Best newsletters and posts about The Weekly Closeout tag


9/17/2021 4:54:27 PM

Sept. 17 - Sears to shutter last Illinois location | Boomers drive apparel rebound

Sears to close the last department store in its home state; Baby boomers driving this year's apparel rebound: NPD; Hardest hit: Who is still at risk after last year's retail tribulations?; DTC
10/1/2021 4:44:27 PM

Oct. 1 - Neiman Marcus data breach hits 4.6M | J.C. Penney's post-Sephora plan

Neiman Marcus warns 4.6M customers about data breach; JC Penney to unveil inclusive beauty concept; The Backroom: What do changes at Stitch Fix say about e-commerce?; Walmart expands Free Assembly
10/29/2021 5:04:28 PM

Oct. 29 - Birchbox founder talks acquisition | Amazon net income drops 50%

'We're not trying to leave beauty at all': Birchbox's founder on its acquisition by healthcare firm FemTec; Amazon Q3 retail sales rise only slightly as profits plummet; Inside top DTC
10/22/2021 5:14:29 PM

Oct. 22 - Spanx sells majority stake | Washington Prime Group CEO exits

Washington Prime Group CEO out as bankruptcy winds up; Spanx sells majority stake to Blackstone; Pandemic rebounds: 5 retailers that bounced back in 2021; Amazon launches in-store pickup, local
4/8/2022 5:34:29 PM

April 8 - Walmart courts truckers | Designer Brands aims to double private label sales

As long-running legal feud slogs on, Lampert and Sears Holdings creditors ordered to mediation; Walmart will pay up to $110000 for long-haul drivers; Designer Brands aims to double private label sales;
4/22/2022 4:14:27 PM

April 22 - Rite Aid rejects buyout | Digital Brands creditor wants it to halt expansion

Old Navy chief is out; Digital Brands has ambitious expansion plans. A trade creditor wants them on ice until it is paid.; Rite Aid rejected an unsolicited buyout offer; Amazon seeks to expand reach
4/29/2022 4:54:52 PM

April 29 - Prime Day set for July | Victoria's Secret sells on Amazon

Victoria's Secret and Pink open Amazon storefront to stoke beauty sales; Walmart launches activewear brand Love & Sports; Amazon's e-commerce retail sales fall 3% in Q1 as consumers return
5/27/2022 4:44:27 PM

May 27 - Ulta shrugs off inflation | Another spinoff attempt at Gap?

Could Gap Inc. spin off Athleta?; Ulta shoppers not feeling inflation yet; The 'end to the good times' is here as consumers brace against inflation: S&P; Saks Off 5th unveils tiered loyalty
6/24/2022 5:04:29 PM

June 24 - Retailers brace for consumer spending shift | Nike exits Russia

As consumers spend more on gas and food, a shadow looms over retail; Bed Bath & Beyond launches buy now, pay later option and rewards program; Abercrombie & Fitch Co. paid millions in extra
7/22/2022 5:04:29 PM

July 22 - Yeezy Gap heads to stores | Another Dollar General alum for Dollar Tree

Hasbro, Mattel make gains in tough Q2; Yeezy Gap collection now available at NYC flagship store; Dollar Tree taps new CIO amid C-suite shakeup; Online prestige beauty sales drop 14%: report View online
8/5/2022 4:34:28 PM

Aug. 5 - Amazon snaps up iRobot for $1.7B | Kohl’s downgraded

Amazon to acquire iRobot for $1.7B; Cowen downgrades Kohl's as middle-income shoppers spend less on apparel; Under Armour founder Kevin Plank on what the brand's next CEO needs to do; ThredUp
8/22/2022 3:25:09 AM

Aug. 19 - Mary Dillon named Foot Locker CEO | Layoffs at Wayfair

Wayfair lays off 10% of corporate workforce; Former Ulta chief Mary Dillon's arrival as Foot Locker CEO a 'narrative changer'; Bed Bath & Beyond taps Kirkland & Ellis for debt help:
8/26/2022 4:34:26 PM

Aug. 26 - Ulta raises forecast as sales surge | Second REI store unionizes

Gap Inc. yanks forecast as Old Navy and Athleta stumble in Q2; Ulta dodges inflation woes as sales grow more than 16%; REI employees vote to unionize at Berkeley store; Dollar General adds 436 stores,
9/23/2022 4:34:27 PM

Sept. 23 - Kohl’s defends Michelle Gass | Nordstrom lays off over 200 workers

Nordstrom lays off over 200 workers at supply chain facility; Kohl's board unanimously backs CEO; Online only, Lord & Taylor unveils fall merchandising, new logo; E-commerce apps lose pandemic
9/16/2022 5:04:29 PM

