The Latest
-
"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Saks Global to close century-old Neiman Marcus flagship in downtown Dallas
The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.
-
Etsy refines search experience for ‘people that don’t speak merch’
The company expects improved search and personalization to pay off with improved performance in the latter half of 2025.
-
Tracker
The running list of major retail deals
Beyond Inc. agreed to buy the global rights to the BuyBuy Baby brand and Reebok’s U.S. operations were sold.
Updated Feb. 13, 2025 -
Michaels names Staples Canada vet CEO
David Boone succeeds Ashley Buchanan, who stepped down in January to lead Kohl’s.
-
Nordstrom brings on Neiman Marcus vet as director of luxury styling
Catherine Bloom joins the department store in the new role, and a Nordstrom Local location in Los Angeles will be a dedicated storefront for her clients.
-
Retail sales grow nearly 4% in January
A new administration and fears regarding tariffs led to some early purchases from consumers, according to analysts.
Updated Feb. 14, 2025 -
Lowe’s simplifies its professional contractor loyalty program
The revamped MyLowe’s Pro Rewards is designed to make it easier for professionals to earn and redeem rewards.
-
Nike launches brand with Kim Kardashian’s Skims
NikeSkims will be available this spring with an assortment of training apparel, footwear and accessories.
-
Deep Dive
DEI could get better than ever
The intense pressure to end diversity initiatives has led companies to scrutinize their policies. Many will end up making them stronger.
-
Ikea integrates Taskrabbit booking service into checkout
The furniture retailer has seen a boost in average order value after streamlining the process for customers.
-
Walmart to deploy AI price forecasting tool
The retailer will use tech provided by Helios to predict the price and availability of agricultural commodities.
-
How Lego builds unique store experiences
From big displays and livestreams with employees to personalization stations, Lego wants to create stores that keep customers coming back.
-
Crocs expects $11M hit to gross profit from tariffs
The footwear retailer ended 2024 with ongoing strength at its namesake brand and hope for a turnaround at struggling Heydude.
-
Dick’s quietly scales back outdoors business
The Moosejaw website now leads to Public Lands, and both retailers have shuttered stores.
-
"Dicks Sporting Goods - Great Lakes Mall Mentor, OH" by Mike Kalasnik is licensed under CC BY-SA 2.0
Are B malls having a moment?
Companies like Simon Property Group and Walmart are throwing money at shopping centers with empty stores, weak traffic and falling sales.
-
Kirkland’s to close some stores as part of turnaround
The retailer is also eliminating low-performing SKUs and will boost its e-commerce in partnership with Beyond.
-
HanesBrands CEO to step down
Steve Bratspies will stay with the company in an advisory role as the company moves in a new direction following the sale of Champion.
-
Column
The Weekly Closeout: Beyond closes Kirkland’s deal — and a very beary Valentine’s Day
The two home retailers finalized their investment deal, while Build-A-Bear expanded its long-running “After Dark” collection.
-
Joann to close more than 500 stores
The crafts retailer, which received no buyer interest in the locations, could liquidate entirely if a sale to Gordon Brothers comes to fruition.
-
Trump orders reciprocal tariffs on all countries
“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.
-
Tracker
The running list of major retail bankruptcies
Since December, retailers including Party City, The Container Store and Joann have all filed for Chapter 11.
Updated Feb. 13, 2025 -
Grove Collaborative acquires Grab Green
The deal extends an existing partnership between the two companies, as Grab Green in 2019 became a third-party vendor for the sustainable retailer.
-
Walmart cuts nearly 700 corporate jobs, will close North Carolina office
The retailer is asking some employees to relocate to Arkansas or California as it works to return more staff to in-person teams.
Updated Feb. 13, 2025 -
Calling a customer? Brands can now display ‘reason for call’
TransUnion and AT&T now offer companies the ability to display brand name, company logo and the reason for their call when dialing Android users.
-
Tailored Brands names Best Buy, Target vet as chief customer officer
The men’s apparel retailer hired Whit Alexander to create personalized brand experiences and build customer loyalty.