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Rihanna’s Savage X Fenty debuts at Selfridges
The move marks the inclusive lingerie brand’s first brick-and-mortar presence abroad.
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Walgreens sued by shareholder amid plummeting stock price
The company’s top directors — including CEO Tim Wentworth and CFO Manmohan Mahajan — allegedly breached their fiduciary duty by inflating Walgreens’ performance projections.
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Allbirds plans reverse stock split to regain Nasdaq compliance
The once-DTC darling was warned of a possible delisting in April and has until the end of the month to regain compliance.
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Virtual try-on offers more sales: Perfect Corp.
The report found that over 38% of respondents identified virtual fitting rooms and try-ons as the most effective use case of AI and AR tech.
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ODP Corp. develops AI assistant for Office Depot, Office Max associates
The ODP Personal Assistant gives workers the ability to provide faster and more accurate responses to customers.
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With new leaders and a new plan will Beyond’s ‘gallery of brands’ succeed?
The company is leveraging Bed Bath & Beyond’s deep name recognition and plans to develop a gallery of retail brands ranging from luxury to off-price.
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Miniso unveils 200th US location in Santa Monica, California
The company now has stores in 20 U.S. states as it pursues a plan to open between 900 and 1,100 new stores globally in 2024.
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Shoppers’ online fraud fears escalate
Four in five consumers are worried about identity theft or someone stealing their credit card numbers, according to an August report from the credit monitoring agency Experian.
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How chatbots can personalize self-service interactions
Generative AI chatbots are well-suited to draw on customer metadata and company knowledge bases to personalize self-service experiences.
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Bath & Body Works to launch generative AI fragrance finder
The retailer plans to leverage large language models and data to increase customer traffic and sales over time.
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‘Maybe It’s Maybelline’ returns, reworked for TikTok era of beauty marketing
The cosmetics brand is promoting the revamped jingle with a team of influencers and heavy play on the video-sharing app favored by Gen Z.
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Gap Inc. CEO: ‘We’re running a fundamentally stronger business’
The retailer gained share in Q2, with Old Navy and namesake Gap making strides. Can the momentum continue?
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Ulta slashes guidance again on flat sales and declining comps
Usually a high performer, the beauty retailer is losing share and struggling with the impacts of Sephora’s broad expansion at Kohl’s.
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Dollar General sees ‘cash-strapped consumer,’ cuts guidance
The company said its core base of lower-income shoppers had less to spend, as it reported top-line results that were below expectations for Q2.
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The Weekly Closeout: Amazon’s October sales event returns and Hollister goes back to school
The e-commerce giant is prepping for its unofficial holiday kickoff event, while the apparel brand launched a collection featuring over 30 U.S. universities.
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A slowing women’s business is hurting Lululemon’s growth
While CEO Calvin McDonald said the Breezethrough leggings debacle had a “negligible impact” on its sales, the brand continues to suffer from other merchandise misses.
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Best Buy revenue falls 3% in Q2
The electronics retailer is updating in-store merchandising across multiple categories as it increasingly competes with big-box rivals for market share.
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Walmart to help sellers fulfill orders from third-party e-commerce sites
The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service.
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Kohl’s CEO ‘disappointed’ with 4.2% sales drop in Q2
As the retailer nears having a Sephora in every store and 200 Babies R Us openings, there's still “work to do” to improve apparel and footwear sales, the executive said.
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With support of retail industry, California enacts package of bills to fight retail crime
Gov. Gavin Newsom hopes to blunt the potential of a November voter referendum that he says could undermine the new legislation.
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Walmart Marketplace expands into premium beauty, collectibles and pre-owned categories
As the retailer vies for collectibles shoppers and share in the secondhand market, it faces competition from established players like eBay.
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Is Victoria’s Secret finally on the upswing?
Ahead of welcoming a new CEO, the intimates giant bumped up its expectations for the year and the third quarter, when its Fashion Show returns.
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Amazon Fresh debuts 4 new stores
All of the locations offer smart grocery carts and Amazon One, the company’s palm-recognition technology.
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Foot Locker to exit several international markets, move headquarters to Florida
Yet another cost-cutting and simplification effort will see the retailer exit South Korea, Denmark, Norway and Sweden by mid-2025, and switch its New York City base for one in St. Petersburg, Florida.
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Anniversary Sale, Rack propel Nordstrom’s Q2 sales
Strong regular-price sales also helped boost margins, but the retailer raised its guidance only slightly.
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