The Latest
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Vera Bradley CEO, CFO to depart
The company, which posted a 24% net revenue decline in the first quarter, suspended guidance and announced the creation of a strategy and transformation committee.
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How Nike CEO Elliott Hill is building out his turnaround team
Eight months in, Hill has changed leadership structures and brought in new hires. At the same time, several long-time executives have retired.
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Ashley’s new Las Vegas store is its largest in North America
The location boasts an 88,000-square-foot showroom and a 218,000 square-foot warehouse, and is meant to be a community hub.
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EBay takes live shopping on tour
The company will bring live shopping and collector-focused experiences to cities spanning the U.S. to showcase collectibles, luxury goods, sneakers and apparel.
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Deep Dive
Checkout-free payments may yet rise
Rapidly advancing AI could let cashierless payment companies succeed where Grabango failed, industry insiders and observers say.
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Trump says tariff deal with China is ‘done’
The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.
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Victoria’s Secret expects $10M hit to Q2 operating income from cybersecurity breach
Newly arrived marketing chief Elizabeth Preis has been tasked with customer acquisition as the lingerie giant continues to lose market share.
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Tracker
The running list of major retail deals
In May alone, Andie made its first acquisition, E.l.f Beauty snapped up Rhode and Skechers went private.
Updated June 9, 2025 -
Franchise Group exits Chapter 11
The company leaves bankruptcy having sold The Vitamin Shoppe, shut down American Freight and restructured its remaining banners under a new entity.
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GameStop sales drop in key categories amid ongoing strategic shift
However, the company swung to a net income in Q1 and reported an improvement in its operating loss.
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Column
The Weekly Closeout: Nike appoints innovation chief and retailers face cyberattacks
The athletics retailer filled in the role behind John Hoke, while Victoria’s Secret, Adidas and The North Face have recently reported security breaches.
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Lowe’s launches creator network to build bonds with millennials, Gen Z
Leading creator MrBeast has joined the effort, which will see the brand serve as exclusive building partner for the second season of “Beast Games.”
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Walmart debuts Sparky, its generative AI assistant for customers
Joining Wally, an AI assistant for merchants, Sparky will summarize reviews for customers and help shoppers plan purchases.
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Tariffs squeeze off-price retailers more than expected
The major players likely have greater exposure to import levies than previously thought, though their value proposition remains an advantage.
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Marks & Spencer restores some online-order operations following cyberattack
The department store chain six weeks ago was one of the first targets in an international spree of attacks disrupting retailers.
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Amazon to shutter Nevada fulfillment center in August
The previously announced closure comes as the e-commerce giant builds a same-day delivery facility in the region.
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Q&A
How Stitch Fix’s brand platform is helping drive transformation
Chief Marketing Officer Debbie Woloshin speaks about artificial intelligence and staying agile in her first interview since joining the company.
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Designer Brands pulls guidance but is ‘cautiously optimistic’ about back to school, holiday
Tariffs have scrambled supply and demand more than anticipated. But its confusing value proposition isn’t helping, one analyst says.
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Amazon delivery robots offer $7.1B annual savings opportunity: report
The tech could position Amazon retail as an AI play, according to Bank of America Securities analysts.
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Deep Dive
What went wrong at Target?
The mass merchant is looking to turn around falling sales and declining customer sentiment. But first, it needs to diagnose its own problems.
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Dr. Martens plans shift to ‘consumer-first’ mindset
After revenue fell by double digits in the latest fiscal year, the footwear brand is instituting a new growth strategy.
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Bark eyes price increases to offset tariffs
The company delivered its first adjusted EBITDA positive year, after the company “lost $58 million and burned nearly $200 million in cash” three years ago, according to its CEO.
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Column
The Weekly Closeout: Foot Locker sales fall and GameStop makes a bitcoin play
In the lead-up to its acquisition by rival Dick’s, the athletics retailer said it saw soft traffic trends. Meanwhile, the gaming retailer’s stock fell on its latest move.
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Dollar General expands home offering with celebrity brands, designers
The company is focusing on affordable prices from recognizable, national brands, including Ki by Kathy Ireland.
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For more consumers, back-to-school shopping starts now
Many parents consider this year to be “financially challenging” or “stressful,” in part due to price hikes, according to a survey.