The Latest
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Daphne Howland/Retail Dive
ColumnThe 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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Permission granted by Jabra
Sponsored by JabraThe tangibility problem: How retailers can show AI’s value
Are frontline workers ready for AI? Learn how retailers can build trust in AI-driven workflows.
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Daphne Howland/Retail Dive
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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Neal McNeil via Getty Images
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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Kaarin Vembar/Retail Dive
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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Kaarin Moore/Retail Dive
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.
Updated May 30, 2025 -
Kendall Davis/Retail Dive
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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Courtesy of Haus Laboratories by Lady Gaga
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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Courtesy of Amazon
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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Daphne Howland/Retail Dive
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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Courtesy of E.l.f. Beauty
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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ferrantraite via Getty Images
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 -
Courtesy of Kohl's
Without a permanent chief, Kohl’s leans on old turnaround plans
Some of ex-CEO Tom Kingsbury’s ideas are bearing fruit. But declines in Q1 are the latest in a “very long line of poor results,” GlobalData analysts said.
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Courtesy of QVC Group
QVC Group details TikTok, social content plans
The live shopping company hosted its first Super Brand Day on the social media platform, marking its highest-viewed livestream to date.
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Spencer Platt via Getty Images
Lowe’s, Home Depot tout CX wins from AI projects
The home improvement retailers reported customer service improvements and easier information gathering as access to the technology expanded.
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Brandon Bell via Getty Images
Consumer pessimism eases amid cooling in US-China tariff war
The share of consumers expecting a recession over the next 12 months fell in May, the Conference Board said.
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Daphne Howland/Retail Dive
Best Buy lowers guidance due to tariffs as Q1 revenue drops
The retailer enacted tariff-related price adjustments this month and made progress in minimizing the percentage of its product costs from China.
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Justin Sullivan via Getty Images
Deep DiveHow 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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Courtesy of Amazon
Amazon pilots audio product summaries
Shoppers can listen to generative AI-powered audio summaries by clicking a “Hear the Highlights” button.
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Daphne Howland/Retail Dive
Warby Parker partners with Google, adds AI shopping assistant
The eyewear company is continuing its AI investments through a new Google partnership and a tool that gives shoppers personalized recommendations.
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Courtesy of Poppi
Inside Poppi’s push into gaming as prebiotic soda marketing bubbles up
PepsiCo recently finalized a $1.95 billion acquisition of the brand, which has used a “community- and culture-first approach” to marketing.
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Macy’s sees opportunity to take share as tariffs roil pricing
The department store posted better-than-expected Q1 results, but its momentum is challenged by uncertainty in both supply and demand.
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Hudson’s Bay to lay off more than 9K employees by mid-June
The move affects about 90% of the workforce, with just over 100 people staying on to help the iconic Canadian department store wind down.
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Courtesy of Dormify
Williams-Sonoma acquires Dormify IP
The home retailer aims to leverage its logistical and design capabilities to grow the Dormify brand.
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Courtesy of Dick's Sporting Goods
Dick’s plans to ‘execute the heck’ out of Foot Locker acquisition
With Q1 sales up more than 5%, executives fielded tough questions on Foot Locker, but insisted the deal makes sense long term.
