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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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Marks & Spencer restores some online-order operations following cyberattack
The department store chain 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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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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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.
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Podcast
The Backroom: Breaking down Dick’s Sporting Goods’ deal to acquire Foot Locker
The team discusses the implications of the surprise acquisition, how Dick’s is defending it and why the stakes could be different for each retailer.
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DTC footwear brand Oofos opens first stores
A location in Virginia has already opened and the active recovery brand will open locations in Georgia and Florida later this month.
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Walmart challenges consumer perceptions with ‘Who Knew?’ campaign
In a 60-second spot set to The Who’s “Who Are You,” “White Lotus” star Walton Goggins dishes on the retailer’s perks following a January brand refresh.
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Ollie’s takeover of Big Lots leases ‘off to a very strong start’
The company took over dozens of leases at the start of the year, and openings have been “smoother than we had anticipated,” executives said.
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Retail job cuts surge in 2025’s first half
In the U.S., job losses were up 274% from last year, while hiring plans remain “historically low,” according to Challenger, Gray & Christmas.
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Amazon confirms layoffs in books business
A move to streamline some roles affects fewer than 100 people and doesn’t reflect downsizing in the books organization, the company said.
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Kirkland’s appoints UpWest, Richer Poorer vet as COO
James Schisler takes on oversight of the home retailer’s operations. Meanwhile, Beyond has tapped a former Kirkland’s CEO for the board.
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Walmart to expand drone delivery to 5 more cities
Customers in Atlanta, Houston and more will be able to tap into the technology by next year as part of the retailer's deepening collaboration with Wing.
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Petco reaffirms full-year guidance even as Q1 sales fall
While its owned brands are more directly exposed to tariffs, executives said the retailer can deliver on its outlook if levies remain at current levels.
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Lululemon to raise prices as progress stalls in the US
As the retailer plans modest tariff-induced price hikes, CEO Calvin McDonald said U.S. shoppers are growing more "discerning" than those in Canada.
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Five Below CFO exits as Q1 sales jump 20%
COO Kenneth Bull will serve as interim financial chief while the company continues to focus on assortment newness.
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Torrid to close as many as 180 stores, 30% of its fleet
The plus-size apparel retailer already keeps about 60% of sales and customers from shuttered locations, and plans to invest in retention efforts.
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Joann’s future a mystery as Michaels snaps up IP, private labels
The move comes amid growing interest in fabrics and sewing at Michaels, but it’s not clear what it means for the Joann brand.
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Shoe Carnival CEO: Shoe Station is the ‘future of our store base’
The company announced that its Shoe Station banner will represent over 80% of its store fleet by 2027.
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Discounts motivate TikTok Shop shoppers
A survey found that celebrity and influencer recommendations are on their way out for TikTok Shop consumers.