Despite Dick’s Sporting Goods slowing down its store growth, the sporting goods chain is opening 11 new stores in nine states this month.
Amazon reported net sales of $88.9 billion in Q2, up 40% from $63.4 billion last year, in what founder and CEO Jeff Bezos called “another highly unusual quarter.”
Walmart is bringing its Ask Sam machine learning-powered voice assistant app over from Sam’s Club, and has expanded its capabilities to include details about COVID-19.
It’s a new year for industry events, and retailers’ product discoveries are no exception.
Starbucks is leaning hard on its tech investments as it adapts to shifting consumer behavior during the COVID-19 pandemic.
Like most retailers, Target is heading into the holiday season with a new, untested playbook. See what it has planned as it tries to win Q4 while still supporting its associates.
Nike is cutting jobs and making leadership changes as part of its focus on its direct-to-consumer strategy and digital transformation.
Sales are picking up for Best Buy, and it’s raising wages to continue its investment in associates.
Tapestry chairman and CEO Jide Zeitlin has resigned from the company and its board of directors, citing personal reasons.
The apparel retailer is bucking the store closing trend by opening three new locations this month.
A number of leadership changes have taken place at some of the top U.S. retailers.
Michael Witynski has been promoted to president and CEO of Dollar Tree, replacing the retiring Gary Philbin.
The retailer is making its fulfillment services even more accessible to its customers, as well as solidifying its commitment to selling more environmentally sustainable products.
Amazon’s Dash cart is the company’s latest tool in the frictionless shopping battle, a challenge that has only been spurred on by COVID-19 and consumers’ desire for contactless transactions.
The struggling retailer filed for Chapter 11 bankruptcy protection in May and has identified 152 stores it will close. These labor cuts are meant to align with its reduced store footprint.
RTW Retailwinds, the parent company to New York & Company, filed for Chapter 11 bankruptcy protection and expects to close a significant portion, or even all, of its brick-and-mortar stores.
Bed Bath & Beyond will close about 21% of its store fleet over the next two years as it invests in its digital transformation.
Cosset is taking the helm of the company’s alternative business profit portfolio and its data analytics subsidiary.
The apparel brand and retailer has already sold around 10 million non-medical cloth masks to clients that include the City of New York, the State of California and Kaiser Permanente.
The apparel brand and retailer entered into a stalking horse asset purchase agreement with SPARC Group, operator of Aéropostale and Nautica.
Lululemon Athletica is acquiring in-home fitness platform provider Mirror for $500 million.
Walmart is finding a new use for its store fleet, as well as new ways to digitally engage its customers.
Rite Aid increased its e-commerce fulfillment capacity by 700% in just three weeks during its fiscal first quarter, as its previous efforts to strengthen its digital capabilities were given a COVID-19 stress test.
Walmart shared details on the self-checkout-only experience at its Fayetteville, AR, store, designed to improve traffic flow and reduce training time.