7-Eleven to open over 600 stores under new design by 2027

The retailer’s newest format features “a larger product assortment and expanded food and beverage offerings,” CEO Joseph DePinto told investors.

Indochino names vice president of retail sales and operations

Sean Wrenn was most recently vice president of direct retail at Kendra Scott and also has experience from Abercrombie & Fitch and Aéropostale.

Beyond’s revenue falls nearly 17% in Q3

The company said it wants to reduce fixed expenses by an annualized $65 million heading into 2025.

The Paper Store dedicates $60M to brick-and-mortar expansion

This year the retailer’s largely Northeast fleet has grown by 10% to more than 100 stores, and its five-year plan includes a move into new markets.

PetSmart taps former Foot Locker chief as CEO

Ken Hicks — who was also previously the chief executive at Academy Sports and Outdoors — replaces J.K. Symancyk, who left last month.

Amazon to end same-day delivery service from retailers’ local stores

The program, called Amazon Today, will operate until Jan. 24, as the company streamlines its fast shipping offerings.

Ulta looks to open 200 stores over the next 3 years as it plots growth in a tough market

Chief Financial Officer Paula Oyibo noted that this year and next “will be transitional years” as competition intensifies and category demand normalizes.

Best Buy extends store hours for the holidays

The electronics retailer also has an extended holiday return and exchange policy for most gifts purchased between Nov. 1 through Dec. 31. 

Beyond to lay off 20% of workforce

Chief Product Officer Carlisha Robinson was terminated without cause Tuesday, according to a regulatory filing.

GameChanger launches AI-powered video analysis tool for youth basketball, volleyball

The Dick’s Sporting Goods-owned company debuted Film Room, a feature which uses AI to quickly identify key moments in game action. 

Ex-Abercrombie CEO Mike Jeffries arrested on sex trafficking, prostitution charges

Federal prosecutors say Jeffries leveraged his position at the apparel retailer, including promising men modeling jobs, to further the alleged crimes.

Consumers come through again for retailers, sending retail sales up 3% in September

In a sign of ongoing strength in the economy, several sectors gained while others, including department stores, took a tumble.

Updated Oct. 17, 2024

Holiday hiring hurdles have retailers banking on cross-training, incentives

Fewer employers plan to hire seasonal help this year, and labor shortages are at least partly to blame.

Lender group to buy Tupperware out of bankruptcy

The lenders, which include Stonehill Capital Management Partners and Alden Global Capital, are offering $63.8 million in debt relief and about $23.5 million in cash.

Retail inventories in good shape for holidays: NRF CEO

Matthew Shay said companies averted disruptions related to the East and Gulf Coast port strike by moving goods early.

Peloton, Costco partner for the holidays

Costco members will be able to purchase an exclusive Bike+ bundle from Nov. 1 through Feb. 15, as Peloton continues to expand its third-party relationships. 

Wayfair launches paid loyalty program

For $29 a year, the online retailer is offering customers free shipping, early access to major sales events and 5% back in rewards on purchases.

Walmart adds pharmacy to same-day delivery

The retail giant said it’s responding to a top request from its customers. The option is now available in six states and will expand nationally.

Target cuts prices on 2K items for the holiday season

It's the second time in less than six months the retailer lowered prices. By the end of the year, the company said it will have reduced prices on 10,000 products.

True Religion enlists Megan Thee Stallion to tap into hip-hop culture

The rapper is “hotter than hot right now” and makes the holiday campaign a “milestone moment” for the brand, according to Chief Marketing Officer Kristen D’Arcy.

Bath & Body Works adds new features to mobile app

The app allows shoppers to log in using biometric authentication including fingerprint or face identification.

J.C. Penney’s holiday playbook: Deals, in-store experiences and Martha Stewart

The embattled department store is leaning into its successful “Really Big Deal Reveals” campaign and bringing back a nostalgic giveaway. 

Poshmark scraps new fees after seller outcry, sales hit

The resale marketplace instituted a suite of changes earlier this month, but is already abandoning them this week.

The Honey Pot launches at Ulta Beauty

The deal marks the vaginal care brand’s first partnership with a beauty retailer and adds to its growing list of wholesale partners, including CVS and Target.

Amazon pilots small-format grocery concept

The test store in Chicago is meant for quick fill-in grocery runs and aims to reduce the number of retailers shoppers have to visit to complete shopping trips.