The Latest
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Deep Dive
Supply chains were made to be broken. Will the industry fix them?
All kinds of things can go wrong with long, complicated networks of firms spanning the globe and often concentrated by geography. Last year, it all went wrong.
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Sponsored by Katapult
Technical tips to help retailers get the most out of a lease-to-own partnership
Fully integrating the lease-to-own option within your website and marketing efforts allows you to maximize conversion rates.
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Chewy highlights pet services in new 'Chatty Pets' campaign
The campaign builds on last year's #ChewyChattyPets TikTok challenge and will be distributed across linear TV, YouTube, Instagram and other platforms.
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Versace plots nearly 100 new stores as young consumers flock to the brand online and off
At Capri, the iconic Italian brand and Jimmy Choo are thriving, while Michael Kors is in rehabilitation mode.
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Petco to offer pet boarding, sitting and walking through Rover
The expanded partnership builds on the services Petco already offers, like vet clinics and grooming, and further positions it as a one-stop shop for owners.
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Shipt names Target operations executive as CEO
Kamau Witherspoon will take over leadership of the delivery company from Kelly Caruso, another Target vet, who has been at the helm since early 2019.
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Party City gets an upgrade from Fitch as sales improve
After a deeply challenging 2020, the party goods supplier is climbing out of a large hole, but it still has a long way to go.
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Wish appoints former Foot Locker exec as CEO
It's the latest in a series of C-suite announcements from the company, which included a new CFO, CTO and chief product officer.
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With fresh funding in hand, Win Brands Group acquires Love Your Melon
Win's CEO Kyle Widrick talks about the company's latest acquisition and its plans for the $40 million it just raised.
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Google's retail bets pay off during topsy-turvy holidays, ad revenue tops $61B
The tech giant is eyeing more shoppable opportunities in livestreaming, while its TikTok clone YouTube Shorts enters the "super early" testing phase.
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Home Depot plans to hire over 100K workers ahead of spring season
To support the effort, the home improvement retailer is hosting a virtual hiring event on Feb. 16.
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Deep Dive
The path forward for fashion's sustainable future may be affordability
Sustainability sells, but how can retailers market around the trendy topic when eco-friendly products are often inaccessible to the average consumer?
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Walmart deepens healthcare offering with lab test partnership
The retailer will start offering more than 50 tests that customers can request online through an expanded tie-up with Quest Diagnostics.
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In Nordstrom's podcast debut, Mickey Drexler gives the retailer a piece of his mind
Chief Brand Officer Pete Nordstrom helms a lively, casual production that helps illustrate how department stores still fit into consumers' lives.
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9 things you should know about Mattress Firm's IPO filing
The retailer is heavily in debt and gave leadership $135 million in bonuses this September "in recognition of efforts made to emerge from bankruptcy."
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Pinterest adds augmented reality feature for home decor
The tech will allow users to virtually stage their homes with items from retailers including Walmart, West Elm, Wayfair and CB2.
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As 2022 kicks off, store closures are down 65%: Coresight
A slowdown in bankruptcies and a strong consumer have stemmed the tide of closures. Meanwhile, discounters have been on a building spree.
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Walmart targets shoppers, workers with new 'super app' services
The retailer's fintech startup said it will buy earned wage access facilitator Even and digital financial services company One Finance to help Walmart sell consumers a financial services "super app."
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Ralph Lauren turns to Franklin Venture Partners for tech investment strategy
The apparel retailer wants to be on the cutting edge of consumer technology and customer acquisition and invest in women-led companies.
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Sam's Club rolls out inventory-checking robots chainwide
The technology will be mounted on autonomous floor-cleaning machines already in operation in stores across the U.S.
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Column
The Weekly Closeout: Mattel wins rights to Disney Princess and Frozen lines
Hasbro hung on to Star Wars, however, and gained the rights to Indiana Jones. Meanwhile, rumors continue to swirl around a Shein IPO.
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Farfetch to acquire beauty retailer Violet Grey
The deal comes ahead of the launch of the beauty category on the Farfetch marketplace, which is scheduled for later this year.
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Parachute gets deeper into furniture, plans 30 stores by year's end
After entering the furniture category with bed frames in September, the brand is now expanding that offering with nightstands and benches.
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Podcast
The Backroom: The surprising importance of the retail middleman, with BMO Capital Markets' Simeon Siegel
The last two decades of retail disruption were supposed to mean the death of wholesale. Recent research shows that brands should think twice about that.
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Home Depot names Ted Decker CEO
Decker, the retailer's chief operating officer, succeeds Craig Menear, who's held the top spot since 2014.
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Walmart's store redesign could spell more trouble for department stores
The store includes more dynamic displays, QR codes and digital screens that "create opportunities for digital exploration," according to the retailer.