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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.
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Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors
If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and install a performance-based condition for some executive stock benefits.
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J.C. Penney Q1 loss widens as sales fall 8%
The department store’s start to the year was fairly weak, though improvements to merchandise and some stores have paid off, GlobalData said.
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Nike veteran Tania Flynn jumps to Athleta as head of design
Flynn — who spent nearly two decades at the sports giant, most recently as creative director of apparel design — called the move “an exciting step.”
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Monos opens second retail store as it plots US expansion
The DTC luggage brand opened a store in Toronto and has plans for eight U.S. locations next year.
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DTC EBIT margins ‘meaningfully below’ wholesale, per report
BMO Capital Markets found that brands that grew DTC did not see a notable increase in revenue, merchandise margins, EBIT margins or EBIT dollars.
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Arc’teryx, Stanley among fastest-growing outdoor brands
A report from Circana found the two brands led the apparel and equipment accessories segments, respectively, with strong year-over-year growth.
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J.C. Penney spends $40M on distribution center upgrades
The retailer installed new automation technology at its plant in Reno, Nevada, as part of a larger investment strategy.
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New Balance launches trade-in program in nearly 100 stores
In partnership with Archive, the brand is scaling its Reconsidered program where customers bring in gently worn footwear to receive a voucher toward their next purchase.
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Eastern Mountain Sports, Bob’s Stores file for bankruptcy
The chains, in a “liquidity crisis” since their bank found them to be in default, required emergency funding to make payroll Friday.
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Dollar General names Walmart vet as chief marketing officer
The retailer also announced the appointment of six others to leadership roles in merchandising, store operations and asset protection.
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Online shoppers are shifting habits in the face of inflation
Nearly two-thirds of respondents said they had changed behaviors as a result of higher prices, according to a recent survey.
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Bark leads initiative for dog toy safety
The pet retailer, known for its Super Chewer and Bark Box subscriptions, is working alongside international standards organization ASTM.
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Beyond Meat launches next product in fourth generation formula lineup
The plant-based pioneer is furthering its mission to make cleaner-label products by offering new sausage varieties.
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Target to roll out generative AI chatbot for store employees
The new tool, dubbed Store Companion, is designed to answer on-the-job process questions and support store operations.
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Nike, Converse sue 52 ‘counterfeiting networks’
The businesses named in the lawsuit collectively operate 98 websites and 267 social media handles, and allegedly sell “thousands” of fakes.
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