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Another U-turn at Beyond: brick and mortar for BuyBuy Baby
The company, which continues to shake up its portfolio and branding strategies, is also opening Overstock stores.
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Lowe’s expands in-store pilot of kitchen visualization tech
After initial tests last year, the home improvement retailer is bringing its Style Studio tech to stores in California and Texas for three months.
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Walmart is all-in on generative AI, agentic tools
The company is “throwing the doors wide open” and wants associates to use the technology every day, executives said.
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Skechers announces record sales but pulls guidance
The footwear giant saw both wholesale and DTC sales rise but cautioned that current trade policies have created macroeconomic uncertainty.
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Peloton chief marketer departs as fitness brand shakes up marketing group
Moving forward, the company is divvying up marketing duties between a marketing chief and a chief communications officer.
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Online retailers in the US spent an average of $400k on AI last year
Despite aiming that investment at customer experience, 30% of executives told Storyblok that the tech only slightly improved the shopper’s experience.
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Amazon and Walmart keep chasing faster deliveries to woo shoppers
The retailers are leaning on their in-house fulfillment capabilities, growing their same-day reach in rural areas and using drones to beat the competition.
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Consumer expectations plunge at fastest pace since 1990 recession
“Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.
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Carter’s pulls guidance as profits plummet, tariffs loom
The children’s clothing company's new CEO is navigating a turnaround amid falling sales and rising uncertainty.
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Column
The Weekly Closeout: Small businesses sue over tariffs, Under Armour adds PE exec to board
A group of small businesses banded together to challenge the Trump administration’s authority to levy tariffs, while the athletics retailer added a board director from Sycamore Partners.
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Dollar Tree appoints longtime Walgreens exec as chief supply chain officer
Adding to the value retailer’s growing list of changes, Roxanne Weng will take on the role as Mike Kindy retires.
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Function of Beauty expands to Walmart
The personalized beauty brand will offer 17 core hair care products in a large portion of the big-box retailer’s stores and online.
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Tractor Supply breaks ground on Idaho distribution center
Slated to open in late 2026 or early 2027, the site will serve about 200 stores in the Pacific Northwest.
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Hudson’s Bay gives up on final 7 stores, including Canada’s last Saks 5th Avenue location
The liquidation is the end of a retailer whose roots date to the 1600s, and leaves a big gap for many brands and their Canadian customers.
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Hasbro Q1 revenue increases 17%
The toy company, which is undergoing a turnaround effort, continued to advocate for tariff exceptions in its sector.
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Deep Dive
The complicated calculation of ending de minimis
While closing the duty loophole for low-value goods from China and Hong Kong may offer some benefits, the U.S. fashion industry could face challenges.
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Shein, Temu to raise prices due to tariff impact
The fast-fashion companies didn’t specify the extent of the cost increases, but posted identical notices on their websites.
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Walmart, Target, Home Depot tout productive meeting with Trump as tariffs threaten the holidays
New import duties are poised to raise prices in time for peak shopping periods, starting with back to school and Halloween.
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Could tariffs sink Nordstrom’s go-private deal?
The risk is small, but not zero, and could grow if the fallout from new trade policies worsens, according to William Blair analysts.
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Etsy to sell music gear marketplace Reverb
The company is divesting from Reverb in order to focus more on its core marketplace and Depop.
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Target debuts exclusive home collection with Parachute
The lower-priced line, part of a larger merchandising revamp for Target, comes as the DTC brand has shuttered stores and pulled back on its offerings.
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Etsy adds more tools to improve seller experience
The marketplace recently revamped its buyer journey and is now turning its attention to sellers.
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Nordstrom to cut Rack, Last Chance from loyalty points program
Instead, customers shopping at Nordstrom Rack can receive a 5% discount on eligible purchases with a Nordstrom credit card.
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Most consumers will pay 25% more for their favorite brands
Positive customer experiences, consistent product quality and long-term brand familiarity drive greater loyalty, a UserTesting study found.
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Supergoop founder steps away from company
After two decades, Holly Thaggard has moved away from the day-to-day operations of the sunscreen brand.