Financial News

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    Alamy
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    Amazon’s other businesses continue to outpace retail

    The e-commerce giant in Q2 gained more revenue from advertising, seller services and subscriptions, and that's without its massive AWS cloud unit.

    By • Aug. 1, 2025
  • Perfect Corp adds contactless virtual makeup try on features.
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    Courtesy of Perfect Corp.
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    Perfect Corp. AI, AR subscriptions drive revenue growth

    The company, which specializes in virtual try-on tech, attributes the growth to the demand for generative AI, among other factors.

    By • July 31, 2025
  • Etsy screenshots of its AI browseable tool
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    Courtesy of Etsy
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    Etsy bets on its app as declines persist

    The company’s ranking model has lost steam, so it is retooling its platform to leverage large language models and generative AI.

    By • July 31, 2025
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: What’s next for Target?

    Join Retail Dive reporters Daphne Howland and Dani James for a discussion about the mass retailer’s unique history, the ups and downs of its differentiation, and where it may be headed.

    By Retail Dive Staff • July 31, 2025
  • A close up of two people's shoes, one wearing heels, then other Vans.
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    Gareth Cattermole via Getty Images
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    VF reports flat revenue, decline at Vans

    Excluding the skatewear brand, the apparel conglomerate saw sales grow thanks to The North Face and Timberland.

    By Laurel Deppen • July 31, 2025
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    Courtesy of Adidas
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    Adidas braces for $230M tariff hit in the back half of the year

    Nevertheless, the sportswear giant maintained its outlook and said it has yet to see consumer demand weaken.

    By • July 30, 2025
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    Daphne Howland/Retail Dive
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    Nearly 120 J.C. Penney stores sold to private equity for under $950M

    Executives for a trust that has worked for four years to sell the property defended the price and said a January deadline was looming.

    By • July 30, 2025
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    Permission granted by Purple
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    Purple expects showroom profitability in 2025

    The mattress company reported a 12.6% drop in second-quarter net revenue, and executives noted the brand is working to mitigate evolving tariff rates.

    By • July 30, 2025
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    Daphne Howland/Retail Dive
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    Overstock eyes luxury expansion with Rolex, Patek Philippe

    The brand sees a future in extending its luxury goods offering. Meanwhile, parent Beyond Inc. saw second quarter revenue drop nearly 30%.

    By • July 29, 2025
  • Skechers shoes on a display in a store.
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    Brandon Bell via Getty Images
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    Skechers denies patent infringement in lawsuit over slip-ins

    Kizik Designs claimed it invented the hands-free shoe category that Skechers has made a key part of its business.

    By Laurel Deppen • July 29, 2025
  • Sydney Sweeney for American Eagle Outfitters.
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    Courtesy of American Eagle Outfitters
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    Column

    The Weekly Closeout: Phlur gets acquired and American Eagle’s stock soars

    Private equity firm TSG Consumer will acquire the fragrance brand in a deal that keeps Phlur Creative Director Chriselle Lim in her role.

    By Retail Dive Staff • July 25, 2025
  • The exterior of Hoka's New York City flagship store
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    Courtesy of Elias Parise/Hoka
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    Hoka brick-and-mortar stores ‘the primary venue for full-price sales’

    With the brand’s customers tending to look for price breaks online, Deckers is looking to expand retail partnerships as well as its own stores.

    By • July 25, 2025
  • Mattel recently opened the first Uno Social Club in Las Vegas at the Palms Casino Resort.
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    Courtesy of Mattel
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    Mattel to keep roughly half of US toys below $20

    Even as net sales fell 6% in Q2, the company’s CEO doesn’t see consumers as any more price sensitive compared to a year ago.

    By • July 25, 2025
  • A Tractor Supply storefront on a sunny day with a blue sky.
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    "Tractor Supply Company" by Mike Mozart is licensed under CC BY 2.0
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    Tractor Supply to ramp up store openings, with plans for 100 new locations next year

    Buoyed by a strong Q2, the rural retailer reiterated its outlook for the year, including strength in the top and bottom lines.

    By • July 24, 2025
  • A box labeled "Hasbro" is displayed, along with other store products.
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    Justin Sullivan via Getty Images
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    Hasbro’s Magic: The Gathering growth helps offset toy revenue drop

    The toy and entertainment company raised its full-year guidance, though it acknowledged that tariff rates remain fluid.

    By • July 23, 2025
  • A large downtown department store.
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    "Saks Fifth Avenue Chicago" by kzoocowboy is licensed under CC BY 2.0
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    Saks Global struggles continue as Q1 sales, profit decline

    The company beat its own expectations and says it’s making progress, though analysts warn it’s losing customers to Bloomingdale’s and Nordstrom.

    By • July 18, 2025
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    Courtesy of Bark
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    Bark receives second noncompliance warning from NYSE in less than 2 years

    The online pet company said it is exploring all possible options, including a reverse stock split.

    By Howard Ruben • July 16, 2025
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    Justin Sullivan/Getty Images via Getty Images
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    La-Z-Boy overhauling distribution network to cut costs

    The furniture maker expects to reduce warehouse and inventory costs while optimizing home delivery through the initiative.

    By Antone Gonsalves • July 16, 2025
  • A laptop displaying the Shein website and a phone displaying the Shein logo.
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    Ben Montgomery via Getty Images
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    Shein faces class action lawsuit over marketing texts

    The fast fashion giant is accused of repeatedly texting those on the national Do-Not-Call registry.

    By Laurel Deppen • July 15, 2025
  • A Walgreens drugstore with green awnings.
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    Daphne Howland/Retail Dive
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    Walgreens shareholders approve $10B Sycamore acquisition

    The transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company.

    By Howard Ruben • July 14, 2025
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    Courtesy of Levi Strauss & Co.
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    Levi’s ups guidance despite tariff impact

    The brand is leaning on partnerships with Beyoncé, Shaboozey and Nike as it works to boost its direct-to-consumer channel worldwide.

    By • July 11, 2025
  • A wall of sneakers featuring the Asics logo is shown in a store.
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    Justin Sullivan via Getty Images
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    Column

    The Weekly Closeout: Big 5 Sporting Goods sold, NRF goes up against New York

    The retailer was acquired by Worldwide Golf and Capitol Hill Group. Meanwhile, the National Retail Federation took aim at New York's new law requiring algorithmic pricing disclosures.

    By Retail Dive Staff • July 11, 2025
  • Exterior of an Ulta store
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    Kaarin Vembar/Retail Dive
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    Ulta Beauty breaks into the UK with Space NK acquisition

    The deal adds 83 stores to its portfolio and gives the beauty powerhouse a strong foothold in the U.K. market.

    By • July 10, 2025
  • A Neiman Marcus department store, surrounded by trees.
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    Daphne Howland/Retail Dive
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    S&P Global Ratings downgrades Saks, warns latest financing deal is ‘tantamount to a default’

    Saks Global emphasized that there’s no default related to its new agreement with bondholders, calling the rating updates “common and expected with transactions like these.”

    By • July 9, 2025
  • An entrance to a clothing store.
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    Daphne Howland/Retail Dive
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    Lululemon increasing markdowns at ‘alarming rates’ as momentum fades

    In a research note, Jefferies analysts called out inconsistent pricing for identical items and the consequences of attempts to lure younger shoppers.

    By • July 9, 2025