The Latest
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Target, Walmart usher in new CEOs
Michael Fiddelke reiterated his top priorities after taking on the position at Target. Meanwhile, Walmart's John Furner paid tribute to his predecessor.
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Levi’s launches immersive pop-up experience ahead of the Super Bowl
The experience in the brand’s hometown of San Francisco runs through Saturday and highlights the area’s music, fashion and sports connections.
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Most US Eddie Bauer stores likely to close as operator preps bankruptcy
Authentic Brands Group, which owns the brand’s intellectual property, last month shifted its e-commerce and wholesale licenses to another company.
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"Journeys" by Bentley Mall is licensed under CC BY 1.0 / Edited by https://commons.wikimedia.org/w/index.php?title=User:BentleyMall&action=edit&redlink=1/Retail Dive
Genesco CFO to exit
Sandra Harris is leaving the company after nearly a year and a half, with CEO Mimi Vaughn taking on interim duties until the company names a replacement.
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Saks Global retreats from off price, closing most stores and all e-commerce
Just a dozen Saks Off 5th locations will stay open, and they’ll sell only residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
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What to watch in retail in 2026
From the trajectory of the department store segment to the rise of generative AI, here’s what Retail Dive is keeping an eye on this year.
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The Vitamin Shoppe opens AI-enabled store in NYC
The location debuts the company’s Shoppe Advisor, an AI-powered discovery tool that focuses on in-store education, engagement and personalization.
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Podcast
The Backroom: Saks Global and the bankruptcy that everyone saw coming
The team chats about their recent visits to Saks Fifth Avenue’s Manhattan flagship and brings in Debtwire analysts to discuss the retailer’s Chapter 11 process.
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Adidas plans share buyback as 2025 sales reach record high
The activewear giant will purchase up to 1 billion euros of its shares as revenue reached almost $30 billion.
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Amazon to halt palm payments
The company said all Amazon One palm readers will be removed from physical stores by June 3.
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Column
The Weekly Closeout: Valentine’s Day spending to top $29B, Merit to raise prices
Consumers are budgeting roughly $200 on gifts for the holiday, per NRF, while the beauty brand is increasing prices on select products.
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Levi’s revenue grows despite continued tariff headwinds
The apparel company's Q4 net revenues increased 1% and CEO Michelle Gass revealed it will debut a conversational AI chatbot for customer recommendations.
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Tractor Supply reins in guidance after weak finish to the year
Weaker demand for discretionary goods and fewer severe weather events hurt Q4 sales while tariffs helped drive down margins.
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Retail’s risky AI commerce bet
As retailers race to meet consumers on external AI platforms, they risk losing data and direct interaction with shoppers. Experts say disruption has only just begun.
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Home Depot cuts 800 jobs
The roles within its Atlanta store support center are primarily concentrated in its tech organization.
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Inside Pat McGrath Cosmetics’ bankruptcy
The Chapter 11 filings said a lender commenced the auctioning of the brand without founder and CEO Patricia McGrath’s consent.
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Home Depot’s key to great AI experiences? Ensure it remains an authority
The retailer started early and will continue to evolve its AI efforts “so that the brand voice shows up the way we want it to,” CIO Angie Brown said.
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Pinterest to lay off 15% amid AI investment
As the social media giant integrates AI further into its platform, the company is trimming its staff and office footprint.
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Nordstrom names chief supply chain officer
Jason Bell was promoted to the position after serving as senior vice president of supply chain operations since 2021.
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How Macy’s is flexing its Style Crew affiliate program beyond social media
The department store recently experimented with its Style Crew of over 600 influencers by integrating them into in-person events and direct mailers.
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On appoints new CFO
Frank Sluis will take over finance leadership from CEO Martin Hoffmann, who had been juggling both positions since last July.
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Crocs puts self-expression over algorithmic sameness with new platform
Ads show mannequins dancing to life and growing more human as the footwear marketer encourages real-world experiences over digital drudgery.
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Column
The Weekly Closeout: Reebok teams with Karol G and will January storms ice out retail sales?
The activewear brand signed a multiyear deal with the Colombian artist, while analysts speculate upcoming weather could slow spending.
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Simon Property Group flags $100M Saks Global investment in rent dispute
The mall REIT told the bankruptcy court that the luxury department store owes more than $7 million.
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Amazon cuts 16K jobs
The e-commerce giant declined to say how much this latest round of downsizing would impact its retail operations.