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J.C. Penney debuts Aeropostale, Hurley in fall assortment
The department store will also carry exclusive designs from JS Jessica Simpson as it pushes forward a style and value brand position.
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Brooks Running global revenue up nearly 20% in Q2
The privately held brand is seeing sales gains, including among U.S. and Canadian customers, at a particularly volatile time for the footwear industry.
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Dillard’s notches surprise Q2 sales gain, profits dip
Revenue rose just 1%, but that surpassed analyst expectations. Is that good news for other department stores?
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Walmart adds Vietnam-to-US ocean shipping lane for sellers
Businesses using the retailer’s cross-border importing service can now ship goods from Ho Chi Minh City and Hai Phong, its first origin ports outside of China.
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After nearly a decade, Ingka Group CEO to exit
The largest Ikea franchisee has tapped longtime Ikea veteran Juvencio Maeztu to succeed Jesper Brodin, effective Nov. 5.
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Podcast
The Backroom: What’s next for Target?
Join Retail Dive reporters Daphne Howland and Dani James for a discussion about the mass retailer’s unique history, the ups and downs of its differentiation, and where it may be headed.
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US to maintain lower tariff rates on China imports for 90 more days
China also extended its suspension of additional retaliatory duties against U.S. goods, maintaining current rates until November.
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Target, Ulta to end partnership
The Ulta Beauty at Target shop-in-shop concept will cease next year as both companies shift focus to retail fundamentals.
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Wholesale, back to school propel Birkenstock in Q3
Executives called tariffs “manageable” with a mix of price hikes, production efficiency and vendor negotiations, among other moves.
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Saks Fifth Avenue taps AI for customer inquiries
The luxury retailer is building off of NLX and Amazon Web Services technology to aggregate data for customer service agents to make more informed decisions.
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Column
The Weekly Closeout: The ‘big shock’ at Crocs and a challenge for Dick’s Foot Locker deal
The foam footwear brand projects double-digit declines. Meanwhile, Sen. Elizabeth Warren asked the FTC to “closely scrutinize” the merger.
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Walmart expands 10% grocery discount for its workers
The retailer said the extension of its holiday food discount to year-round stemmed from employee feedback for simpler and more accessible perks.
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Home Depot to close Missouri distribution center
The retailer will stock inventory at other facilities following the Oct. 26 closure, which impacts 61 employees.
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Over half of holiday shoppers plan to use AI to compare prices, search for products
Consumers are shopping earlier and leveraging AI tools to find the best deals amid a holiday season clouded with economic uncertainty, per a new report.
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The Container Store chief merchant is out
Brooke Wagner was in the role for over a year and Chief Commercial Officer Martin Schumacher has assumed her duties.
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Why Claire’s is closing 700 US stores, mulling liquidation
If a buyer doesn’t come forward, and some analysts doubt any will, the retailer is prepared to wind down its operations in North America.
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Gildan Activewear to buy HanesBrands for $2.2B
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, hosiery and shirts.
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Dollar General taps Uber Eats to expand delivery
Customers can use the app to order food, beverages, personal care products, cleaning supplies and more from both the retailer and its Popshelf banner.
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Amazon brings same-day fresh grocery delivery to 1K cities and towns
The retailer will expand the service, which allows shoppers to buy perishable goods and nonfood products using a single online cart, to more than 2,300 locations by the end of 2025.
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Funko names Nike, Netflix exec CEO
Josh Simon, the third person serving in the top spot this year, joins following the company’s $41 million loss and 20% workforce reduction in Q2.
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Poshmark co-founder steps away from CEO role
After 15 years at the helm, Manish Chandra will make way for an executive from Poshmark’s parent company to step into the position.
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Funko turns to layoffs, price increases to battle tariffs
The company swung to a $41 million loss in the second quarter and saw sales plummet 22%, but forecasts an upswing in the second half of the year.
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Dick’s Sporting Goods grows bets on sports content with in-house studio
Cookie Jar & A Dream Studios follows the retailer’s Emmy-winning documentary work and arrives as others invest in original programming.
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On raises full-year outlook, shrugs off tariff impact
Currency changes challenged the Swiss brand in Q2, but net sales still rose with direct to consumer leading the way.
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Vendors say Saks Global not following through on overdue payments
CEO Marc Metrick in February acknowledged a backlog and promised outstanding invoices would be addressed beginning in July.