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Fabric and sewing supply retailer Hancock Fabrics filed for Chapter 11 bankruptcy protection Tuesday, seeking to reorganize for the second time in nine years. Senior Vice President Dennis Lyons, in a court document, said Hancock wants to close at least 70 money-losing stores among the 250-plus stores it operates in 37 states, leaving it with "a…

CVS Health is about to undertake its biggest expansion in years: the drugstore operator has opened the first of the pharmacies it's taking over from Target. Last summer, the two companies announced that Target would sell its 1,672 pharmacies to CVS for $1.9 billion, a deal that closed in December. Those CVS “stores-within-a-store,” beginning with a…

The CEO of a huge mall operator said Amazon.com has plans to take its Seattle brick-and-mortar bookstore experiment to hundreds of locations across the country. In an earnings call with analysts, General Growth Properties CEO Sandeep Mathrani said Amazon’s goal “is to open, as I understand, 300 to 400 bookstores.” The executive was discussing how malls are…

Home Depot is hiring more than 80,000 temporary workers nationwide for its big spring push, the company said Wednesday. Unlike other retailers that go on a hiring spree around the Thanksgiving and Christmas holidays, the home improvement industry sees its greatest business when plants start growing and consumers think about lawn mowers and landscaping. More than half…

If your little one is a fan of Mattel's American Girl dolls, you may want to consider a Prime membership. Or at least make sure yours doesn't expire anytime soon. Amazon.com announced a deal with the toy maker for production of four live-action specials based on the brand's characters. What's more, the online retailer has the…

Lumber Liquidators Holdings Inc will pay about $13.2 million in fines and forfeitures to resolve a U.S. Department of Justice investigation into the import of certain flooring products in 2013, the department said. The hardwood flooring retailer's shares rose as much as 16.8 percent on Monday. Lumber Liquidators has also agreed to an organizational probation…

Dov Charney may not be where he wants to be, back at the helm of American Apparel, but that doesn't mean that he's out of the retail game. The ousted founder of the basics chain is launching his own label — and it sounds pretty familiar. His new company is a "basics brand for men…

Kroger is shaking up the way it shelves alcohol, and the booze industry isn’t happy about it. The major grocery store chain plans to hire a private distributor to oversee how it distributes shelf space to alcohol brands, according to The Wall Street Journal. That distributer, Southern Wine & Spirits, would unseat big producers like Anheuser-Busch…

Here’s something you might not know: In 1993, when Kate Valentine and Andy Spade founded the quirky fashion company, they weren’t yet married and Kate went by her maiden name, Brosnahan. The idea was to combine Kate’s first name and Andy’s last — much to Kate’s mother’s dismay. Years later, when they launched the men’s…

Birchbox Inc., a startup that sells subscriptions for personalized beauty samples, said it’s cutting 15 percent of staff and suspending operations in Canada. The cutbacks, which affect 45 people out of a staff of 300, are the latest sign that technology startups are struggling to create sustainable businesses as venture funding begins to cool.