The Latest
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Tracker
The running list of major retail deals
Beyond Inc. agreed to buy the global rights to the BuyBuy Baby brand and Reebok’s U.S. operations were sold.
Updated Feb. 13, 2025 -
Sponsored by Toshiba Global Commerce Solutions
The convenience of modularity
In a world shaped by innovation, one secret fuels true convenience—modularity. But at what cost?
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Walmart to deploy AI price forecasting tool
The retailer will use tech provided by Helios to predict the price and availability of agricultural commodities.
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Crocs expects $11M hit to gross profit from tariffs
The footwear retailer ended 2024 with ongoing strength at its namesake brand and hope for a turnaround at struggling Heydude.
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Dick’s quietly scales back outdoors business
The Moosejaw website now leads to Public Lands, and both retailers have shuttered stores.
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Kirkland’s to close some stores as part of turnaround
The retailer is also eliminating low-performing SKUs and will boost its e-commerce in partnership with Beyond.
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Retail sales grow nearly 4% in January
A new administration and fears regarding tariffs led to some early purchases from consumers, according to analysts.
Updated Feb. 14, 2025 -
HanesBrands CEO to step down
Steve Bratspies will stay with the company in an advisory role as the company moves in a new direction following the sale of Champion.
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Joann to close more than 500 stores
The crafts retailer, which received no buyer interest in the locations, could liquidate entirely if a sale to Gordon Brothers comes to fruition.
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Deep Dive
DEI could get better than ever
The intense pressure to end diversity initiatives has led companies to scrutinize their policies. Many will end up making them stronger.
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Trump orders reciprocal tariffs on all countries
“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.
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Grove Collaborative acquires Grab Green
The deal extends an existing partnership between the two companies, as Grab Green in 2019 became a third-party vendor for the sustainable retailer.
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Walmart cuts nearly 700 corporate jobs, will close North Carolina office
The retailer is asking some employees to relocate to Arkansas or California as it works to return more staff to in-person teams.
Updated Feb. 13, 2025 -
How Lego builds unique store experiences
From big displays and livestreams with employees to personalization stations, Lego wants to create stores that keep customers coming back.
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Tailored Brands names Best Buy, Target vet as chief customer officer
The men’s apparel retailer hired Whit Alexander to create personalized brand experiences and build customer loyalty.
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Mattress Firm CEO exits
One week after Tempur Sealy finalized its acquisition of the company, John Eck has stepped down from the role.
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"Dicks Sporting Goods - Great Lakes Mall Mentor, OH" by Mike Kalasnik is licensed under CC BY-SA 2.0
Are B malls having a moment?
Companies like Simon Property Group and Walmart are throwing money at shopping centers with empty stores, weak traffic and falling sales.
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Levi’s expands C-Suite leaders’ responsibilities
The changes follow the decision to cut up to 15% of its global corporate workforce as part of an initiative to drive cost savings and long-term growth.
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Retail job cuts rise 20% in January
That’s on top of meaningful cuts in December and comes as online shopping and automation have reshaped job skills, Challenger, Gray & Christmas found.
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Column
The Weekly Closeout: Beyond closes Kirkland’s deal — and a very beary Valentine’s Day
The two home retailers finalized their investment deal, while Build-A-Bear expanded its long-running “After Dark” collection.
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Dick’s Sporting Goods opens influencer program to the public
Previously limited to employees, members in 2025 will receive monthly gift cards to purchase products to feature across their social channels.
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Qurate shutters Florida headquarters, shuffles leadership
The company that runs HSN and QVC is still in a turnaround period as it shifts its brand focus to social shopping and streaming.
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Tracker
The running list of major retail bankruptcies
Since December, retailers including Party City, The Container Store and Joann have all filed for Chapter 11.
Updated Feb. 13, 2025 -
Party City IP, wholesale operations to be acquired for $20M
An affiliate of Ad Populum is buying the party retailer's IP, but Dollar Tree and Five Below emerged as top bidders for the company's store leases.
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Wayfair wants AI images to stoke IRL purchases
The online home goods retailer created a Pinterest-like website for design inspiration powered by generative AI that links to its shoppable catalog.
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Calling a customer? Brands can now display ‘reason for call’
TransUnion and AT&T now offer companies the ability to display brand name, company logo and the reason for their call when dialing Android users.