The Latest
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Tupperware files for bankruptcy amid lender opposition
The iconic housewares brand, famous for its direct-sales parties, has been slow to adapt to e-commerce and omnichannel retail.
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Sponsored by Cushman & Wakefield
International brands bring sizzle to the US marketplace
International brands are redefining the U.S. retail landscape by infusing it with fresh experiences and unique consumer engagement opportunities. As these global names set up shop in prime locations, they’re creating dynamic shopping environments, attracting diverse shoppers, and driving long-term growth.
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Instacart focuses on diversifying tech, brand partners to fuel growth
The company is expanding its advertising base to include emerging brands and growing its retail partnerships by providing more services, CEO Fidji Simo said at a conference.
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Picky consumers continue to shop in August, sending retail sales up 4.3%
An anticipated interest rate cut this week could boost spending at the holidays, but volumes in some categories will remain under pressure, analysts said.
Updated Sept. 17, 2024 -
Amazon announces October Prime Big Deal Days dates
The sales event, which is slated to run Oct. 8 and Oct. 9, comes about a month and a half ahead of Black Friday and Cyber Monday.
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Millie Bobby Brown’s Florence by Mills Fashion launches at Nordstrom
The move marks the brand’s first partnership with a brick-and-mortar retailer and will put its products in 20 of the department store’s locations.
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Amazon trims California warehouse footprint
The e-commerce giant is closing facilities in Irvine and West Sacramento, impacting more than 300 employees.
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Purple revamped its supplier and logistics network. Here’s why.
The mattress maker sought an increase in gross margin by diversifying its sourcing and simplifying its delivery operations.
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Shein to highlight fall-winter collections in shoppable livestream fashion show
“Shein Live: Front Row” will be livestreamed across Facebook, X, YouTube and Instagram on Sunday.
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Target wants to hire 100K people for the holidays
The retailer also teased a holiday assortment that's 50% larger than last year and includes "thousands" of low-cost items.
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Christian Siriano, Azazie collaborate on bridal collection
At a New York Fashion Week show, the designer showed three pieces from an upcoming line created in partnership with the DTC bridal brand.
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Biden-Harris administration takes aim at de minimis exemption
The administration plans to limit the type of goods that qualify for the exemption, targeting the likes of Shein and Temu.
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Would-be Estée Lauder investor has no plans to boost ‘mini-tender’ offer
The luxury beauty and fashion conglomerate said it doesn’t endorse the below-market bid, which doesn’t require typical disclosures because it’s for less than 5% of its outstanding shares.
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Big Lots brings back ‘Black Friday Fridays’
The retailer, which filed for bankruptcy last week, announced the return of the deals event offering up to 50% off select items every Friday through Dec. 6.
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Column
The Weekly Closeout: Sephora North America names next CFO and Petco’s losses grow
Ten-year company veteran Delphine Herve will take on the position at the beauty retailer. Meanwhile, the pet retailer saw net loss surge by 70% in Q2.
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Shoppers to pull back on everyday purchases to prioritize holiday budgets
Most consumers this year are also discovering offers and discounts solely through digital sources including email and social media, Coveo found.
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Shoppers want personalization online, in-store and on customer service calls
Personalization doesn’t end on the website or app. Customers are looking for personalized assistance from in-store associates and customer service agents as well, an Incisiv and Talkdesk study found.
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The big switch: Why Shoe Carnival is flipping some of its stores into Shoe Stations
In a few test locations, stores that were rebannered as Shoe Stations performed “exceptionally well,” according to CEO Mark Worden.
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La-Z-Boy streamlines supply chain with Mexico consolidation
The furniture maker is moving some of its upholstery operations and plans to shutter a leased cut and sew facility.
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With new investment, Kendra Scott eyes geographic, category growth
Private equity firm 65 Equity Partners has invested an undisclosed amount in the accessories brand, though founder Scott herself retains a majority stake.
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Inside a closing Sam Ash Music store
The family-run company filed for Chapter 11 bankruptcy in May and the liquidation of its 42 retail stores began. Here’s what that looked like at one location.
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Build-A-Bear names chief revenue officer
David Henderson, who previously worked with Hasbro and Melissa & Doug, comes to the retailer after it reported a record Q2.
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Ross switches up its merchandising leadership team
The discount retailer promoted two longtime employees to the chief merchant positions at its Ross and DD’s Discounts banners.
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Q&A
Why Old Navy is throwing back to the ‘90s to burnish its iconic brand
Chief Marketing Officer Behnaz Ghahramani opened a new playbook for a collection and campaign that celebrate the 30th anniversary of the Gap-owned retailer.
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Victoria’s Secret brings back its VSX activewear line
The collection includes sports bras, leggings and ready-to-wear apparel like trench coats, catsuits and T-shirts.
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Big Lots gets court OK for $550M in bankruptcy financing
The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors.