As it preps for life beyond Dollar Tree, Family Dollar names CEO

Duncan MacNaughton, a former chief operating officer of the business, will take on the top spot after Dollar Tree finalizes the sale of the banner.

Lowe’s reaffirms full-year guidance despite Q1 sales dip

The home improvement retailer saw comparable sales slide during Q1, partially due to unfavorable weather in the first half of the quarter.

A UK retail cyberattack campaign is headed to the US, researcher warns

The hackers behind cyber intrusions at Harrods, Co-op and M&S are turning their attention to U.S. retailers, Google Threat Intelligence researchers say.

Levi’s to sell Dockers to Authentic Brands Group for $311M

The jeans company is selling off the khakis brand to focus on its core labels. 

Home Depot doesn’t plan to raise prices despite tariffs

The announcement came as the home improvement retailer posted a 9.4% sales gain in Q1 and reaffirmed its full-year guidance.

Walmart family plans university to expand STEM workforce

The institution will be housed at the company’s former headquarters and is expected to welcome 1,500 undergrads and 500 nondegree learners.

Roblox brings the mall to the metaverse, and vice versa

Fenty Beauty is among the companies testing new ways to merge virtual and physical shopping experiences to produce sales.

Urban Outfitters deepens Gen Z experiential strategy for back to school

A “UO Hauls” campaign features citywide scavenger hunts, immersive pop-ups and a U-Haul partnership aimed at helping graduates move out.

Pottery Barn plans to expand to the UK this fall

In addition to an e-commerce presence in the region, the home furnishings retailer will also offer its personalized design services.

Target Circle 360 members can now shop same-day delivery with 100+ retailers

Through its Shipt service, the mass retailer will give subscribers access to same-day delivery at Petco, PetSmart, CVS, and more, all without price markups.

Urban Outfitters’ in-store experiential concept goes after Gen Z — first with Nike

The apparel retailer debuted the On Rotation concept as a way to fuel discovery shaped by the generation’s favorite brands. 

Amazon reveals new warehouse robots in push to trim manual tasks

The e-commerce giant said it plans to deploy the various technologies in the coming years as it works to boost "more high-skilled work."

Birkenstock eyes global price increase to mitigate tariffs

A single-digit price increase is expected, but the company may capture market share in the meantime.

Bath & Body Works names Nike vet CEO

Gina Boswell is out from the top role, and Daniel Heaf — who once was the head of Nike Direct — has stepped in to lead the company.

The Weekly Closeout: Hudson’s Bay lands ‘several’ bids and Trump threatens Mattel with tariffs

None of the Canadian retailer’s bids are from insiders. Meanwhile, the president responded to the toy brand's statements on diversifying its supply chain.

Andie acquires Richer Poorer

In its first acquisition, the DTC swimwear brand snapped up the California-based casual apparel company previously owned by Francesca’s.

Fossil’s DTC business drags down sales in Q1

The accessories brand has been working to reduce its footprint, closing 28 stores in the first quarter as part of its plan to shutter 50 locations this year.

Rite Aid blames latest bankruptcy on retail operations

The drugstore retailer cites reluctant customers and recalcitrant vendors, but its crippling debt overshadows all.

Inflation expected to surge to 7.3% in a year, fueled by tariff worry

Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.

Hudson’s Bay to sell IP to Canadian Tire Corp. for over $21M

CTC views the move as “patriotic” and has bid on several of the iconic retailer’s leases.

Senate Dems push for small business tariff exemption

Under the introduced bill, duties imposed when President Donald Trump declared a national emergency would not apply to goods imported or used by small companies.

QVC Group plans reverse stock split, voluntary delisting

As a result of the reverse stock split, the company doesn’t expect it will meet the continued listing requirements of the Nasdaq Capital Market.

Dick’s to acquire Foot Locker in $2.4B deal

Analysts are not sold on the deal, which adds a struggling retailer to Dick's strong portfolio, but executives expressed confidence they could turn Foot Locker around.

Rite Aid sells upwards of 1K stores to CVS, Walgreens, others

CVS Health is one of the largest buyers, snapping up prescription files from hundreds of stores and fully acquiring 64 locations.

Walmart to pay tech company $222M over trade secret misappropriation

The decision by an Arkansas jury is the latest twist in a legal battle between the mass retailer and Zest Labs, which claims Walmart stole technology that extends produce shelf life.