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Adidas America faces almost $400K in fines over warehouse safety violations
The Occupational Safety and Health Administration inspected the facility in 2021 and identified safety hazards that were still not corrected by a January 2024 visit.
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The Weekly Closeout: Amazon delivery speeds up in Canada and Gap Inc. changes its ticker
Prime members in parts of Canada will have faster same-day delivery and the apparel company will trade on the NYSE under the new symbol GAP.
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Snoop Dogg and Solo Stove deliver ‘Blunt Marketing’ in latest ads
The smokeless fire pit maker doubles down on its relationship with the rapper following a previous effort that generated buzz but missed sales goals.
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Guess CFO resigns after one year
The finance chief’s abrupt departure comes on the heels of the apparel manufacturer’s deal earlier this year to buy fashion brand Rag & Bone.
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Facing hundreds of talc-related lawsuits, Avon Products files for bankruptcy
Brazilian beauty conglomerate Natura & Co. earlier this year floated plans to separate its Avon business, but said this week that’s now on hold.
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Lowe’s lowers guidance amid Q2 sales, profit declines
The home improvement retailer was hit by bad weather and a soft housing market, but some analysts say it’s poised to take share.
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Mattress Firm, DoorDash partner on 2-hour delivery
The companies are providing on-demand delivery from the retailer’s more than 2,300 store locations in the U.S.
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How to win over customers in inflationary times. Hint: It’s not just about price.
Quality and other considerations are in play as shoppers mull whether or not to spend their money on discretionary items.
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Walmart used AI to crunch 850M product data points
“We're finding tangible ways to leverage generative AI to improve the customer, member and associate experience,” CEO Doug McMillon said.
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Fabrizio Freda prepares to step down as Estée Lauder CEO
Freda has been at the helm for 16 years and will exit in the midst of a turnaround that has entailed layoffs and other leadership change.
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The image by Dough4872 is licensed under CC BY-SA 3.0
Abercrombie & Fitch Co. to distribute children’s apparel line via Haddad Brands
The deal will allow Abercrombie to expand its product assortment to cater to a broader age group as well as amplify its brand internationally.
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Best Buy launches AI-powered delivery tracking
The company joins the growing ranks of retailers that are tapping artificial intelligence to enhance the shopping experience.
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Walmart e-commerce sales surge 21%, but profitability remains elusive
E-commerce losses narrowed in the quarter, as CEO Doug McMillon told analysts the retailer will “eventually make money in e-commerce.”
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Dillard’s Q2 disappoints as net income plunges
The company said it’s working to better align expenses with sales, but UBS analysts warn that margin and profit declines will likely continue.
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Walgreens names digital commerce leader, chief merchant
Sharmila Sudhakar comes from Tailored Brands to tackle digital growth while Tracey Koller joins from Party City to lead merchandising,
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Mattel names new chief technology officer
Sai Koorapati joins the company from Topgolf Callaway Brands, where he led a digital transformation initiative.
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Deckers sells Sanuk to apparel brand
The footwear brand will become part of Lolë Brands as the athleticwear company eyes portfolio expansion.
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FTC finalizes rule to prohibit sale or purchase of fake reviews
The rule prohibits businesses from buying reviews or testimonials, whether positive or negative, as well as the suppression of reviews.
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Trove acquires competing resale platform Recurate
The combined company will oversee 44 partners and control up to 80% of branded resale traffic in the U.S. as a result of the deal.
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Reebok releases new fitness app
The subscription-based Reebok Fitness app features on-demand workouts, nutritional guidance and the ability to connect with other users.
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Warehouse robot momentum faces cost, ROI challenges
Companies that invest in the pricey tech may need to wait two to three years on average to see a return on investment, market analyst Ash Sharma said.
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Victoria’s Secret brings on Savage x Fenty head Hillary Super as CEO
Martin Waters is out as the chief executive as of Tuesday, but will stay on in a nonexecutive capacity with the company through the end of August.
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Walmart opens ocean shipping network to marketplace sellers
The big-box retailer’s cross border network provides full container load freight service from China to the U.S.
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Amazon unveils 2024 peak season fulfillment fees
The added costs, starting in October, will come as the e-commerce giant gears up for a shorter holiday shipping season.
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Instacart partners with Ibotta to deliver digital coupons to shoppers
Ibotta will be the preferred third-party coupon provider for all eligible product categories available on the grocery tech company’s platforms.
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