That Cool New Bookstore? It’s a Barnes & Noble.
Barnes & Noble used to be the book industry’s villain. Its new CEO wants to make it more like a...
Specialty Retailing
Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link
The Supermarket Aisle Where Prices Are Still Soaring
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Auto Sales Defy Gloomy Forecasts
The U.S. auto industry is expected to have notched a 12%-to-14% rise in new vehicle sales for the first half...
Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
WSJ News Exclusive | Scammers Target Stores With Bomb Threats, Seeking Bitcoin and Gift Cards
Kroger, Walmart and other retailers report anonymous threats, prompting law-enforcement investigations. Source link
Ticketmaster, SeatGeek to Show Full Ticket Prices Up Front as Biden Targets ‘Junk Fees’
Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying...
Stitch Fix Taps Former Macy’s, Walmart Exec as CEO
Matt Baer will lead the fashion company as it cuts costs, alters operations. Source link
Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets. Source link
GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer. Source link
The Global Brands Coming to a Shopping Mall Near You
American consumers have long been renowned for their spending power. Now global retailers want a bigger slice of the action....
Kohl’s, Costco, Lowe’s Sales Sluggish as Shoppers Pull Back
Consumer wariness constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma. Source link
Americans Curb Spending on Home Improvements
Home Depot warned that its annual sales will fall for first time since 2009. The company said demand for home-improvement...
Peloton Recalls 2.2 Million Bikes, Customers Told to Immediately Stop Using Them
The Consumer Product Safety Commission said people should immediately stop using the bikes. Source link
Gap to Conduct Layoffs, Cutting 1,800 Corporate Jobs
The cuts, which are expected to result in $300 million in annualized savings, are happening mainly at the retailer’s San...
Bed Bath & Beyond Files for Bankruptcy
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its...
Americans to Be Barred From Buying Ozempic in British Columbia
Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose...
A Supermarket Megamerger Will Redefine What You Buy at the Grocery Store
Kroger and Albertsons want to merge in a $20 billion deal. If antitrust regulators approve, the definition of a grocery...
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
Macy’s, Best Buy Sales Decline, Reflecting Shopper Pullback
Macy’s said its sales were down 4.6% in the fourth quarter, and Best Buy said its U.S. sales for the...
