The Wall Street Journal reported this week that Walmart keeps pushing into fashion with a new clothing brand, the latest step in the retail giant’s years-long effort to make itself a destination for style, not just groceries and household goods. Walmart has been chasing this for a while: pop-up shops in SoHo, limited collections with […]
Here is a small piece of fashion news that says a lot about where retail is heading: Karen Millen, the womenswear brand that closed its last physical stores seven years ago and went online-only, is returning to bricks-and-mortar. The brand is planning a new flagship on London’s Oxford Street, with more locations to follow. After […]
Walmart just handed the retail world its loudest signal yet that the traditional store model is running out of road. In its latest quarterly report, U.S. comparable sales — the number every retailer watches — grew at the slowest pace in six years. The company trimmed its expectations, and its shares dropped as much as […]
50 Cent just brought back one of the most nostalgic sneakers of the 2000s — the G-Unit x Reebok G6 — and it sold out almost instantly. If you missed the drop (like I did), the resale market is already doing its thing, with pairs going for way over retail. But there’s a smarter way […]
Here is a sign of the times from the retail earnings season: Ross Stores raised its annual profit forecast again this week, on the back of surging demand for discounted apparel. Sales came in better than expected, and the company’s shares jumped as analysts rushed to update their models. The message from the numbers is […]
Here is a headline from this week that captures the strange mood of the consumer economy: “Americans have more money. They’re done eating and shopping at places that suck.” CNN published it on Wednesday, and it resonated because it names something everyone has felt — household budgets have loosened up, yet the spending is not […]
Here is a number that should interest anyone who has ever clicked “buy now, pay later”: this week, Klarna’s stock plunged around 20 percent after the company trimmed its 2026 guidance, citing weak retail sales in Germany and a wave of executive departures. The market reacted instantly — one of the biggest names in installment […]
Here is a story that should make every shopper pause. This week, a Sainsbury’s store in the UK suspended its AI-powered facial recognition scanning after a customer was wrongly flagged as a shoplifter and publicly challenged in the aisle. The retailer has used the system to track repeat offenders, but this time the technology singled […]
Apple is giving students more time to claim its back-to-school bonus: the company announced this week that its 2026 education promotion, which throws in a free gift card worth up to $150 with select Macs and iPads, is now running through September 24. The extension covers popular models like the MacBook Air, MacBook Pro, and […]
On Friday, the government confirmed what shoppers have been feeling for weeks: Americans pulled back hard in July. Retail sales dropped 0.6 percent last month, the biggest decline in more than a year and the first monthly fall in nine months. The reports landed one after another — the Commerce Department data, the headlines about […]
