Discounts motivate TikTok Shop shoppers

A survey found that celebrity and influencer recommendations are on their way out for TikTok Shop consumers.

Adults boost US toy sales

Consumers are either paying more for pricier toys or opting for lower-cost products, but mid-tier options are feeling a pinch, according to a Circana report.

Peloton launches peer-to-peer resale platform

The exercise company launched a beta version of Peloton Repowered in select metro areas, offering special discounts to buyers and sellers. 

Wealthier consumers flock to Dollar Tree in Q1

The discounter, which is better positioned against rival Dollar General without its Family Dollar unit, is expanding a multiprice strategy to more stores.

Beauty brands blend AI into operations

The Estée Lauder Companies, Coty and Ulta Beauty are pushing forward on the technology to save costs, tailor communications and optimize forecasts. 

Big Lots to reopen nearly 80 more stores

The locations bring the total number of reopened stores to 219 under new owner Variety Wholesalers.

Costco holds prices on some tariff-impacted items, CFO says

The warehouse club retailer has sought to eliminate the effect of higher duties on prices of certain “staple” goods like bananas, CFO Gary Millerchip said.

Guitar Center targets optimized inventory planning, visibility

The retailer will use Relex Solutions technology to gain real-time visibility of inventory levels to help reduce stockouts and overstocking.

Skechers sued by investor group over go-private deal

A lawsuit alleges the footwear giant violated federal securities law by failing to disclose important information to shareholders.

How lower China tariffs will affect direct-to-consumer imports

Temporarily reduced duties likely won't be enough to stop ongoing shifts among de minimis-reliant supply chains, experts said.

Shrink down, margins up at Dollar General a year after removing nearly all self-checkout

The discounter expects to raise prices “as a last resort” as tariffs and the economy replace lost merchandise as its major concerns.

Nike taps McDonald’s exec for chief communications officer

Michael Gonda joins July 7 and is the latest change CEO Elliott Hill has made to the activewear brand’s leadership ranks.

Inside Poppi’s push into gaming as prebiotic soda marketing bubbles up

PepsiCo recently finalized a $1.95 billion acquisition of the brand, which has used a “community- and culture-first approach” to marketing.

Victoria’s Secret postpones earnings following security incident

The company provided preliminary Q1 results, but a shutdown of its website during “retail’s all-important Memorial Day weekend” was a “significant problem,” according to analysts. 

Best Buy wants AI to offer customers fewer — but more relevant — search results

The enhanced search experience will build on the electronics retailer’s e-commerce success, which was a bright spot in an otherwise lackluster quarter.

Saks Global rescues its holiday with $350M in new financing

Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.

Lowe’s, Home Depot tout CX wins from AI projects

The home improvement retailers reported customer service improvements and easier information gathering as access to the technology expanded. 

Away appoints new CEO as it expands sales channels

President Jessica Schinazi takes on the lead position as co-founder Jen Rubio steps into an executive chair role on the board. 

David’s Bridal launches Generation Tux shop-in-shops

The retailer will dedicate space to the tuxedo and suit rental company at its entire fleet by the end of the year. 

Old Navy shows off activewear with Lindsay Lohan in ‘80s-inspired spot

The Gap brand, which reported a ninth consecutive quarter of market share gains, is now the No. 5 player in the active category.

Spirit Halloween cancels season opening event due to ‘supply chain challenges’

Although the specialty retailer did not say tariffs caused the cancellation, it did point to “international disruptions.”

How small c-stores can survive

As consolidation drives more independents out of business, smaller retailers need to stand out and connect with their communities, experts say.

Gap Inc. braces for as much as $300M in tariff-related costs

As import levies threaten the apparel retailer’s momentum, including a potential $150 million hit to margins, executives said pricing won’t change.

Kizik taps Nike vet as CEO

Gareth Hosford, who held leadership positions at the athletics giant and Converse, will lead the hands-free footwear brand and its parent company.

Home Depot elevates CIO from within as AI adoption plans progress

Angie Brown will lead technology strategy for the home improvement retail giant after a 27-year career with the company.