Bath & Body Works CEO: ‘We are in the early stages’ of transformation
The retailer reported that Q1 net sales dipped 3% year over year. Meanwhile, CFO Eva Boratto will step down from her role in June.
The retailer reported that Q1 net sales dipped 3% year over year. Meanwhile, CFO Eva Boratto will step down from her role in June.
The Foot Locker business posted its first positive comps since late 2024 and the company raised guidance for both banners.
Two of Wilson’s board nominees will join after all, and he has agreed to hold off on further agitation for the next 18 months or so.
The retailers are investing in ways to court beauty consumers away from specialty retailers, trying new staffing models and remixing the merchandising assortment.
"Same principles, but a new take. And this time: no venture capital, no private equity," Michael Preysman writes on the brand’s site, which for now is just collecting emails.
Shoppers can add items to their cart across merchants from Search, Gemini, YouTube and Gmail.
The retailer is aiming to build relationships with its DIY customers through AI-enhanced omnichannel shopping, associate-led services and loyalty program options.
The company sees renewed merit in running its namesake and Shoe Station brands as independent components of its portfolio.
The retailer has made efforts to trim its product mix over the last two years as part of a more disciplined inventory management strategy.
The luxury giant expects to achieve margins and growth that department stores haven’t seen in years.
The average viral trend lasts just five to 10 days before attention shifts. And with 42% of Gen Z consumers in the U.S. discovering new products on TikTok, the need for speed has never been more critical.
Following a “pronounced decline” in unit volume, CEO Tarang Amin said the company was testing adjustments to its tariff-driven strategy.