02/09/2016 - 1:13pm

Global technology platform and payments provider PayPal Holding, Inc. has appointed VP of global payments infrastructure (GPI) Sri Shivananda as the company’s new senior VP and CTO, effective April 1.

02/09/2016 - 1:11pm

Shannon Greene, CFO of Tandy Leather Factory, was named interim CEO of the Fort Worth-based operator of more than 100 stores after CEO Jon Thompson resigned after more than two decades with the company.

02/09/2016 - 12:18pm

Old Navy, the division that has been performing the best for Gap Inc. for years, suffered a serious sales slump in the fourth quarter.

02/09/2016 - 11:46am

Strength in the furniture and mattress category during the fourth quarter wasn’t enough to help Conn’s avert same-store sales decline with each of the company’s other merchandise classifications reporting weakness.

02/09/2016 - 11:40am

Fourth quarter sales at CVS Health surged 11% to $41.1 billion, enabling the operator of nearly 10,000 stores to surpass a significant annual sales milestone.

02/09/2016 - 11:10am

Sak Off 5th's first location in New York City will feature a pop-up shop that appeals to the retailer's target market.

02/09/2016 - 11:04am

A combined 7.1% same-store sales decline at Sear and Kmart stores in the fourth quarter has parent company Sears Holdings vowing to undertake a wide range expense reduction and cash generating moves, including more store closings and asset sales.

02/08/2016 - 6:03pm

Burberry is going its own way — and it’s not alone. Reflecting the consumer’s demand for instant gratification, the high-end fashion brand is moving to a new system whereby it will show its new collections on the catwalk the same time they are available for sale in the stores — as opposed to six months beforehand, the New York Times reported. Shortly after Burberry’s announcement, designer Tom Ford said he would show both his men’s and women’s fall collections together next September, at the same time as the clothes were available to buy. [New York Times]

02/08/2016 - 4:55pm

Sally Beauty Holdings observed a major milestone recently with the opening of its 5,000th location, but the $3.8 billion Texas-based retailer has even bigger ambitions for more stores and new services as it vies for market share with mass and specialty players.