Retail Dive
What customers consider when using AI to shop
The vast majority of consumers say it’s important to recognize the seller or merchant and check customer reviews before purchasing, a PSE Consulting survey found.
Retail Dive
PVH names new Americas CEO amid executive shuffle
Adelyn Cheong, president of PVH China, will succeed Donald Kohler, who is leaving to become CEO of Banana Republic.
Retail Dive
The Backroom: What’s really happening at Lululemon?
Senior Editor Cara Salpini joins the podcast to discuss the pushback against the incoming CEO, founder Chip Wilson’s battle with the board and more.
Retail Dive
Walmart warns of price increases due to fuel costs
The retailer expects somewhat higher retail price inflation in Q2 if the fuel shocks from the war in Iran persist. However, Walmart maintained its full-year guidance.
Retail Dive
Lee jeans sold to brand management firm for up to $1B
The denim label is the latest IP to be scooped up by Authentic Brands Group, which is aiming for $100 billion in annual retail sales.
Topics: CPG
Entities: CPG
Retail Dive
Authentic Brands Group has a new CEO, but Jamie Salter is sticking around
Matt Maddox has been president and will take over as chief executive to run day-to-day operations, but will continue to report to Salter.
Retail Dive
AI referrals make shoppers more likely to either return — or never come back
Companies need to quickly justify why the AI recommended their brand, Info-Tech Research Group’s Julie Geller said. “If that validation isn’t obvious, confidence drops fast.”
Topics: CPG
Entities: CPG
Retail Dive
Vans ekes out sliver of growth in the US
The brand’s revenue tumbled globally for the quarter and year, but the sign of recovery at home is “the real story” for VF Corp., analysts said.
Topics: CPG
Entities: CPG
Retail Dive
Lowe’s efforts to win over pros could save it from the home sector’s challenges
The retailer — which saw sales increase 10% in Q1 — is turning to the customer segment as DIY demand remains down.
Retail Dive
Can Target’s small upgrades to carts, bathrooms lead to big wins?
The retailer's efforts to modernize its experience aim to create durable long-term value for a key demographic: busy families.
Entities: Target
Retail Dive
Target hits bullseye with ‘impressive’ earnings
The retailer’s Q1 performance beat expectations and boosted confidence in its turnaround efforts — but it’s still early innings for the multiyear strategy.
Entities: Target
Retail Dive
Michaels boosts party supplies by 60%, opens DIY bars
The crafts retailer is adding more than 600 new items this year as it works to capture market share left behind by Joann and Party City.