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.”
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.
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.
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.
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.
Retail Dive
Tapestry patents AI data analytics tech
The Coach owner said it is trimming the time it takes to analyze data through its newly patented AI technology.
Retail Dive
Ikea franchisor to cut 850 jobs
Inter Ikea Group said the reduction in workforce is necessary as it focuses on increasing sales growth, reducing prices and boosting traffic across channels.
Retail Dive
Former Calvin Klein exec will be Banana Republic’s CEO
It’s a homecoming for Donald Kohler, who began his career at the Gap brand, where he spent a decade in various merchandising roles.
Retail Dive
At Home CEO to retire after leading it through bankruptcy
Chief Executive Officer Brad Weston will transition to an advisory role and the home retailer has initiated a search for his replacement.
Retail Dive
Article reveals plans for its first US retail stores
The Canada-based DTC furniture company is opening a pair of brick-and-mortar locations in Washington and California to better serve its biggest customer base.