Fossil’s DTC business drags down sales in Q1

The accessories brand has been working to reduce its footprint, closing 28 stores in the first quarter as part of its plan to shutter 50 locations this year.

Rite Aid blames latest bankruptcy on retail operations

The drugstore retailer cites reluctant customers and recalcitrant vendors, but its crippling debt overshadows all.

Inflation expected to surge to 7.3% in a year, fueled by tariff worry

Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.

Hudson’s Bay to sell IP to Canadian Tire Corp. for over $21M

CTC views the move as “patriotic” and has bid on several of the iconic retailer’s leases.

Senate Dems push for small business tariff exemption

Under the introduced bill, duties imposed when President Donald Trump declared a national emergency would not apply to goods imported or used by small companies.

QVC Group plans reverse stock split, voluntary delisting

As a result of the reverse stock split, the company doesn’t expect it will meet the continued listing requirements of the Nasdaq Capital Market.

Dick’s to acquire Foot Locker in $2.4B deal

Analysts are not sold on the deal, which adds a struggling retailer to Dick's strong portfolio, but executives expressed confidence they could turn Foot Locker around.

Rite Aid sells upwards of 1K stores to CVS, Walgreens, others

CVS Health is one of the largest buyers, snapping up prescription files from hundreds of stores and fully acquiring 64 locations.

Walmart to pay tech company $222M over trade secret misappropriation

The decision by an Arkansas jury is the latest twist in a legal battle between the mass retailer and Zest Labs, which claims Walmart stole technology that extends produce shelf life.

TikTok Live remains top live shopping platform

Though roughly 60% of U.S. adults say they watch live shopping in general, only half of them are making purchases, a recent survey shows.

Walmart CEO: ‘Higher tariffs will result in higher prices’

The big-box retailer vows to keep those prices as low as possible and is leaning into relationships with vendors to respond to a fluctuating market.

Ikea adds more ways for loyalty members to earn, redeem points

The furniture retailer wants to enhance the value customers receive from every interaction, according to Nicole King, customer engagement & loyalty manager at Ikea U.S.

US, China agree to reduce tariff rates for 90 days

By Wednesday, the two countries will charge 10% baseline duties and remove certain retaliatory levies that pushed rates over 100%.

Ahead of summer, Target debuts 10K products with thousands priced under $20

In addition to refreshing its assortment for the warmer months ahead, the mass merchant is offering in-store events throughout June.

UK authorities warn of retail-sector risks following cyberattack spree

Three major retail brands, including Harrods and Marks & Spencer, have been targeted in recent weeks.

American Eagle Outfitters pulls guidance, writes down $75M in inventory

The preliminary Q1 results also revealed a 5% revenue decline and steep operating losses.

Church & Dwight acquires Touchland for $880M

The hand sanitizer brand, founded in 2018, has expanded its distribution to major retailers including Target, Ulta and Urban Outfitters.

FedEx, Amazon strike large-package delivery deal

The agreement comes nearly six years after FedEx let its Express and Ground shipping contracts with the e-commerce giant expire.

Peloton revenue slides 13% in Q3

Still, executives touted that the connected fitness company performed above the high end of its guidance range as it narrowed losses in the period.

Kohl’s paperwork reveals board member left due to governing concerns, lack of transparency

Emails show that Christine Day resigned from her board role due to a disagreement with the company — a disparity from a previous SEC filing. 

Mattress Firm taps AI platform to improve inventory flow

Using Invent.ai technology, the retailer will aim to upgrade demand forecasting and distribution center replenishment.

ThredUp overhauls resale service, slashes fees

The recommerce company is taking an open-source approach, eliminating fees for branded resale shops and broadening access to its partner network.

Walmart touts savings from continued automation efforts

The retailer predicts it will slash costs by more than 30% at its high-tech facilities by year's end, one executive said. 

Cold play: Toy industry faces ‘devastating’ impact from tariffs

Around 96% of American toy companies are small- and medium-sized businesses. Nearly half of them could shutter due to U.S. tariff policies.

Vince faces potential delisting

The New York Stock Exchange said the company’s market cap and stockholders’ equity had dropped below continued listing standards.