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Beyond Meat posts positive growth for first time in almost 3 years
Despite quarterly sales volumes taking a hit, CEO Ethan Brown told analysts that the company’s price hikes are helping on its path to profitability.
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Wayfair COO steps down
At the end of the year, Thomas Netzer will exit the role he’s occupied since 2019.
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Podcast
The Backroom: Retailers creeping it real
Halloween will drive $11.6 billion in spending this year. Plus, it’s fun!
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StockX co-founder to take over as CEO amid declines in sneaker resale
Greg Schwartz, who has been the company’s chief operating officer since its 2016 launch, will replace Scott Cutler, an early investor.
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Kizik taps 20-year Nike vet as SVP of design
Andreas Harlow, former vice president and global footwear creative director of Nike’s Jordan Brand, joined the hands-free footwear brand earlier this fall.
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Tapestry logs better-than-expected net sales, driven by Coach
The Kate Spade and Stuart Weitzman owner said it wouldn’t pursue more mergers in the near term if its Capri Holdings acquisition failed.
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67% of parents will use BNPL to finance the holidays
Parents are using pay later plans to justify large purchases and better manage their finances, according to a new survey.
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Amazon launches same-day drone delivery in Arizona city
Customers near the company’s Tolleson facility can get thousands of items delivered by air, but there are limitations.
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Tempur Sealy, Mattress Firm seek to pause FTC case
The companies say being forced to litigate both a federal court case and an FTC challenge would cause undue financial hardship.
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5 retail horror stories of 2024
From Youthforia’s problematic foundation shade range to Foxtrot’s abrupt shuttering, retailers have been the subject of some scary stories.
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Warby Parker raises full-year guidance as it posts double-digit revenue growth in Q3
The company is on track to open 40 new stores by the end of the year and continues to add eye exam locations as it works to grow its vision offerings.
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Allbirds makes progress in Q3 but profits remain elusive
The DTC footwear brand’s store closures have hurt sales and saved cash. Now it’s introducing new styles and stepping up its marketing.
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Under Armour plots ‘most significant’ marketing to date as it works to win back shoppers
“I don’t believe the consumer’s mad at us, we just have to give them a reason to want to engage with us again,” CEO Kevin Plank said on a call with analysts.
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27% of shoppers will switch retailers, abandon purchase if they come across locked-up products: report
More than half of consumers report seeing more merchandise locked up in stores in the past year, according to a recent survey from Numerator.
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Amazon debuts virtual holiday shop
The immersive 3D shopping experience includes music, animations and a guided journey to help with product discovery.
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Home Depot co-founder Bernard Marcus dies at 95
In 1979 he launched a company that would eventually operate 2,300 stores and employ over 500,000 associates.
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Why some retail has been resilient against Amazon
It's about the products — and the people.
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Benefit Cosmetics launches first virtual 3D shopping experience
The grocery store-inspired digital space, dubbed “The Benemart,” blends gaming and holiday shopping.
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Best Buy pushes tech in holiday ad series
The campaign features the retailer’s new hologram spokesperson, “Gram,” and addresses common problems like finding the perfect gift.
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Column
The Weekly Closeout: Kate Spade launches M&M’S collection and Nike extends partnership with NBA, WNBA
The fashion company announced a sweet collaboration, while the athletics brand is signing on for another 12 years with the basketball associations.
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Dick’s recreates iconic holiday film moments with NFL’s Watt brothers
In a new spot, former NFL player J.J. Watt is trapped in a Dick’s store after closing, leading to a series of silly antics.
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De minimis overhaul will start before next president: former Biden official
A rulemaking proposal being issued by early December is very likely, according to former White House COVID-19 supply coordinator Tim Manning.
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Amazon’s holiday campaign spotlights classic song, acts of kindness
“What the World Needs Now Is Love” features heavily in the effort that extends Amazon's focus on music around the holidays.
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Lowe’s launches home maintenance support tool for loyalty members
With the Lowe’s Digital Home Platform, members can access personalized info about their products, including warranties and manuals.
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Vitamin Shoppe owner files for bankruptcy
Franchise Group, which also runs Pet Supplies Plus and Buddy’s Home Furnishings, will shut down American Freight starting this week.
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