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Latest business news covering the retail industry.
Latest business news covering the retail industry.
News
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Placer.ai: Mall traffic drops for the fourth straight month
In May, shopper visits fell off by 12% at indoor malls and 11% at outlet centers.
Primark to open at Arundel Mills in Hanover, Md.
Primark is adding another state to its U.S. footprint.
News
Report: Bidders reportedly interested in BuyBuy Baby
BuyBuy Baby may not go down with the ship.
News
Toys"R"Us set to return to UK retail scene
The brick-and-mortar comeback of Toys"R"Us continues.
News
Five Below on track to open 200-plus stores; convert 400 stores to new format
Five Below is continuing its aggressive expansion even as its customers face “multiple macro headwinds.
News
NRF: Most consumers think retail crime is up
Retailers aren’t the only ones who are concerned about growing retail theft.
News
Midwest grocery retailer Strack & Van Til optimizes fresh food
Strack & Van Til is automating manual processes for fresh food operations, including produce, meat, deli, and dairy.
News
Gopuff extends retail media network beyond CPG advertisers
Gopuff is entering a new partnership to enable brands across multiple verticals to target its shoppers with ads.
News
Walmart pilots two new in-store ad formats
Advertisers participating in the Walmart Connect retail media network will have two new options to target customers in stores.
News
Generative AI – not just for chatbots anymore
Retailers are rapidly finding uses for generative artificial intelligence (AI) that go beyond customer service chatbots.
FINANCE
Lululemon Q1 sales surge 24%; raises full-year outlook
Lululemon Athletica Inc. maintained momentum during its first quarter, reporting better-than-expected sales and earnings.
REAL ESTATE
It’s 87 degrees in Minnesota, and Mall of America is hot for summer
MOA’s Summer Sweepstakes runs from now until the end of August
News
Walmart hikes wages for thousands of pharmacists and opticians
Walmart is raising wages for two groups of employees as it continues to expand in health care in a still-competitive job market.
News
Saks Fifth Avenue opens styling suites in hotels, resorts
Saks Fifth Avenue is bringing its Fifth Avenue Club luxury personal shopping and styling service to new venues.
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Latest business news covering the retail industry.