The Latest
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Why Dollar General is winning with store count
By committing to smaller, rural markets, the retailer has room to grow its substantial store footprint, industry experts and company leaders say.
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Sponsored by Sezzle
Breaking down 5 myths of BNPL: Who really uses it (and why)?
A new survey reveals who today’s BNPL shoppers really are—and they may not be who you think.
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Q&A
Why J.C. Penney’s loyalty program is the next step in its $1B turnaround plan
Chief Customer Officer Katie Mullen explains how the retailer's revamped program will deliver value to consumers and boost first-party data reserves.
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Adidas raises guidance for the year as Yeezy leftovers keep on giving
But the sneaker giant is building momentum beyond the now-discontinued sub-brand, and CEO Bjørn Gulden’s turnaround seems to be taking hold.
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Deep Dive
Golf fashion moves into the mainstream
A new line from Tiger Woods, LVMH's latest collaboration with Tyler, the Creator and indie brands are helping to bring the sport from performance wear to streetwear.
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Under Armour’s chief people and administrative officer to step down
Tchernavia Rocker is leaving the company on June 1 for “personal reasons,” the company said.
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Dr. Martens CEO to step down amid ‘challenging’ year ahead
Kenny Wilson will be succeeded by Ije Nwokorie, the footwear company’s chief brand officer.
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Inside a closing Macy’s store
CEO Tony Spring surprised the industry with a new tranche of 150 department store closures, 50 of which are shuttering in 2024. Here’s what that looks like.
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Walmart brings autonomous forklifts to 4 distribution centers
The Fox Robotics technology is being deployed in Florida, Texas, New York and Alabama after a 16-month pilot.
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Dick’s Sporting Goods, SidelineSwap expand resale partnership
The companies will hold over 300 used sports gear trade-in events at select Dick’s locations throughout the year.
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Column
The Weekly Closeout: PetSmart hosts tattoo redo contest, Williams Sonoma announces book tour with Ina Garten
The pet retailer is offering to pay to replace regretted tattoos, and the home retailer will host a four-city tour to celebrate the food celebrity’s new book.
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Saks.com snags up to $60M in additional liquidity
The infusion from Pathlight Capital and Bank of America will bolster the luxury online player’s financial position in a “challenging macro-environment.”
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Bombas bets on footwear with the Friday Slide
The move marks the first venture into more traditional footwear for the DTC brand that became popular for its socks.
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Deep Dive
Why more tech in stores shouldn’t mean fewer workers
Stores can automate more tasks than ever, including pricing, inventory management and checkout. But for theft prevention, customer service and brand engagement, they need humans.
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Report: Chief marketer tenure stabilizes, though volatility remains high at top brands
A rise in internal promotions, first-time CMOs and outside hires were among the other big trends identified in Spencer Stuart’s assessment.
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Sephora taps Nike vet to lead Greater China
Xia Ding spent five years at the activewear giant and also brings experience from HanesBrands and JD.com.
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Retail sales soar more than 5% in March, beating inflation
But some analysts warn that consumer spending could falter as the year wears on.
Updated April 15, 2024 -
Stanley Brand president to lead Heydude
Terence Reilly, who ushered the more than a century-old brand to viral success, is rejoining Crocs Inc., where he previously served as chief marketing officer.
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Bath & Body Works opens first store in London
A second location will open in the city this fall, as the company looks internationally to spur growth.
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Battling shrink and theft across the globe
Retailers are trying numerous strategies — from technology to teamwork — to minimize losses.
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Aesop opens Beverly Hills store, plans two additional openings in NYC
The brand is expanding its physical reach as the beauty industry experiences a wave of consolidation.
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Adidas, Stepn partner on NFT sneakers
The Stepn x Adidas Genesis Sneakers collection is part of a one-year partnership that will see other NFT drops and physical, wearable items.
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Column
The Weekly Closeout: Puma plots design space in LA, Bank of America downgrades Figs
The athletics brand said the studio will open in 2025, while spending pullbacks contributed to the scrubs brand’s recent negative rating.
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Nike leans on Air for multiyear innovation cycle
After acknowledging the need for more innovation, the sports brand is rolling out a new product lineup and an athlete co-creation process.
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Michaels gets S&P upgrade on improved performance and credit metrics
But topline trends in the arts and crafts retail sector are likely to stay soft in 2024 as inflation persists, analysts say.
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Deep Dive
What is ‘organized retail crime,’ exactly?
It depends, and it doesn't help that many retailers don’t have a good handle on lost inventory, experts say.