US shoppers averaged $700 on TikTok Shop in the last year

Gen Z in particular uses the app’s shopping feature the most and increasingly trusts influencers, according to a report by Partner Centric of American consumers under 60.

Walmart creates a generative AI tool for merchants dubbed ‘Wally’

The tool is intended to help merchants complete time-consuming tasks like data entry and analysis.

Old Navy quietly debuts occasionwear

Prices start at about $25, answering demand for affordable dresses for weddings, parties and proms.

QVC Group taps media vet as chief growth officer

The live shopping pioneer hired Alex Wellen to steer its growth as it adapts to the ever-evolving social media and streaming era.

Amazon uses Big Spring Sale to promote Amazon Haul

As part of the event, which returns next week, the retail giant is offering 50% off purchases from its Temu-like competitor.

Klarna to displace Affirm as Walmart BNPL provider

The Swedish buy now, pay later business partnered with a Walmart-backed fintech to offer loans at the retail giant via a digital payments app.

Guess receives offer to go private

The offer came from an affiliate of WHP Global, which last year partnered with the denim brand to buy Rag & Bone.

How Foot Locker’s supply chain is lacing up for the future

Better inventory management and stronger vendor collaboration is helping the sneaker retailer advance its companywide transformation plan.

Macy’s moves private label focus to the home with latest launch

Dubbed Arch Studio, the brand will feature bedding, bath, kitchenware and dinnerware products at a price point of $14 to $220.

Beyond sells majority stake in Zulily for $5M

Lyons Trading Company, owner of off-price retailer Proozy, is acquiring the brand. It’s Zulily’s fourth owner in two years.

Retailers deploy AI in pursuit of CX gains, loss prevention

Despite adoption plans, companies are grappling with system integration issues, a lack of training resources and frayed customer trust, according to Everseen.

Macy’s plots TV series on women who shaped department stores

The show, which still needs a showrunner and cast, will be based on Julie Satow’s best-selling historical novel.

The Weekly Closeout: Hanes jumps into athleisure, iRobot has ‘substantial doubts’ about its future

The underwear brand launched Hanes Moves, while the Roomba creator said the company is undergoing a strategic review.

Kohl’s introduces 2 private label home brands

Most products in the Miryana and Mingle & Co. lines are priced under $50 as the company places emphasis on value. 

In the battle of Saks vs. customers, vendors and Dallas — Nordstrom wins

Trouble from Texas to New York has created an opportunity for Saks Global's rivals, and led one analyst to call for new leadership.

Forever 21 blames latest bankruptcy on competition from Temu, Shein

The fast-fashion retailer made it through the pandemic but struggled against cheap duty-free goods from China, as inflation strained consumers.

Hudson’s Bay plans to liquidate

With no deal on deck, the iconic Canadian retailer will likely go out of business by June, shuttering all stores and laying off 9,000-plus employees.

The Weekly Closeout: Trade groups sound the alarm on tariffs, L’Oréal sells Carol’s Daughter

RILA, NRF and AAFA all raised red flags about President Trump’s trade policies, while the beauty conglomerate sold the brand it bought a decade ago.

Tariffs trigger ‘horrific’ plunge in consumer sentiment

Federal Reserve officials, scheduled to assess monetary policy this week, will likely zero in on a jump in long-term inflation expectations.

Wayfair plots second large-format store

The 150,000-square-foot location is set to open next year in Atlanta and adds to the online home goods retailer’s growing footprint.

US immigration policy could hurt off-pricers

Burlington, TJX and Ross stand to benefit from tariffs and consumer angst, but one of their most important customer bases is under extreme pressure.

Purple considers strategic alternatives

Possible outcomes include a sale or merger. “One of the outcomes is we don’t do anything differently,” the company’s CEO said.

Vince CFO jumps to The Children’s Place

John Szczepanski is leaving shortly after a number of changes at the company, including a new CEO and an acquisition by P180.

Ulta lost market share in beauty for the first time last year

As part of a wide-ranging turnaround, the beauty retailer is launching a marketplace, expanding its wellness offering and fixing up stores.

Solo Brands warns it could file for bankruptcy

The company issued a going concern statement citing challenges related to liquidity and existing debt.