Management

Luxury retailer Coach said Tuesday it will cut more than 300 jobs, or 2 percent of its global workforce, as part of efforts to boost efficiency. The company said it expects to incur pretax charges of $65 million to $80 million in the current quarter as part of the cost cutting, which is designed to achieve…

RadioShack has hired another chief executive to lead the slimmed-down retailer as it tries to forge a new path after bankruptcy. Dene Rogers, who previously served as CEO at Target Australia and at Sears Canada, will join the company as president and CEO on May 9, the company said today. Rogers replaces Ron Garriques, who left in January…

Stance, a maker of luxury socks, has raised $86 million. Dollar Shave Club, a grooming company that supplies subscribers with razors and moistened bathroom wipes, has amassed more than $160 million. And the Honest Co., actress Jessica Alba’s home-care brand known for its plant-based diapers, has scored $222 million. The three businesses make consumer goods, yet they’re…

The conservative American Family Association is urging its members to boycott Target Corp for the retailer's decision to allow transgender employees and customers to use bathrooms that correspond with their gender identity. The group accused Target of exposing women and girls to voyeurs and sexual predators with its restroom and dressing room policy, and said it…

Aeropostale Inc., the teen-clothing chain that has suffered years of losses, is preparing to file for bankruptcy as soon as this month, according to people familiar with the matter. The company is looking to reorganize under Chapter 11, said the people, who declined to be identified because the matter isn’t public. Aeropostale is trying to work…

Trying to cut its way to profitability, troubled Sears Holdings announced Thursday that it will close 68 Kmart and 10 Sears stores this summer in its latest move to cut losses. Sears' move comes atop a previous announcement that it will close 50 other stores. Sales have been falling and Sears had a disappointing holiday sales season.

Consumers today are demanding the highest levels of environmental responsibility and consciousness from the retailers they shop with. A recent study by Nielsen found that 55 percent of global online consumers are willing to pay more for products and services provided by companies that are committed to positive social and environmental impact. And retailers, which…

American fashion may be about to experience its biggest redefinition in decades. On Tuesday, in yet another example of the upheaval in the fashion world, Calvin Klein announced that its men’s and women’s wear creative directors of more than a decade, Italo Zucchelli and Francisco Costa, were leaving the company to facilitate a “new global creative…

The looming prospect of higher minimum wage laws in the United States, whether federal or state-by-state, is forcing retailers to consider what they can do to weather the storm and stay alive. Already concerned with squeezed profit margins — thanks to higher costs associated with online delivery, processing orders and managing a massive increase in product…

Beset by fierce online competition, a lackluster retail climate, the costs of rapid expansion and sagging profits of late, Nordstrom on Monday said it expects to lay off 350 to 400 people in a cost-cutting measure aimed at becoming more efficient. The majority of the cuts will come from its corporate headquarters in Seattle, where departments…