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Target expands beauty assortment, adds 60 new brands
The mass retailer is refreshing its beauty space in stores and hosting in-person events as it winds down its partnership with Ulta.
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Sports giant Anta snaps up Puma stake for $1.8B
The Chinese company, whose portfolio includes Fila and a majority stake in Amer Sports, will be the sneaker brand’s largest shareholder.
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Deep Dive
What’s up with department stores?
The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.
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Nike to lay off 775 as it consolidates US distribution centers
The activewear retailer is accelerating technology and automation use in the hopes of improving efficiency across its supply chain.
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Amazon to shutter all Amazon Fresh and Go stores
The company will focus its brick-and-mortar strategy on Whole Foods Market, with plans to open more than 100 new stores under the banner over the next few years.
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"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
What Saks Global’s bankruptcy means for vendors
Big names like Chanel and Kering are owed substantial sums and are likely to be paid well before smaller brands’ past-due invoices.
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Target’s incoming CEO co-signs letter calling for ‘deescalation of tensions’ in Minnesota
Michael Fiddelke joined about 60 other CEOs, including Best Buy's Corie Barry, in signing a letter about "recent challenges" in the state.
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American Eagle to close Quiet Logistics business
The third-party logistics provider will discontinue services in the coming months and end operations at fulfillment centers in Boston and Dallas.
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Dollar General expands reach of rural same-day delivery service
The discount retailer is the latest company extending its delivery offerings to focus on underserved communities.
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Moleskine opens first neighborhood concept store in US
The Upper East Side location in New York City represents a strategic shift in the company’s retail approach in America.
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Quince expands to Canada
The online retailer has officially launched a website to serve its Canadian customers after soft launching the platform in November.
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Saks Off 5th online is liquidating 5 years after split from brick and mortar
In 2021 private equity investors poured $200 million into a spin-off of the off-pricer’s digital operations, but the anticipated return never materialized.
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WHP Global to pay $300M for controlling stake in Lands’ End
The apparel brand, which has explored strategic options since March, will continue to be in charge of its operations.
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Bob’s Discount Furniture eyes up to $2.48B valuation in IPO
The furniture retailer aims to raise up to $370 million through its offering as it looks to pay off debt.
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Private label sales set another record in 2025
Shoppers spent just under $283 billion on store-brand products last year, up 3.3% compared with 2024, the Private Label Manufacturers Association reported.
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Francesca’s to permanently close
The fashion retailer is liquidating stores after alternative funding from an investor fell through and two major suppliers lost their own capital from lenders.
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De minimis’ end, tariffs spur headwinds for Aritzia
The apparel retailer altered its supply chain strategy when the trade exemption ended, relocating all U.S. order fulfillment to Ohio.
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At Michaels, taking Party City and Joann’s market share was priority No. 1
CEO David Boone, who joined the craft retailer about a year ago, said the company’s efforts in fabric and party supplies have “powered the business.”
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Lululemon puts Get Low leggings back online — with caveats
Pulled after complaints that the leggings were see-through, the product page now advises shoppers to size up and wear skin-tone underwear.
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Authentic Brands Group acquires majority stake in Guess IP
The brand’s management, including co-founders Maurice and Paul Marciano, retain ownership in and responsibilities for its operations.
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How Macy’s Media Network navigates complex ‘coopetition’ with Amazon
Since signing on for a pilot with Amazon’s Retail Ad Service, the platform has drawn 175 new brands to its sponsored product offerings.
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Target adds former Nike innovation chief to board
The mass retailer — which is undergoing a turnaround effort — also appointed the former CEO of HanesBrands to the board of directors.
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Caleres taps interim CFO; details Saks bankruptcy impact
The footwear company warned of potential sales volatility stemming from the Saks Global bankruptcy, which has left many vendors waiting for reimbursements.
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The Weekly Closeout: Hilma Running, Inkbox shut down
The running shoe company is shuttering due to an inventory issue, while Bic is closing the semi-permanent tattoo brand nearly four years after its acquisition.
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Nordstrom to move downtown Seattle Rack store to historic building
Expanding its off-price business has long been a source of new customers and a key pillar of the department store’s growth strategy.