Management

Staples said on Thursday it was closing another 70 stores in North America amid sharp sales declines in its top market and a continued pivot to business services and away from brick-and-mortar for the leading office supplies retailer. Comparable sales, which excludes the impact of newly opened or closed stores, fell 7 percent in the fourth…

A year after emerging from bankruptcy, surfwear brand Quiksilver has a new name and is reporting growth in key brands, the company said Wednesday. Boardriders, the new name of the parent company of Quiksilver, Roxy and DC Shoes, will keep its branded stores as-is while expanding on its concept Boardrider stores. The Huntington Beach, Calif.-based Quiksilver filed…

HHGregg, along with its Gregg Appliances Inc. unit, announced this week that it has filed for Chapter 11 bankruptcy. The electronics and appliance retailer made this announcement just a few days after shuttering 88 stores in 15 states. HHGregg has signed a term sheet with an anonymous party to buy the retailer's assets. The selling of…

The Grab Your Wallet campaign, which encourages shoppers to boycott retailers that sell Trump-branded merchandise, is getting a lot of attention in the media right now. The campaign, which is often referred to as a movement, was started by digital marketing specialist Shannon Coulter, who became enraged by a video that emerged last October of President…

Our coverage of Total Retail’s first annual Salary Benchmark Report continues this week as we examine what impact, if any, experience level has on the financial benefits that retails executives receive from their employers. As a reminder, the Salary Benchmark Report was produced based upon the responses to an online survey that was sent to Total Retail’s audience over a two-week…

Amid wider retail industry struggles, including store closings and layoffs, Ross Stores is pushing forward with an aggressive store expansion strategy. The off-price retailer recently opened 23 Ross Dress for Less stores and five dd's Discounts stores across 15 states in February and March. The new locations are part of Ross Stores’ plans to add…

Nordstrom is expanding its parental leave benefits for employees. As of May 1, the retailer will offer up to 12 weeks of fully paid leave to birth mothers, and up to six weeks of fully paid leave to other new parents. The company breaks it down as follows: Eligible birth mothers can receive up to 12…

Gordmans Stores Inc., a Midwestern department store chain founded more than a century ago, is preparing to file for bankruptcy, according to people familiar with the matter. The filing could come as soon as this month, said the people, who asked not to be identified because the process isn’t public. Shares of the Omaha, Nebraska-based…

RadioShack’s owner is preparing to seek bankruptcy protection for the second time in two years, according to people familiar with the matter, as the 1,500-store chain looks to further shrink to survive. Parent company General Wireless Operations Inc. is in discussions with partner Sprint Corp. and potential strategic investors about reducing the chain’s footprint and could…

J.C. Penney has a new member on its board of directors. Debora Plunkett, a former member of the U.S. National Security Agency (NSA), was appointed to the board last week. J.C. Penney also announced Colleen Barrett, president emeritus of Southwest Airlines, will retire from the board when her term concludes on May 19. Plunkett brings experience…