Market News

Shoe Carnival Buys Shoe Station, Expects to Operate 400+ Stores by End of 2022

Shoe Carnival has made the first acquisition in its 43-year history with the purchase of family-owned shoe retailer Shoe Station for $67…

Inditex Appoints Founders’ Daughter as Chair, Names New CEO

Marta Ortega Pérez has been named Chairwoman of Inditex Group — parent company of Zara, Pull&Bear and Massimo Dutti — and Óscar…

Reports: Peloton, Lululemon Duke it Out Over Exercise Apparel

Apparel brand Lululemon has filed a patent lawsuit against Peloton in an escalating legal battle over the exercise bike brand’s new eponymous…

Amazon Remains Cheapest Place to Shop Even as Inflation Drives up Prices, but Walmart’s Closing in

Supply chain snarls, delivery delays and inflation just might make the 2021 holiday shopping season one of the most expensive and logistically…

$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. With this…

Away Adds 3 Retail Vets to Fuel ‘Next Stage of Growth’

DTC luggage brand Away has bolstered its leadership team with three C-suite hires, following the April 2021 appointment of Co-founder Jen Rubio…

MINISO Sets Sights On U.S. Store Growth

Editor’s note: This story has been updated to reflect shifts in MINISO’s strategic goals and store opening plans. Lifestyle retailer MINISO has…

American Eagle Hedges Against Supply Chain Challenges with $350M Acquisition

As issues in the supply chain continue to make headlines, American Eagle Outfitters (AEO) has bought its second logistics company in less…

Bed Bath & Beyond Teams with Kroger, Adds Marketplace as it Continues to ‘Redefine its Business’

Bed Bath & Beyond has announced two major new initiatives as part of its ongoing transformation strategy — a strategic collaboration with…

Neiman Marcus Group Takes Stake in Reseller Fashionphile, Adds Sustainability Partnerships

As world leaders gather in Glasgow for the COP26 climate change summit, Neiman Marcus Group (NMG) has announced a series of new…

Rent the Runway Stock Dips on First Day of Trading

Rent the Runway joined the growing slate of digital-native retail startups to go public on Oct. 27, listing on the NASDAQ under…

Spanx Acquired by Blackstone, Now Valued at $1.2B

Shapewear brand Spanx has taken its first outside funding 21 years after its founding, with global investment firm Blackstone set to take…

The 2021 Holiday Ecommerce Guide: Key Actions to Boost Success This Peak Season

Boost Productivity by Managing and Mitigating the New Stresses on Store Associates

Digitization of Daily Life Continues in 2021

56% of Consumers Plan to Host (and Grocery Shop for) Holiday Celebrations

The ROI Impact of Intelligent Labor Management: How Retailers are Empowering Frontline Employees

JAN