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Weekender: Shopify reports $1.2B net loss, lays off 10% of its workforce

Saturday, July 30, 2022

Signup | Forward Retail Dive Weekender July​ 30,​ 2022 | A roundup of this week's most read stories TRENDLINE Key Trends in the Direct-to-Consumer Space The DC landscape has shifted dramatically in

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

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