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Macy’s Q2 sales disappoint as its stores are slated for closure post steep declines. The department store is preparing for its all-important holiday quarter with a value message that goes beyond discounts, executives said. #Macys retaildive.com/news/macys-sec…

Foot Locker partnered with #Nike and the Jordan brand on a basketball concept at its revamped flagship. The “Home Court” space is the result of a “shared vision” between the athletics retailer and Nike, but it still features other major brands. #FootLocker retaildive.com/news/foot-lock…

Wayfair’s Perigold banner is set to open its first physical store. The move comes about three years after #Wayfair said it would open locations for each of its five brands, which also include Joss & Main and Birch Lane. retaildive.com/news/wayfair-p…

Join us for a live virtual event where editorial teams from Retail Dive, Supply Chain Dive, and Marketing Dive along with industry experts will share insights into consumer behavior in 2024 and its implications for this #HolidaySeason. Sign up today: dive.pub/3T0B8cG

With support of the retail industry, California enacts a package of bills to fight #retailcrime. Gov. Gavin Newsom hopes to blunt the potential of a November voter referendum that he says could undermine the new legislation. retaildive.com/news/retail-in…

Peloton projects a nearly 10% sales decline for the year. CFO Liz Coddington expects “softness” in connected fitness demand in the medium term, but remains optimistic about the category’s growth potential. #Peloton retaildive.com/news/peloton-p…

With new leaders and a new plan will Beyond’s ‘gallery of brands’ succeed? The company is leveraging #BedBathAndBeyond’s deep name recognition and plans to develop a gallery of retail brands ranging from luxury to off-price. retaildive.com/news/bed-bath-…

At #StitchFix, stylists move into the spotlight. In its quest to stem sales declines, the apparel box retailer has overhauled its customer experience model. retaildive.com/news/stitch-fi…

Lady Gaga’s Haus Labs beauty line launched in #Sephora at #Kohls. The department store is continuing to pour resources into its Sephora partnership to draw more customers amid sales declines. retaildive.com/news/lady-gaga…

DTC darling #Bonobos has changed hands several times over the past decade. Does that matter? Here's what lies ahead for Bonobos under new ownership retaildive.com/news/bonobos-d…

Is #VictoriasSecret finally on the upswing? Ahead of welcoming a new CEO, the intimates giant bumped up its expectations for the year and the third quarter, when its Fashion Show returns. retaildive.com/news/victorias…

In pursuit of a takeover, CEO Erik #Nordstrom and his brother, President Pete Nordstrom, have teamed up with other family members as well as retail conglomerate El Puerto de Liverpool. retaildive.com/news/nordstrom…

Rite Aid exited #bankruptcy and is shedding $2B in debt. Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein. #RiteAid retaildive.com/news/rite-aid-…

Walmart expanded its marketplace offerings with a #StockX sneaker deal The big box retailer executive Manish Joneja said the broadened assortment should draw more buyers. #Walmart retaildive.com/news/walmart-m…

BREAKING: Big Lots files for Chapter 11 bankruptcy. This is a developing story. Read more on our website for updates. #BigLots #bankruptcy retaildive.com/news/big-lots-…

Private equity firm F9 Investments swept up LL Flooring, which will stay in business after all. #acquisition retaildive.com/news/private-e…

Here's what goes inside a closing #SamAshMusic store. The family-run company filed for Chapter 11 #bankruptcy in May and the liquidation of its 42 retail stores began. retaildive.com/news/inside-a-…

Walmart kicked off its multicity fashion tour. The retailer will bring its Style Tour to over 40 stops across the U.S. as a way to “shorten the distance between inspiration and commerce.” #Walmart retaildive.com/news/walmart-s…

33% of holiday shoppers plan to spend less this year according to a #Bankrate report. Concerns around high interest rates and #inflation are stressing consumers’ budgets, according to a recent report. retaildive.com/news/holiday-s…

Athletics retailer #UnderArmour plans to close a California distribution center as part of its restructuring plan. The decision to exit one of its primary distribution facilities will cost the an additional $70 million in restructuring charges. retaildive.com/news/under-arm…