Retail News

Hot Topic To Acquire ThinkGeek (May 27, 2015): Hot Topic is acquiring Geeknet, Inc., the parent comapny of ThinkGeek

Trader Joe's Tops Grocery Store Survey for Third Consecutive Year (May 26, 2015): Trader Joe's is the top grocery store in the U.S. for the third straight year according to a Market Force Information survey.

Reese Witherspoon Launches Draper James Lifestyle Brand (May 25, 2015): Reese Witherspoon has launched the Draper James retail brand. The brand is named after her grandparents.

Ascena Retail Group to Acquire Ann Taylor (May 19, 2015): The Ascena Retail Group has acquired Ann Taylor for $2.15 billion.

SNL Skewers QVC and Celebrity Fashion Designers (April 12, 2015): SNL did a hilarious sketch about QVC, it's celebrities turned designers and all the recent shipping snafus that have customers complaining. Taraji P. Henson is the chirpy host.

Women's Clothing Retailer Cache is Liquidating and Closing All Stores (March 12, 2015): Cache is liquidating and closing all of its stores. Going out of business sales are underway.

RadioShack to Close and Sell Stores After Filing for Bankruptcy (February 6, 2015): RadioShack has filed for Chapter 11 bankruptcy protection. It will sell 1,500 to 2,400 stores and close the remainder of its 4,000 stores.

Staples to Acquire Office Depot in $6 Billion Deal (February 4, 2015): Staples has announced it will acquire Office Depot in a deal valued at $6.3 billion. The deal follows Office Depot's acquisition of OfficeMax.

Kate Spade Closing Kate Spade Saturday and Jack Spade Stores (February 2, 2015): Kate Spade is closing its Kate Spade Saturday and Jacke Spade stores. The Saturday business will become a label of Kate Spade.

Gap to Close Piperlime Brand (January 24, 2015): Gap has announced plans to shutter its Piperlime brand. The website and store will be shut down by the end of April.

SkyMall Files for Bankruptcy Protection (January 23, 2015): SkyMall's parent company Xhibt has filed for bankruptcy protection. The catalog is known for its gadgets and unique items.

Body Central Clothing Chain to Close All Stores (January 10, 2015): The Body Central clothing chain is closing all its stores and firing 2,500 employees.

Wet Seal to Close 338 Stores (January 8, 2015): Wet Seal is closing 338 stores and cutting 3,695 jobs.

C. Wonder to Close All Stores (January 7, 2015): C. Wonder is closing all of its stores. The retail chain was founded by Chris Burch.

UPS Celebrates National Returns Day (December 30, 2014): Four million unwanted gifts will be returned this year, according to UPS. National Returns Day is January 6, 2015.