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Amazon says these areas of Washington, DC, are too dangerous for Prime delivery
The e-commerce giant faces a lawsuit from the District’s attorney general, alleging that Prime members in two zip codes aren’t receiving promised benefits.
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Facing Nike ‘softness,’ Foot Locker sales fall 1.4%
CEO Mary Dillon said the retailer has made progress on its strategy, but was hurt by a more cautious consumer.
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Dollar Tree CFO to step down next year
While financial performance improved during Q3, the retailer now faces the additional challenge of searching for a new CEO and CFO.
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Gymboree marks brick-and-mortar return with New Jersey store
Parent company The Children’s Place is refocusing on its store portfolio, even as profit was cut nearly in half in Q3.
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Consumers have a new option as millions of packages are swiped from porches each year
PorchPals is an insurance product that could shake up coverage for a problem that has only escalated with the growth of e-commerce.
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Walmart to close New Jersey Sam’s Club fulfillment center
Operations at the Swedesboro center will be relocated to other facilities within the retailer’s fulfillment network, a spokesperson said.
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Cyber Monday spending hits $13.3B: Adobe
It remains the biggest online shopping day, but the five-day period starting on Thanksgiving brought in over $41 billion online.
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Nearly 75% of baby boomers plan to use pay-later services this holiday season
Consumers in that generation are often on fixed incomes and mindful of avoiding high-interest credit card debt, according to Splitit CEO Nandan Sheth.
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Simon sees traffic bump during Black Friday weekend
The mall company has bucked the trend of declining in-store traffic during the industry’s busiest shopping period.
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Dick’s pits top athletes against each other in holiday decorating contest
The Texas-based campaign features Simone Biles, Dak Prescott and Chris Paul, and extends its geographic reach via social media.
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Wolverine names Under Armour, Designer Brands vet as chief product officer
Mike Maloney will lead product development, merchandise strategy and market expansion for the company’s Work Group.
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Federal agents seize 3K counterfeit Gibson guitars
If the musical instruments were genuine, law enforcement and company officials said the guitars, which arrived via ocean freight, would be worth about $18 million.
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Dollar General hires technology, distribution execs
Tom Hutchins has been appointed senior vice president of technology, while Kevin Pinchon takes on a role as senior vice president of distribution.
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Over half of consumers turn to TikTok for gift inspiration
Shoppers are seeking out videos of unboxing products, customer reviews and user experience to sway their purchasing decisions, per an MGH survey.
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Will Kohl’s have to close stores?
Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet. That may be about to change, analysts say.
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Mango achieves US expansion goal ahead of schedule, plans more store openings in 2025
Next year the apparel company will launch 20 stores nationwide, including in Seattle, Chicago and Las Vegas.
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Bath & Body Works hits 38M loyalty members
The retailer reported record-high customer retention rates in Q3 and set its sights on offering a seamless omnichannel experience.
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How J.C. Penney’s ‘Really Big Deal Reveals’ campaign is faring so far
The retailer has been averaging 13% to 15% new customers each week during the campaign appearing in Amazon Prime Video’s “Thursday Night Football.”
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Nordstrom nervous about the holidays despite healthy Q3
A slowdown early in Q4 led to a very conservative upgrade in the retailer’s expectations. Meanwhile, there is still no update on the Nordstrom family’s take-private offer.
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Walmart DEI gives up the ghost, giving way to ‘belonging’
A cultural moment all but forced employers to pivot to DEI in 2020. If the retailer's decision demonstrates anything, it is how far the pendulum has swung since then.
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Why stores still spark joy around the holidays
Online shopping has surged over the years, but it’s hard to replicate the discovery — and fun — of going to stores.
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Abercrombie & Fitch Co. taps new CFO as sales surge 14%
The Abercrombie and Hollister brands both saw strong double-digit growth in the third quarter, despite weather disruptions.
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Kohl’s names new CEO
The department store has tapped Michaels CEO Ashley Buchanan to lead the retailer beginning early next year, replacing Tom Kingsbury.
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Vuori doesn’t need money. Investors keep knocking anyway.
A recent $825 million fundraise from General Atlantic and Stripes tipped the brand into the $5 billion valuation range. Investor Jon Kossow says the company still doesn’t need the cash to fund its own operations.
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Dick’s continues to dodge the rest of retail’s problems as comps jump 4%
Warm weather and price-conscious shoppers didn’t meaningfully dent the retailer’s performance — and tariffs won’t either, executives said.