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06

‘Rediscovered’ Andy Warhol Painting Inspires Limited-Edition Absolut Vodka

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Swedish vodka brand Absolut has unveiled a limited-edition bottle based on an artwork by Andy Warhol that is currently being sold exclusively in the travel retail channel. It comes almost 40 years after the initial collaboration between…

Tuesday, Jul 2

17

Tractor Supply Cancels DEI And Returns To Its Fundamental Retail Mission

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Tractor Supply cancels its DEI initiatives and realigns ESG to the priorities of its core customer base, igniting furor among some and praise among others.

13

IKEA Confirms Huge Plans For New York In Boost To Fifth Avenue

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In its biggest U.S. move yet, IKEA is to open an urban store in the heart of New York as it continues to focus on urban centers for growth in the U.S. and Europe.

Monday, Jul 1

21

After Billions In Losses, Walgreens Doesn’t Want To Own VillageMD

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Walgreens is looking to reduce its majority investment in the doctor-staffed clinic operator VillageMD after billions of dollars in losses.

17

Tractor Supply Company Plows Into Controversy Over DEI Commitments

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After criticism of its DEI programs, Tractor Supply Company has infuriated pro-rights advocates as it becomes the latest retailer to get caught in the political divide.

HOKA Unveils New Campaign Post NYC Flagship Opening

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HOKA launches a new chapter with its global campaign, "FLY HUMAN FLY," encapsulates the mantra "We Are All Born to Fly."

15

Inflation Hints At Easing And Back-To-School Looks Set To Boom

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The best retail innovation this week was a bark park, and everything else that happened was decidedly not. But we can hold out hope for the fall.

14

As Walgreens Closes Stores, Turnaround May Take ‘Quarters, Not Months’

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Walgreens CEO says a turnaround of the drugstore giant’s U.S. retail pharmacy business could take several “quarters, not months.”

07

Nike Prays For A Paris Olympics Win, After Down Quarter And Class-Action Lawsuit

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Nike ended June with its worst week on Wall Street in over 20 years after reporting 4Q sales down and being hit with a class-action lawsuit claiming securities fraud.

06

Only 11 Brands Selected For Shilla’s New Liquor Store At Incheon Airport

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The liquor store at Incheon is a luxury shopping area where brands have more space to engage with travelers.

Sunday, Jun 30

00

Ace In The Game: Tenniscore Serves Up Business Opportunities For Fashion

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Inspired by the resurgence of classic styles and bolstered by cultural phenomena, Tenniscore is also poised to be a significant trend for this year.

20

Lagardere Strikes Landmark Deal In Cambodia Using Profit-Sharing Model

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The French travel retailer will implement a new business model having won the tender to operate at the new Techo International Airport under a 12-year concession covering duty-free, fashion, food service, and travel essentials.

17

Walmart Did Not Put Digital Shelf Labels On The Map

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When it comes to using automation in retail operations, Walmart has been a leader. They put early weight behind barcodes and RFID. With DSLs, they are late.

15

Trailblazing Change: REI Backs BIPOC Entrepreneurs In Outdoor Apparel

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REI’s Path Ahead Ventures is dedicated to supporting Black, Indigenous, and People of Color (BIPOC) founders who specialize in the outdoor apparel market.

06

First Lindt Airport Boutique Outside Switzerland To Open In Rebounding Singapore Market

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Sweet-toothed passengers will have to wait until March 2025 to experience the new store at Changi Airport in Singapore.

Saturday, Jun 29

09

Big Win For British Online Electrical Retailer AO As Stock Rises 40%

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The 40% gain over a year is a nod from investors that the company’s focus on profit and cash generation is paying off, as it has for rival Curry’s.

Friday, Jun 28

21

Starbucks Is Re-Figuring Its Brand, Not Devaluing It

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Starbucks recently reported a rough quarter and some say its value-oriented moves are damaging the brand, but the new direction Starbucks needs might begin with value.

18

Loewe’s Renaissance: Balancing Heritage With Modern Consumer Culture

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The prestigious Cannes Lions Festival recently saw a historic win for Loewe, the Spanish luxury fashion house, as it claimed the Grand Prix at the inaugural Luxury & Lifestyle Lions.

16

Discount Retail Chains Are On A Roll As Consumers Trade Down

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As inflation lingers, shoppers flock to discounters like TJX Group, while department stores struggle. Consumers keep spending, but the future feels uncertain for many.

As Walmart Closes Clinics, Buyer Emerges For Its Telehealth Business

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Healthcare technology company Fabric is buying Walmart's telehealth business, MeMD, for an undisclosed amount.

15

The Quiet Power Of Pinterest: Is It The Retailer’s Best-Kept Social Secret?

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With 498 million monthly active users as of January 2024, Pinterest isn’t just about finding recipes and home decor ideas—it is becoming a significant player in the retail space.

Thursday, Jun 27

20

How Abercrombie & Fitch Engineered Its Dramatic Turnaround And Will Keep Moving Forward

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Abercrombie & Fitch generated 16% growth last year reaching $4.3 billion and in 1Q24 it did better, up 22% The company has a plan is reach $5 billion in 2025.

16

The Beauty Business Keeps Growing But It’s Missing A Huge Opportunity

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Traditional beauty product marketing strategies work really well. But there's a big opportunity not being addressed by the beauty industry.

14

Walgreens Turns $344 Million Profit As CEO Asks Patience On Turnaround

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Walgreens reported a $344 million third quarter profit as chief executive Tim Wentworth asked for patience for his turnaround plan for the iconic pharmacy chain.

13

Amazon Folding ‘Clinic’ Brand Telehealth Business Into One Medical

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Amazon is folding its Amazon Clinic brand telehealth service into its One Medical doctor-staffed clinic and virtual care business to simplify its offerings for patients.

Wednesday, Jun 26

21

Why Digital-Era Brands Are Opening Brick-And-Mortar Stores

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Fashion brands like Dolce Vita, Skims, and Revolve have begun opening retail locations in recognition of brick-and-mortar retail's sustained relevance and profitability.

20

Former Director Ordered To Pay $63 Million Over BHS Chain’s Collapse

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The controversial collapse of department store chain BHS rocked the U.K. in 2016 and directors have been asked to pay back millions of dollars after a court hearing.

16

Non-Diabetic Use Of GLP-1 Drugs Like Ozempic For Weight Loss Affecting Retail Sizing Curves

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Diabetes drugs Ozempic and Wegovy are being used for weight loss, and are having an impact on sales of smaller and larger sizes, according to a new study.

15

Online Shoppers Splurging On Cosmetics, Driving $16 Billion In Sales

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Consumers are trading up to expensive lipsticks and fragrances, while being price conscious about other spending, Adobe reports.

13

Walmart Is Finally Capitalizing On Amazon And Temu’s China Playbook

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Thousands of new China-based vendors are selling each month on Walmart.com, part of the company’s strategy to chase after competition from Amazon and now Temu.