The Latest
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Tariffs squeeze off-price retailers more than expected
The major players likely have greater exposure to import levies than previously thought, though their value proposition remains an advantage.
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istockphoto.com/shapecharge
Sponsored by SPS CommerceThe $158B supply chain gap: why connection matters in times of uncertainty
Uncertain times reveal supply chain fragility. Here’s how retailers can build resilient connections.
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Shrink down, margins up at Dollar General a year after removing nearly all self-checkout
The discounter expects to raise prices “as a last resort” as tariffs and the economy replace lost merchandise as its major concerns.
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Nike taps McDonald’s exec for chief communications officer
Michael Gonda joins July 7 and is the latest change CEO Elliott Hill has made to the activewear brand’s leadership ranks.
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Deep Dive
What went wrong at Target?
The mass merchant is looking to turn around falling sales and declining customer sentiment. But first, it needs to diagnose its own problems.
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Victoria’s Secret postpones earnings following security incident
The company provided preliminary Q1 results, but a shutdown of its website during “retail’s all-important Memorial Day weekend” was a “significant problem,” according to analysts.
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Best Buy wants AI to offer customers fewer — but more relevant — search results
The enhanced search experience will build on the electronics retailer’s e-commerce success, which was a bright spot in an otherwise lackluster quarter.
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Saks Global rescues its holiday with $350M in new financing
Without the infusion, the luxury department store company would struggle to pay vendors ahead of the critical season, analysts say.
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Away appoints new CEO as it expands sales channels
President Jessica Schinazi takes on the lead position as co-founder Jen Rubio steps into an executive chair role on the board.
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David’s Bridal launches Generation Tux shop-in-shops
The retailer will dedicate space to the tuxedo and suit rental company at its entire fleet by the end of the year.
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Column
The Weekly Closeout: Foot Locker sales fall and GameStop makes a bitcoin play
In the lead-up to its acquisition by rival Dick’s, the athletics retailer said it saw soft traffic trends. Meanwhile, the gaming retailer’s stock fell on its latest move.
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Old Navy shows off activewear with Lindsay Lohan in ‘80s-inspired spot
The Gap brand, which reported a ninth consecutive quarter of market share gains, is now the No. 5 player in the active category.
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Spirit Halloween cancels season opening event due to ‘supply chain challenges’
Although the specialty retailer did not say tariffs caused the cancellation, it did point to “international disruptions.”
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Podcast
The Backroom: Breaking down Dick’s Sporting Goods’ deal to acquire Foot Locker
The team discusses the implications of the surprise acquisition, how Dick’s is defending it and why the stakes could be different for each retailer.
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Gap Inc. braces for as much as $300M in tariff-related costs
As import levies threaten the apparel retailer’s momentum, including a potential $150 million hit to margins, executives said pricing won’t change.
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Kizik taps Nike vet as CEO
Gareth Hosford, who held leadership positions at the athletics giant and Converse, will lead the hands-free footwear brand and its parent company.
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Deep Dive
How lower China tariffs will affect direct-to-consumer imports
Temporarily reduced duties likely won't be enough to stop ongoing shifts among de minimis-reliant supply chains, experts said.
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Home Depot elevates CIO from within as AI adoption plans progress
Angie Brown will lead technology strategy for the home improvement retail giant after a 27-year career with the company.
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Ulta sees signs of improvement in Q1, but stays cautious
While beauty is generally recession-proof, executives said the category is not “immune to consumer pressure” and customers could pull back.
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Nike Chief Innovation Officer John Hoke to retire
The executive, who served as the brand's first chief design officer, is exiting after more than 30 years as it works through a broader turnaround strategy.
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Sephora, Haus Labs by Lady Gaga release new campaign ahead of Pride month
In addition to the campaign, the beauty retailer is bringing back its LGBTQIA+ centric spaces within some of its stores.
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Tariffs are likely to drive Prime Day purchases
Consumers are looking to stock up on essentials and other goods as fears of tariff-driven price increases loom, according to a recent Tinuiti survey.
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Victoria’s Secret shuts down website in response to security incident
Although stores are open, the company has also halted some in-store services as it works to fully restore operations.
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E.l.f. Beauty to acquire Hailey Bieber’s Rhode for $1B
Citing a “very high bar for M&A,” CEO Tarang Amin said the retailer only makes acquisitions when it’s a clear win-win, as with its 2023 purchase of Naturium.
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Small businesses say AI hasn’t lived up to the hype
AI provided some advantages but isn’t quite living up to its promise, according to a survey from American Express.
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US court blocks Trump’s sweeping tariffs
The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.
Updated May 29, 2025