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Macy’s has a couple of real problems. It's trying to figure out who its customer is and why they shop in such different ways. The other problem is it doesn't understand millennials, who are now coming of age and have significant spending power. These young people are the future of retailing — and they clearly…

The luxury department store chain laid out its five-year plan for e-commerce and store expansion, showing how it's focused on growth rather than profits. Nordstrom and Amazon.com have a lot more in common than their hometown of Seattle. Just like Amazon, Nordstrom has been spending big on technology, warehouses and expanding into new businesses. And…

Wal-Mart is planning to test a new unlimited online shipping service this summer for $50 per year, a move that may hurt Amazon.com's annual $99 Prime shipping service. Wal-Mart's service, which will be by invitation only for now, will offer selected products on the company's website to customers within three days or less, company spokesman…

Standard General LP, which bought 1,700 RadioShack Corp. store leases in March, said it prevailed this week in an auction for the bankrupt electronics retailer’s brand name. The winning bid was $26.2 million, a spokesman for the hedge fund said Wednesday. That price also covers a trove of customer data.

The Sally Beauty chain confirmed Thursday that it's suffered its second data breach in just over two years. The beauty products seller notified customers earlier this month that it was investigating reports of unusual activity on payment cards used at some of its U.S. locations. Sally Beauty Holdings Inc. wouldn't talk about the scope of…

Swedish fast-fashion retailer H&M launched its first-ever national recruiting campaign Thursday boasting its benefits, pay and sustainability efforts as competition for retail workers has pushed companies to create more attractive workplace environments. H&M is looking to hire thousands of employees to support its rapid expansion in the U.S., which is its second-largest market behind Germany,…

In its ongoing struggle to lure web shoppers from Amazon.com, Wal-Mart has picked up a new ally: messaging startup Tango. As of Tuesday, consumers in the U.S. can shop for 2 million products — everything from apparel and jewelry to electronics — via Tango. A shopping tab will appear on the service allowing users to…

Retail sales were flat in April despite milder weather, raising doubts about whether consumers will support a pickup in economic growth this year. Economists surveyed by Action Economics expected a 0.3 percent increase. Excluding autos and gasoline, retail sales rose just 0.2 percent, less than the 0.6 percent economists expected. Consumers have been socking away much…

Wal-Mart and a host of other retailers are trying to make inroads in the mobile payments marketplace … and they're failing. One of the most interesting, least talked about wars in technology is turning into a rout. Ever since Apple launched Apple Pay last year, the iPhone maker has been waging battle against an unexpected…

Back in March, online marketplace Farfetch raised $86 million from a host of investors like Condé Nast International and DST Global, with the stated intention of expanding its presence worldwide while developing its brick-and-mortar touchpoints through its click-and-collect service. Turns out the e-commerce startup is building out its real world presence in more ways than…