Foot Locker shifting vendor mix: less Nike, more DTC; opening more off-mall storesFoot Locker expects its revenue to fall this year as it expects it will no longer be able to sell as many products from its top vendor, Nike. NRF stresses urgency with West Coast port contract negotiationsThe National Retail Federation is hoping to head off a potential future threat to the supply chain. Authentic Brands Group acquires majority stake in David Beckham brand Authentic Brands Group is adding another brand to its ever-expanding portfolio. Pet Supplies Plus acquires pet wash, grooming company Pet Supplies Plus is growing its footprint and offerings via an acquisition. Wayfair swings to loss in Q4 as sales fall Wayfair Inc. reported disappointing fourth-quarter revenue and earnings and a decline in active customers. Bath & Body Works CEO to step down; Q4 sales rise 11% In a move that caught the industry by surprise, the chief executive of Bath & Body Works is leaving in May. Aaron’s to acquire appliance/electronics retailer BrandsMart BrandsMart customers will soon have a new option for purchasing their appliances and computers. Levi’s saves labor with robots A leading denim brand is shifting valuable labor resources from mundane tasks to higher-value initiatives with robotic automation. Michaels connects advertisers to customers A leading arts and crafts retailer in North America is opening its customer base to targeted third-party ads. Allbirds loss widens as sales jump 23%; to begin wholesaling Higher expenses, including logistics and store opening costs, weighed on Allbirds’ profit in the first quarter as it continued to expand its physical footprint. First Previous 411 412 413 414 415 Next Last
