The Latest
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Saks Global exits Chapter 11 as ‘Exemplar Luxury Group.’ Here are 5 other things it dumped along the way
The luxury retailer is starting over with a new name and fewer burdens, including less debt and a smaller footprint.
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Sponsored by Katana
Stocky is shutting down, but that’s not the real story
The end of Stocky is good news for your business. It was never meant to keep up with 95% of brands.
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Amazon’s Prime Day drives online sales in the US up 9.3%
E-commerce spend during this year’s earlier June dates reached $26.4 billion, according to Adobe data.
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Claire’s opens Illinois distribution center to boost inventory flow
The nearly 250,000-square-foot Elgin facility is equipped to reduce handling touchpoints while increasing product visibility, a spokesperson said.
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Column
The Weekly Closeout: Adidas gets into PPE, Five Below fills out C-suite
The athletics retailer debuted a safety footwear collection with Glo Brands B.V., while the discount chain hired a chief retail officer and a chief legal officer.
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Reformation’s IPO filing shows profitable DTC is possible
The brand makes 90% of its revenue from DTC, has turned a profit for years and notched 20 consecutive quarters of double-digit revenue growth.
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Consumer spending rises as inflation speeds up to three-year high
Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a quarter percentage point by the end of this year.
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Podcast
The Backroom: The weight-loss era is not just about selling clothes
Liza Amlani, principal at Retail Strategy Group, joins us to discuss how retailers and brands can successfully grapple with what she calls “fit volatility.”
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FAO Schwarz opens NYC location for the first time in 100 years — this time in Nordstrom
The toy company's second New York store is part of a broader partnership that will see FAO Schwarz products in all Nordstrom stores later this year.
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J.C. Penney, Aéropostale link loyalty programs
Customers who shop at both retailers can earn points to redeem at either one. Both companies are part of the Catalyst Brands portfolio.
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Mickey Drexler: ‘If I make a mistake, I make a mistake’
The Alex Mill chairman told CommerceNext attendees that being fired from Gap was a “nightmare” but said he now has the best job he’s ever had.
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Sephora introduces store quiet hours
The beauty retailer will lower music and screen displays during specific hours following a successful store pilot across eight markets.
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Walmart gets bullish on advertising business with Vibe.co acquisition
The retailer plans to strengthen its higher-margin advertising division through a deal to acquire the CTV tech platform.
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How retailers are thinking about omnichannel in the age of AI
The tech has offered new ways to drive traffic and manage loyalty programs, but retail is still about emotional connection, executives at Ulta, Stitch Fix and Tapestry said.
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Nike’s surprise CFO change ‘another tangible signal’ of turnaround progress
While analysts acknowledged incoming finance chief David Denton’s credentials, they also flagged his lack of activewear experience.
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Denton Harryman. (2022). "The Allbirds store in the SouthEnd district new uptown Charlotte." [Photograph]. Retrieved from Flickr.
Allbirds officially changes name, appoints new CEO
Smartbird is now an artificial intelligence infrastructure provider and Nadia Carlsten will replace Joe Vernachio as its chief executive.
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Q&A
Why Lowe’s wants content creators in its network to pitch product ideas
Marketing chief Jen Wilson explains how the home improvement retailer’s program is evolving from content to curation to creation with partners like MrBeast.
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Best Buy CFO to exit
The retailer is conducting an external search to fill the role and expects to name a successor with previous CFO experience.
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Target launches back-to-school season — and the first test of its turnaround
The retailer is debuting limited-edition collabs, savings on its loyalty program and a refreshed assortment as it competes with Amazon's Prime Day on summertime deals.
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Inflation, tax refunds push May retail sales up 6.6%
U.S. consumers kept up their spending despite putting more toward gas, though they got less for their money.
Updated June 17, 2026 -
GameStop drops CEO package, heightens focus on eBay takeover
The board approved Ryan Cohen's request to nix the performance award, reportedly valued at $35 billion, as the company focuses on the proposed deal.
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Bath & Body Works to launch at Ulta Beauty
A curated collection of products will be available at over 600 locations, and the Juniper Breeze scent will return as a limited-time exclusive for the beauty retailer.
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Dick’s, like many vacationers, is spending the summer in the Hamptons
A rotating pop-up will highlight the retailer’s private brands with curated assortments and event programming, Dick’s Vice President of Vertical Brand Marketing Aimee Watters tells Retail Dive.
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Burlington opens high-tech distribution center in Georgia
The 2 million-square-foot facility features sortation and automated systems along with custom software to increase supply chain speed and throughput.
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Target to open 11 stores in July
The retailer’s new locations — which will be in states such as California, Arizona and more — will top its average square footage.
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Column
The Weekly Closeout: Trump loves inflation and Abercrombie opens a ‘pinnacle’ store in SoHo
The President told reporters he isn’t concerned about price increases, while the apparel retailer opened the “best expression" of the brand to date.