The Latest
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Podcast
The Backroom: Under Armour’s past — and future — under Kevin Plank
The executive earlier this year returned to the athletics brand he founded nearly 30 years ago. What does that mean for the company?
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Walmart to help sellers fulfill orders from third-party e-commerce sites
The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service.
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Kohl’s CEO ‘disappointed’ with 4.2% sales drop in Q2
As the retailer nears having a Sephora in every store and 200 Babies R Us openings, there's still “work to do” to improve apparel and footwear sales, the executive said.
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Walmart Marketplace expands into premium beauty, collectibles and pre-owned categories
As the retailer vies for collectibles shoppers and share in the secondhand market, it faces competition from established players like eBay.
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What lies ahead for Bonobos under new ownership
The DTC darling has changed hands several times over the past decade. Does that matter?
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Is Victoria’s Secret finally on the upswing?
Ahead of welcoming a new CEO, the intimates giant bumped up its expectations for the year and the third quarter, when its Fashion Show returns.
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Amazon Fresh debuts 4 new stores
All of the locations offer smart grocery carts and Amazon One, the company’s palm-recognition technology.
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At Stitch Fix, stylists move into the spotlight
In its quest to stem sales declines, the apparel box retailer has overhauled its customer experience model.
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Foot Locker to exit several international markets, move headquarters to Florida
Yet another cost-cutting and simplification effort will see the retailer exit South Korea, Denmark, Norway and Sweden by mid-2025, and switch its New York City base for one in St. Petersburg, Florida.
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Anniversary Sale, Rack propel Nordstrom’s Q2 sales
Strong regular-price sales also helped boost margins, but the retailer raised its guidance only slightly.
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With new leaders and a new plan will Beyond’s ‘gallery of brands’ succeed?
The company is leveraging Bed Bath & Beyond’s deep name recognition and plans to develop a gallery of retail brands ranging from luxury to off-price.
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Big Lots offers $5.2M in retention bonuses to 4 executives
The move could signal a potential bankruptcy on the horizon, according to Debtwire's global head of legal and restructuring.
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Barnes & Noble founder Leonard Riggio dies at 83
Riggio created the nation’s largest network of big-box bookstores and co-founded what would later become GameStop.
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How chatbots can personalize self-service interactions
Generative AI chatbots are well-suited to draw on customer metadata and company knowledge bases to personalize self-service experiences.
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Gen Z more likely to buy holiday gifts via social media: report
Instagram and Facebook are forecast to be the most popular platforms for gift purchases during the season.
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Lady Gaga’s Haus Labs beauty line launches in Sephora at Kohl’s
The department store is continuing to pour resources into its Sephora partnership to draw more customers amid sales declines.
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Column
The Weekly Closeout: Amazon’s October sales event returns and Hollister goes back to school
The e-commerce giant is prepping for its unofficial holiday kickoff event, while the apparel brand launched a collection featuring over 30 U.S. universities.
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Purple lays off corporate staff as it plots factory closures
The mattress retailer cut an unspecified number of jobs this month and is closing two manufacturing sites in Utah.
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Consumers tap credit cards, loans to manage inflation: Fed report
Gen Z and millennials were the age groups most likely to use loans and credit cards in response to higher prices, a Federal Reserve research report said.
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Retrieved from Office of California Governor Gavin Newsom on August 16, 2024
With support of retail industry, California enacts package of bills to fight retail crime
Gov. Gavin Newsom hopes to blunt the potential of a November voter referendum that he says could undermine the new legislation.
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Yankee Candle to lay off 100 distribution operations workers
The layoffs are the result of consolidation efforts, according to parent company Newell Brands.
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Heydude taps Sydney Sweeney for campaign emphasizing comfort
The brand has an ambitious full-year goal to limit declines to 10% or less, and a lot is riding on the holiday quarter.
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How J.C. Penney is using AI and machine learning in its supply chain
The department store retailer is investing heavily in new technology to improve productivity and upgrade its legacy systems.
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Nearly 40% of consumers return an online purchase ‘at least’ once a month: report
The majority of consumers are open to exchanges or store credit instead of full refunds if the returns process is easy, according to Narvar.
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Dolly Parton launches beauty line
A collection of four lipsticks is available online now, with a full in-store rollout scheduled to begin in 2025.