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Puma rallies around sport performance for largest marketing investment yet
Launching ahead of the Olympics, the global campaign also marks the first time the sportswear brand has run a unified message across its portfolio.
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Tracker
The running list of major retail deals
In the first three months of the year, Beyond acquired Zulily, Walmart bought Vizio and Arc’teryx parent Amer Sports went public.
Updated March 21, 2024 -
Nike remains a top brand for teens, but shows signs of wavering interest: survey
The brand is still leading the way in footwear and clothing, but is beginning to lose share to On and Hoka.
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Ipsy brings on Patrick Starrr as new Icon Box curator
The makeup artist’s box includes products from his own brand, One/Size, as well as from Fenty Skin, Benefit Cosmetics and Kosas.
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Knix launches mesh collection
The “sexy” line of mesh underwear and bodysuits features Knix’s new global brand ambassador, Gabrielle Union.
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Toy maker MGA Entertainment launches DTC website
The company aims to bring its top brands, including L.O.L. Surprise!, Little Tikes and Bratz, under one online storefront.
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JLL finds signs of rebound in New York City retail real estate
But some submarkets are doing better than others when it comes to asking rents and availability.
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Dove pledges to not use AI models in lieu of real women in its advertising
A new campaign, “The Code,” shows unrealistic standards produced by current AI tech and promotes guidelines for creating more inclusive results.
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Home Depot confirms breach of employee data
The retailer said a vendor error led to the exposure of identifiable information of some employees.
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Coach files trademark and unfair competition complaint against Gap
The complaint takes issue with some Old Navy-branded T-shirts, which attorneys for the Tapestry-owned brand say are meant to make consumers think “there is a connection or association between” the brands.
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Allbirds receives delisting warning from Nasdaq
The footwear brand’s stock traded at less than $1 for 30 consecutive days and the company has until Sept. 30 to regain compliance.
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Nordstrom taps company veteran to lead Rack merchandising
Lori Marten has held various merchandising roles at the department store for nearly 30 years, and will join the off-price unit later this month.
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Sèchey expands curated nonalcoholic beverage range at Target
Brands now part of the big-box retailer’s assortment of alcohol alternatives include Kin Euphorics, Ghia, De Soi, Mingle, Free AF and Edna’s.
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99 Cents Only files for Chapter 11
The bankruptcy filing comes just days after the discount retailer announced plans to liquidate and close all stores.
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Best Buy to use generative AI for virtual assistant, customer support experiences
The tech will help with customer service, including troubleshooting product issues, managing software and rescheduling or combining order deliveries.
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Uniqlo to open first stores in Texas, expand in California
The upcoming openings will build on Uniqlo's plan to reach 200 stores in North America by 2027.
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Yeti opens first New York store
The cooler maker’s 20th store, featuring a large customization space, comes as the brand reached $1 billion in sales last year in the drinkware category.
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Petco faces downgrades amid sales, profit and share declines
Analysts from S&P Global Ratings and Bank of America said the pet retailer’s struggles are likely to continue this year and possibly into 2025.
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Serena Williams launches Wyn Beauty
Along with its DTC site, the brand launched at 685 Ulta Beauty stores and on the retailer’s website.
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Solo Stove puts the ‘deep’ in deep dish with subterranean pizza-making class
A livestreamed event from Alabama’s Majestic Caverns is part of a more aggressive marketing strategy for the outdoor lifestyle brand.
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Podcast
The Backroom: Why it’s so hard for retailers to do the right thing
Businesses face new ethical questions and must act with more transparency in what corporate integrity expert Alison Taylor calls a “turbulent world.”
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Whole Foods to pull Amazon’s Just Walk Out technology from stores
The specialty grocer, which operates the checkout tech at just two stores, will follow the same path as Amazon Fresh stores in the U.S.
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GameStop COO is out
Nir Patel arrived about two years ago from Belk, where he had been CEO for less than a year. The struggling gaming retailer won’t replace him.
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Shein, Temu have high customer overlap with TikTok Shop: report
Even while facing a potential ban in the U.S., the platform is dominating social shopping, an Earnest Analytics report finds.
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99 Cents Only to liquidate
The company’s small footprint left it unable to compete with larger rivals in a tough macroeconomic environment, according to industry experts.
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