Management

Saks Global received court approval for its bankruptcy restructuring on Friday, clearing the luxury ​retailer to exit from Chapter 11 with a smaller store footprint ‌and lower debt. U.S. Bankruptcy Judge Alfredo Perez approved the company's Chapter 11 plan at a court hearing in Houston, saying the company had done an "extraordinary" job in stabilizing…

International retailers have spent the past year navigating a trade environment defined by constant change. Tariffs shifted with little warning. Customs requirements tightened across major markets. Carrier conditions fluctuated week to week, forcing e-commerce teams to adapt in real time while still meeting customer expectations for fast, reliable delivery. Many brands anticipated some level of…

A new wave of artificial intelligence-powered shopping tools is changing how consumers buy online and creating fresh legal exposure for retail brands. In what the industry calls “agentic commerce,” AI assistants do not merely recommend products; they autonomously search, compare, and complete purchases on a consumer’s behalf, often without the consumer ever visiting the retailer’s…

lululemon is ending its feud with founder Chip Wilson. The athletic apparel company entered into an agreement with Wilson on Wednesday that ended a messy proxy contest the founder started late last year as its largest individual shareholder. Under terms of the deal, luluelmon has agreed to appoint two of Wilson’s nominees — former On co-CEO…

Estée Lauder has decided to terminate a potential merger with Spanish beauty group Puig, reports CNBC. The American beauty giant, which owns the Clinique and Tom Ford Beauty brands, said in March that it was in discussions with Puig, the owner of Charlotte Tilbury and Jean Paul Gaultier, to combine the companies. However, Estée Lauder…

A group of activist investors is urging Target shareholders to vote against the re-election of Executive Chair Brian Cornell and Lead Independent Director Christine Leahy at the retailer’s annual shareholder meeting in June, reports Yahoo Finance. Among the reasons cited is Leahy’s oversight of the decision to retain former CEO Cornell as executive chair and…

Online fast-fashion retailer Shein is said to be acquiring Everlane, the apparel brand known for its sustainability ethos, in a deal valuing the company at $100 million, according to a report by Puck News. While the transaction has not been confirmed by either party yet, Puck reported that majority owner L Catterton’s board of directors approved the sale this past…

Walmart has eliminated 1,000 roles as the world’s largest retailer simplifies its operating structure, a ⁠source familiar with the matter told Reuters. Under new CEO John Furner ​and a ​reshaped leadership team, the ​retailer is doubling down on a tech-focused strategy as it woos higher-income shoppers and builds its marketplace and delivery businesses. Walmart has…

Access to capital has always been one of the biggest constraints for e-commerce businesses. What’s changed in recent years is not just the availability of funding, but how that capital is structured and how closely it aligns with the realities of running a modern online business. Today’s e-commerce merchants don’t just need funding, they need…

eBay on Tuesday rejected GameStop’s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive,” reports CNBC. GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. eBay is much larger than the video game retailer, with…