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After shuttering stores at home, Bed Bath & Beyond is going global
A new licensing program includes plans to open locations in Mexico and could extend to other Beyond Inc. brands.
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Deep Dive
Temu and Shein packages are flooding delivery networks. Will the surge persist?
Parcel carriers are counting on the e-commerce companies to adapt to any potential de minimis changes, as many have come to rely on the added volume.
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GameStop eyes more store closures as sales fall 31%
A store optimization review is underway as the video game retailer continues to face significant obstacles.
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L’Occitane opens Manhattan boutique, plans more store openings this fall
The 891-square-foot store features a variety of services and is one of five boutiques the company plans to open in the surrounding area this fall.
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Mattel appoints chief strategy officer
Ken Wee, who previously held the same role at Activision Blizzard, will oversee all aspects of strategic planning and corporate development.
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Backcountry acquired by CSC Generation Enterprise
The outdoor gear retailer will continue to operate under its own name and recently moved to expand into wholesale.
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Uggs designer jumps to J.C. Penney
Khristene Son, with experience at brands that also include Old Navy, Justice and Charlotte Russe, is SVP of trend, brand and design.
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Under Armour to close California distribution center amid restructuring plan
The decision to exit one of its primary distribution facilities will cost the athletics retailer an additional $70 million in restructuring charges.
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Amazon Fresh gets new private brand, expanded Prime savings
The updates, which also include a revamped online storefront, highlight the retailer’s continued efforts to bolster the grocery banner.
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J.C. Penney debuts apparel line for women who use wheelchairs
The limited-time collaboration with Jamey Perry is the latest in the department store’s adaptive apparel offering.
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Private equity firm sweeps up LL Flooring, which will stay in business after all
The bankrupt home improvement company, previously Lumber Liquidators, has inked a deal to be acquired by F9 Investments, its largest shareholder.
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Probiotic brand Seed launches at Target nationwide
The move marks the brand’s first partnership with a big-box retailer and follows its debut on Amazon earlier this year.
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Big Lots files for Chapter 11 bankruptcy
The bargain-focused retailer said Nexus Capital Management has offered a $620 million stalking horse bid.
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Nike depicts drudgery of running in latest leg of comeback campaign
Timed to marathon season, “Winning isn’t Comfortable” extends a hard-edged approach, showing runners battered by the elements.
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Google Shopping launches virtual dress try-ons in the US
The generative AI-enabled feature is part of a larger effort to enhance the search engine’s ability to help shoppers buy apparel online.
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Off-price retailers poised to take even more market share from department stores
TJX, Ross and Burlington all enjoyed higher sales and profits in the second quarter.
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Walmart kicks off multicity fashion tour
The retailer will bring its Style Tour to over 40 stops across the U.S. as a way to “shorten the distance between inspiration and commerce.”
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Nordstrom pulls back on Pacific Northwest omnichannel center plans
The retailer said its current network will suffice following supply chain improvements made over the last few years.
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Family Dollar implements AI tech for category management, merchandising
The discount chain has selected Dunnhumby to power a platform aimed at localizing product assortment to better meet shoppers’ needs.
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Podcast
The Backroom: Under Armour’s past — and future — under Kevin Plank
The executive earlier this year returned to the athletics brand he founded nearly 30 years ago. What does that mean for the company?
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33% of holiday shoppers plan to spend less this year: Bankrate
Concerns around high interest rates and inflation are stressing consumers’ budgets, according to a recent report.
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Simon expands, rebrands online outlet marketplace as ShopSimon
The digital marketplace is adding sale and discounted merchandise to its outlet offering of over 360 retailers.
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Arc’teryx opens largest flagship to date
The 14,164-square-foot store is located at 580 Broadway in New York City and will feature both new and refurbished products.
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LL Flooring to liquidate, close all stores after no buyer found
"This is not the outcome that any of us had hoped for," CEO Charles Tyson said in messages to customers and vendors.
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Walmart expands marketplace offerings with StockX sneaker deal
The big-box retailer executive Manish Joneja said the broadened assortment should draw more buyers.