The Latest
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Courtesy of Walmart
The Weekly Closeout: Layoffs jump in January and Walmart hits $1 trillion market cap
Last month was the biggest dip in hiring since the Great Recession. Meanwhile, the big-box retailer reached a milestone.
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chabybucko via Getty Images
Sponsored by ElavonYou built a business to be your own boss. So why does your business feel like the boss now?
But somewhere between launch and growth, entrepreneurs find that the business that promised freedom starts making demands of its own.
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Spencer Platt via Getty Images
Under Armour CEO: ‘Most disruptive’ phase of turnaround is over
Revenue in Q3 was down 5% to $1.3 billion, but executives believe declines in North America have hit the bottom of their trajectory.
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Kaarin Moore/Retail Dive
Saks Global brings back Neiman Marcus exec to oversee marketing, e-commerce
Cheryl Han, who joined Saks Global’s leadership early last year but left months later, has taken the dual role of chief marketing and digital officer.
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Nate Delesline III/Retail Dive
The Home Depot debuts Material List Builder AI
The technology helps its Pro customers quickly generate project material lists from voice prompts, emails, texts or existing documents.
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Courtesy of Walmart Inc.
Walmart debuts latest Supercenter in Jacksonville, Florida
The mass retailer's new location features a fresh sushi bar and follows the opening of another Supercenter in the state about a month ago.
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Border patrol, Canadian ire dampening traffic at Simon malls
CEO David Simon on Monday said he expects tariffs to continue to weigh on retailers this year, but shrugged off the impact of bankruptcies.
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Daphne Howland/Retail Dive
Designer Brands confirms layoffs
The parent company of DSW said the action was taken to simplify its organizational structure and reduce complexity.
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Courtesy of Canada Goose
Canada Goose picks longtime executive to lead North America
Patrick Bourke has been at the brand for a decade and replaces Ana Mihaljevic as president of that business, where sales grew 20% at the holidays.
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Natalie Behring via Getty Images
Nike under investigation for alleged discrimination against White workers
The activewear giant called the EEOC’s recent attempt to enforce an administrative subpoena a “surprising and unusual escalation.”
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Courtesy of The National Retail Federation
Top retail conferences in 2026
These events will cover the topics that are top of mind for executives, including AI, customer behavior and technology.
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Courtesy of Coty
Coty partners with OpenAI
The company is weaving AI throughout its business as the technology serves as “an efficiency enhancer” for creativity and strategic thinking.
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Daphne Howland/Retail Dive
Bed Bath & Beyond Inc. to acquire Tokens.com
The home retailer is building a tokenized investment platform, supporting its larger goal of being involved in home financing.
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Kaarin Moore/Retail Dive
Who controls Saks Global’s IP?
Authentic Brands Group now owns 77% of the entity that controls a perpetual master license to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
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Private equity firm acquires Buddy’s Home Furnishings
The rent-to-own furniture company is gaining partners who “value our franchise network,” according to CEO Michael Bennett.
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Dani James/Retail Dive
Target, Walmart usher in new CEOs
Michael Fiddelke reiterated his top priorities after taking on the position at Target. Meanwhile, Walmart's John Furner paid tribute to his predecessor.
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Kaarin Moore/Retail Dive
What to watch in retail in 2026
From the trajectory of the department store segment to the rise of generative AI, here’s what Retail Dive is keeping an eye on this year.
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Permission granted by Supergoop
Supergoop taps Peloton vet as chief marketing officer
The appointment of Lauren Weinberg to the top marketing post comes on the heels of Melis del Rey becoming CEO at the end of 2025.
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Courtesy of Saks Fifth Avenue
Amazon’s luxury storefront will carry on with or without Saks
Less than a year ago Saks Fifth Avenue began curating a high-end assortment for the e-commerce giant, but the two are now at odds.
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Kendall Davis/Retail Dive
Podcast
The Backroom: Saks Global and the bankruptcy that everyone saw coming
The team chats about their recent visits to Saks Fifth Avenue’s Manhattan flagship and brings in Debtwire analysts to discuss the retailer’s Chapter 11 process.
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Courtesy of Peloton
Peloton lays off 11% of workforce
The move is part of the company’s previously announced restructuring plan that aims to generate $100 million in cost savings by the end of fiscal 2026.
Updated Feb. 4, 2026 -
Justin Sullivan via Getty Images
Walmart readies cross-border shipping program for sellers
Launching early this year, Walmart Exports will allow eligible products to be delivered from the U.S. to shoppers in Mexico and Canada.
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Courtesy of Merit
ColumnThe Weekly Closeout: Valentine’s Day spending to top $29B, Merit to raise prices
Consumers are budgeting roughly $200 on gifts for the holiday, per NRF, while the beauty brand is increasing prices on select products.
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Daphne Howland/Retail Dive
Claire’s names chief brand officer
Michelle Goad, who most recently served in an executive role at Gap Inc., is tasked with transforming the tween retailer's mall-oriented store footprint.
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Courtesy of Arc'teryx
Arc’teryx brings on Tommy Hilfiger vet as first chief brand officer
Avery Baker has been appointed to the newly created role. Meanwhile, the outdoor clothing company’s new general manager for EMEA is from Celine.
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Getty Images
Retail’s risky AI commerce bet
As retailers race to meet consumers on external AI platforms, they risk losing data and direct interaction with shoppers. Experts say disruption has only just begun.
