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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.

Another strong quarter for Dick’s quells some Foot Locker fears

The Foot Locker business posted its first positive comps since late 2024 and the company raised guidance for both banners.

Lululemon, Chip Wilson settle feud

Two of Wilson’s board nominees will join after all, and he has agreed to hold off on further agitation for the next 18 months or so.

Dick’s Sporting Goods launches AI adviser

Coach by Dick’s provides shoppers with product recommendations and training tips tailored to their sport, needs and proficiency level.

Warby Parker to enter new category with Intelligent Eyewear

The company unveiled its first smart frame, as it partners with Google and Samsung on a collection that will launch this fall.  

Bath & Body Works CEO: ‘We are in the early stages’ of transformation

The retailer reported that Q1 net sales dipped 3% year over year. Meanwhile, CFO Eva Boratto will step down from her role in June.

Shoe Carnival ditches rebanner strategy

The company sees renewed merit in running its namesake and Shoe Station brands as independent components of its portfolio.

Walmart ties expected tariff refunds to price strategy amid cost pressures

CFO John David Rainey said potential recoveries would be directed toward lowering prices as fuel costs pressure consumers.

It’s official: Shein will acquire Everlane

The deal promises to salvage the sustainability-oriented DTC brand’s finances, but its tie-up with the Chinese fast-fashion giant comes at a cost.

Under Armour reaches 25% SKU reduction goal

The retailer has made efforts to trim its product mix over the last two years as part of a more disciplined inventory management strategy.

Google launches cross-retailer Universal Cart

Shoppers can add items to their cart across merchants from Search, Gemini, YouTube and Gmail.

The Weekly Closeout: John Varvatos quietly exits Under Armour and Victoria’s Secret’s ticker gets sexier

The designer left the athletics brand last fall. Meanwhile, the lingerie company will sport a new ticker symbol, VSXY, on the NYSE. 

Estée Lauder, Puig call off merger talks

When the discussions were disclosed in March, analysts weren’t thrilled about the tie-up’s potential to interrupt Estée Lauder’s turnaround.

Lowe’s courts DIY shoppers as AI tools boost online conversions

The retailer is aiming to build relationships with its DIY customers through AI-enhanced omnichannel shopping, associate-led services and loyalty program options.

The Backroom: What’s really happening at Lululemon?

Senior Editor Cara Salpini joins the podcast to discuss the pushback against the incoming CEO, founder Chip Wilson’s battle with the board and more.

E.l.f. Beauty does an about-face on price hikes

Following a “pronounced decline” in unit volume, CEO Tarang Amin said the company was testing adjustments to its tariff-driven strategy.