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Macy’s kicks off summer with first campaign under new CMO
The campaign will link back to the department store chain’s July Fourth fireworks display.
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TikTok Shop to discount ‘thousands’ of items during sales event
The social media platform is following Amazon’s lead with its own Deals for You Days this July.
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Walgreens to close ‘significant’ number of US stores
The company is reviewing about 25% of its 8,700 domestic stores, with profitability and level of shrink factoring into which locations stay open.
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Consumers were still cautious in May. That might be a good thing.
Weaker spending may be helping the Federal Reserve with this year’s balancing act of cooling inflation and staving off a recession.
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Perfect Corp. and Face Haus partner to bring AI enhanced skincare
The technology helps estheticians identify key skin concerns to help customers better understand their needs.
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Levi’s DTC growth speeds up in Q2 as wholesale improves
The iconic jeans maker is responding to demand for looser fits and non-denim categories and plans to expand its global footprint by 70 new stores.
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May retail sales up 4.5% as consumers cut back on services
Not all segments saw an uptick, though, and retailers should brace for cautious spending in coming months, analysts said.
Updated June 18, 2024 -
Lawsuit claims Nike CEO John Donahoe misled investors about the success of its DTC strategy
The lawsuit alleges that Donahoe and Chief Financial Officer Matt Friend continually touted the strength of its strategy when in fact it was “unable to generate sustainable revenue growth.”
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Consumers splurge on cosmetics online despite inflation: report
While shoppers are trading down in categories like electronics and apparel, they’re continuing to buy luxury goods like fragrances and lipsticks, Adobe Analytics found.
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A year after marketing turmoil, a more subdued Pride Month
Quietest of all is Target, which took the brunt of protests in 2023, though the retailer says it stands behind the LGBTQ+ community in other ways.
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David’s Bridal debuts shapewear line
The new Shapewear DB Studio collection marks the retailer’s expansion into another product category.
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Serta Simmons Bedding names CEO
Jim Loree is the fourth person in less than a year to hold the company’s top spot.
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Skechers supplier accused of using forced labor
Two other vendors also joined the Department of Homeland Security’s list of companies banned from importing goods into the U.S.
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L.L. Bean looks beyond New England for growth
The iconic outdoor retailer is opening four U.S. stores this year, and will head to the Southeast and Midwest for further expansion in 2025.
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Buck Mason opens third Chicago-area store
The apparel brand’s Oakbrook Center store marks its 33rd location in the U.S. as it plans for greater brick-and-mortar expansion this year.
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Target reshuffles C-suite
Among the changes, current Chief Marketing Officer Lisa Roath will become chief merchandising officer of food, essentials and beauty early next year.
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Walmart, Target, Best Buy pile on as Amazon announces Prime Day schedule
These summer sales may offer the best deals of the season. But are they on products that consumers actually want?
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Amazon reignites Amazon Fresh store growth with 2nd New Jersey location
The newly opened Eatontown supermarket brings the chain’s total store count to 42.
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TikTok Shop looks to woo small businesses with accelerators
Despite facing a U.S. ban, the social media platform is investing in resources to help scale women- and LGBTQIA+-owned businesses.
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Toys R Us creates first brand film to use OpenAI’s text-to-video tool
As it prepares for a major relaunch, the toy brand’s production arm is embracing generative AI tools that have become the focus of the marketing and media industries for the last few years.
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How retailers can fight theft without hurting customer experience
Locked cases drive potential customers to online alternatives. Helpful associates assist customers while inconveniencing crooks.
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Target teams with Shopify to expand its marketplace
A selection of Shopify merchants, like True Classic, will join the mass merchant’s digital marketplace, with some available in stores in coming months.
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Bath & Body Works introduces employee tuition program
The company’s new “Investing in You” program delivers a number of benefits, including an education reimbursement of up to $3,000 annually.
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L Catterton acquires Naomi Watts’ Stripes Beauty
As part of the deal, the brand has named ex-Revlon CEO Debra Perelman as executive chair.
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Do retailers need active assailant insurance?
Stores and shopping centers are increasingly vulnerable to the death and destruction caused by mass shooters in the U.S.