Press Release

  1. Channel: Mass

Target to open 2,000th store

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Target will open its 2,000th store this year in Fuquay-Varina, North Carolina, as part of its broader brick-and-mortar expansion strategy, the retailer said in a Thursday press release.  Located near Raleigh, North Carolina, the 148,000-square-foot store “represents the future of Target’s […]
2 min read
0
  1. Trends & External Forces

Is On’s muted guidance the sign of a ‘dwindling’ brand?

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Activewear brand On crossed a new threshold in 2025, with annual net sales surpassing 3 billion Swiss francs ($3.8 billion) for the first time. The retailer saw net sales growth of 30% for the year and reported gross margins of 62.8%, up […]
3 min read
0
  1. Department & Category

7 Eleven Super Bowl Sunday Super Customer Focused

  This is Food‑Fact‑Filled, Data‑Driven Look at How the World’s Largest Convenience Retailer Wins Big With Consumers by Steven Johnson’s the Grocerant Guru’s team at Tacoma, WA based Foodservice Solutions® Super Bowl Sunday and National Pizza Day sit back‑to‑back on the calendar, and 7‑Eleven is treating both like the food‑centric cultural holidays they’ve become. With […]
4 min read
0
  1. Corporate Finance

Inside Pat McGrath Cosmetics’ bankruptcy

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Makeup brand Pat McGrath Cosmetics — commonly known as Pat McGrath Labs and founded by makeup artist Patricia McGrath — filed for Chapter 11 bankruptcy protection, according to a voluntary petition filed Jan. 22 in the Southern District of Florida.  Consumer demand […]
3 min read
0
  1. Technology & Innovation

Best Buy raises full-year guidance as consumers remain ‘resilient’

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Best Buy’s third quarter revenue increased 2.4% year over year to nearly $9.7 billion, per a Tuesday press release. The electronics retailer reported a 43.4% drop in operating income to $198 million for the quarter and net earnings declined 48.7% […]
3 min read
0
  1. Holiday & Events

The Weekly Closeout: Spirit Christmas opens and Revlon develops first Champion fragrance

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about.  From a cheese advent calendar to Bark’s […]
3 min read
0
  1. Channel: Restaurants

A Retrospective on Pizza Hut: The Rise, the Plateau and the Slow Slide

  Founded in 1958, Pizza Hut long symbolized the rise of national pizza chains in the U.S.—but the story is not of a perpetual trajectory upward. Over the decades, Pizza Hut achieved remarkable reach yet simultaneously made major strategic mis-steps that have, by 2025, severely eroded its dominance in the pizza space. Below I chart […]
6 min read
0
  1. Corporate Strategy

Under Armour CFO to exit next year

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Under Armour CFO Dave Bergman, a 21-year veteran of the activewear brand, is leaving the company at the end of Under Armour’s first quarter.Samsonite executive Reza Taleghani will join in February to take on the position and work with Bergman […]
2 min read
0
  1. Department: HBC

Cigna’s Rebate-Free Pharmacy Model: Three Realities Behind Its Latest Push to Pop the Gross-to-Net Bubble

On Monday, Cigna announced that it would be abandoning traditional manufacturer rebates and moving to a new, “rebate-free” approach—essentially a point-of-sale (POS) rebate model paired with a cost-plus pharmacy reimbursement framework. Here’s the press release. Moving manufacturers’ rebates and discounts to the point of dispensing is a big win for patients, who can share in […]
2 min read
0
  1. Operations & Supply Chain

Saks Global Q2 revenue slumps, loss widens amid inventory woes

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Saks Global Q2 revenue fell more than 13% year over year to $1.6 billion, missing the company’s own expectations, the luxury retailer said Thursday. Gross merchandise value edged down to $2 billion from $2.1 billion a year ago. CEO Marc […]
3 min read
0
  1. Department: Consumer Durables

NikeSkims, the next big play for women activewear shoppers, launches Friday

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: After production delays pushed back the launch of NikeSkims earlier this year, the joint venture is now set to debut on Friday, per a company press release. NikeSkims includes seven collections and 58 styles, creating what the brands refer to […]
3 min read
0
  1. Retail Operations

Press Release: Brands Risk Falling Behind as New Report Finds Legacy Organization Structures Block Omnichannel Growth

Brands Risk Falling Behind as New Report Finds Legacy Organization Structures Block Omnichannel Growth New research from the Digital Shelf Institute reveals how outdated silos hold companies back and outlines organization models to drive agility and growth. BOSTON – September 17, 2025 – The Digital Shelf Institute (DSI), a community of manufacturing, retail and digital […]
5 min read
0
  1. Data & Insights

Change.

