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GameStop’s $56B eBay bid aims to create collectibles powerhouse

The gaming retailer submitted an unsolicited acquisition proposal for the online marketplace and suggested its store fleet could serve as eBay's fulfillment network.

The Weekly Closeout: Pat McGrath Labs exits bankruptcy, GameStop bets on ‘retro’

The cosmetics company forged a deal with GDA Luma, while the gaming retailer is expanding its assortment of older products nationwide.

Amazon opens logistics network to all businesses

Amazon Supply Chain Services covers freight, distribution, fulfillment and parcel delivery, including for non-Amazon sellers, with Lands' End among its users.

Puma names new CFO, touts turnaround progress

The activewear brand will lean on a Hugo Boss alum to help steer its ongoing turnaround efforts as it seeks to rightsize inventory and reduce costs.

Saks Global slashes 16% of its corporate workforce

The latest round of downsizing comes amid the luxury retailer’s bankruptcy and leaves it to focus resources “toward critical capabilities that will drive profitable, sustainable growth,” a spokesperson said Thursday.

Target launches new kind of supply chain facility

The Houston Receive Center gives the retailer more inventory-holding capacity before sending products to downstream locations.

Estée Lauder now expects up to 10K role reductions

The cosmetics company increased its expected role cuts as part of its restructuring effort, with much of the increase in point-of-sale jobs at department stores.

Carter’s brings on Build-A-Bear vet as CEO

The appointment of Sharon Price John as chief executive comes only a year after the company named someone else to the top spot.

J. Jill names Coach vet as chief marketing officer

Kimberly Wallengren, who also worked at American Eagle and Adidas, will focus on brand positioning, expanding customer reach and growing consumer engagement.

Claire’s marks next chapter with Gen Alpha-focused ASMR campaign

“A Girl SMR at Claire's” includes ASMR filming set-ups, a Summer Sensory Shop and a presence on teen-focused social platform Coverstar.

Amazon Prime Day moves to June

The e-commerce company's sales event happened in July last year. Meanwhile, Q1 earnings showed strong growth in online store net sales.

Walmart is bringing beauty-focused store associates to hundreds of stores

The "Beauty Expert" position, which features specialized training, is expanding this year after a successful pilot.

Kohl’s delves into AI for gift finding, aiding associates

The retailer launched a conversational AI agent to help shoppers find gifts, and is evolving how associates engage with data using the technology.

Bed Bath & Beyond CEO: AI will lead to ‘significant reduction in headcount’

Areas impacted at the retailer could include supply chain, IT, accounting, marketing and merchandising, Marcus Lemonis told analysts Monday.

Consumer confidence unexpectedly inches up as view of jobs brightens

The improved outlook among consumers toward the labor market bolstered the argument among Federal Reserve officials opposing a cut to the main interest rate.

Wayfair touts market share gains in retail’s toughest category

The home goods retailer also posted a healthy Q1 sales increase, but its struggles with profitability continued as net loss barely budged.

Consumers are down, yet retail sales keep going up. How long can this last?

Retailers wrapped up the first quarter with another healthy boost in March. 

Target requires 150 remote merchandising employees to relocate

Impacted employees can move to the retailer's Minneapolis HQ or leave the company. Target hopes that in-person collaboration will help it regain merchandising authority.

Bath & Body Works names first chief brand and product officer

Veronique Gabai-Pinsky comes to the company with decades of experience, including launching her own brand and serving as president of Vera Wang Group.

Amazon allegedly pushed vendors to set higher prices at Target, Walmart

California's attorney general office claims the e-commerce giant worked with brands, including Levi’s and Hanes, to raise prices on products on competitor websites.

As discounts proliferate, Adidas must ‘defend newness’

In another big growth quarter, the activewear giant said it pulled back on wholesale to avoid promotions on new product.

Etsy CEO calls on sellers to refresh inventory, provide ‘really great human service’

Kruti Patel Goyal, a 15-year company veteran who took the top job in January, said the company’s Q1 performance indicates early turnaround success.

Purple taps former La-Z-Boy exec as CFO

The mattress company also reported a miss on Q1 revenue and decreased its full-year outlook due to an accounting adjustment.

Home Depot helps advertisers reach DIY audiences on Reddit and Pinterest

Advertisers will be able to launch Reddit campaigns directly through Orange Apron Media’s self-service portal as part of an industry-first integration.  

Amazon extends annual pet sale

The promotional event is being lengthened from two days to five for the first time, starting May 11.