Page 2
-
October retail sales grew 4.3% as early deals drew in shoppers
That may have given a boost to some categories, like electronics, but it could also mean a more muted Black Friday.
Updated Nov. 15, 2023 -
Kohl’s and Target went deep into beauty shop-in-shops. How does that impact the holidays?
Three years after inking deals with Sephora and Ulta, both retailers say they’re reaping the benefits. Here’s why the category could give them a boost this season.
-
Home gym company Tonal partners with Best Buy
The brand’s products can be purchased on Best Buy’s website in what the DTC company says is a “large-scale retail expansion.”
-
Nordstrom pushes Rack expansion as full-line fleet contracts
Analysts question the emerging dependence on an off-price business that is struggling to compete in an otherwise thriving segment.
-
Dick’s sales rise 3%, buoyed by strong back-to-school season
It could be a good indicator of holiday performance, but that season is “very distinct” from the summer sales event and involve a wider group of competitors.
-
Salt Life continues brick-and-mortar expansion with Virginia store opening next month
With this new location, the apparel brand will have opened seven stores in 2023, bringing its total to 28.
-
Men’s skin care brand Disco shuts down amid bankruptcy
The company filed for Chapter 7 bankruptcy last week after its debt provider foreclosed on it, according to a LinkedIn post from founder Benjamin Smith.
-
Retailers brace for cyberthreat feast ahead of Thanksgiving shopping weekend
A rise in social engineering and generative AI pose increased risks as phishing attacks and ransomware gain speed and grow more sophisticated.
-
Kim Kardashian’s firm acquires minority stake in Truff
The investment is the first for private equity arm Skky Partners as it looks to cash in on growing demand for spicy, unique condiments.
-
Wilson opens store in Mall of America
The new 2,600-square-foot store is Wilson’s eighth location since 2021 and first in the region.
-
Best Buy sales fall 8% as electronics demand stumbles
The retailer lowered its guidance as a result of consumer uncertainty, but CEO Corie Barry said the sector should stabilize next year.
-
Amazon Fresh focusing on grocery ‘fundamentals’ with updated stores, top exec says
After three years and a highly publicized pause on expansion, the chain is hoping to move ahead by getting back to industry basics, said Vice President of Retail Claire Peters.
-
Kohl’s CEO shifts focus back to stores: ‘The digital business is really what’s bringing us down’
The department store notched more declines in Q3. But store comps were stronger, thanks in part to its Sephora partnership, and margins grew.
-
Holiday shoppers to spend an average $875 this season: NRF
While the apparel category has seen mixed results this year, it will be a popular gift choice, according to a new survey.
-
Adore Me launches sustainability accelerator
The Victoria's Secret-owned lingerie brand is working with four startups on technology to lessen the impact of manufacturing processes.
-
Snoop Dogg gives up smoke for Solo Stove campaign
A viral pledge assumed to be about pot usage turns out to be a teaser for a new campaign for the DTC company.
-
Crate and Barrel debuts virtual store
The immersive experience, based on its new NYC flagship store, lets users take an interactive tour of eight rooms and request free services from design experts.
-
Walgreens to close some stores for Thanksgiving, joining retail trend
The company’s decision was based in part on employee feedback, an executive said.
-
Kohl’s president, COO exits after less than a year
Dave Alves took on the roles this spring.
-
New Crate and Barrel NYC flagship is the ‘future of the brand’
The Flatiron location is the retailer’s first immersive store, and employs designers who will travel to local shoppers’ homes.
-
Kohl’s touts virtual holiday events
Except for a one-day holiday “Kohl’s Storybook Magic” pop-up in New York City, the retailer is highlighting social media, livestreams and other interactive opportunities online.
-
Rhone opens store in Boston Seaport
The location marks the DTC apparel brand’s 15th store — and 12th opening this year — as it continues to build out its footprint.
-
Knix launches leakproof shapewear
The intimates and apparel brand expands into the new category about a year after it was acquired by Essity.
-
Party City taps supply chain platform TradeBeyond to improve inventory, vendor operations
Less than a year after declaring bankruptcy, the retailer is investing in its supply chain.
-
Amazon confirms ‘several hundred’ will be let go from Alexa unit
The decision comes during a year when the e-commerce giant has eliminated tens of thousands of roles.