1. Change sucks. When one has to change one has to unlearn and learn. Twist oneself into new shapes. Make mistakes. Look foolish. Be uncertain. Change is not easy nor good. It sucks. But irrelevance is even worse. 2. Inner Dinosaur Disease ( IDD) All of us suffer from Inner Dinosaur Disease. We ourselves struggle […]
3 min read
0
  1. Channel: Specialty & Other

The Weekly Closeout: Bed Bath & Beyond battles California and Guess to go private

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about.  From Chipotle partnering with Urban Outfitters to […]
5 min read
0
  1. Trends & External Forces

iDen2 and Bhutan NDI Announce Strategic Partnership to Launch Phenix, a Revolutionary End-to-End Digital Identity Solution

Source: iDen2 (EZ Newswire) SAN FRANCISCO, CA — iDen2, a leading digital identity platform provider, and Bhutan NDI, the organization behind Bhutan’s successful national digital identity deployment, today announced a strategic partnership to launch Phenix, an end-to-end digital identity solution that meets all industry standards and future regulatory requirements. The partnership combines innovative technology with […]
4 min read
0
  1. Data & Insights

Allbirds expects to lose some momentum in Q3, lowers full-year guidance

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Allbirds is the latest to disappoint analysts with Q3 guidance: Net revenue in the period is expected to land between $33 million and $38 million. William Blair analysts noted the company also lowered its full-year revenue guidance by nearly 7%. […]
2 min read
0
  1. Technology & Innovation

Topshop taps Cara Delevingne to front relaunch of Topshop.com with go live as standalone site set for next month

Topshop is gearing up to relaunch online, and for its big return it has partnered with model and actress Cara Delevingne, who previously featured in one of the retailer’s campaigns back in 2010. The partnership kicks off with a curated 30-piece edit which will be available exclusively on Topshop.com from 16th August. The long awaited […]
2 min read
0
  1. Data & Insights

Undervalued to unstoppable

Case study Undervalued to unstoppable Why and how women’s football is reshaping global sports Download report Case Study Undervalued to unstoppable Why and how women’s football is reshaping global sports Download report Introduction Tracking the rise of a global sport As one of the world’s biggest supporters of women’s football (soccer), PepsiCo collaborated with Nielsen […]
5 min read
0
  1. Data & Insights

Walmart’s New AI Assistant, ‘Sparky,’ Wants To Help Customers Shop Smarter

Walmart has debuted a new AI assistant, Sparky, designed specifically to help customers shop smarter within their stores. Per a press release, the retailer’s generative AI assistant analyzes reviews, offers recommendations, and helps customers confidently plan, compare, and make purchases. Sparky is multi-modal with the ability to understand text, images, audio, and video. This technology […]
2 min read
0
  1. Shopper & Customer

Klarna Partners With Nift, Offering Gifts Throughout Purchase Cycle to Customers

Buy now, pay later (BNPL) giant Klarna has a new trick up its sleeve, according to a June 12 press release. Klarna has announced a partnership with gifting platform Nift, allowing customers who opt to use the BNPL service to also take advantage of free, or at least heavily discounted, gifts to be offered to […]
2 min read
0
  1. Stores & Formats

Big Lots Bounces Back: 78 More Stores Reopen Under New Leadership

Big Lots has opened upwards of 80 locations as the retailer moves forward under new leadership. According to a press release, the retailer reopened 78 of its previously shuttered locations on Thursday, June 5. This makes 219 reopened stores since coming under the ownership of Variety Wholesalers. The reopened stores are located across Florida, Georgia, Kentucky, […]
2 min read
0
  1. Holiday & Events

