The Latest
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Podcast
The Backroom: ‘Foes of a Minimum Wage Guard’
Playwright Ken Harris talks about how his loss prevention experience informs his award-winning play, and gives his unique perspective on shrink and theft.
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Target, Warby Parker team up on eyewear shop-in-shops
The two will open five locations this year, staffed by Warby Parker employees, as a complement to Target’s existing optical business.
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Apparel rental site Nuuly turns profitable, aims for $500M in sales this year
All Urban Outfitters Inc. brands gained market share and customers, with shoppers still “enthusiastic rather than exuberant,” CEO Richard Hayne said.
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"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Neiman Marcus Dallas flagship will close despite city’s intervention
Owner Saks Global had blamed the closure on a lease dispute but says its plans remain even though civic leaders have brokered a solution.
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Amazon upgrades Alexa+ with generative AI
The e-commerce giant revamped its personal assistant tool to make it smarter, more conversational and nimble.
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Joann shoppers to shift purchases to Michaels, Hobby Lobby
The craft retailer’s store closures have left shoppers searching for alternatives, according to a Numerator survey.
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Home Depot, Lowe’s notch comp gains in Q4
While the sector may be on the mend, higher interest rates and potential tariff challenges continue to pressure the market.
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Amer Sports notches 23% revenue growth in Q4
Executives anticipate another year of profitable growth in 2025 driven by strength from the company’s Arc’teryx and Salomon brands.
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Fabletics targets demand planning, inventory management
The apparel company will build a forecasting model using Blue Yonder’s supply chain planning solutions.
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How Ikea approaches AI governance
A responsible AI policy and multidisciplinary team built the foundation of the company's compliance with the EU AI Act.
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Ulta taps company vet for chief marketer role
Since January, the company has also named a new CEO and elevated Chief Store Operations Officer Amiee Bayer-Thomas to chief retail officer.
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Target launches partnership with Champion
The two are teaming up five years after their last line was discontinued — this time on a 500-piece collection, with most items priced under $40.
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Why does Walmart want a shopping mall?
It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal.
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"Saks Fifth Avenue, Off 5th Outlet Factory Store , Clinton CT" by Mike Mozart is licensed under CC BY 2.0
Neiman Marcus deal triggers another round of layoffs at Saks Global
The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.
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Generative AI and social media dominate purchase decisions
Consumers are turning to social media as a primary source when shopping, Capgemini found. Now, they want generative AI to aggregate those results.
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How Patagonia’s repairs program drives loyalty and customer advocacy
The program is just one example of how the outdoor apparel brand has aligned its customer experience with its core values.
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Beyond slashes SKUs and vendors as Q4 revenue falls 21%
Executive Chairman Marcus Lemonis said “the worst is absolutely 100% behind us” and that the retailer might notch a few profitable months this year.
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Dillard’s holiday margins shrink despite expense controls
Unlike rivals, the Southern department store enjoyed higher traffic to stores last year, but joins them in losing share to value players.
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Column
The Weekly Closeout: GameStop eyes asset sale, Hasbro plans a turnaround
The gaming retailer is seeking buyers for its operations in France and Canada, while the toy company’s strategy “will drive Hasbro’s evolution into a modern play company.”
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Joann to be sold, all stores going out of business
Pending court approval, GA Group and the company’s lenders are winding down the retailer’s operations.
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"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Dallas city, business leaders rally to save Neiman Marcus flagship
A coalition has formed to bring owner Saks Global and its lessors back to the negotiating table, declaring, “Texans are problem solvers.”
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Tracker
The running list of major retail deals
Beyond Inc. agreed to buy the global rights to the BuyBuy Baby brand and Reebok’s U.S. operations were sold.
Updated Feb. 13, 2025 -
Walmart expands same-day delivery reach
Tech advancements are also helping the retailer bring store-fulfilled orders to more customers.
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Saks Global’s vendor trouble hints at financial vulnerability
Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.
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Retail sales grow nearly 4% in January
A new administration and fears regarding tariffs led to some early purchases from consumers, according to analysts.
Updated Feb. 14, 2025