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Sherwin-Williams, which has long claimed to "cover the Earth" with its paints, is buying rival Valspar for about $9 billion in a move that it says will expand its reach in Asia and Europe. Sherwin-Williams said Sunday that it's paying $113 a share in cash, a 35 percent premium to the closing price of Valspar's stock…

It may be a simple matter of semantics, but brick-and-mortar retail’s fixation on “omnichannel retail” is lulling those companies into a dangerous sense of complacency because it is often misinterpreted to mean multiple channels doing their own thing, one retail consultant is warning. “I’ve watched this whole transformation going on with digital, and I’m so disappointed…

Wall Street firm Cowen & Co last year famously predicted that Amazon.com would surpass Macy’s as the top apparel retailer in the U.S. in 2017. But the department store chain’s CEO says Macy’s nearly 800 namesake stores offer it a huge advantage over Amazon, given how shoppers tend to buy the same item in multiple…

Whatever a Nordstrom customer wants, a Nordstrom customer gets. It is almost a mantra that has propelled the upscale department store chain to retail’s elite circles. So it made sense when Nordstrom, based in Seattle, announced in 2014 that it would continue to invest in e-commerce, to deliver merchandise to its customers in whichever way they…

Luxury retailer Neiman Marcus — stung by its first holiday sales decline since the Great Recession — is spreading the pain. Drowning in designer duds and accessories that it didn’t sell during the crucial shopping season, the department store chain, which also owns Bergdorf Goodman, has asked its vendors to take back merchandise or risk not…

When the news broke that Google was making a major change to the search engine results page (SERP) and removing text ads from the right-hand side (i.e., the right rail) for desktop searches, retailers and advertisers responded with quite a bit of consternation about how these changes would impact the paid search campaigns that have…

It looks like retailers around the world will be stepping up their investment in The Internet of Things over the next few years. The deployment of sensing technology, like beacons, those small radio-transmitting devices we’ve been writing about here since they were introduced, is on a big rise, according to a new study looking at the…

J.C. Penney CEO Marvin Ellison started day three of its annual store managers meeting on Wednesday talking about BS (business simplification). Just in case Penney store managers had any doubts about what they heard the day before, there was a bright red BS stamp covering old rules and titles of cumbersome reports on a screen behind…

Department store Lord & Taylor has reached a deal with the government to settle charges it deceived customers by placing ads in a magazine that looked like real articles. The Federal Trade Commission also charged Lord & Taylor, a unit of Hudson’s Bay Company , with promoting one of its collections by giving 50 fashion “influencers” the…

Amazon.com has filed a patent to allow customers to pay by selfie — but only after they do something that proves they're a real, three-dimensional person and not a photo, such as blinking or smiling. The system described in the patent uses biometric facial recognition software to confirm that the human in the picture is eligible…