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Victoria’s Secret catalogs are about to become a thing of the past. Leslie H. Wexner, founder of Victoria’s Secret parent company L Brands, confirmed the move on Thursday during the annual meeting of shareholders at the retailer’s Columbus, Ohio headquarters. The move is part of a series of changes designed to simplify the business and accelerate growth,…

Sports Authority will close all of its 450-plus stores across the United States after the bankrupt company wasn't able to secure a buyer, according to a new court filing. The Colorado-based retailer said it intended to close or sell 140 stores in its Chapter 11 bankruptcy filing. Sports Authority, which was once the largest sporting goods store…

Gap Inc said it would shut 75 Old Navy and Banana Republic stores in overseas markets as the struggling apparel retailer focuses on North America to revive its fortunes. Shares of the San Francisco-based company were up 4.2 percent in after-hours trading on Thursday. The store closures include all its 53 Old Navy outlets in Japan, the…

TJX Companies Inc. Chief Executive Ernie Herrman said Tuesday he's considering adding thousands of brick-and-mortar locations around the globe, bucking the trend of other retailers that are busy closing stores. “Long term, we see the potential to grow to 5,600 stores with just our current chains in just our current markets alone,” Herrman said on the…

It's well known that retail sales have regular cycles that can be disrupted by external events, such as federal elections. While anecdotally it's been suggested that uncertainty around elections causes shoppers to close their wallets and purses, there appears very little evidence either domestically or globally to support the claim that an election campaign will…

Gap Inc. CEO Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com to reach customers. “To not be considering Amazon and others would be — in my view — delusional,” Peck said at the company’s annual investor meeting Tuesday in San Francisco. “We are always considering all of the opportunities beyond…

To keep up with the influx of people shopping on their smartphones, Google is updating its offerings for retailers by launching ads in Google Images and introducing local inventory features. While it's the first time Google has brought ads to the Image Search, the search engine giant has been testing them with various brands for months.…

Amazon.com plans to open new brick-and-mortar stores, CEO Jeff Bezos said this week, though he didn't say where or when they will open. As The Wall Street Journal reports, Bezos made the comments at the company's annual shareholder meeting on Tuesday, where he also outlined broad plans to expand the Amazon Prime service to include…

A federal judge has dismissed two counts in a lawsuit the Navajo Nation filed against clothing retailer Urban Outfitters Inc. U.S. District Judge Bruce Black in New Mexico says the tribe didn't show that the "Navajo" mark is famous. Black wrote Friday that few courts have found trademarks to qualify as "famous." The legal definition must be…

Macy's is emerging from a four-year, $400 million renovation of its Manhattan flagship store, adding 100,000 square feet of new retail space, a sixth-floor Italian restaurant and a floor just for millennials. (If only more of them had visited before.) The department store is struggling to figure out how to make its physical stores more…