Amazon touts AI upgrades for forecasting, deliveries and robotics

The advancements will help customers get their orders faster and increase product availability, the company said.

Sam’s Club offers temporary price cuts on 1K products

The retailer is dropping prices on select summer items through July 22 as its parent company, Walmart, warns tariffs could raise prices.

Tailored Brands taps former J.C. Penney merchant John Tighe as CEO

Peter Sachse will become executive chairman of the board as a result and said the planned succession is a hallmark of a strong organization.

Investor slams Victoria’s Secret ‘super squad’ leadership as inexperienced, ineffectual

Barington Capital wants the Angels back and says CEO Hillary Super lacks focus. The retailer says it’s confident in its “new and experienced leadership.”

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.

Amazon’s Andy Jassy warns of job cuts due to generative AI

The CEO told employees in a letter to embrace the change the tech presents in order to remain competitive within the company.

Hasbro cuts 3% of workforce

The toy company has been undergoing a turnaround effort, which includes a $1 billion cost-savings objective.

JD Sports opens Las Vegas flagship

The nearly 29,000-square-foot location builds on the retailer’s plans to expand its presence in the North American market.

Off-price domination continues as department stores yield more share

Sales, profits and margins have been stronger at off-pricers, and that won’t change any time soon, according to a UBS report this week.

TikTok Shop debuts live price match as it readies for summer deals

As the e-commerce platform and live shopping take off, sales on TikTok Shop have more than doubled compared to last year.

Pinterest tests AI to curate collages for advertisers

The social media platform is working with Macy's on its auto collages pilot which aims to help brands better curate shoppable content. 

Checkout-free payments may yet rise

Rapidly advancing AI could let cashierless payment companies succeed where Grabango failed, industry insiders and observers say.

Nordstrom to open Local concept in Brooklyn, eyes San Francisco location

The department store, which once called Nordstrom Local the future of the company, is growing the fleet after years of stalling on the concept.

Kirkland’s tightens ties to Bed Bath & Beyond, rebrands as ‘Brand House Collective’

The company, which also reported Q1 sales and profit declines, said Kirkland's stores will turn into Bed Bath & Beyond Home locations.

Amazon opens robotic fulfillment center in Massachusetts

The nearly 3 million square-foot-facility features hundreds of robots equipped to lift up to 1,500 pounds each.

Amazon Prime Day is back — this time for 4 days

The sales event runs from July 8 to July 11, and is being promoted with a new ad campaign featuring LeBron James.

Mattel brings AI to the toy box with OpenAI partnership

The toy company and AI powerhouse will announce their first product together later this year.

Beauty leader Leonard Lauder dies at 92

The executive, who was chairman emeritus of The Estée Lauder Companies, joined the family business over sixty years ago and spearheaded many of its acquisitions.

At Home blames bankruptcy on tariffs, consumer uncertainty

The private equity-owned company’s latest Chapter 11 filing comes at an awkward time for a retailer dependent on holiday sales for 40% of its revenue.

Nuuly is dominating the apparel rental market

The company has more than double the number of active subscribers as Rent the Runway, its next-largest U.S. apparel subscription competitor, according to Wells Fargo analysts.

5 years after US bankruptcy, Roots notches third quarter of sales growth

As part of a multiyear strategy, the Canadian brand is closing underperforming stores, upgrading its fleet and investing in marketing.

Saks Global says it’s back on track with vendors, won’t close stores

The company told BMO Capital Markets it has mostly repaired supplier relationships, though luxury brands tell other analysts its ability to pay remains a top concern.

Canada Goose prioritizes year-round relevance with second Haider Ackermann collection

The collection uses lightweight fabrics to reimagine classic cold weather styles and comes as the retailer looks to broaden its assortment.

Chewy’s sales jump despite challenging economic environment

The pet e-commerce company reported a gross margin decline in Q1 but remained positive about its full-year outlook.

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.