Price-Driven Back-to-School Shopping Surge Starts Early for Families

Although the current school year isn’t over yet for all kids, some families are already thinking about the costs associated with their children going back to school in the fall. Amid economic uncertainty, rising prices, and fears of product shortages, many caregivers are rethinking when and what they shop for. Experts say this year’s back-to-school […]
2 min read
0
  1. Media & Marketing

Torrid Shake-Up: Up to 180 Stores Set To Shutter Nationwide

Fashion retailer Torrid is set to close 180 underperforming stores nationwide. Per a report detailing its first quarter 2025 results, Torrid Holdings revealed the shuttering of close to 30% of its stores in 2025. While earlier plans called for shutting down 40 to 50 locations, the retailer is now on track to close up to […]
2 min read
0
  1. Channel: Mass

Walmart Expands Fast, Convenient Drone Delivery to 5 More Cities

Walmart has expanded its drone delivery to five more cities, furthering its efforts to reshape the future of retail. The retailer is continuing to elevate its customer shopping experience with the rapid growth of its drone delivery service. Shoppers in Atlanta, Charlotte, Houston, Orlando, and Tampa can now have their orders delivered in just minutes, […]
2 min read
0
  1. Channel: Home Improvement

Lowe’s Has Just Completed One of Its Biggest Billion-Dollar Acquisitions. Here Are the Details

In a significant strategic move aimed at deepening its hold on the home improvement professional market, Lowe’s has officially completed one of its largest billion-dollar acquisitions, according to a company press release dated June 2. The North Carolina-based retailer announced the acquisition of Artisan Design Group (ADG) for $1.325 billion, marking a significant milestone in […]
3 min read
0
  1. Channel: Mass

Walmart Ramps up Efforts To Win Over First-Time and Loyal Customers

Walmart has ramped up its efforts to attract both first-time and repeat customers by introducing a series of fresh strategies to drive traffic into its physical stores and online. The retailer hosted thousands of employees, store managers, investors, and reporters during its Associates Week event in Bentonville, Arkansas, in early June. The event coincided with […]
2 min read
0
  1. Media & Marketing

Warner Bros. Discovery To Split via Spinoff, Stock Price Rises Over the News

Only a few years after having been formed due to the merger of WarnerMedia and Discovery in 2022, Warner Bros. Discovery is now engaging in a corporate split that would see it divided into two distinct media entities, according to FOX Business. When the dust settles following the split, WBD Streaming & Studios, comprised of […]
2 min read
0
  1. Department: Beverage

Chick-fil-A’s Popular Summer Shake Is Back

One of the most popular shakes in Chick-fil-A‘s repertoire has returned to menus, just in time for summer. Per a company press release, guests nationwide can enjoy the brand’s Peach Milkshake once again. The cool and creamy drink celebrates its 16th year on the eatery’s menu and will be on all menus throughout the warmer […]
2 min read
0
  1. Media & Marketing

Sam’s Club Serves up Huge Value With Member’s Mark Pizza Delivered Fresh for $8.98

Sam’s Club is delivering value to shoppers via its customer-favorite pizza pies. For the first time, the menu item is available for delivery for just $8.98 each. A press release reveals the retailer promises hot pies “fresh from the club. Straight to your door. And coming to all locations by end of May.” Typically, customers […]
2 min read
0
  1. Channel: Restaurants

Pizza Hut’s BOOK IT! App Encourages Reading With Tasty Rewards

Pizza Hut has revamped its BOOK IT! summer reading program, encouraging kids to read in exchange for delicious rewards. For the first time in BOOK IT!’s 40-year history, Pizza Hut now has an app dedicated to the program that encourages students to read. It is currently available in all app stores. Per a press release, […]
2 min read
0

Trending Topics

Editor’s Choice

  1. Trends & External Forces
  2. Shopper & Customer
  3. Technology & Innovation
  4. Trends & External Forces
  5. Associates & Employees
  6. Merchandising
  7. Stores & Formats

Walmart to Expand Digital Shelf Labels Chainwide

Walmart will deploy digital shelf labels (DSLs) chainwide this year, doubling the approximately 2,300 U.S. locations currently using the technology (Walmart U.S. operates more than 4,600 stores). With more than 120,000 items in a typical Walmart store, managing price changes manually requires significant associate hours. Additionally, these DSLs are equipped with LED lights that make […]
Written by

Trending