The Latest
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Simon Property Group drops effort to evict Saks Global stores behind in rent
The parties have settled a dispute that threatened to derail progress in Saks’ effort to exit bankruptcy court next month.
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Your terminal already knows what your best customers want. Are you listening?
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Bob’s Discount Furniture opens first combo store-distribution center
The retailer is monitoring the concept and may replicate it in the future, Chief Operating Officer Ramesh Murthy said.
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Carter’s interim CEO: ‘We’re in line for our refund’
Richard Westenberger said that the company has filed for around $130 million in refunds from the government due to IEEPA-related tariff charges.
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Ulta Beauty to offer products via Uber Eats
The beauty retailer has previously partnered with Instacart and DoorDash as the fast delivery market grows.
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Bed Bath & Beyond Inc. subsidiary closing Tennessee office
The Brand House Collective, formerly known as Kirkland’s Home, will close its Brentwood office — impacting 88 employees.
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Grocery shoppers are trading down to lower-priced retailers, report finds
Rather than just seeking cheaper brands, more shoppers are planning to switch retailers entirely, opting for less expensive stores, Alvarez & Marsal found.
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Consumer spending is healthy, but gas prices remain a risk
Higher-income shoppers have kept retail sales healthy, but the economic impact of the war in Iran presents an unknown, according to industry analysts.
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The image by Jelson25 is licensed under CC BY-SA 3.0
Mattel shareholder pushes company to explore sale
The investment management firm laid out scenerios where the toy company could be acquired by private equity, Hasbro or a media business.
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Column
The Weekly Closeout: ThredUp’s revenue jump and the interview that shook retail
The resale platform also saw active buyers grow, while the only thing more surprising than GameStop’s bid on eBay may have been the events that followed.
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Lee jeans up for sale in surprise Kontoor move
The company also owns Wrangler, which it says will be a $5 billion brand, and last year bought Norwegian outdoor apparel maker Helly Hansen.
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Bob’s Q1 growth defies wider sector trends
New store openings, strong comps and an expanding foothold with higher-income households helped the retailer navigate industrywide storms.
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As Gen Z embraces Coach, Tapestry raises expectations
CEO Joanne Crevoiserat described opportunity in footwear for what she ultimately sees as a $10 billion brand. Meanwhile, Kate Spade stumbled in Q3.
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Target shuffles merchandising leadership with slate of new SVPs
The mass retailer continues to revamp its leadership team as it works to regain product authority.
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The art of Macy’s Flower Show
The Chicago pop-up features hundreds of flowers — real and hand cut — and serves as the debut of a permanent work by a local artist.
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Ace Hardware releases AI assistant for store staff
Hey ARMA gives associates access to product knowledge, project advice and recommendations.
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Target’s digital chief breaks down the retailer’s creator overhaul
Sarah Travis details two new offerings designed for the social commerce boom and addresses frustration with the winddown of a prior affiliate program.
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Amazon’s latest AI feature allows shoppers to interact with product summaries
“Join the chat” enables real-time questions and answers while listening to AI-generated product summaries.
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Walmart, Costco poised to win amid unfavorable retail environment
Moody’s is maintaining a negative outlook for the industry in 2026 as high prices and dwindling consumer demand pressure retailers.
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Q&A
Carter’s chief marketer on pairing heritage with progress
The first creative under Global Chief Marketing Officer Sarah Crockett captures a universal truth of youth sports: parents around the world will eventually shout, “Wrong goal!”
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Old Navy turns to retail, entertainment vet to invigorate turnaround
Michael Francis has led marketing at Walmart, Target and Dreamworks and is now taking newly created roles at Gap Inc. and its value brand.
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Adore Me weighs on Victoria’s Secret operating income
The company reported a $120 million impairment charge related to the subbrand, with the fair values of certain Adore Me assets deemed “nominal,” per a filing.
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Column
The Weekly Closeout: Heydude sales decline and Lululemon dishes about Chip Wilson
The Crocs-owned footwear brand's sales fell 12%, while the athletics company spelled out a fraught relationship in proxy documents.
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Victoria’s Secret & Co. faces off with activist investor, again
BBRC wants shareholders to vote against reelecting two directors on the retailer’s board — a move that comes a few weeks before Victoria’s Secret’s poison pill expires.
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SEC unveils blueprint for ditching quarterly reporting
The proposal is part of the “Make IPOs Great Again” push aimed at reducing the “rigidity” of rules governing public companies, SEC Chair Paul Atkins said Tuesday.
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Podcast
The Backroom: Redefining Pacsun
Brieane Olson talks about her book, “Co-created,” and her work as a merchant and now CEO in redefining the retailer for a new generation.