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John Legend and Chrissy Teigen launch Kismet pet brand
The celebrity couple said the brand offers high quality pet food, lifestyle goods and content.
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Hudson’s Bay, again a unified retailer, announces layoffs in organizational ‘re-alignment’
The Canadian department store, which once split up its e-commerce and store operations, said the downsizing impacts less than 1% of its workforce.
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In its third bankruptcy, Rue21 plans to shutter all locations
The apparel retailer massively downsized as it emerged from Chapter 11 in 2017. This time more than 540 stores will close for good.
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Music retailer Sam Ash to close all stores
The retailer, which has been in operation for 100 years, began store closing sales on Thursday.
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DTC bridal brand Azazie opens first physical location
Azazie Studio is closed to the public and will be used to host private events, bridal celebrations, style and influencer appointments, gifting suites and more.
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Olaplex reports Q1 sales declines across all channels
The hair care company’s overall sales fell 13.1%, with its DTC segment down almost 16%, while net income dropped 63% compared to last year.
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Wayfair net sales fall 1.6% in Q1
Despite challenges across the home goods category, executives remained optimistic that demand will return.
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Ted Baker says North America bankruptcy due in part to failures by Authentic’s Europe and UK operators
The retailer said in court documents that suppliers were not paid, leading to shipment delays, order cancellations and merchandise shortages.
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Banana Republic’s CEO is out
Sandra Stangl arrived in 2020 and oversaw the addition of home goods, her forte, at a tough time for the category.
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J.C. Penney, country singer Walker Hayes to release limited-time collection
Following its bankruptcy, the retailer has been improving its merchandise and technology infrastructure to resurrect its business.
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Peloton lays off 15% of global workforce as CEO Barry McCarthy exits
The staff reductions impact about 400 employees and come as the fitness company faces declining sales and members.
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Beyond Inc. adds 8 people to its leadership team
The new executives will fill key roles at the company's three main banners — Bed Bath & Beyond, Overstock and Zulily.
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Hanna Andersson taps Apple vet as chief brand officer
Grace Wong, who also worked at Gap, will lead creative development at the children’s brand and produce content across the company’s platforms.
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Sam’s Club’s receipt-verification tech speeds ahead
The AI-based equipment is now in place at a fifth of the chain’s locations and is helping shoppers exit more than 20% faster than before.
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Williams-Sonoma to pay $3.2M for violating FTC’s Made in USA order
The retailer listed products as being made in the United States when they were manufactured abroad and will pay a "record" civil penalty.
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Amazon services outpace retail growth in Q1
The e-commerce giant’s third-party services, advertising, subscriptions and cloud unit generated double-digit revenue increases in the period.
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Retail industry groups voice concerns over imminent overtime pay changes
The National Retail Federation warned of harm to employers and employees alike, while the Retail Industry Leaders Association slammed a “legally dubious methodology to score political points.”
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Walmart GoLocal expands delivery capabilities, client base
The retailer's local delivery platform has evolved to handle big and bulky items, orders out of fulfillment centers and more, Vice President Rina Hurst said.
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DKNY to debut virtual collection on Roblox
The fashion brand aims to engage with millions of Roblox players with virtual items from its recently launched Heart of New York range.
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Reformation reports spike in direct emissions, misses 2023 carbon intensity target
The apparel company known for pioneering sustainable practices aims to slash its Scope 1 and 2 emissions by 42% by 2030, compared to a 2021 baseline.
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Tiger Woods’ Sun Day Red debuts first collection
The professional athlete and TaylorMade in February announced the launch of the brand after Woods ended his 27-year partnership with Nike.
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Walmart to close health centers due to ‘lack of profitability’
The retailer also plans to end telehealth services, citing operational costs and reimbursement complexities that made its healthcare business unsustainable.
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Williams Sonoma debuts new mobile app
The app gives users access to recipes, the ability to create and manage registries, connect with design experts and shop by room.
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Walmart adds new grocery line to private brands portfolio
The retailer said its new Bettergoods line includes 300 items and marks its largest private brand food launch in 20 years.
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Royalty fees squeeze Vince margins
The company is targeting more than $30 million in savings in part to offset the new cost of licensing its own brand from Authentic Brands Group.