Weekender: Shopify reports $1.2B net loss, lays off 10% of its workforce
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July 29 - Olympia Sports shutters all stores | Retailers advocate for marriage equality
Friday, July 29, 2022
Amazon leans on non-retail business as e-commerce sales fall for the second straight quarter; Macy's, Nike, Target call on Senate to pass the Respect for Marriage Act; Olympia Sports is shutting
July 28 - Best Buy the latest to slash guidance | Saks Off 5th teams with Rent the Runway
Thursday, July 28, 2022
Best Buy the latest to warn of sales, profit declines; Saks Off 5th partners with Rent the Runway; Target to open 3 new sortation centers in 'stores-as-hubs' push; Gap reaffirms inclusivity
July 27 - Shopify reports $1.2B net loss amid layoffs | Adidas cuts outlook
Wednesday, July 27, 2022
Shopify reports $1.2B net loss, lays off 10% of its workforce; Revlon gets court OK on $15.4M bonus plan for 'critical' employees; Adidas slashes expectations amid slow recovery in Greater
July 26 - Walmart cuts profit outlook | Glossier heads to Sephora
Tuesday, July 26, 2022
Walmart warns that profits are tanking as consumers leave clothes on the rack; Glossier enters wholesale with Sephora deal; Best Buy pilots a small-format, digitally focused store; Glossier's fifth
July 25 - Parade lands in Urban Outfitters | Eddie Bauer launches resale
Monday, July 25, 2022
Clinique Lab launches at Macy's in NYC; Urban Outfitters to bring Parade into select stores; Pottery Barn launches accessible home collection; Eddie Bauer introduces resale option for used apparel,
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