The Latest
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Saks Global expects to exit bankruptcy in June with $1.2B in debt
The luxury retail conglomerate said it would be profitable in three years and that, starting next fiscal year, revenue growth would average 7% annually.
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Sponsored by Veriff
Agentic AI, fraud and the fight for customer loyalty
How agentic AI reshapes e-commerce fraud, corporate liability, and the new era of adaptive trust.
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GameStop’s $56B eBay bid aims to create collectibles powerhouse
The gaming retailer submitted an unsolicited acquisition proposal for the online marketplace and suggested its store fleet could serve as eBay's fulfillment network.
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Amazon opens logistics network to all businesses
Amazon Supply Chain Services covers freight, distribution, fulfillment and parcel delivery, including for non-Amazon sellers, with Lands' End among its users.
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Puma names new CFO, touts turnaround progress
The activewear brand will lean on a Hugo Boss alum to help steer its ongoing turnaround efforts as it seeks to rightsize inventory and reduce costs.
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Column
The Weekly Closeout: Heydude sales decline and Lululemon dishes about Chip Wilson
The Crocs-owned footwear brand's sales fell 12%, while the athletics company spelled out a fraught relationship in proxy documents.
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Saks Global slashes 16% of its corporate workforce
The latest round of downsizing comes amid the luxury retailer’s bankruptcy and leaves it to focus resources “toward critical capabilities that will drive profitable, sustainable growth,” a spokesperson said Thursday.
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Target launches new kind of supply chain facility
The Houston Receive Center gives the retailer more inventory-holding capacity before sending products to downstream locations.
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Podcast
The Backroom: Redefining Pacsun
Brieane Olson talks about her book, “Co-created,” and her work as a merchant and now CEO in redefining the retailer for a new generation.
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Gap targets improved traceability operations, data collection
The retailer aims to enhance coordination with suppliers using an AI layer from supply chain software company Inspectorio.
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Estée Lauder now expects up to 10K role reductions
The cosmetics company increased its expected role cuts as part of its restructuring effort, with much of the increase in point-of-sale jobs at department stores.
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Why Academy Sports & Outdoors is going against the grain with store openings
Executives touted the retailer’s “outside-in” strategy for new locations, which prioritizes markets that are further away from big cities — and big competitors.
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Carter’s brings on Build-A-Bear vet as CEO
The appointment of Sharon Price John as chief executive comes only a year after the company named someone else to the top spot.
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J. Jill names Coach vet as chief marketing officer
Kimberly Wallengren, who also worked at American Eagle and Adidas, will focus on brand positioning, expanding customer reach and growing consumer engagement.
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3 takeaways from Walmart’s 2026 annual report
The retailer's 2026 fiscal year boasted e-commerce growth, Supercenter openings and big AI initiatives. “We are at a pivotal moment,” CEO John Furner said.
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Claire’s marks next chapter with Gen Alpha-focused ASMR campaign
“A Girl SMR at Claire's” includes ASMR filming set-ups, a Summer Sensory Shop and a presence on teen-focused social platform Coverstar.
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Amazon Prime Day moves to June
The e-commerce company's sales event happened in July last year. Meanwhile, Q1 earnings showed strong growth in online store net sales.
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Column
The Weekly Closeout: Pat McGrath Labs exits bankruptcy, GameStop bets on ‘retro’
The cosmetics company forged a deal with GDA Luma, while the gaming retailer is expanding its assortment of older products nationwide.
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Walmart is bringing beauty-focused store associates to hundreds of stores
The "Beauty Expert" position, which features specialized training, is expanding this year after a successful pilot.
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Kohl’s delves into AI for gift finding, aiding associates
The retailer launched a conversational AI agent to help shoppers find gifts, and is evolving how associates engage with data using the technology.
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Bed Bath & Beyond CEO: AI will lead to ‘significant reduction in headcount’
Areas impacted at the retailer could include supply chain, IT, accounting, marketing and merchandising, Marcus Lemonis told analysts Monday.
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Consumer confidence unexpectedly inches up as view of jobs brightens
The improved outlook among consumers toward the labor market bolstered the argument among Federal Reserve officials opposing a cut to the main interest rate.
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Wayfair touts market share gains in retail’s toughest category
The home goods retailer also posted a healthy Q1 sales increase, but its struggles with profitability continued as net loss barely budged.
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Consumers are down, yet retail sales keep going up. How long can this last?
Retailers wrapped up the first quarter with another healthy boost in March.
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Target requires 150 remote merchandising employees to relocate
Impacted employees can move to the retailer's Minneapolis HQ or leave the company. Target hopes that in-person collaboration will help it regain merchandising authority.
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Bath & Body Works names first chief brand and product officer
Veronique Gabai-Pinsky comes to the company with decades of experience, including launching her own brand and serving as president of Vera Wang Group.