Retail Dive
GameStop discloses 10% eBay stake as it pushes for a deal
That’s roughly double the amount GameStop owned in May, when the company made its initial $56 billion offer to acquire the marketplace.
Retail Dive
Reformation targets $1B valuation with IPO
The DTC brand's offering includes 14 million shares of its common stock with an expected price between $15 and $17.
Topics: CPG
Entities: CPG
Retail Dive
Lord & Taylor revives private label strategy
The Heritage Collection is being sold on the retailer’s website, and could end up at off-price retailers and global boutiques via licensing or wholesale.
Retail Dive
+ 1 source (Retail Dive and Grocery Dive)
Instacart acquires shelf-scanning technology startup
The purchase of Arpalus gives it a system that allows workers to record product levels on store shelves using a smartphone app.
Retail Dive
Gap makes a fine mesh out of its ‘Happy Stripe’ remake
A polyester take on a vintage sweater design got plenty of backlash on social media, but the stumble won’t likely stall the brand’s comeback.
Topics: CPG
Entities: CPG
Retail Dive
Penny’s end poses rounding challenge
Retailers are pressing for passage of a bill to enact rounding standards as cash-handling businesses grapple with the cent’s gradual demise.
Retail Dive
AI is creating ecommerce’s next optimization challenge: The intent gap
AI is changing how shoppers arrive. Is your checkout keeping up?
Retail Dive
From season to sentiment: How the pace of consumer trends reshapes retail planning
Consumer trends are more complex than seasons. Here's how retailers are tracking them.
Retail Dive
The Weekly Closeout: RadioShack eyes a comeback, Wayfair and QVC kick off the holidays
The electronics company hired a managing director for RadioShack USA, while the online retailers roll out July holiday-themed sales events.
Retail Dive
Back-to-school spending forecast to reach record highs
Nearly two-thirds of consumers have already started shopping for the season, but affordability is a major concern, according to a new report.
Retail Dive
Kate Spade focused on ‘reigniting the magic’ with new chief marketer
L'Oréal veteran Allison Badea has been tapped for the role as the brand faces falling sales and a long turnaround road.
Topics: CPG
Entities: CPG
Retail Dive
Ulta Beauty names Domino’s veteran as CTO
Kelly Garcia, who has been on the board since 2022, joins the retailer in the midst of a tech-driven strategy to drive growth and personalization.