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Chewy CFO to exit
David Reeder’s departure comes after the company reported rising sales and active customer figures for 2024.
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Under Armour nears the end of SKU reduction, turns focus to premium products
The athletics retailer hopes to position its assortment as a higher-end offering, including through a $140 backpack.
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On is raising some prices, but it isn’t because of tariffs
The athletics company saw net sales increase 43% and plans to increase pricing to further differentiate itself as a premium brand in the market.
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Eco-friendly cleaning product company Blueland arrives in over 1,800 Target stores
The company is bringing nine plastic-free products and exclusive scents to the mass merchant’s stores and website.
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J.C. Penney swings to a loss
Last year’s sales declines and steep net loss put the retailer at the bottom of the struggling department store sector, an analyst said.
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QVC CEO: Our consumers are ‘heavily distracted by current events’
The company, which is working to become a live social shopping company, reported a 10% revenue drop in Q1 and swung to a loss.
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Michaels deepens assortment of baking and entertaining products
The launch of over 700 items comes as the craft retailer works to capture share left behind in the wake of the Party City and Joann bankruptcies.
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Beyond to acquire Kirkland’s IP for $5M — and plans to license it back
Kirkland’s will run stores for both retailers while Beyond will be able to appoint directors to Kirkland’s board.
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Mattel names CFO amid tariff pressure
The leadership change comes as the California-based toymaker lands squarely in the crosshairs of President Donald Trump’s tariff push.
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The Weekly Closeout: NRF chief defends tariffs, Big Lots accelerates store openings
Matt Shay, CEO of the trade group, called duties “an extraordinarily important tool” for President Trump. Meanwhile, the discount retailer is opening 132 stores this month alone.
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Despite 18% sales drop, Allbirds says it could return to top-line growth in Q4
The footwear brand’s new product lineup is set to hit shelves this fall and a refreshed store concept at one location is leading to higher sales.
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REI Union’s successful ‘Vote No’ campaign leaves 3 board seats empty
The outdoor category has faltered with the end of its pandemic boom, and the retailer reported a 2024 net sales decline, though losses narrowed.
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Purple sales down 13% in Q1, citing softness in wholesale, e-commerce channels
The company said it’s more than doubling its presence in Mattress Firm stores at a time when the brand’s wholesale business is down 24%.
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Tapestry reports record third quarter, raises guidance
Coach revenue gains offset losses at Kate Spade, while Stuart Weitzman saw steep declines ahead of its sale to Caleres this summer.
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One year later, Target calls express self-checkout a success
The retailer’s self-checkout limits led to shorter transaction times and more customers choosing staffed registers.
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Crocs yanks guidance, citing trade uncertainty
The company recently joined with other footwear brands to urge the Trump administration to exempt the category from tariffs.
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Warby Parker posts first quarterly net profit since going public
The brand is working to mitigate tariff impacts, but has already had to raise prices on some lenses and accessories.
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Hims & Hers hires former Amazon exec as Q1 revenue doubles
Nader Kabbani, who spent almost 20 years at the e-commerce giant, joins the health startup as chief operations officer.
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GameStop sells its Canadian business
Entrepreneur Stephan Tetrault acquired the business for an undisclosed amount, adding to his list of toy and gaming ventures.
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Amazon remains bullish on AI as Alexa+ rolls out
The AI agent has reached more than 100,000 users to a positive early response, but Amazon is just beginning to reinvent CX through AI, according to CEO Andy Jassy.
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EBay rolls out conversational AI shopping agent
The tool offers suggestions and advice based on customers’ shopping preferences to assist with product discovery.
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ChatGPT is getting more shopper friendly
OpenAI wants to make it easier for shoppers to find, compare and buy products as more customers turn to generative AI for purchases.
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What a White House-Amazon kerfuffle says about tariffs, prices and talking to customers
Amazon says it decided against telling shoppers how new duties affect prices, a plan the White House slammed as “hostile and political.” But is it a good idea? Yes and no.
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Mattel warns of price increases amid tariff pressure
The toy manufacturer is accelerating a pullback from China, which already accounts for less than 20% of its U.S. imports, a distinct advantage over rivals.
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J.C. Penney to launch plus-size collection with model Ashley Graham
The line will be available both in stores and online starting this fall.
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