The Latest
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Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
Retail sales rise 5.2% in April as grocery prices ease
With summer approaching, retailers need to sharpen their pitch to consumers still wary of spending, analysts say.
Updated May 15, 2024 -
Aleksandr Ozerov/Shutterstock.com
Sponsored by CallMinerHow to harness customer insights in the age of information overload
Navigate the data maze: unveiling the power of unsolicited feedback in customer insights.
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Photo illustration: Costco; Getty Images
Uber takes on Instacart with expanded Costco partnership
The club retailer is now available on Uber Eats in several unspecified locations across the U.S., Canada, Mexico and Japan, with more to come.
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Courtesy of 7-Eleven
7-Eleven testing new financial services in stores
The retailer will add terminals to 3,000 Speedway locations and test services like cryptocurrency purchases with ATM solution provider FCTI.
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Courtesy of J. Jill
J. Jill pays $60M toward debt, announces quarterly dividend program
The retailer said in a preliminary earnings statement that it expects net sales of $160 million for the first quarter.
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Courtesy of Buck Mason
Buck Mason opens second Chicago store
The Los Angeles-based clothing company now has 32 retail locations and sees potential to continue growing its physical footprint.
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Courtesy of Gap Inc.
Gap Inc. selects Omnicom as media agency of record, reorganizes key media functions
The apparel marketer created a Marketing Shared Services organization to unite core media functions as it works to revitalize its brands.
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Permission granted by DXL
Destination XL marketing campaign focuses on ‘clothes that actually fit’
The multichannel effort, which is being tested in three markets, focuses on “simplicity, quality, and fit,” CEO Harvey Kanter said.
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Courtesy of Target
How Target will celebrate Pride this year
After last year’s massive backlash, the retailer’s collection won’t include items for children and will be sold only in some stores and online.
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Courtesy of Amazon
Amazon’s latest shopping event is a book sale
The e-commerce giant has produced a series of themed discount shopping days going into the summer.
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Courtesy of The Container Store
The Container Store faces delisting as Q4 sales plunge
The retailer continues to struggle, especially with general merchandise. But margins expanded and losses narrowed for the quarter and full year.
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Brett Dworski/Retail Dive
Foxtrot’s assets sold for $2.2M in what one attendee called a ‘completely ramrodded’ auction
The virtual sale on Friday seemed to leave people with more questions than answers after organizer JPMorgan Chase didn’t describe the lot for sale and only entertained one bid.
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Courtesy of Lulus
Lulus partners with Levi’s on new collection
The denim-inspired capsule will be sold at Lulus’ Los Angeles store and is part of the brand’s curation strategy.
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Courtesy of Reebok
Reebok launches custom AI sneaker experience on Instagram
With Reebok Impact users can share a photo memory on the social media platform to generate a digital shoe.
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The image by By Kazuhisa OTSUBO from Tokyo, Japan CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=69411735 is licensed under CC BY 2.0
Music retailer Sam Ash files for Chapter 11 bankruptcy
The retailer is evaluating a potential sale of its e-commerce operations, related intellectual property and wholesale business.
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Courtesy of Stitch Fix
Stitch Fix chief merchant is out
Loretta Choy, who also led client services, left Friday. The e-tailer has said it’s working on major changes to its merchandising and customer experience.
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Permission granted by Home Depot
Home Depot sales fall in Q1 on soft housing market
The company is continuing to lean in on capturing more market share with professional customers.
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Sam Silverstein/Retail Dive
Instacart sees smart carts as key growth driver
The company expects to deploy thousands of its screen-equipped carts in grocery stores by the end of 2024, CEO Fidji Simo said.
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Courtesy of Hilma
Hilma expands wholesale reach with Walmart deal
Three of the DTC brand’s products are available at Walmart, as the retailer bolsters similar deals with Target and Walgreens.
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Creative via Getty Images
Consumers ‘trading down’ to cheaper goods online: report
Even as e-commerce spend in the first four months of the year grew to nearly $332 billion, shoppers are buying cheaper goods across categories.
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Courtesy of Adidas
The Weekly Closeout: Joann exits bankruptcy while Adidas teams with Korn
The craft retailer has $153 million in new financing as it goes private and the athletic giant released a follow up to last year's partnership.
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Permission granted by Purple
Purple Innovation posted 33.1% growth in wholesale, while DTC stayed flat in Q1
The sleep brand is targeting five areas of improvement as softness in the home furnishings industry persists.
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Courtesy of Walmart
Walmart streamlines fulfillment with third consolidation center
The center’s tech aims to benefit shippers through streamlined purchase order fulfillment, shorter lead times and faster delivery to customers.
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Daphne Howland/Retail Dive
Simon Property Group would put up no capital to buy Express
That price could explain why the mall REIT is willing to jump back into ownership of retail tenants after scaling back over the past several months.
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Courtesy of Crocs
Crocs expands takeback program
Used footwear from the brand can be dropped off at collection boxes or mailed in, with customers earning 10% off for returning old shoes.
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Courtesy of Beyond Meat
Beyond Meat CEO sees 2024 as a ‘pivotal year’ despite grim Q1 results
The plant-based pioneer had its eighth straight quarter of revenue declines and is raising prices as it seeks to recapture margins.
