More than 30 employees signed a letter to American Apparel’s board in support of Dov Charney, who was officially fired Dec. 16. The letter, in full, is below.
The decision to fully boot Charney, who was still working for American Apparel as a paid consultant, comes after an internal investigation. The board suspended him earlier this year.
Gary Friedman, Restoration Hardware’s chairman and CEO, filmed an unusual video for Wall Street yesterday.
Hinge, the fast-growing mobile dating app that looks to connect friends of friends (and their friends), just raised a fresh $12 million to expand.
The struggling teen brand’s CEO laid out his thoughts on how to rehabilitate the company yesterday, saying Aeropostale is the uniform teens wear to feel cool.
The company has been testing putting outposts of its kids clothing chain in stores meant for teens and adults. Critics question whether it’ll interfere with its other strategy of attracting college-age shoppers.
“I don’t think I got that email.”
Early start times and heavy discounts didn’t compel the same crowds as in the past. The flop raises questions about the value of store openings on a cherished national holiday.
Old Navy is open for 31 straight hours this Black Friday. The only way to truly understand the reality of a 31-hour workday is to dive in at its darkest hour. So I did.
The most successful animated film of all time will result in hundreds of millions in sales for retailers. It could even knock Pokémon from its two-decade stint as the king of all kids.
President Obama’s executive actions don’t change the fact that thousands enter the country every year. And that means good business for companies like B.I. — which sells GPS trackers.
The sales really take place on Thanksgiving and Saturday now. But do you really want to go shopping on Thanksgiving?
The chain, a “revenge retail” project by Tory Burch’s ex-husband Christopher, is closing up to 20 of its 32 locations and transitioning into a wholesale brand, BuzzFeed News has learned.
Gap’s soon-to-be CEO acknowledged the campaign is a “work in process,” but the company is “really excited about elements of it.”
In his first interview since being tapped as Gap Inc.’s new CEO, Art Peck tells BuzzFeed News the company is facing the biggest change in retail since the rush to the suburbs and rise of big-box stores in the 1950s and 60s.
The retailer says it has a whole new kind of Black Friday — five days of deals. It’s a move away from the late-night stampedes and #WalmartFights.
Do these people look familiar?
Mike Jeffries, who built up Abercombie’s sex-meets-Ivy League aesthetic in the 90s, is the focus of a shareholder lawsuit claiming poor governance at the fashion chain.
More than 13 years after the Sept. 11, 2001, terrorist attacks, Conde Nast will begin moving in to the new One World Trade Center.
So long, and thanks for all the maxi skirts. The teen retailer is performing horribly by every measure, and soon could be delisted from the Nasdaq.
The social network says it is best equipped to get users to buy certain products this holiday season.
After months of sluggish sales, the company is offering huge discounts to clear out its fall line. Wall Street analysts say the clothes are simply too drab to drive purchases.
As incomes stagnate or fall for the majority of Americans, a store where everything costs $5 or less is booming. Its promise? “A store that every kid in America could afford.”
Marvin Ellison was executive vice president of stores at Home Depot and spent years at Target prior to that. There are currently just six black CEOs leading Fortune 500 companies.
The company is opening a brick-and-mortar store of sorts in New York City, reports The Wall Street Journal. It’s not clear whether it’ll be a hub for online orders or display its own goods.
Gap has had a decent past two-and-a-half years. The retirement of Glenn Murphy, 52, comes as a surprise.
Only a year ago the retailer was facing talk of bankruptcy, but today, it said it’s back on track. And importantly, it has no plans for store closures — a relief for its employees.
The move will affect 2% of the company’s U.S. workforce, Walmart said on its blog today. Walmart is the nation’s largest employer.
More retailers are getting in on same-day delivery this holiday season. The economics of the business finally make sense, experts tell BuzzFeed News.