The Latest
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Target wants to hire 100K people for the holidays
The retailer also teased a holiday assortment that's 50% larger than last year and includes "thousands" of low-cost items.
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Sponsored by Toshiba Global Commerce Solutions
5 ways retail leaders are improving the customer and associate experience
Discover 5 ways top retailers improve the in-store experience for both customers and associates!
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Christian Siriano, Azazie collaborate on bridal collection
At a New York Fashion Week show, the designer showed three pieces from an upcoming line created in partnership with the DTC bridal brand.
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Biden-Harris administration takes aim at de minimis exemption
The administration plans to limit the type of goods that qualify for the exemption, targeting the likes of Shein and Temu.
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Would-be Estée Lauder investor has no plans to boost ‘mini-tender’ offer
The luxury beauty and fashion conglomerate said it doesn’t endorse the below-market bid, which doesn’t require typical disclosures because it’s for less than 5% of its outstanding shares.
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Big Lots brings back ‘Black Friday Fridays’
The retailer, which filed for bankruptcy last week, announced the return of the deals event offering up to 50% off select items every Friday through Dec. 6.
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Column
The Weekly Closeout: Sephora North America names next CFO and Petco’s losses grow
Ten-year company veteran Delphine Herve will take on the position at the beauty retailer. Meanwhile, the pet retailer saw net loss surge by 70% in Q2.
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Shoppers to pull back on everyday purchases to prioritize holiday budgets: report
Most consumers this year are also discovering offers and discounts solely through digital sources including email and social media.
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Shoppers want personalization online, in-store and on customer service calls
Personalization doesn’t end on the website or app. Customers are looking for personalized assistance from in-store associates and customer service agents as well, an Incisiv and Talkdesk study found.
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The big switch: Why Shoe Carnival is flipping some of its stores into Shoe Stations
In a few test locations, stores that were rebannered as Shoe Stations performed “exceptionally well,” according to CEO Mark Worden.
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La-Z-Boy streamlines supply chain with Mexico consolidation
The furniture maker is moving some of its upholstery operations and plans to shutter a leased cut and sew facility.
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With new investment, Kendra Scott eyes geographic, category growth
Private equity firm 65 Equity Partners has invested an undisclosed amount in the accessories brand, though founder Scott herself retains a majority stake.
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Inside a closing Sam Ash Music store
The family-run company filed for Chapter 11 bankruptcy in May and the liquidation of its 42 retail stores began. Here’s what that looked like at one location.
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Build-A-Bear names chief revenue officer
David Henderson, who previously worked with Hasbro and Melissa & Doug, comes to the retailer after it reported a record Q2.
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Ross switches up its merchandising leadership team
The discount retailer promoted two longtime employees to the chief merchant positions at its Ross and DD’s Discounts banners.
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Q&A
Why Old Navy is throwing back to the ‘90s to burnish its iconic brand
Chief Marketing Officer Behnaz Ghahramani opened a new playbook for a collection and campaign that celebrate the 30th anniversary of the Gap-owned retailer.
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Victoria’s Secret brings back its VSX activewear line
The collection includes sports bras, leggings and ready-to-wear apparel like trench coats, catsuits and T-shirts.
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Big Lots gets court OK for $550M in bankruptcy financing
The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors.
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How Target is courting pet owners with a collection designed by ‘fur-fluencers’
A collection of goods tailored to furry friends is complemented by the retailer’s first reality TV-styled social content and national ads starring mascot Bullseye.
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Holiday retail sales growth projected to increase 2.3% to 3.3%
The pace of increase in holiday sales will be slower than 2023, but e-commerce will likely grow, according to Deloitte.
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Macy’s unveils Mode of One menswear brand
The apparel line is the latest private label debut from the department store, part of a years-long effort to reach new customers and drive sales.
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Column
The Weekly Closeout: Under Armour hires (another) Adidas vet and Bluemercury turns 25
The athletics retailer appointed a new leader in its Europe, the Middle East and Africa division, while the beauty company refreshed its online presence.
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Carhartt names new marketing and creative VP
Norma Delaney will join the workwear brand after a career at multiple footwear companies, including Hoka, New Balance and Adidas.
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Tonal names new CEO
Darren MacDonald takes over the chief spot from Krystal Zell and comes with experience from Petco, Walmart and Jet.com.
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Retail workers hail New York’s new panic-button law
But the bill signed by Gov. Kathy Hochul, which requires a host of safety measures to address store-based crime, was opposed by key trade groups.
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Roblox, Shopify partner to sell physical products in the metaverse
This is the first such partnership for Roblox, which plans to integrate with “various” e-commerce platforms in the future.