The Latest

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    Justin Sullivan via Getty Images
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    Column

    The Weekly Closeout: Big 5 Sporting Goods sold, NRF goes up against New York

    The retailer was acquired by Worldwide Golf and Capitol Hill Group. Meanwhile, the National Retail Federation took aim at New York's new law requiring algorithmic pricing disclosures.

  • A pair of black, blue and white converse shoes on a white background
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    Permission granted by Nike
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    Nike names 21-year veteran Aaron Cain CEO of Converse

    Jared Carver is leaving the role after just two years, but will stay on for a transition period through the end of the month.

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    Courtesy of Levi Strauss & Co.
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    Levi’s ups guidance despite tariff impact

    The brand is leaning on partnerships with Beyoncé, Shaboozey and Nike as it works to boost its direct-to-consumer channel worldwide.

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  • Headshots of Brian Burnett and Molly Hartney.
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    Courtesy of Rack Room Shoes
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    Rack Room Shoes names chiefs of digital, merchandise

    The retailer promoted from within, naming Brian Burnett chief merchandise officer and placing Molly Hartney in the new role of chief digital officer.

  • A green and red brick Dick's storefront with trees in the foreground.
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    Courtesy of Dick's Sporting Goods
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    Deep Dive

    Why Dick’s Foot Locker acquisition is a big bet on Nike

    Foot Locker took a big hit when Nike started pulling away from wholesale partners. But if the brand makes a comeback — and gets product innovation firing again — Foot Locker’s fortunes could change.

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    valentinrussanov via Getty Images
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    US consumers adjust spending in response to tariffs

    Behavior shifts are happening in real time as shoppers feel economic stress caused by levies, according to a Savanta report. 

  • TikTok sign outside of office building.
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    Mario Tama / Staff via Getty Images
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    Luxury shoppers turn to TikTok for product discovery

    Users are scrolling the social media giant to find product reviews, creator videos and other content that influence their purchases.

  • A U.S. Customs and Border Protection badge is displayed on a sleeve.
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    Joe Raedle via Getty Images
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    De minimis exemption slated to end in 2027

    Commercial use of the trade tool allowing low-cost imports to avoid duties will be repealed as part of an expansive bill the president signed on Friday.

  • A Saks storefront in Chicago.
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    Kaarin Moore/Retail Dive
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    Another Saks Global stores exec is out

    John Antonini leaves after more than 25 years at Saks Fifth Avenue and just a few months into a newly created position centered on store growth.

  • TikTok's app is seen on an iPhone.
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    Dan Kitwood via Getty Images
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    These social media platforms are beating out Google for product discovery, reviews

    While many shoppers still use the search giant, a PartnerCentric survey found some are instead turning to Reddit, TikTok and others.

  • A Neiman Marcus department store, surrounded by trees.
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    Daphne Howland/Retail Dive
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    S&P Global Ratings downgrades Saks, warns latest financing deal is ‘tantamount to a default’

    Saks Global emphasized that there’s no default related to its new agreement with bondholders, calling the rating updates “common and expected with transactions like these.”

  • Exterior of an Ulta store
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    Kaarin Vembar/Retail Dive
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    Ulta Beauty breaks into the UK with Space NK acquisition

    The deal adds 83 stores to its portfolio and gives the beauty powerhouse a strong foothold in the U.K. market.

  • A Family Dollar store in Moab, Utah.
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    Kaarin Vembar/Retail Dive
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    Dollar Tree completes $1B sale of Family Dollar

    The discount retailer sold the banner to private equity firms more than a decade after acquiring it for about $8.5 billion.

  • checks payments paper small business B2B
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    payphoto via Getty Images
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    Q&A

    Small business isn’t quitting checks

    The paper check will persist for decades for small companies, despite the growth of digital payments, BillGO’s CEO predicts.

  • A person looking at product listings on a computer.
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    AndreyPopov via Getty Images
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    Retail accelerates investments in generative AI

    The industry is also one of the leaders of AI agent and multiagent system adoption, according to a Capgemini report. 

  • The inside of Chamos' reimagined store concept.
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    Permission granted by Champs
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    As Champs reimagines stores, mall convenience meets e-commerce perks

    The sports retailer’s new store concept uses technology for an experience that blends its digital and physical channels.

  • White House Press Secretary, Karoline Leavitt
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    Andrew Harnik via Getty Images
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    Trump rolls out reciprocal tariffs for Japan, South Korea, others

    The U.S. detailed the rates it will impose on imports from certain countries starting Aug. 1 in identical letters shared by the president Monday.

  • An entrance to a clothing store.
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    Daphne Howland/Retail Dive
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    Lululemon increasing markdowns at ‘alarming rates’ as momentum fades

    In a research note, Jefferies analysts called out inconsistent pricing for identical items and the consequences of attempts to lure younger shoppers.

  • The exterior of Eastside Golf's store at the Detroit Metropolitan Airport.
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    Courtesy of Eastside Golf
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    Eastside Golf opens first store

    The brand launched the store at the Detroit Metropolitan Airport in partnership with Paradies Lagardère, which operates travel retail and the PGA Tour stores.

  • A small sailboat passing by a massive container ship.
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    Mario Tama via Getty Images
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    The retail inventory method vs. cost accounting in the tariff era

    Wild swings in margin estimates under RIM calculations led Walmart executives to pull their profit guidance in May.

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    Courtesy of Amazon
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    Online summer sales expected to be the equivalent of ‘two Black Fridays’

    Events including Amazon Prime Day are expected to boost digital sales as price-conscious consumers seek discounts, per Adobe.

  • Customer with water in his cart is shown shopping inside a Costco store.
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    Joe Raedle via Getty Images
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    Stores remain dominant, even as digital, AI shopping grows

    Physical retail is still the most popular channel to shop, but as AI tools become more prevalent, retailers will need to rethink in-person offerings, EY’s Jon Copestake says.

  • Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol on June 27, 2025.
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    Al Drago via Getty Images
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    US preps for August return of country-specific reciprocal tariffs

    The Trump administration plans to reinstate the levies Aug. 1 after alerting individual trading partners of their specific duty rates starting Monday.

  • Headshot of Cynthia Williams
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    Courtesy of Hasbro
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    Funko CEO exits after a little over a year

    In the interim, the toy company appointed Michael Lunsford, who said it has "yet to achieve the full potential of Funko."

  • A space within a department store with beauty product displays, with an overhead sign reading "JC Penney Beauty."
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    Daphne Howland/Retail Dive
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    J.C. Penney to hold down prices for back to school, holiday despite Q1 declines

    Sales and profit slumps were relatively modest, a sign the department store’s merchandising and marketing efforts are paying off.