Page 3
-
GameStop raises $933M from stock sale
The funds could go toward acquisitions or investments, which may be important as its core business shrinks.
-
Dick’s Sporting Goods is taking share ‘across the board’ as sales stay strong
As it expands House of Sport, openings of the experiential format at local malls are driving meaningful traffic growth to those shopping centers.
-
Walmart launches immersive digital shopping experience
Walmart Realm is composed of influencer-led virtual shops meant to shorten the distance between inspiration and commerce.
-
DOL overtime expansion ‘unlawful,’ business groups argue
The plaintiffs, including the National Retail Federation, filed a lawsuit in the same court that enjoined an Obama-era overtime rule, saying “the Department has done it again.”
-
Debit cards face rising digital wallet competition: report
Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.
-
Beyond Yoga expands on the West Coast with new store in Washington state
This is the lifestyle brand’s second store outside of California and seventh overall.
-
Private equity firm acquires majority stake in Feat Clothing
Co-founder Taylor Offer will step down as CEO while the remainder of Feat Clothing’s team will stay in place.
-
Dollar Tree confirms more layoffs at corporate office
The discounter has recently reviewed its underperforming Family Dollar business, shifted its pricing strategy and overhauled its leadership.
-
Gildan CEO and entire board resign ahead of annual meeting
Following a months-long proxy battle between the activewear brand and investor group Browning West, former CEO Glenn Chamandy will likely be reinstated.
-
Margins balloon at Deckers as Hoka takes off
The running shoe line and sister brand Ugg lead a footwear portfolio that Wedbush calls “one of the fundamentally strongest names in our coverage.”
-
Ollie’s wins bankruptcy bid for 11 former 99 Cents Only Stores
The acquisition of the Texas stores appears to support Ollie's plans to expand its brick-and-mortar footprint.
-
Walmart and Capital One break up
The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.
-
Vuori opens first store in China
The store marks the athleisure brand’s 67th location as it works toward a goal of opening 100 stores by 2026.
-
Column
The Weekly Closeout: Dollar General taps store operations exec as PetSmart searches for a chief toy tester
Lee DeVille will lead operations for three of the discounter’s retail divisions. But the pet retailer’s new role requires a furrier candidate.
-
Up to 2K Walmart jobs in Texas, California impacted by relocations and layoffs
The retailer earlier this month confirmed hundreds of corporate layoffs.
-
Mizzen+Main continues Southern expansion with Alabama opening
Located in Birmingham, the store is the brand’s 11th overall and first in the state.
-
Target adds 1K summer items in affordability push
In an attempt to draw in budget-sensitive shoppers, product prices start at $1 and more than half of the assortment is less than $15.
-
Wilson signs WNBA rookie Caitlin Clark
As part of the deal, the sporting goods brand will partner with the athlete on a signature basketball line celebrating her legacy.
-
VF names new CFO, still feels revenue slump as it considers selling assets
The declining performance of the Vans brand continued to weigh on the apparel and footwear conglomerate’s Q4 earnings despite various transformation programs.
-
Rothy’s launches on Amazon
The sustainable shoe brand is adding its signature products to the online retailer as it looks to broaden its reach.
-
DoorDash expands Ulta Beauty offering
The partnership now includes on-demand delivery from the beauty retailer across all 50 states.
-
Coach scraps its copyright infringement lawsuit against Gap
The complaint, filed last month, focused on the use of the word “coach” on Old Navy T-shirts.
-
Peloton refinances debt as financial challenges persist
The struggling fitness brand is issuing new notes to pay off debt with a closer maturity date, just weeks after losing its CEO and laying off employees.
-
TJX, the world’s largest off-price retailer, is poised to get a lot bigger
The company said it could expand its global fleet by 1,300 or more additional stores in coming years, spurred in part by department store closures.
-
Walmart wants shoppers across incomes to feast on its new private brand
Findings from Numerator suggest the retailer’s bettergoods line appeals to lower-income and higher-income consumers, but for different reasons.
To find more content, use the "Topics" in the menu above.