Target Corp
The path to profitability: Why some struggling resale names could triumph in the long-run
Resale is becoming an increasingly popular option for socially conscious consumers, but stocks in the sector have plummeted post-IPO. Source
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Victoria’s Secret is taking its beauty business to Amazon in its first-ever wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Secret is taking its beauty business to Amazon, marking the lingerie company’s first major tie-up with another retailer to sell its goods. With Friday’s launch, about 120 different products including branded […]
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Walmart unveils activewear line with fashion and fitness couple Michelle Smith and Stacey Griffith
Fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith are debuting their activewear line, Love & Sports, at Walmart. The line is designed to be fashion-forward, with vibrant colors and unique fabrics. Walmart Over the past two years, fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith have touched dozens of fabrics, spitballed brand names […]
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Bed Bath & Beyond stock jumps on report company received bids for Buybuy Baby unit
A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath & Beyond’s shares have jumped on news that the company is considering offers to buy its BuyBuy Baby business. The news was reported by The […]
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American Eagle is pitching a ‘frenemey network’ of vertical logistics to its retail peers — and it’s paying off
Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018. Source: Julie Stapen Photography American Eagle wants to be more like Amazon. Not to get in the business of selling everything from shoes to pet food to toilet paper. But to master a business function that became critical […]
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UBS expects 50,000 store closures in the U.S. over the next 5 years after pandemic pause
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens retailers filing for bankruptcy, which emptied out shopping malls and left vacancies scattered along the streets major markets including New York City. The aftermath, though, was a temporary relief from closures, as companies took the chance in 2020 to quickly […]
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Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter
Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares fell more than 10% in premarket trading, as investors weighed the news. CEO Mark Tritton said out-of-stock merchandise caused the company to miss out […]
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year. Source
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How Amazon plans to fix its massive returns problem
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 […]
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Target tiptoes back into resale with new ThredUp deal, as it makes sustainability push
Target ThredUp website Source: Target Target is tiptoeing back into secondhand sales through a deal with resale company, ThredUp. The big-box retailer confirmed Friday that it launched a page on ThredUp’s website in late March that includes listings of women’s and kids’ apparel, along with accessories. Some items are from Target’s private labels, such as […]
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