On pulls back on wholesale as Q3 sales surge more than 32%

The Swiss footwear brand said that opening flagship stores in China will help take advantage of its momentum in Asia.

Hurricane prep, recovery help drive Q3 growth at Home Depot

The company is also benefiting from its acquisition earlier this year of SRS Distribution, which is on track to contribute $6.4 billion in sales for the fiscal year.

REI taps former Sephora, Williams-Sonoma exec for chief marketer

Abigail Jacobs will oversee all marketing functions at the outdoor retailer, which has struggled to return to profitability in recent years.

Meta’s Los Angeles pop-up features Ray-Ban smart glasses

The company is promoting digital eyewear at its Meta Lab through December, with an eye to launching a shop-in-shop in Phoenix at the end of January. 

With latest investment, Vuori’s valuation hits $5.5B

An $825 million infusion led by General Atlantic and Stripes will fortify the athleisure brand’s already formidable challenge to market leader Lululemon.

‘Contradictions and mixed signals’ in the economy won’t affect holiday sales growth: NRF

The trade organization is maintaining its holiday forecast for the year, stating that households are in decent financial shape. 

DTC is dead. Long live DTC.

As a channel, it remains key to growth for many retailers. But the era of the DTC brand as we know it is over.

Capri revenue falls sharply as hopes of a Tapestry merger dim

Jimmy Choo saw single-digit growth, while the company attributed second quarter declines at Versace and Michael Kors to soft luxury demand.

Von Maur opens first store in Pennsylvania

The family-owned department store chain plans to open its first store in North Dakota next year and is investing $100 million to renovate its existing stores.

Grocers continue to add electronic shelf label software

Aldi, Gelson’s and Hornbacher’s have deployed Instacart's pick-to-light capability in stores.

The Weekly Closeout: Brooks Running hits revenue record and Ollie’s Bargain Outlet acquires former Big Lots stores

The running brand surpassed $1 billion in global revenue year to date, while Ollie’s acquired more leases from the bankrupt discounter.

Big Lots introduces new rewards app

The app is available to Big Rewards members and includes exclusive deals and a personalized dashboard, among other features. 

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.

Wayfair COO steps down

At the end of the year, Thomas Netzer will exit the role he’s occupied since 2019.

The Backroom: Retailers creeping it real

Halloween will drive $11.6 billion in spending this year. Plus, it’s fun!

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.

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.

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.

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. 

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.

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.

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.

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.

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.

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.