The Latest
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Ear piercing is the next fun retail trend
Target is doing it. So are CVS and Five Below. But, can piercing draw shoppers into stores?
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After heightened demand during the pandemic, growth at Home Depot and Lowe's begins to normalize
A cooler spring delayed sales during Q1, but Home Depot's position among professionals helped it weather challenges better than its rival.
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Target's profit 'collapsed' in Q1 as retail smashes into fuel costs
The retailer faced hundreds of millions of dollars in unexpected freight costs. But the company is being selective in when to hike prices.
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Consumers were undeterred in April, sending retail sales up over 11%
But retailers should prepare for a more difficult second half of the year, as inflation and supply issues get more serious.
Updated May 17, 2022 -
Retailers pledge to address racial profiling, unfair treatment of store customers
Several companies and brands are joining Sephora and the nonprofit Open to All in acknowledging bias and pledging concrete steps to combat it.
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When activists come for retailers: 7 recent shareholder spats
Hedge funds have been pressing for everything from new leadership to company spinoffs at some mainstay industry players.
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David's Bridal acquires custom wedding dress startup Anomalie
However, Anomalie will no longer create custom gowns and will instead "build tools that fulfill the mission of helping brides."
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Target to award $25M in paid media to diverse brands
While a typical paid media program through Target costs more than $50,000, Roundel Media Fund participants would receive the same reach for $5,000.
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Column
The Weekly Closeout: Eddie Bauer CEO exits and Target workers move to unionize
Damien Huang had only been CEO for about a year, while Target's Christiansburg, Virginia, employees seek higher wages.
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Walmart's profits take a hit as fuel spikes and consumers react to inflation
As costs continue rising, the retailer is being strategic about pricing — raising and rolling back as it seeks market share and profit.
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Century 21 to return to its iconic NYC flagship
During a time of challenges in the department store industry, the off-price luxury retailer is making a comeback after its 2020 bankruptcy.
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Best Buy just launched a $200 home pick-up recycling program. Is it necessary?
For consumers looking to avoid e-waste, retailers are filling a gap left by manufacturers.
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Instagram celebrates Shop anniversary with New York City pop-up
Instagram celebrates 1 million followers on its Shop account as the social commerce industry is expected to grow.
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Gap sets up shop in Roblox to boost teen inclusion, self-expression
Inspired by its summer ad campaign, the retailer's Club Roblox Boutique is in line with Gen Z preferences around the nascent metaverse space.
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Amazon faces worker demands — from shareholders
The Securities and Exchange Commission's new focus on "social policy significance" means some activist proposals will get a vote at the e-commerce giant's annual meeting this month.
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Stepping into personal care, Blueland launches refillable body wash
The company says a reason for creating the powder-to-gel body wash is to avoid the heavy shipping weights that have larger carbon emissions.
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Google opens second retail store
The tech company says its new Brooklyn location is the first of its "neighborhood stores," meant to be more intimate and community focused.
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Deep Dive
Sneaker supremacy: Nike and Adidas battle for brand love
Duking it out over six decades, the athletic wear companies influenced sports marketing and culture like few others. Who dominates in the stretch ahead may hinge on innovation and acting on pledges.
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Klarna debuts virtual shopping tool
The platform is adding more services as the buy now, pay later industry faces more regulatory scrutiny.
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Bark taps former Nike, Weight Watchers exec as chief marketing officer
Cindy Gustafson will be responsible for leading the online pet retailer's brand direction and driving growth.
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Deep Dive
For future growth, Reebok is looking to its past
A new owner could be an opportunity for the brand to reclaim some of its previous clout. But it's been a long time since Reebok's prime.
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Warby Parker lost $15M in sales as a result of pandemic disruptions in Q1
Despite the lost sales, the eyewear brand grew revenue by 10.3% year over year and 18% from 2019. But profitability continues to weigh on the company.
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Belk CEO departs after less than a year in the job
Chief Operating Officer Don Hendricks is taking the post in the interim, replacing Nir Patel, who is leaving to become COO at GameStop.
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Deep Dive
Buy now, pay later players' losses grow as costs soar
BNPL providers are paying a hefty price to keep up with surging consumer demand for their financing services, spending large sums to add new tech and more employees.
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GameStop poaches former Belk CEO as its new COO
Nir Patel is the retailer's second operations chief in a little over a year.