Management

Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what’s become a messy digital marketplace and get the region back to growth, the company said Tuesday. Starting next year, Nike’s online footprint will shift primarily to the retailer’s official website and…

Destination XL Group's (DXL) board of directors no longer believes its planned merger with FullBeauty Brands is in the best interests of DXL and its stockholders, reports Yahoo Finance. The company on Monday issued a preliminary proxy statement recommending that stockholders vote against an issuance proposal, which is needed to consummate the merger. DXL cited…

GameStop has nearly doubled its stake in eBay to 9.8 percent, escalating pressure on the online marketplace after its unsolicited takeover proposal was rebuffed earlier this year. According to a regulatory filing with the U.S. Securities and Exchange Commission, GameStop now owns 43.4 million eBay shares after significantly increasing its position over recent weeks. The…

Menswear company Tailored Brands Inc. filed publicly for an initial public offering, the latest step in its return to the public market. The holding company for brands including Men’s Wearhouse and Jos. A. Bank had net income of $44.9 million in the three months ended May 2 on revenue of $681.8 million, compared with net…

Independent retailers increasingly sell through a mix of storefronts, websites, marketplaces and social commerce platforms. While this accelerates revenue, it also spreads operational risks. Many owners struggle to distinguish where physical property risk ends and digital exposure begins, often mistakenly assuming standard policies cover e-commerce or that online marketplaces handle all third-party liability. As inventory…

The launch of Amazon Supply Chain Services reflects a broader shift in retail logistics. More retailers are moving away from fragmented arrangements and toward shared platforms that coordinate freight, warehousing, fulfilment and delivery at scale. For retailers, the platform approach is attractive because it can simplify fragmented fulfilment networks, meet rising delivery expectations, and support…

7-Eleven has sued Nike, accusing the company of copying the convenience store's signature colors for its newest sneaker launch planned on July 11, known as "7-Eleven Day." The convenience store chain filed a lawsuit last week in a federal court in Texas, alleging that the new Air Max 95 sneaker launch features a "confusingly similar imitation of 7-Eleven’s…

Kroger announced Wednesday it will acquire regional supermarket chain Giant Eagle in a $1.65 billion deal, marking the grocery giant's first major acquisition since regulators blocked its proposed $25 billion merger with Albertsons nearly two years ago. The acquisition will strengthen Kroger's presence across several Midwestern and Mid-Atlantic markets as traditional grocery chains compete with Walmart…

Generative artificial intelligence is rapidly changing how advertising gets made. What once required days of model shoots, full video crews, and large creative teams can now be produced faster and at lower cost with AI tools. For retailers, that means quicker creation of digital ads, seasonal campaigns, product imagery, social media content, and even updated…

Saks Global has completed its Chapter 11 restructuring and re-emerged under the name Exemplar Luxury Group (ELG), cutting its total debt by close to 75 percent, reports Yahoo Finance. The company, which operates Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman, said it has entered new ownership with a "strengthened" balance sheet, "sufficient" liquidity, and…