Square adds merchant tools

Block’s merchant business, facing stiffer competition in the point-of-sale space, has added about a dozen new features for its sellers.

Costco pushes forward with app upgrades

The changes, which include augmented reality and the upcoming ability to scan barcodes, have significantly boosted the tool’s downloads and app store rating.

Peloton co-founder, chief product officer to step down

Tom Cortese will be replaced in November by Nick Caldwell, who has over 20 years of experience working at various technology companies. 

Holiday spending to increase 3.7%: Mastercard

Consumer outlays for electronics and at restaurants are expected to boost expenditures this year, according to the card network.

Walmart Discovered launches on Roblox

The retailer wants users to discover games, indie experiences and virtual items that are voted on by the community.

SKU’d: Will 2023 be the year Under Armour realizes that women exist (and have money)?

With a female CEO at the helm, the brand says it's prioritizing women. But its biggest design hire is famous for menswear.

Shein highlights Fall, Winter collections in livestream show

Viewers were able to access the shoppable show from the Shein app and its Facebook, X, YouTube and Instagram channels. 

Dick’s to shutter 11 Moosejaw stores amid integration with Public Lands

Three Moosejaw locations will remain open, while the rest — and the outdoor retailer’s headquarters — are scheduled to close by February.

Shoe Carnival CFO exits after 5 months

Patrick Edwards was named the company's new chief financial officer — the third person to serve in the role this year.

Furniture-maker Noble House falls into bankruptcy, owes overseas suppliers millions

The company, which sells to some of the largest U.S. retailers, suffered from rising costs and disruptions in its supply chain. 

UrbanStems hires new chief executive officer

The online floral company has tapped Ana Mollinedo Mims for the position, succeeding Seth Goldman who has served as CEO since 2018.

How Toad & Co. is making online resale work

The brand, which controls its own processing and is choosy about what it accepts, so far is turning a profit on the zooming side gig.

J.C. Penney Q2 sales, profits slide

Still, margins expanded, inventory is down, store traffic is up and the department store remains in the black.

How Chamberlain Coffee aims for broad appeal while catering to Gen Z

The viral brand said qualities like sustainability are desired in beverages from consumers across generations.

Bluemercury launches bath, body and home fragrance private label

Cerulean 6° was designed for shoppers to obtain fragrance-led products at an approachable price point, the beauty company said.

Rent the Runway secures new UPS deal to reduce transportation costs

Through the agreement reached last month, UPS will handle most of the online apparel rental company’s shipping needs.

The Weekly Closeout: Amazon moves into former Lord & Taylor building, Belk celebrates 135 years

The e-commerce giant took over the New York City space previously occupied by the department store, while Belk plans a party in honor of its first location.

Peloton names SVP of apparel, accessories

A few months after the fitness brand launched a rebrand, Cédric Fletcher joins the company with experience from Nike and Under Armour.

Rite Aid could close hundreds of stores in possible bankruptcy: WSJ

The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported.

Kohl’s, Nine West debut adaptive clothing line

The department store will add even more adaptive choices for men and women across two of its private label brands this fall.

Applications open for Macy’s vendor diversity accelerator

Established in 2011, the retailer is set to welcome its next cohort of underrepresented business owners in May.

Fly By Jing expands to 1,200 Target stores

The brand launched at Target in 2021, and the move builds on its wholesale presence, which also includes partnerships with Whole Foods and Costco.

Target releases first private label kitchen brand, Figmint

Over half of the items are under $10, as the retailer continues to broaden its assortment to include more affordable price points. 

Meati Foods reduces staff by 10% as it focuses on profitability

The fermented meat company said the layoffs were not a result of the demand it has seen for its products.

Eddie Bauer pins growth on global expansion, wholesale

The century-old outdoor apparel retailer is also getting a brand refresh, including a new logo.