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Target’s incoming CEO co-signs letter calling for ‘deescalation of tensions’ in Minnesota
Michael Fiddelke joined about 60 other CEOs, including Best Buy's Corie Barry, in signing a letter about "recent challenges" in the state.
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American Eagle to close Quiet Logistics business
The third-party logistics provider will discontinue services in the coming months and end operations at fulfillment centers in Boston and Dallas.
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Dollar General expands reach of rural same-day delivery service
The discount retailer is the latest company extending its delivery offerings to focus on underserved communities.
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Moleskine opens first neighborhood concept store in US
The Upper East Side location in New York City represents a strategic shift in the company’s retail approach in America.
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Quince expands to Canada
The online retailer has officially launched a website to serve its Canadian customers after soft launching the platform in November.
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Saks Off 5th online is liquidating 5 years after split from brick and mortar
In 2021 private equity investors poured $200 million into a spin-off of the off-pricer’s digital operations, but the anticipated return never materialized.
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WHP Global to pay $300M for controlling stake in Lands’ End
The apparel brand, which has explored strategic options since March, will continue to be in charge of its operations.
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Bob’s Discount Furniture eyes up to $2.48B valuation in IPO
The furniture retailer aims to raise up to $370 million through its offering as it looks to pay off debt.
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Private label sales set another record in 2025
Shoppers spent just under $283 billion on store-brand products last year, up 3.3% compared with 2024, the Private Label Manufacturers Association reported.
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Francesca’s to permanently close
The fashion retailer is liquidating stores after alternative funding from an investor fell through and two major suppliers lost their own capital from lenders.
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De minimis’ end, tariffs spur headwinds for Aritzia
The apparel retailer altered its supply chain strategy when the trade exemption ended, relocating all U.S. order fulfillment to Ohio.
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At Michaels, taking Party City and Joann’s market share was priority No. 1
CEO David Boone, who joined the craft retailer about a year ago, said the company’s efforts in fabric and party supplies have “powered the business.”
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Lululemon puts Get Low leggings back online — with caveats
Pulled after complaints that the leggings were see-through, the product page now advises shoppers to size up and wear skin-tone underwear.
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Authentic Brands Group acquires majority stake in Guess IP
The brand’s management, including co-founders Maurice and Paul Marciano, retain ownership in and responsibilities for its operations.
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How Macy’s Media Network navigates complex ‘coopetition’ with Amazon
Since signing on for a pilot with Amazon’s Retail Ad Service, the platform has drawn 175 new brands to its sponsored product offerings.
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Target adds former Nike innovation chief to board
The mass retailer — which is undergoing a turnaround effort — also appointed the former CEO of HanesBrands to the board of directors.
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Caleres taps interim CFO; details Saks bankruptcy impact
The footwear company warned of potential sales volatility stemming from the Saks Global bankruptcy, which has left many vendors waiting for reimbursements.
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The Weekly Closeout: Hilma Running, Inkbox shut down
The running shoe company is shuttering due to an inventory issue, while Bic is closing the semi-permanent tattoo brand nearly four years after its acquisition.
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Nordstrom to move downtown Seattle Rack store to historic building
Expanding its off-price business has long been a source of new customers and a key pillar of the department store’s growth strategy.
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Store openings slowed in 2025
Last year’s openings are projected to be nearly flat, but growth could accelerate in 2026, per a new report from Telsey Advisory Group.
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CEOs know AI is important. But what should they do with it?
Mid-market chief executives are experimenting with the tech, but few are integrating it across their enterprises, a new survey found.
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Nike shakes up regional leadership team
Company veterans Carl Grebert and Angela Dong will leave as CEO Elliott Hill works to improve performance across geographies.
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Amazon targets pop-up retail with upgraded Just Walk Out tech
The latest changes to its RFID-enabled checkout lanes are aimed at making it easier to use in settings like festivals and temporary stores.
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For retail brands, TikTok Shop’s rise brings viral success — and disruption
At NRF, executives described major sales wins while acknowledging the social commerce feature is shaking up several retail fundamentals.
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Cautious consumers shunned big-ticket items last year
Higher tax refunds could lift discretionary spending in 2026, but the labor market is the biggest factor, according to Bank of America Institute research.