The Latest
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Cara Salpini/Retail Dive
Crocs yanks guidance, citing trade uncertainty
The company recently joined with other footwear brands to urge the Trump administration to exempt the category from tariffs.
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Daphne Howland/Retail Dive
Warby Parker posts first quarterly net profit since going public
The brand is working to mitigate tariff impacts, but has already had to raise prices on some lenses and accessories.
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Rite Aid blames latest bankruptcy on retail operations
The drugstore retailer cites reluctant customers and recalcitrant vendors, but its crippling debt overshadows all.
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Courtesy of Hims & Hers
Hims & Hers hires former Amazon exec as Q1 revenue doubles
Nader Kabbani, who spent almost 20 years at the e-commerce giant, joins the health startup as chief operations officer.
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Retrieved from Senate Democrats/YouTube.
Senate Dems push for small business tariff exemption
Under a bill introduced this week, duties imposed when President Donald Trump declared a national emergency would not apply to goods imported or used by small companies.
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Daphne Howland/Retail Dive
GameStop sells its Canadian business
Entrepreneur Stephan Tetrault acquired the business for an undisclosed amount, adding to his list of toy and gaming ventures.
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hapabapa via Getty Images
Amazon remains bullish on AI as Alexa+ rolls out
The AI agent has reached more than 100,000 users to a positive early response, but Amazon is just beginning to reinvent CX through AI, according to CEO Andy Jassy.
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Hollie Adams via Getty Images
UK authorities warn of retail-sector risks following cyberattack spree
Three major retail brands, including Harrods and Marks & Spencer, have been targeted in recent weeks.
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Justin Sullivan / Staff via Getty Images
EBay rolls out conversational AI shopping agent
The tool offers suggestions and advice based on customers’ shopping preferences to assist with product discovery.
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Robert Way via Getty Images
ChatGPT is getting more shopper friendly
OpenAI wants to make it easier for shoppers to find, compare and buy products as more customers turn to generative AI for purchases.
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Courtesy of Mattel
Mattel warns of price increases amid tariff pressure
The toy manufacturer is accelerating a pullback from China, which already accounts for less than 20% of its U.S. imports, a distinct advantage over rivals.
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Courtesy of Mattress Firm
Mattress Firm taps AI platform to improve inventory flow
Using Invent.ai technology, the retailer will aim to upgrade demand forecasting and distribution center replenishment.
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Courtesy of JCPenney
J.C. Penney to launch plus-size collection with model Ashley Graham
The line will be available both in stores and online starting this fall.
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Permission granted by MGA Entertainment
Cold play: Toy industry faces ‘devastating’ impact from tariffs
Around 96% of American toy companies are small- and medium-sized businesses. Nearly half of them could shutter due to U.S. tariff policies.
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Helen of Troy CEO out after 14 months
Noel Geoffroy, who was previously the company’s chief operating officer, has exited the company after taking on the top spot in March 2024.
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Courtesy of Nike
Nike names new brand president as Hill shuffles leadership structure
As part of a reorganization, Amy Montagne will now lead the Nike brand, while 26-year veteran Heidi O’Neill is retiring.
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Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: NRF chief defends tariffs, Big Lots accelerates store openings
Matt Shay, CEO of the trade group, called duties “an extraordinarily important tool” for President Trump. Meanwhile, the discount retailer is opening 132 stores this month alone.
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Brandon Bell via Getty Images
Skechers to go private in $9.4B deal
3G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in the long term despite tariffs.
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Permission granted by Rite Aid
Rite Aid files for bankruptcy 8 months after exiting Chapter 11
The drugstore retailer is in talks to sell itself, but could liquidate its entire footprint if no buyers emerge.
Updated May 6, 2025 -
Andrew Harnik via Getty Images
What a White House-Amazon kerfuffle says about tariffs, prices and talking to customers
Amazon says it decided against telling shoppers how new duties affect prices, a plan the White House slammed as “hostile and political.” But is it a good idea? Yes and no.
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Joe Raedle via Getty Images
Walmart debuts ‘Grow with US’ program for small businesses
As small businesses brace for tariff impacts, Walmart is pairing them with mentors and showcasing their products as part of its new initiative.
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Permission granted by Puma
Nike, Under Armour among shoe brands urging tariff exemptions as back-to-school looms
About 80 companies signed a letter from the Footwear Distributors and Retailers of America to President Trump, warning that “inventory for U.S. consumers may soon run low.”
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Courtesy of Walmart
How grocery continues to drive Walmart’s top line
The category brought in $276 billion in net sales in fiscal 2025, up nearly 12% from the same period two years ago, the retailer said in its annual report.
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The image by DOAI MOGHA0 Hoo is licensed under CC BY-SA 4.0
VF lays off about 400 employees
The Vans owner said the cuts are part of the company’s ongoing turnaround strategy.
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Kirkland’s eyes additional $5M in funds from Beyond as fourth-quarter sales drop
The home retailer, which saw net income fall more than 20% in Q4, will use the money in part to open Bed Bath & Beyond Home and Overstock stores.
