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News
Winning Halloween: How Gen Z???s spooky summers are driving growth
1+ hour, 37+ min ago (12+ words) Winning Halloween: How Gen Z’s spooky summers are driving growth Retail Dive...
AI is becoming retail’s operating system
2+ hour, 37+ min ago (454+ words) For the past few years, retail's AI conversation has largely centered on customer-facing applications like chatbots, search and product recommendations. Those innovations captured attention because they were highly visible, but they represented only a fraction of AI's potential. Today, leading…...
The Weekly Closeout: Activist comes for Ethan Allen’s board, Rhode delivers for Elf
2+ day, 18+ hour ago (882+ words) The investor wants his nominees to replace all of the furniture retailer’s directors, while Rhode helped E.l.f. Beauty achieve nearly 40% growth. It’s been another week with far more retail news than there is time in the day. Below, we break…...
Spirit Halloween parent company to acquire Hot Topic
2+ day, 19+ hour ago (235+ words) Hot Topic and its subsidiaries will continue to operate independently and will maintain their headquarters in California. The acquisition of Hot Topic will unite six retail concepts under one parent company. Spencer Spirit Holdings’ portfolio includes Spencer’s, Spirit Halloween and…...
Etsy slashes workforce by 12%, laying off 220
3+ day, 19+ hour ago (375+ words) CEO Kruti Patel Goyal said neither cost cuts nor artificial intelligence drove the downsizing, but also said that “AI is changing how all of us work.” Under Patel Goyal, who took the helm as CEO at the start of this…...
Claire’s revamps iconic piercing experience
3+ day, 22+ hour ago (243+ words) The retailer is rolling out updated training, store displays, earring merchandise and more as part of a broader update to its store service. With about 900 stores, Claire’s is revamping a cornerstone of its reputation under new ownership. The retail piercing…...
Under Armour hits play on K-pop partnership
4+ day, 19+ hour ago (432+ words) The company named BoyNextDoor as global brand ambassadors as it works on an Asia-Pacific rollout of its Bouncy Tee line. Under Armour’s BoyNextDoor partnership debuts with a group campaign film. The promotion will also feature individual films and visuals featuring…...
Bed Bath & Beyond Inc. changes corporate name again, relocates headquarters
4+ day, 18+ hour ago (517+ words) The rebrand to Neighborhood Intelligence underscores the company’s ambitions to move beyond retail and into home services. The corporate name change and headquarters relocation mark the latest moves from the company to establish the next era of Bed Bath & Beyond....
Barbie is ready to be a ‘fashion icon’
4+ day, 19+ hour ago (307+ words) While Mattel is entering a new chapter with the doll, it swung to a net loss in Q2. Mattel has big plans for Barbie. The company is entering a “new chapter” with the doll, with an eye for returning the brand…...
As the holidays near, two-thirds of shoppers are using AI
5+ day, 19+ hour ago (334+ words) Consumers are looking to AI this holiday season to sift through products and search for bargains, according to Attentive. Consumers are not only beginning their holiday shopping early this year, but they’re relying on AI to make their purchasing decisions....