The Latest
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Walmart cuts 1,500 jobs in US retail, global tech teams
The retailer said it is slashing some roles and adding others in an effort to become more agile and innovative.
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Inside Poppi’s push into gaming as prebiotic soda marketing bubbles up
PepsiCo recently finalized a $1.95 billion acquisition of the brand, which has used a “community- and culture-first approach” to marketing.
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Origins expands to Amazon’s premium beauty store
The e-commerce giant has been bulking up its beauty offering by adding brands like Too Faced, Estée Lauder and Clinique to its lineup.
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Mass-market beauty sales growth exceeds prestige in Q1
It’s the first time in several years that mass brands have outpaced prestige, though the softening for high-end beauty brands corrected itself in March.
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Nike lays off ‘limited number’ of tech employees
The layoffs, which are the result of changes announced last week, come amid a broader turnaround strategy under new CEO Elliott Hill.
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Urban Outfitters reports record Q1 net income
The retailer sees minimal tariff impacts at current rates, but uncertainty in U.S. policy could affect fall inventory timelines.
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Marks & Spencer warns April cyberattack will cut $400M from profits
The U.K. department store chain had to temporarily reduce online shopping services, which hit online sales and trading profits for fashion, home and beauty products.
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Former Vitamin Shoppe CEO returns to top spot
Sharon Leite, who was the company’s chief executive from 2018 to 2023, takes on the CEO role as the company begins operations under new ownership.
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Google is turning AI into a personal shopping assistant
The technology company debuted AI Mode, the ability for shoppers to use agentic capabilities to set up price tracking and make purchases on their behalf.
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How small c-stores can survive
As consolidation drives more independents out of business, smaller retailers need to stand out and connect with their communities, experts say.
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David’s Bridal unveils Diamonds & Pearls store concept
The "store of the future" is a high-touch, tech-powered boutique and features exclusive products, a modern setting and an integration with Shopify.
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Target’s Q1 earnings disappoint amid battle with tariffs, consumer backlash
The mass retailer lowered its guidance for the full year, announced the departure of multiple executives and launched a new strategic office in an effort to combat sales declines.
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US signals reciprocal tariffs will return for some countries
The White House will alert countries of their specific rates in the next two to three weeks, President Donald Trump said Friday.
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Small Business Administration boosts manufacturing funding efforts
The agency will provide up to $1.1 million to three applicants to deliver training and assistance to small manufacturers. An effort to unlock more financing for businesses is also in the works.
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Victoria’s Secret adopts poison pill to halt hostile takeover
The maneuver is in response to the “substantial accumulation” of shares by investment firm BBRC International, which just launched its own lingerie brand.
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April retail sales jumped 5.3% in a ‘last hurrah’
Tariffs have shown a bigger impact on consumer confidence than prices, last month’s data shows.
Updated May 15, 2025 -
As it preps for life beyond Dollar Tree, Family Dollar names CEO
Duncan MacNaughton, a former chief operating officer of the business, will take on the top spot after Dollar Tree finalizes the sale of the banner.
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Lowe’s reaffirms full-year guidance despite Q1 sales dip
The home improvement retailer saw comparable sales slide during Q1, partially due to unfavorable weather in the first half of the quarter.
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The Weekly Closeout: Kohl’s plans to refinance, Wayfair expands large-format concept
The department store intends to refinance with a $360 million offering of new senior secured notes, while the home goods retailer said another larger store is on the horizon.
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Levi’s to sell Dockers to Authentic Brands Group for $311M
The jeans company is selling off the khakis brand to focus on its core labels.
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Home Depot doesn’t plan to raise prices despite tariffs
The announcement came as the home improvement retailer posted a 9.4% sales gain in Q1 and reaffirmed its full-year guidance.
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Walmart family plans university to expand STEM workforce
The institution will be housed at the company’s former headquarters and is expected to welcome 1,500 undergrads and 500 nondegree learners.
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Roblox brings the mall to the metaverse, and vice versa
Fenty Beauty is among the companies testing new ways to merge virtual and physical shopping experiences to produce sales.
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Urban Outfitters deepens Gen Z experiential strategy for back to school
A “UO Hauls” campaign features citywide scavenger hunts, immersive pop-ups and a U-Haul partnership aimed at helping graduates move out.
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Why retail’s e-commerce disruption era is over
Brick-and-mortar stores drive the vast majority of core retail sales, and that won’t change any time soon, according to a report from commercial real estate firm Colliers.