The Latest
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Nike remains the top brand among teens, but it’s losing share
Brands like New Balance, Adidas, Birkenstock and On are continuing to gain traction with Gen Z.
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Sponsored by Sezzle
4 retailer must-haves for a successful 2024 holiday season
Expect a more competitive holiday shopping season as discerning buyers will shop in a limited timeframe.
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Urban Outfitters drops prices on over 100 styles
The brand’s North American head previously acknowledged that “customers perceive us as expensive.”
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Authentic Brands Group, Saks team up on luxury joint venture
Growth of a slew of Authentic-owned labels will follow the pattern set by Barneys New York, which the brand-management firm acquired in 2019.
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Looking to replace pumpkin spice? Stop looking.
One day there may be another innovative product that hits the cultural zeitgeist, but even then experts say the fall favorite is here to stay.
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Walmart wants to create a unique homepage for each shopper
The retailer is accelerating its Adaptive Retail strategy to create immersive shopping experiences across its stores, apps and virtual environments.
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UPS prepares 5.9% rate increase starting at peak season’s end
The delivery price hike, which takes effect Dec. 23, is among several tweaks the carrier is planning over the next few months.
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Iconic outdoor retailer Orvis will lay off 8% of workforce, close stores
The 170-year-old Vermont-based retailer, known for its workwear and fishing gear, will also trim its assortment and drop its famous catalog.
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What’s the winning formula for a loyalty program?
Sephora, PetSmart and Famous Footwear operate loyalty programs that lean into data to meet customers’ interests and preferences.
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The Container Store adopts poison pill
The company announced a limited duration stockholder rights plan after a “rapid and significant” accumulation of stock by a single shareholder.
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Gap and Cult Gaia launch holiday capsule collection
The 35-piece collaboration includes both women’s and children’s pieces.
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Ulta announces third accelerator cohort
The participating brands, which span men’s cosmetics and curly hair care, will receive $50,000 each, and the chance to pitch the beauty retailer’s merchants.
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Spirit Halloween tests Christmas stores
The specialty retailer is opening 10 Spirit Christmas pop-up locations in the Northeast this fall.
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Amazon Go closes 3 NYC stores
The locations shuttered because the company “couldn’t make the economics work with the lease cost,” a spokesperson said.
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Why Home Depot is turning to DIY as its retail media network scales up
Executives at Advertising Week detailed how the home improvement retailer added a self-service offering to Orange Apron Media.
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Merit expands into the fragrance category
The beauty brand, which launched with makeup, is thinking “through the everyday experience of our customer” as it enters new categories.
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Go Global snaps up Hatch maternity brand
The label will team up with Janie and Jack, an upscale children’s apparel retailer the investment platform acquired from Gap Inc. in 2021.
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Tempur Sealy sues FTC over Mattress Firm acquisition challenge
If the overall deal goes through, Tempur Sealy would sell 176 stores to rival Mattress Warehouse and operate over 2,800 retail stores worldwide.
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Another rough year for department stores
The segment is undergoing a quiet shakeup in 2024, with major players pursuing varying degrees of change to their operations.
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Sam’s Club to open location without checkout stations
Shoppers at the digitally focused store, due to open next week in Grapevine, Texas, will need to use the retailer’s Scan & Go app to make purchases.
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NLRB hits Amazon with joint employer lawsuit, deepening drivers’ union saga
The company discriminated against unionizing employees and refused to collectively bargain with them, the board said in a complaint.
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Why Whole Foods’ Daily Shops won’t feature Just Walk Out tech
Display movement is “very restricted” when the tech is in use, a Whole Foods executive said during a store tour of the new format.
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After more than 3 decades, NRF won’t publish its annual shrink report this year
The National Retail Federation’s surveys on inventory lost to crime, errors and more have provided statistics on an issue in focus for retailers.
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Anthropologie, The Met launch collection for the holidays
The 44-piece homeware collection includes dinnerware, glassware, textiles and candles.
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Column
The Weekly Closeout: Belk unveils fresh board of directors and Finish Line to disappear
The regional department store has a new board while the athletics brand’s stores are being rebannered as JD locations.
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Instacart adds games, personalized coupons to its smart carts
The new capabilities aim to deliver benefits for brands and retailers while also driving repeated customer use of the technology.