Retail Stores

A bankruptcy court is giving Sears another chance, offering Chairman Eddie Lampert a deal to buy the company out of bankruptcy, reports CNBC. Lampert's hedge fund ESL Investments has until 4:00 pm on Wed., Jan. 9 to pay a $120 million deposit to save the iconic retailer. Sears Holdings rejected Lampert's original $4.4 billion bid…

Total Retail is excited to present to you its 50 Best Retail Tips of 2018! For the past several years, the Total Retail editorial team has spent time in the fourth quarter poring over the work of our expert contributors to identify the 50 very best tips of the year, and 2018 was no exception. We…

Sears Holdings has rejected Chairman Eddie Lampert’s bid to save the 126-year-old company, setting the storied retailer with more than 50,000 employees on a path to liquidation, people familiar with the situation told CNBC on Tuesday. Sears, which also owns Kmart, planned to announce its liquidation plans Tuesday morning, the people said. Lampert had put forward…

Sears Chairman Eddie Lampert has offered two options to try to keep the company afloat, a $4.4 billion plan that would save 425 locations, and a less-ambitious proposal that would keep at least 250 of the little under 700 stores the retailer had when it filed for bankruptcy in October. The primary bid, made through…

Amazon.com has plans to expand Whole Foods stores into more suburbs and other areas across the U.S., according to sources familiar with the plans, reports MarketWatch. The retailer is looking to push more of the grocery chain's stores into new areas where more rural customers can take advantage of its two-hour delivery service. Specific location…

The brick-and-mortar store is the customer touchpoint least supported by the explosion of retail technology and intelligence.

As online retailers continue to put a dent into the profits of traditional brick-and-mortar stores, it’s important for them to understand that there are inherent weaknesses in what online retailers can offer when it comes to customer experience. The most obvious difference is that using online retail sites robs the customer of the ability to…

Gymboree is shopping for a bankruptcy loan as it prepares for a second chapter 11 filing in less than two years. The bankruptcy filing, which could come as early January, would allow the struggling children’s apparel retailer to close most of its stores, the people said. However, the company is seeking a bankruptcy loan that…

Retailers are looking forward to this coming Saturday (Dec. 22), as it's shaping up to be the biggest spending day of the year. U.S. shoppers will spend an estimated $26 billion on Saturday, beating the $24 billion they spent on Black Friday, according to industry researcher Customer Growth Partners via Bloomberg. What's more, according to…

November retail sales were up 0.7 percent seasonally adjusted from October and increased 5 percent unadjusted year-over-year, completing the first half of the holiday shopping season with spending on track to easily meet the National Retail Federation’s forecast, NRF said today. The numbers exclude automobiles, gasoline stations and restaurants. NRF’s forecast predicts that holiday retail sales…