Retail Dive
Downtown Dallas Neiman Marcus to close for good, after all
Saks Global decided to close the century-old store over a year ago, but city leaders waged a war of words and won a reprieve.
Retail Dive
Steph Curry trades Under Armour partnership for a deal with Li-Ning
The NBA star broke ties with his former partner in November and will now focus on growing the Curry Brand under a Chinese sportswear company.
Retail Dive
Macy’s revamped half its stores and customers followed
As it improves merchandising and customer experience at 200-plus stores, some analysts now see the department store taking share from weaker rivals.
Retail Dive
Ulta’s prestige beauty shines despite consumer pressure
The retailer's sales jumped 11% in Q1 with the help of higher-end offerings. Meanwhile, the company is plotting an experiential store in New York City.
Retail Dive
+ 1 source
Target’s ‘food-forward’ strategy includes supply chain improvements, too
The retailer’s newest and largest food facility to date replenishes the nearly 130 stores it serves up to two days faster than before.
Retail Dive
Costco’s personalization effort drives $500M in digital sales
Personalized product recommendation carousels drive three times higher digital conversion rates than usual, CFO Gary Millerchip said.
Retail Dive
Inside Belk’s latest collaboration with Sewing Down South
The third iteration of their partnership includes an expansion into jewelry and the return of a pop-up store in Charleston, South Carolina.
Retail Dive
Victoria’s Secret expects sales to top $7B this year
The lingerie giant’s “promo detox” meant more full-price selling in Q1, and both the namesake and Pink brands took market share.
Retail Dive
Amazon offers AI agent tech to other retailers
The online retail behemoth wants to narrow the time it takes for retailers to launch AI shopping assistants, starting with Kate Spade.
Retail Dive
Amazon reveals Prime Day dates
The e-commerce company moved the event to June, and is encouraging shoppers to use its Alexa for Shopping AI tech.
Retail Dive
+ 1 source
Mass retailers draw level with supermarkets as primary grocery destinations
People have become just as likely to cite a retailer like Walmart or Target as a supermarket when asked where they spend most of their food budget, according to data from FMI.
Retail Dive
What Mattress Firm gained from contactless delivery
The shipping option has added customer flexibility and freed up drivers’ time despite early hurdles, executives said.