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Regional off-pricer Gabe’s under new ownership, avoids bankruptcy
A group of lenders has taken over the retailer, a deal with buy-in from vendors and landlords that has significantly reduced its debt.
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Retailers double down on AI despite reliability concerns
Over half of retailers expect most customer interactions will be handled by AI within five years, according to a Monday.com survey.
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Lululemon names AI exec to improve product innovation, speed
The brand's CIO is departing the company while Ranju Das takes on a newly formed chief AI and technology officer position.
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Walmart, Target tout AI plans
The two retail giants are capitalizing on sustained investment in their technology foundations even as they face economic headwinds.
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Walmart’s booming ad business provides ‘flexibility’ amid tariff impact
Continued momentum for retail media offerings like Connect is helping drive profits and will remain “obviously key,” executives said.
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David’s Bridal launches AI to help couples manage wedding tasks
Pearl Planner features a built-in chat assistant, adaptable task boards and dynamic timelines to help users centralize planning with real-time updates.
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Trump says furniture tariffs coming in next 50 days
The president said his administration is conducting an investigation into the sector just days after applying steel and aluminum levies on various household appliances.
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Dillard’s buys a shopping mall
The department store teamed up with mixed-use developer Trademark Property Co. to acquire the 646,000-square-foot Longview Mall in Texas.
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Home Depot focuses on faster deliveries to boost satisfaction
Dedicated associates and machine learning-driven efficiency improvements helped the retailer achieve its fastest ever delivery speeds during the second quarter, executives said.
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Urban Outfitters taps Levi’s for its next On Rotation experience
The space aims to infuse “the energy of a vintage flea market” by featuring both new denim styles as well as vintage pieces like its paper bag jeans.
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The Weekly Closeout: Bed Bath & Beyond battles California and Guess to go private
Executive Chairman Marcus Lemonis said the home retailer won’t open stores in the state, while the fashion company cut a deal with Authentic Brands Group.
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Former Dollar General exec to return for CFO post
Donny Lau is rejoining the discount retailer after a nearly three-year absence to replace Kelly Dilts, who is leaving to become Nordstrom's CFO.
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Target fulfillment operations closure impacts 200 Indianapolis employees
A spokesperson said the retailer is adjusting what operations it performs at the facility as it continues to evolve its supply chain.
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Wilson CEO to step down
Joe Dudy is exiting the chief executive role after spending three decades at Wilson and parent company Amer Sports.
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Can Target’s new CEO hit the bullseye?
The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to others.
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Lowe’s $8.8B acquisition aims to strengthen pro business
The deal with Foundation Building Materials comes about two months after the retailer closed on its acquisition of Artisan Design Group.
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Walmart revenue grows as it works to absorb tariff hikes
The retailer raised its full-year net sales guidance and noted that it is seeing costs increase as it replenishes inventory post-tariff changes.
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Target and Ulta’s ‘conscious uncoupling’
A shop-in-shop deal ends as both companies get back to retail basics. Analysts weigh in on the move while Bank of America downgraded Target.
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Burlington’s ‘reimagined’ store layout aims to make shopping easier
The off-price retailer is halfway done refreshing its fleet with an open layout, organized aisles and bold signage.
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Target struggles with turnaround as Q2 sales drop
The retailer needs to move "much faster," incoming CEO Michael Fiddelke said Wednesday. “I know we're not realizing our full potential right now.”
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July retail sales rise 6%, but growth slows
Last month’s results are a solid start to the next half of the year, analysts say.
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Walmart Realm adds new digital storefronts to woo Gen Z, Gen Alpha
The immersive shopping experiences blend content and commerce to facilitate product discovery.
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Abercrombie Kids adds Nordstrom, Dick’s Sporting Goods as wholesale partners
The children's brand, also available at Macy’s and Bloomingdale’s, is expanding its wholesale operation to reach more shoppers worldwide.
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The Weekly Closeout: Walmart settles $5.6M lawsuit, Target drops Halloween assortment
The consumer protection lawsuit alleged the mass retailer overcharged customers, while products from Target's spooky collection start at $1.
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Claire’s strikes $140M private equity takeover deal, pauses store liquidations
The bankrupt tween accessories retailer had plans to shutter at least 700 stores — possibly twice that — and now most will remain open.