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Tractor Supply to Close 75 Petsense Stores, Trims Guidance After Challenging May Quarter
Tractor Supply's Q2 comparable sales fell 1.5% as May fuel prices and drought hit hard. The company withdrew its long-term financial framework and will open fewer stores than planned in…
News July 24Facebook Launches Standalone App for Marketplace Sellers
The new Seller app has AI listing tools, a unified inbox, inventory management and performance data.
News July 24Adidas Store Foot Traffic Surges During World Cup: Report
Adidas store visits climbed 44.7% year-over-year during the week of June 15, according to data collected by Placer.ai.
News July 23The Sourcing Tool That Works While You Sleep
Every founder who sells a physical product eventually learns how much time sourcing can consume. Comparing suppliers, chasing quotes, negotiating terms, and following up on orders can swallow entire days,…
July 22Retail Rise: Andy Gray, CEO, Journeys Global Retail Group
He turned around a two-year sales slide at Journeys after more than 20 years at Foot Locker, then was promoted to lead two more brands. Andy Gray talks about the…
Features July 23Welcome to Retail’s Everything-Is-Impulse Era. Are You Ready?
It’s 2 p.m. on a Tuesday. A shopper asks her phone for a sunscreen recommendation that won’t irritate her kid’s skin. Her AI answers, she taps once, and the bottle…
Executive Viewpoints July 23Kate Spade New York Appoints Jonathan Saunders to Executive Creative Director
Kate Spade New York has named Jonathan Saunders Executive Creative Director, effective Aug. 26. Saunders, who has 20 years of experience at brands such as Diane Von Furstenburg, Calvin Klein,…
News July 22Target Names Former 7-Eleven CEO to Board of Directors
Target Corporation has appointed Joe DePinto, the former President and CEO of 7-Eleven, to its board of directors. The appointment, effective Aug. 1, is part of Target’s growth strategy under…
News July 22Lilysilk Opens First European Store
Lilysilk, the China-based ecommerce silk retailer, is expanding to Europe with a brick-and-mortar location in Munich, Germany. The store, located in the Oberpollinger department store, features silk bedding and home…
News July 21Michaels Launches ‘Ask Mike’ AI-Powered Shopping Assistant
Since it was released on michaels.com in May, Michaels’ new AI-powered shopping assistant has had nearly 75,000 conversations with customers planning everything from parties to crafting projects. Ask Mike was…
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