The Latest
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NRF expects ‘slower trajectory for consumer spending’ in 2025 as tariffs fuel uncertainty, inflation fears
Retail sales could grow 3.7% at best — or well under 3% — as many consumers reach the limits of their spending power, the trade group said.
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Birkenstock debuts 10th US location
Located in Nashville, Tennessee, the store is part of an effort to expand the brand’s fleet both stateside and abroad as it pushes forward its DTC strategy.
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Retail leaders sound off on AI’s use-cases
From Toys R Us’ experimentation with video to Meta’s new ad capabilities, here’s how the tech is being used across the industry.
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Trump installs 10% baseline tariff, country-specific duties
The president said he will levy import taxes on China, Japan and others equal to half of what they charge the U.S. based on White House calculations.
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QVC to stream on TikTok 24/7
As it undergoes a larger turnaround, QVC Group is going all in on TikTok Shop two years after the feature launched.
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On announces CEO change amid leadership overhaul
Martin Hoffmann, co-CEO and CFO, will become the sole chief executive, while co-CEO Marc Maurer prepares to exit the brand.
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A look back on COVID-19’s impact on retail
The pandemic has had lasting effects on the industry, including altering operations and resetting consumer expectations.
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Kate Spade comes to Target
In 10 days, the retailer will drop a 300-piece limited-edition collection with the Tapestry-owned brand, known for its bright colors and prints.
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Amazon taps AI for automatic product recommendations
The e-commerce giant gave a subset of U.S. users a tool that takes shopping prompts to routinely recommend items.
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The image by Jelson25 is licensed under CC BY-SA 3.0Column
The Weekly Closeout: GameStop pays for CEO’s security, layoffs at Mattel
The gaming retailer paid nearly $270,000 last year for Ryan Cohen’s executive security, while the toy company laid off 120 workers at its headquarters.
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Hudson’s Bay to eliminate 200 corporate roles
Impacted employees will have their last day on Friday, while the company restructures and undergoes store liquidations.
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Harry’s resets brand with push beyond product-focused marketing
Along with a refreshed visual identity, the DTC innovator launched a new campaign that pokes fun at crime movie tropes to highlight brand truths.
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Levi’s CEO: ‘If the wallet’s tighter, then we have to work harder’
Pickier shoppers just means higher execution is needed from the denim brand, Michelle Gass said. But a little help from Beyoncé never hurts.
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Williams-Sonoma says tariffs present opportunity
Supply chain efficiencies and moving sourcing away from China are giving the home goods retailer a leg up.
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David’s Bridal debuts menswear
The assortment will expand each season, ultimately featuring 200 curated pieces from Perry Ellis and Cubavera.
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Podcast
The Backroom: Talking wholesale with Liza Amlani
The longtime merchant discusses the myths and rewards of a channel that is getting renewed appreciation in the industry.
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Retailers fight customer churn with loyalty programs
Two-thirds of retailers offer loyalty programs, Salesforce found. Rewards play a powerful role in retaining customers, especially as prices rise.
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Macy’s chief operating and financial officer to exit
Capri Holdings exec Thomas Edwards will step into the role as the company completes a “purposeful evolution” of its C-suite, CEO Tony Spring said.
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Gap Inc. CEO: ‘If you’re relevant enough it eventually drives revenue’
One of the most-watched turnarounds in retail started with a long look back at its past, Richard Dickson said at Shoptalk Spring.
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REI taps Target, PetSmart veteran as chief merchant
Kristin Shane, who will focus on driving sustainable growth and a differentiated experience, joins as the co-op is transitioning to a new CEO.
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Consumer spending during Q1 to shrink for first time since pandemic
“Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods spending later this year,” the Conference Board said.
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‘Please, no hot sauce’: Shark Tank’s Kevin O’Leary on today’s retail startups
In addition to the category he never wants to see again, O’Leary also highlighted a marketing channel he thinks all brands should be contemplating.
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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 in downtown Dallas to stay open through the holidays
Parent company Saks Global, in concert with the city, is evaluating alternate plans for the location as a potential art, fashion or entertainment destination.
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Madison Reed taps Athleta vet as chief marketing officer
Sheila Shekar Pollak helped launch the activewear company’s “Power of She” brand platform and Athleta Girl clothing line.
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Inside H&M’s digital relaunch and approach to multichannel experiences
Head of Digital Jenn Volk explains how the retailer reimagined digital to increase brand storytelling around moments like its Charli XCX collaboration.