Inside Pat McGrath Cosmetics’ bankruptcy

The Chapter 11 filings said a lender commenced the auctioning of the brand without founder and CEO Patricia McGrath’s consent.

Adidas plans share buyback as 2025 sales reach record high

The activewear giant will purchase up to 1 billion euros of its shares as revenue reached almost $30 billion.

Home Depot cuts 800 jobs

The roles within its Atlanta store support center are primarily concentrated in its tech organization. 

Amazon to halt palm payments

The company said all Amazon One palm readers will be removed from physical stores by June 3.

Levi’s revenue grows despite continued tariff headwinds

The apparel company's Q4 net revenues increased 1% and CEO Michelle Gass revealed it will debut a conversational AI chatbot for customer recommendations.

Tractor Supply reins in guidance after weak finish to the year

Weaker demand for discretionary goods and fewer severe weather events hurt Q4 sales while tariffs helped drive down margins.

The Weekly Closeout: Reebok teams with Karol G and will January storms ice out retail sales?

The activewear brand signed a multiyear deal with the Colombian artist, while analysts speculate upcoming weather could slow spending.

Pinterest to lay off 15% amid AI investment

As the social media giant integrates AI further into its platform, the company is trimming its staff and office footprint.

Nordstrom names chief supply chain officer

Jason Bell was promoted to the position after serving as senior vice president of supply chain operations since 2021.

What’s up with department stores?

The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.

On appoints new CFO

Frank Sluis will take over finance leadership from CEO Martin Hoffmann, who had been juggling both positions since last July.

Crocs puts self-expression over algorithmic sameness with new platform

Ads show mannequins dancing to life and growing more human as the footwear marketer encourages real-world experiences over digital drudgery. 

Simon Property Group flags $100M Saks Global investment in rent dispute

The mall REIT told the bankruptcy court that the luxury department store owes more than $7 million.

Amazon cuts 16K jobs

The e-commerce giant declined to say how much this latest round of downsizing would impact its retail operations.

Allbirds to close all US stores, save 2 outlets

The one-time DTC darling operated more than 60 locations at its peak, but will have just four company-run stores globally by the end of February.

Target expands beauty assortment, adds 60 new brands

The mass retailer is refreshing its beauty space in stores and hosting in-person events as it winds down its partnership with Ulta. 

What Saks Global’s bankruptcy means for vendors

Big names like Chanel and Kering are owed substantial sums and are likely to be paid well before smaller brands’ past-due invoices.

Sports giant Anta snaps up Puma stake for $1.8B

The Chinese company, whose portfolio includes Fila and a majority stake in Amer Sports, will be the sneaker brand’s largest shareholder.

Nike to lay off 775 as it consolidates US distribution centers

The activewear retailer is accelerating technology and automation use in the hopes of improving efficiency across its supply chain.

Amazon to shutter all Amazon Fresh and Go stores

The company will focus its brick-and-mortar strategy on Whole Foods Market, with plans to open more than 100 new stores under the banner over the next few years.

Target’s incoming CEO co-signs letter calling for ‘deescalation of tensions’ in Minnesota

Michael Fiddelke joined about 60 other CEOs, including Best Buy's Corie Barry, in signing a letter about "recent challenges" in the state.

American Eagle to close Quiet Logistics business

The third-party logistics provider will discontinue services in the coming months and end operations at fulfillment centers in Boston and Dallas.

Dollar General expands reach of rural same-day delivery service

The discount retailer is the latest company extending its delivery offerings to focus on underserved communities.

Moleskine opens first neighborhood concept store in US

The Upper East Side location in New York City represents a strategic shift in the company’s retail approach in America. 

Quince expands to Canada

The online retailer has officially launched a website to serve its Canadian customers after soft launching the platform in November.