyouts of department store chains like peer Neiman Marcus Group.
Report: Nordstrom Family Offers Preferential Terms to Clinch Buyout Partner
The family's decision to offer concessions underscores the apprehension of investors over leveraged buyouts of department store chains like peer Neiman Marcus Group.
Retail
Sears Jumps After Deal to Sell Appliances on Amazon
In addition to offering Kenmore products on Amazon, Sears will integrate its smart appliances with Alexa, so air conditioners and other devices will respond to voice commands.
Sears Jumps After Deal to Sell Appliances on Amazon
In addition to offering Kenmore products on Amazon, Sears will integrate its smart appliances with Alexa, so air conditioners and other devices will respond to voice commands.
Retail
US Retail Mall Vacancies Edge Up in Second Quarter
The national retail vacancy rate rose to 10 percent in the second quarter from 9.9 percent in the first quarter, according to a report by real estate research firm Reis Inc.
US Retail Mall Vacancies Edge Up in Second Quarter
The national retail vacancy rate rose to 10 percent in the second quarter from 9.9 percent in the first quarter, according to a report by real estate research firm Reis Inc.
Retail
Why America's Retailers Are Tapping Into Wellness For Growth
As retailers struggle to draw in shoppers who have migrated online, stores are seizing on one of the few bright spots in the industry — fitness and wellness — in hopes of engaging consumers.
Why America's Retailers Are Tapping Into Wellness For Growth
As retailers struggle to draw in shoppers who have migrated online, stores are seizing on one of the few bright spots in the industry — fitness and wellness — in hopes of engaging consumers.
Retail
Sears' Canadian Arm Heads to Court to Execute Restructuring
Sears Canada, the struggling offshoot of Sears Holdings, said it was seeking court protection from creditors in Ontario to carry out a restructuring plan.
Sears' Canadian Arm Heads to Court to Execute Restructuring
Sears Canada, the struggling offshoot of Sears Holdings, said it was seeking court protection from creditors in Ontario to carry out a restructuring plan.
The News in Brief
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.
Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.