Page 3

Steph Curry trades Under Armour partnership for a deal with Li-Ning

The NBA star broke ties with his former partner in November and will now focus on growing the Curry Brand under a Chinese sportswear company.

Victoria’s Secret expects sales to top $7B this year

The lingerie giant’s “promo detox” meant more full-price selling in Q1, and both the namesake and Pink brands took market share.

The Weekly Closeout: Burlington plots store openings, Mattel expands Brick Shop

The off-price retailer plans to open over 100 new locations this year, while the toy company debuted new brick sets featuring Lamborghini and Chevrolet.

Costco’s personalization effort drives $500M in digital sales

Personalized product recommendation carousels drive three times higher digital conversion rates than usual, CFO Gary Millerchip said.

Amazon reveals Prime Day dates

The e-commerce company moved the event to June, and is encouraging shoppers to use its Alexa for Shopping AI tech.

Why Everlane and Shein are actually a good match

The direct-to-consumer apparel brand resorted to fast fashion — and broke its promises — well before its deal with the Chinese low-price leader.

Dollar General sales soar as customers trade down at ‘accelerated’ rate

The discount retailer’s Q1 sales jumped 3.4% as rural shoppers see an outsized impact from increased gas prices.

Pink hires chief merchandising officer

Victoria’s Secret & Co. tapped a longtime Anthropologie executive for the new role, which comes as CEO Hillary Super has recommitted to the subbrand.

Updated June 4, 2026

Mass retailers draw level with supermarkets as primary grocery destinations

People have become just as likely to cite a retailer like Walmart or Target as a supermarket when asked where they spend most of their food budget, according to data from FMI.

Amazon offers AI agent tech to other retailers

The online retail behemoth wants to narrow the time it takes for retailers to launch AI shopping assistants, starting with Kate Spade.

J.C. Penney rebound stalls in the holiday quarter

The department store made some strides in its turnaround last year but ended fiscal 2025 with weakness on the top and bottom lines.

Target, Walmart vie for beauty customers

The retailers are investing in ways to court beauty consumers away from specialty retailers, trying new staffing models and remixing the merchandising assortment.

Even with Sydney Sweeney, American Eagle struggles to sell women’s bottoms

While the brand faced softer trends in the category, Aerie’s comparable sales grew 25% in Q1. 

Walmart: Store-fulfilled deliveries getting faster

Over 36% of deliveries from stores arrived in three hours or less in Q1, with quicker speeds fueling customer engagement, CFO John David Rainey said.

Following Shein sale, Everlane founder launches new brand

"Same principles, but a new take. And this time: no venture capital, no private equity," Michael Preysman writes on the brand’s site, which for now is just collecting emails.

Updated May 27, 2026

Fashion misses at Old Navy spell trouble for Gap Inc.

Internal flubs, not customer malaise, were the cause and have been addressed, Gap Inc. CEO Richard Dickson said Thursday. But is competition from off price a growing problem for the value brand?

Consumer sentiment falls to new low; cost of living ‘first-order’ worry

A sustained rise in long-run inflation expectations would likely increase the odds that the Federal Reserve will raise interest rates.

5 reasons why Saks Global’s post-bankruptcy forecast is far-fetched

The luxury giant expects to achieve margins and growth that department stores haven’t seen in years.

Destination XL rejects $46M go-private offer

The 82 cents-per-share offer does not reflect the company’s value and is “highly conditional and opportunistic,” Board Chairman Lionel Conacher said.

Dollar Tree CEO: ‘Our model is built for environments like this’

Customers are shopping the discount retailer with a focus on affordability, convenience and trip efficiency to stretch their budgets.

Sephora a surprise drag on Kohl’s in Q1

The department store posted some improvement in the period but margin gains were meager, and sales are expected to be flat at best this year.

Best Buy incoming CEO: ‘We’re not just a retailer anymore’

Jason Bonfig, who takes on the top post in November, plans to grow the business by investing in advertising, customer experience and new store formats.

CBP raises accepted tariff refunds to $85B

As of Friday, about $20.6 billion in certified refunds with interest have been completed through Customs and Border Protection’s dedicated portal.

Walmart operations execs latest to leave amid leadership shakeup

CEO John Furner has been reshaping his team since taking over from Doug McMillon earlier this year.

Capri Holdings’ ‘biggest issue’ is footwear

Michael Kors is going through a strategic repositioning of the category, as that brand and Jimmy Choo prioritize more casual styles.