April 7 - Target to spend $2B with Black-owned businesses | Mall vacancy hits a record

Target to spend over $2B with Black-owned companies by 2025

The retailer intends to add products from over 500 Black-owned businesses in several categories and launch resources to help vendors scale their operations.

Mall vacancy rate hits another record high

The mall vacancy rate hit 11.4% in the first quarter, a 90-point jump from last quarter and a 0.4% hike over last year, according to Moody's Analytics.

Game on: What makes eGaming thrive behind the scenes

Janie & Jack seeks growth overseas and online

As the premium children's brand picks up where Gap Inc. left off, and with business brisk despite the pandemic, it's also adding apparel for tweens. 

Signet acquires jewelry rental startup Rocksbox

The move, part of a recently announced growth strategy, expands the retailer beyond its largely brick-and-mortar, mall-based operations.

Gap designs fulfillment system to prioritize 'most valuable' customers

Delivery speeds will be tiered as gold, silver and bronze, which the CEO said would help manage costs.

Serta appoints new leadership, including chief commercial officer and COO

The executive shakeup supports the mattress company's transformation strategy, which places digital capabilities at the forefront.

Fashion brand owner The Collected Group files for bankruptcy

The owner of Joie, Equipment and Current/Elliott fashion brands is in Chapter 11 after the pandemic wiped out 70% of its biggest revenue channel.

UBS: More than 80K stores likely to close in the next 5 years

E-commerce growth, today's excess retail space and department store declines could push that to as many as 150,000, analysts said.

American Dream’s Owner Defaulted. That Could Cost It Revenue From Other Malls

Walmart’s Sustainability Pitch to Wall Street

Saks joins a growing list of retailers to go fur-free

Life on the minimum wage

Lena Dunham and the Spanx Liberation Movement