The Latest

  • An Ethan Allen store in Sarasota, Florida, on Jan. 11, 2022.
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    JHVEPhoto via Getty Images
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    Column

    The Weekly Closeout: Activist comes for Ethan Allen’s board, Rhode delivers for Elf

    The investor wants his nominees to replace all of the furniture retailer’s directors, while Rhode helped E.l.f. Beauty achieve nearly 40% growth.

  • Shoppers walking by an Under Armour store.
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    Cara Salpini/Retail Dive
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    Will people pay more for Under Armour?

    Flouting signs of soft demand, CEO Kevin Plank on Friday said that “consumers are going to choose Under Armour at a premium.”

  • Two people using foamy products.
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    Filings from QVC Group in the U.S. Bankruptcy Court for the Southern District of Texas

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    QVC Group exits Chapter 11, CEO steps down

    Mike George, who once led the company when it was Qurate Retail Group, has been named interim chief executive officer.

  • Hot Topic store in Aventura, Florida.
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    "Closed Hot Topic Aventura Mall" by Phillip Pessar is licensed under CC BY 1.0
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    Spirit Halloween parent company to acquire Hot Topic

    Hot Topic and its subsidiaries will continue to operate independently and will maintain their headquarters in California.

  • An American Eagle storefront at a mall
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    Cara Salpini/Retail Dive
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    Retailers — eager for cash — sell off rights to potential tariff refunds

    A secondary market has emerged for retailers, such as American Eagle Outfitters and The Children's Place, to get capital quicker by monetizing tariff refunds. 

  • Etsy in ChatGPT
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    Courtesy of Etsy
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    Etsy slashes workforce by 12%, laying off 220

    CEO Kruti Patel Goyal said neither cost cuts nor artificial intelligence drove the downsizing, but also said that “AI is changing how all of us work.”

  • The Ralph Lauren storefront in Toronto, Canada, is pictured.
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    Courtesy of Ralph Lauren Corporation
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    Ralph Lauren is on a winning streak

    The company’s revenue was up 14% in the first quarter, led by 13% growth in North America and 40% growth in China.

  • Tinashe for Express
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    Courtesy of Express
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    Express nods to its Y2K heyday in campaign that unites fashion, music

    Chief Marketing Officer Joe Berean discusses a fall effort featuring pop star Tinashe and NFL player Tee Higgins that iterates on the retailer’s “Dress to Express” platform.

  • Claire's piercing experience.
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    Courtesy of Claire's
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    Claire’s revamps iconic piercing experience

    The retailer is rolling out updated training, store displays, earrings and more as part of broader upgrades to its store service.

  • A model wears brightly colored Sundry clothing.
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    Retrieved from Digital Brands Group on January 03, 2024
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    Digital Brands Group weighs shareholder cash deal

    After announcing a strategic review earlier this week, the company received a proposal to acquire all outstanding shares of its common stock. 

  • Amazon fulfillment center
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    Ethan Miller/Getty Images via Getty Images
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    Amazon customers are embracing Alexa for Shopping

    The number of active users for the tech nearly doubled in the second quarter, with interactions up five times year over year, CEO Andy Jassy said.

  • An associate stocks a shelf at a Home Depot
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    Brandon Bell / Staff via Getty Images
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    Home Depot reshuffles leadership to accelerate tech innovation

    The company is consolidating tech teams under the leadership of its new CTO as part of this effort.

  • A Michael Kors storefront.
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    Daphne Howland/Retail Dive
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    Michael Kors a drag in Q1 as Jimmy Choo kicks revenue up 10%

    Owner Capri Holdings suffered from woes at its larger label, as total revenue fell more than 3% compared to last year, though margins and profits expanded.

  • People walking by stores and crossing the street in a city, with a small red car in a wide crosswalk.
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    Daphne Howland/Retail Dive
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    Column

    The Weekly Closeout: Macy’s disappearing billboard and Reformation’s IPO

    The department store’s iconic sign in Herald Square was taken down. Meanwhile, the apparel retailer went public on the low end of its price range.

  • The exterior of Bed Bath & Beyond's co-branded concept with The Container Store
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    Courtesy of Bed Bath & Beyond
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    Bed Bath & Beyond Inc. changes corporate name again, relocates headquarters

    The rebrand to Neighborhood Intelligence underscores the company’s ambitions to move beyond retail and into home services.

  • Barbie in the Nutcracker will release in 2026.
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    Courtesy of Mattel
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    Barbie is ready to be a ‘fashion icon’

    While Mattel is entering a new chapter with the doll, it swung to a net loss in Q2.

  • A group of people in grey sweatpants and hoodies pose inside a hair salon.
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    Courtesy of Nike
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    Why Nike is trying to reignite its sportswear business with a hoodie

    Studio Fleece, the retailer’s latest line, aims to recreate a series of wardrobe staples for women, Nike’s Jill Gonzalez told Retail Dive.

  • An exterior photo of a store with the Best Buy logo on a cloudy day.
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    Scott Olson via Getty Images
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    Best Buy picks Nordstrom alum for CFO

    Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years.

  • A group of people in Under Armour clothes sit in a living room.
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    Courtesy of Under Armour
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    Under Armour hits play on K-pop partnership

    The company named BoyNextDoor as global brand ambassadors as it works on an Asia-Pacific rollout of its Bouncy Tee line.

  • A quotation mark on a blue background.
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: How long can the consumer hang on?

    Discretionary retail sales have been surprisingly strong so far this year. The team discusses the reasons why and what that might mean for the rest of 2026.

  • A Perigold room with a staircase in the background.
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    Courtesy of Perigold
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    High-income shoppers drive revenue gains at Wayfair

    Despite continued housing market uncertainty, the company’s upscale Perigold banner experienced growth, increasing by over 35% in Q2.

    DTC
  • A GameStop location.
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    Daphne Howland/Retail Dive
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    GameStop resorts to $1.4B debt swap to preserve cash

    The retailer forged a private deal with its lenders to trade loans due in four to six years for shares of its Class A common stock.

  • A person walks alongside a shopping cart filled with groceries.
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    Will Newton via Getty Images
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    How Walmart uses AI to limit weather disruptions in its supply chain

    The retailer uses technology to determine how to reroute or position inventory before severe weather events occur.

  • A mall store with a "JC Penney" banner in white letters on a wood-paneled background.
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    Daphne Howland/Retail Dive
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    Private equity firm tries again to buy 100-plus J.C. Penney stores

    Onyx Partners, whose previous bid fell through, is offering $934 million for the properties.

  • A person wearing jeans and a sweater holds a credit card over a laptop, with a blurry holiday tree in the background.
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    Getty Images
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    As the holidays near, two-thirds of shoppers are using AI

    Consumers are looking to AI this holiday season to sift through products and search for bargains, according to Attentive.