The Latest

  • A person walks past Coach bags in a window of Macy's store.
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    Drew Angerer via Getty Images
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    FTC sues to block Tapestry’s $8.5B acquisition of Capri Holdings

    The commission says the deal would prevent competition and give Tapestry a dominant share of the “accessible luxury” handbag market.

  • Small business illustration
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    JungleOutThere via Getty Images
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    Sponsored by Slack

    Small businesses in 2024: Tap into tech to amplify your growth

    AI can help small business leaders optimize productivity and streamline success in 2024.

  • Person moving a paper grocery bag
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    Courtesy of Amazon
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    Amazon rolls out grocery subscription for Prime members, EBT customers

    The new service, which has a monthly fee, offers free delivery on orders over $35 from Whole Foods, Amazon Fresh and grocers partnered with the e-tailer.

  • IKEA logo is displayed outside a store.
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    Naomi Baker via Getty Images
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    Ikea embarks on companywide AI literacy initiative

    Ikea workers can take a variety of courses, such as AI fundamentals and specialized training around ethical and responsible use of AI tools at work.

  • Pirch showroom in NYC.
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    Courtesy of Pirch
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    High-end appliance retailer Pirch to liquidate in bankruptcy

    The company faces lawsuits from customers and vendors, including one from American Express alleging potential fraud.

  • A person running on a Peloton treadmill
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    Courtesy of Peloton Interactive
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    Column

    The Weekly Closeout: Peloton drops free membership as Asos revenue falls over 18%

    The struggling home exercise brand quietly removed the free option, while the fast-fashion retailer saw sales plunge in the first half of the year.

  • Walmart+ Mother's Day campaign
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    Courtesy of Walmart
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    Walmart+ enlists celebrity moms to answer TikTok questions for Mother’s Day

    Paris Hilton, Whitney Cummings and others will offer advice in the second iteration of the retailer’s “Mother of All Savings Memberships” campaign.

  • A red storefront entrance with a white dot-in-circle logo and an "order pickup" sign on the door. Trees and blue sky with white clouds on the right.
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    Daphne Howland/Retail Dive
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    Shoppers under 18 at this Target store must be accompanied by an adult

    Young customers at a Columbia Heights shopping center in Washington, D.C., need the presence of an adult. 

  • mingle mocktails
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    Courtesy of Mingle Mocktails
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    Mingle Mocktails aims to spark a zero-proof cocktail craze

    The nonalcoholic brand says its products, which don’t directly mimic the taste of alcohol, cater to consumers looking for alternatives in social situations.

    DTC
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    Michael Barera [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0), CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedi
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    UK-based JD Sports to buy rival retailer Hibbett for $1.1B

    The combined company would have a global portfolio of about 25 brands and North American revenue of about $5.9 billion.

  • An Express storefront at King of Prussia mall in Pennsylvania
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    Permission granted by Express
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    Express files Chapter 11, plans to close over 100 stores

    All of the company’s UpWest stores will shutter as the retailer pursues a sale to WHP Global, Simon Property Group and Brookfield Properties.

  • JCPenney rewards
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    Courtesy of JCPenney
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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.

  • Big Lots to remain open on Thanksgiving.
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    Courtesy of Big Lots
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    Big Lots uses headquarters mortgage to secure new financing

    The retailer increased its borrowing capacity by up to $200 million and immediately drew down $50 million under the new loan.

  • Allbirds new sneaker the Tree Runner Go
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    Courtesy of Allbirds
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    Allbirds unveils Tree Runner Go sneaker as it refocuses on core products

    The shoe features improvements to the original design and comes after the successful launch of the Wool Runner 2.

  • A Dollar General storefront at dawn or dusk with an empty parking lot
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    Permission granted by Dollar General
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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.