The Latest
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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.
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Sponsored by Dexory
The promise retailers keep breaking (and why the data is to blame)
Inventory distortion costs retail $1.77 trillion a year. The fix isn't more counting. It's better data.
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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.
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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.
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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.
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Walmart, Wing launch drone delivery service in Florida
The offering, which will cover five Orlando-area stores, is part of an expanding partnership between the two companies.
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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.
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Retrieved from Digital Brands Group on January 03, 2024
Digital Brands Group considers sale, merger
The apparel conglomerate is undergoing a strategic review and has retained financial advisers.
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American Eagle Outfitters to open $41M North Carolina distribution center
The facility, which will service the Southeastern U.S., is expected to start operations in early 2027 and create over 200 jobs.
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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.
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NRF finds shoplifting stabilizing as online fraud grows
Phone and gift card scams, plus supply chain vulnerabilities like cargo theft, are top concerns for loss prevention specialists at over 60 major retailers, according to a report Thursday.
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Crocs tops $1B in quarterly revenue for the first time
Heydude continues to struggle, with a nearly 6% drop in revenue, and wholesale declined at both brands.
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Amazon to add supply chain facilities in New York, Texas
The e-commerce giant is in the early stages of building a distribution center in the Lone Star State while prepping a Long Island operations site.
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Kohl’s board chair exits
John Schlifske announced his retirement and director Wendy Arlin has stepped into the role.
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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.
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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.
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Amazon Prime Day details elusive as AWS takes centerstage
The company’s Q2 online store net sales grew 15%, but Amazon has pared back the public release of details on how the major sales event fared.
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Adidas apparel outshines footwear during World Cup quarter
The brand — which also announced a CFO transition — saw apparel net sales jump 34% in the second quarter.
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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.
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1 in 4 dollars spent on AI goes to waste
More than half of businesses lack a dedicated owner for AI costs, which can lead to overspend, according to a Harness report.
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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.
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Kohl’s debuts AI shopping assistant
What started as a Mother’s Day Gift Finder has evolved into a digital shopping assistant that aids with product discovery.
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Shein’s US ambitions hindered by FTC investigation, tariffs
The global e-commerce giant disclosed the investigation as it preps for a Hong Kong IPO and also noted it has been bumping prices to tackle tariff costs.
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Inside Canada Goose’s journey to reconnect with nature
Brand platform “Natural Intelligence” spotlights tornado chasers and outdoor adventures to reconnect the brand and its audience to the natural world.
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New Jersey bans dynamic pricing
The legislation also puts a one-year pause on the new adoption of electronic shelf labels by retailers while the state studies the tech.
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Vans needs a good back-to-school season more than ever
With another quarter of declines at the skate-shoe brand, it was up to The North Face and Timberland to help owner VF Corp. beat Q1 expectations.