As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott Hill will take over as CEO from John Donahoe on Oct. 13, a move...
Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. And for the last full month of summer, perhaps to beat the heat, consumers stayed in and clicked...
Walmart has introduced its “Nuevolution” line, products that “celebrate visionary creatives shaping culture.” The new initiative was announced Monday (Sept. 16) as Hispanic Heritage Month got underway in the U.S. “The Nuevolution Project is a collection of products that embody the evolving and never-ending vision of Hispanics shaping...
In the face of a tough retail environment, Kohl’s is reshaping its identity to feature its value-driven appeal for the entire family. With sales slipping and consumers tightening their belts, the retailer is doubling down on its promise of affordability, hoping to transform current challenges...
September 17, 2024
Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. And for the last full month of summer, perhaps to beat the heat, consumers stayed in and clicked the buy button. It might be the case that consumers […]
September 13, 2024
As Amazon outstrips Walmart in clothing sales, the latter is using its brick-and-mortar expertise in an attempt to close the gap. The big-box retailer announced Friday (Sept. 6) the launch...
July 22, 2024
T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of consumer spending may end that...
July 16, 2024
A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may...
September 16, 2024
Walmart has introduced its “Nuevolution” line, products that “celebrate visionary creatives shaping culture.” The new initiative was announced Monday (Sept. 16) as Hispanic Heritage Month got underway in the U.S. “The Nuevolution Project is a collection of products that embody the evolving and never-ending vision of Hispanics shaping culture,” the retail giant said on its website. “It is […]
September 11, 2024
Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. Zara Pre-Owned, which lets customers sell, donate or repair secondhand clothing, is set to launch in the U.S. by the...
September 06, 2024
Walmart has launched a traveling tour that will promote the fashion products and services the retailer offers in stores and online. The Walmart Style Tour, which will be held at...
September 05, 2024
Rent the Runway (RTR) is experiencing a pivotal moment as it redefines its growth trajectory through a blend of strategic innovations and operational improvements. Following its second-quarter earnings call Thursday...
