The Latest
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Saks who? Bloomingdale’s hits sales volume record
As Saks Fifth Avenue and Neiman Marcus work on their post-bankruptcy turnarounds, Macy’s Inc.’s upscale department store is taking market share.
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Sponsored by Dexory
5 reasons your retail warehouse is losing money without knowing it
Inventory inaccuracy costs retail warehouses more than they realize. Here's where to look.
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American Eagle falls flat with women, again
Q2 earnings showed strength in the namesake brand's men’s offerings, but sales remained soft with women — and Aerie carried overall growth.
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Amazon pilots ad services in ChatGPT: What marketers need to know
The managed service offering, which is in a U.S. pilot and available via Amazon DSP, comes as ChatGPT Ads recently hit a revenue milestone.
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Francesca’s Ch. 11 liquidation plan confirmed
The apparel retailer says it resolved several disputes with creditors and it did not receive other qualified bids for its IP aside from Stand Out For Good.
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Target introduces AI-powered photo search, review features
The retailer is accelerating its AI capabilities to boost personalization and product discovery.
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E-commerce to outpace overall holiday sales growth as shoppers lean on AI
The channel is expected to grow up to 8.4%, aided in part by consumers’ embrace of digital tools such as artificial intelligence, per Deloitte.
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Signet Jewelers delivers ‘quality’ quarter, raises full-year outlook
The retailer swung to a profit in Q2, extended its credit agreement and expounded on the relaunch of its core brand websites.
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Ace Hardware: ‘We’re in the business of building national brands’
The retailer introduced new ways brands can build awareness through its retail media network at its inaugural Upfront event in Chicago.
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Bed Bath & Beyond cancels deal to acquire Cabinets To Go owner
The company — now rebranded to Neighborhood Intelligence — says it determined F9 Brands couldn't satisfy closing requirements.
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Retailers bet on AI for supply chain, ‘smart’ shopping
Retailers are using AI technologies to overhaul their customer experience, supply chain and personalized shopping offerings, according to Q2 earnings calls.
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Nike, Simon Property Group dropped from S&P 100
The shift, effective Sept. 21, is mostly symbolic, especially for the mall company. But for the apparel brand it’s a fresh reminder of ongoing struggles.
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Holiday spending forecast to top $1 trillion
Inflation is expected to account for much of the increase, according to a new report from Bain & Company.
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Urban Outfitters’ Nuuly pursues more fulfillment center automation
The rental subscription service aims to launch an automated order sortation system and picking solution at its Kansas City-area facility.
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Lululemon pulls back store plans as sales plummet
Even sales of leggings fell 20% in Q2. Incoming CEO Heidi O’Neill has her work cut out for her.
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Column
The Weekly Closeout: Reebok partners with Hilary Duff and Saks Fifth Avenue launches fall campaign
The pop icon is the athletic retailer’s latest ambassador. Meanwhile, the department store, and sister brand Neiman Marcus, debuted seasonal campaigns.
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Five Below’s ‘maniacal focus’ on the customer pays off
CEO Winnie Park attributed some of its Q2 success to a shift away from traditional media spending channels last year.
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Petco loses millions due to loyalty program
When Petco Perks launched in Q2, “customer point redemption volumes far exceeded our initial projections,” CEO Joel Anderson said.
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Ulta’s use of Flock technology causes upset online
The retailer drew attention on social media this week for its use of automated license plate readers at some locations as the technology has drawn widespread public criticism.
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Amazon Prime members now get free Alexa+ access
The new perk follows a quarter of double-digit growth in Prime membership as Amazon and rivals emphasize the importance of their paid membership programs.
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How AI is powering Target’s back-to-school push
The mass retailer is utilizing AI for wish lists and recommended actions on its e-commerce site, Target’s senior vice president of technology told Retail Dive.
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Victoria’s Secret embraces nostalgia, entertainment trends
The lingerie giant has also worked to improve core product like bras, which boosted Q2 sales growth across brands, categories and channels.
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Walmart shoppers can now get Dunkin’ delivered alongside orders
The service follows a similar announcement with Subway as the retailer aims to become a contender in the restaurant delivery space.
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Dollar General deploys AI across distribution centers, stores
The retailer is using Relex Solutions’ supply chain platform to manage ordering schedules, lead times, supplier coordination and fulfillment methods.
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Untuckit acquired by Randa
The deal will provide the DTC apparel brand with capital, global sourcing and “market-leading retail relationships” to support its next phase of growth.
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Ollie’s Bargain Outlets will plow $15M into lower prices
The retailer aims to protect its low-price leadership, as Q2 comps fell in a highly competitive environment and tough consumer backdrop.