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Nike addresses flaws in DTC strategy as Q3 revenues come in flat
CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation.
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Has Lululemon peaked?
Growth in North America has slowed, but analysts aren’t worried, given the brand’s innovation, past nimbleness and potential abroad.
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Walmart adds oral care brands targeting Gen Z and millennial shoppers
Zimba and Plus Ultra will land in 4,500 and 600 of the mass merchant’s stores, respectively, significantly expanding their wholesale presence.
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Chewy posts 4.2% sales gain in Q4 even as active customers decline
The online pet retailer benefited from sales in the non-discretionary and health categories, as well as its Autoship subscription service.
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Five Below scales back self-checkout to fight shrink
Hiring more store associates will improve customer service and help fight what executives said was an unexpectedly high level of inventory loss.
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The Container Store opens first New York small-format store
The location, which features a Custom Spaces design studio, is the home retailer’s eighth small-format store.
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FMI: 57% of shoppers purchase produce from mass retailers, supercenters
While traditional grocery stores are still consumers' top places to buy produce, low-price format retailers are making significant gains in the category.
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Return policies sway customer behavior: survey
Store customers return less than online shoppers, and some rules are boosting in-store returns of online orders, according to the ICSC.
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Meta’s payment plays may pay off this year: report
A partnership between Meta and Amazon “could represent the tipping point of transforming social media into a transaction platform,” Mizuho Securities analysts said in a report.
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Untuckit to open 14 new stores in 2024
The DTC apparel brand said the first seven stores will open by May across California, Georgia, Florida, New Jersey and New York.
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J. Jill manages to expand its fleet, by one store
The women's apparel retailer saw decent sales during the holiday quarter, thanks in part to an extra week, and boosted its margins.
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Walmart pilots 3D weaving machines to produce garments for private label
The retailer has partnered with fashion tech company Unspun in an effort to reduce apparel manufacturing waste.
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Sephora to exit Korea this spring
The beauty retailer will wind down its online, mobile app and store operations in the country beginning May 6.
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