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Next year is already looking rough for retail store closures
Several retail chains have announced planned reductions in store numbers for 2025. If the past is a…
Dominick Reuter
What Trump's win means for retail giants like Walmart, Target, and Costco
With Trump, tariffs are likely to be a headache, tax cuts could be a tailwind, and an immigration c…
Dominick Reuter,Nora Redmond
Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO
Stuart Rose, boss of UK supermarket chain Asda, says working from home isn't a "satisfactory" way o…
Polly Thompson
America's absurd war on 'organized retail crime'
Target and CVS call them criminal masterminds. Most are homeless or mentally ill.
Amy Martyn
It's a tough time in retail — and CEO heads keep rolling
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and c…
Mary Hanbury
How Prada is beating the odds and bucking the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …
Madeline Berg
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…
Dominick Reuter
Retailers are highlighting two very different realities emerging among squeezed US shoppers
While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…
Alex Bitter
'Strong' Walmart results come as a relief for the retail sector
Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…
Grace Dean
Even retail's biggest comeback story isn't safe from economic worries
Abercrombie & Fitch's stock fell despite positive earnings after its CEO warned of economic uncerta…
Grace Eliza Goodwin
Costco, Starbucks, and other retailers double down on loyalty programs to win over thrifty Americans
As Americans get thrifty, retailers are turning to the tried-and-true strategy of loyalty programs …
Dominick Reuter,Alex Bitter
These are the 5 luxury items China's Gen Z is going nuts for, a retail expert says
A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet…
Aditi Bharade
Why founders of some small luxury brands are eyeing exits
Independent luxury brands, pressured by market downturns, are eyeing consolidation or outside inves…
Maria Noyen
DoorDash is delivering for Lowe's, Ulta, and other retailers, and it's making UPS and FedEx nervous
Gig delivery services like DoorDash are growing the list of non-food retailers they work with, crea…
Alex Bitter
This Starbucks exec quit to launch a rum brand. These 3 strategies helped him succeed — and attract investors like Howard Schultz.
Marc-Kwesi Farrell spent three years as a Starbucks VP. He left to launch his own rum brand, applyi…
Maria Noyen
Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promised
As America's grocery king, Walmart sources a high share of its products from the US, while Target r…
Dominick Reuter
A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
Labubu, a furry plushie with an unsettling grin and serrated teeth, is all the rage in Asia.
Aditi Bharade,Erin Liam
LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.
LVMH gave clients "once-in-a-lifetime access" and hosted high-profile events attended by fashion an…
Lian Kit Wee
Adults are buying more and more kids' toys for themselves in a quest for nostalgia and escape
While overall toy sales are in decline, sales driven by nostalgic adults are on the rise, represent…
Joshua Nelken-Zitser
Home Depot says shoplifting challenges aren't getting any easier
Home Depot's CFO said investments to combat retail theft are "paying off" but the operating environ…