With the holiday shopping rush approaching, smaller retailers are facing an unpleasant, tariff-related choice. They can either pay high levies, or find new suppliers at an even steeper cost, Reuters reported Wednesday (Nov. 26). Among these retailers is Matt Hassett, founder of New York-based sleep wellness brand Loftie, which...
Watch more: Where Magic Meets Logic: How Tapestry Is Redefining Retail With Data and AI “It is not linear anymore,” said Tapestry’s Global Head of Data and Analytics Technology Fabio Luzzi. That shift — from slow, sequential decision-making to real-time, data-driven action — is the...
Walmart is reportedly considering placing ads in its artificial intelligence (AI) shopping assistant, Sparky. The retailer tested a potential ad format from September to early November and is now considering how to proceed, the Wall Street Journal reported Tuesday (Nov. 25), citing a Walmart sales...
Sellers of luxury goods have reportedly found TikTok Shop to be a good place to reach buyers. Handbags, limited-edition sneakers and watches are among the luxury goods that are selling on the platform, in some cases for thousands of dollars, Bloomberg reported Tuesday (Nov. 25)....
U.S. Census Bureau data on consumer spending is flowing again after the government shutdown, and the latest numbers give a clearer picture of how households in the United States are faring as 2026 approaches. Even though the figures are backward-looking, as they are two months...
Watch more: Inside the Next Chapter of Brand Building at TOMS Some brands become iconic, embedding themselves into culture, closets and conversations. But even the most recognizable names eventually reach a moment when they must refresh, reintroduce themselves and reclaim their place in a market...
Amazon announced actions taken against three groups of counterfeiters operating on its platform. In one action, the company’s Counterfeit Crimes Unit (CCU) filed a lawsuit targeting what it called a “massive” trademark fraud scheme, Amazon said in a Monday (Nov. 24) update. The company’s legal...
Amazon has announced a multibillion-dollar investment in expanding artificial intelligence (AI) and supercomputing for government agencies. The project, announced Monday (Nov. 24) will see Amazon Web Services (AWS) invest at least $50 billion as it works to build and deploy what it said is the...
Kohl’s interim CEO Michael Bender is now officially the retailer’s CEO. The company announced the change Monday (Nov. 24), nearly seven months after picking Bender to fill-in after the company fired former CEO Ashley Buchanan. Kohl’s said it worked with a third-party firm and conducted...