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The rapidly expanding online design shop Fab.com has just secured another $150 million from investors, which means, of course, more expansion. The e-tailer has announced ambitious plans to become one the top five e-commerce businesses in the world. "There are currently only four e-commerce companies in the world that are valued at more than $10 billion: Amazon.com, Alibaba, eBay and Rakuten," Fab Founder and CEO Jason Goldberg wrote on his blog. "We believe that Fab has a legitimate chance to be the fifth."

The time is now for retailers to meet the expectations of customers by connecting the in-store shopping experience with omnichannel capabilities. Today's digitally-empowered customers expect quick, convenient, omnichannel experiences no matter what channel they decide to shop - online, via mobile or in-store. If anything is certain, it is that customers expect store associates to have information at their fingertips, which is why many retailers are launching mobile devices in stores. Retail is facing a revolution, including new store designs, mobile technology and the use of real-time data.

Toano, Va. – Boston-based class action law firm Block & Leviton said it is investigating claims that Lumber Liquidators Holdings sold floors to consumers...

Jacksonville, Fla. – Stein Mart has named Jay Stein, its interim CEO since September 2011, as permanent CEO....

NEW YORK (TheStreet) - Bed Bath & Beyond (BBBY) Net income for the quarter was $202.5 million, down 2% from the prior year of $206.8 million, the Union, N.J.-based home furnishings and home decor...

Wantful, an online gift retailer, announced a partnership with Nordstrom to develop innovative gift giving experiences for Nordstrom customers. The first iteration of the partnership launched yesterday with The Nordstrom Gift Collection by Wantful. The Nordstrom Gift Collection, based on Wantful's popular service, offers an assortment of thousands of unique products curated by Wantful in categories from home decor to accessories to specialty food and wine. Nordstrom customers visiting the site answer a few questions about the person they're buying for, and the service helps them quickly and easily curate a customized collection of up to 12 gift choices. 

The board of directors of Men's Wearhouse today provided further comments regarding the termination of George Zimmer as executive chairman on June 19. The board stated: "Our actions were not taken to hurt George Zimmer.  Rather we were focused on what we believed to be in the best interests of Men's Wearhouse, as well as shareholders and employees. While Mr. Zimmer owns 3 ½ percent of the stock, it is our obligation to represent the interests of all shareholders."

Bentonville, Ark. - Wal-Mart Stores announced Tuesday it has completed solar projects at eight Walmart stores and two Sam's Clubs across the state of Maryland that will generate clean, renewable...

/PRNewswire/ -- The Board of Directors of Men's Wearhouse (NYSE: MW) today provided further comments regarding the termination of George Zimmer as Executive Chairman on June 19, 2013. The Board...

FRAMINGHAM, Mass. — School may be out for summer, but Staples has already released its top product picks for the 2013 back-to-school shopping season. “School supplies need to reflect students’...