Sept. 16 - Gap, Ye part ways | Court OKs Revlon exec bonuses

Gap concedes its Yeezy partnership is over; Bankrupt Revlon gets court approval for exec bonus plan; Bed Bath & Beyond announces locations of its first wave of closures; Williams-Sonoma names new
10/7/2022 5:04:28 PM

Oct. 7 - Will Adidas drop Yeezy? | Stitch Fix ends inclusive apparel line

Adidas says its Yeezy partnership is 'under review'; Stitch Fix to close factory, cease production of sustainable, size-inclusive private label; Amazon ends field tests for delivery bot Scout;
10/14/2022 4:44:27 PM

Oct. 14 - How Amazon’s Prime sale stacked up | Retail sales up 7% in September

Amazon's fall sales event estimated to have fallen short of Prime Day — while still raking in billions; Retail sales rise more than 7% as consumers keep spending; Levi's sees jump in supplier
10/21/2022 4:54:29 PM

Oct. 21 - Adidas cuts guidance, again | Skechers sues Hermès

Adidas cuts guidance (again) amid inventory pileup; Skechers sues Hermès for patent infringement in a fight over comfort; NYSE sets Revlon delisting in motion; Purple hires new chief marketer View
11/18/2022 7:14:30 PM

Nov. 18 - Amazon signals more layoffs ahead | Gap Inc. swings to profit

Amazon CEO signals more layoffs to come in 2023; Gap Inc. recovers in Q3 despite Yeezy debacle and heavy discounting; New chief Mary Dillon details plans to 'simplify' Foot Locker business,
1/20/2023 6:14:27 PM

Jan. 20 - Nordstrom Rack’s holiday miss | Layoffs at Wayfair,, GameStop

GameStop lays off employees, plans to close Kentucky distribution center; Bed Bath & Beyond receives Nasdaq warning over late 10-Q; expected to lay off 100, half in tech; Wayfair lays off
1/20/2023 4:54:45 AM

Jan. 13 - Olympia Sports’ IP for sale | Dollar General pricing questioned

Restraining order sought against Dollar General over Ohio price discrepancies; Olympia Sports' intellectual property headed to auction; Inflation moderated in December, giving retailers some hope;
1/27/2023 6:14:42 PM

Jan. 27 - Bed Bath & Beyond defaults on loan | Layoffs continue to hit retail

As it inches toward bankruptcy, Bed Bath & Beyond defaults on loan; Hasbro slashes global workforce amid challenging consumer environment; Foot Locker to cut corporate roles, wind down Sidestep
2/3/2023 5:54:35 PM

Feb. 3 - Kohl’s names CEO | Layoffs spike in January

Retail layoffs in January spiked 3225% year over year: report; Kohl's chooses Tom Kingsbury as permanent CEO; Amazon plans further improvements to Prime membership as Q4 sales slip; JC Penney names
1/6/2023 6:24:28 PM

Jan. 6 - Macy’s to close 4 stores | Layoffs hit Everlane

Macy's to shutter 4 full-line stores; Everlane lays off nearly 9% of employees; Shoppers spent record-breaking $211.7B online during 2022 holiday season: report; Morphe closes US stores to focus on
2/10/2023 5:44:28 PM

Feb. 10 - ‘MetaBirkin’ creator plans appeal | Yeezy could cost Adidas $1B in 2023

Adidas issues 'shockingly bad' 2023 guidance after Ye breakup; EBay lays off 500 workers; The Weekly Closeout: Panera debuts baguette bag and Adidas navigates celebrity partner fallout; Online
2/17/2023 6:14:27 PM

Feb. 17 - Party City sheds store leases | Off price poised to accelerate

Smooth sailing ahead for (most) off-price retailers; Party City plans to close 22 stores in bankruptcy; JC Penney, Prabal Gurung partner on apparel collection; Pacsun launches tycoon-based Roblox
2/24/2023 6:14:29 PM

Feb. 24 - Mixed results at Etsy, Ebay | Victoria’s Secret pilots new loyalty program

Victoria's Secret pilots refreshed loyalty program; Amazon joins India's experimental open-source e-commerce network; Etsy climbs, eBay earnings slide in Q4 and '22; Ipsy, BoxyCharm
3/3/2023 6:15:13 PM

March 3 - Nordstrom exits Canada | Layoffs at QVC, HSN

Victoria's Secret will reboot its fashion show this year as turnaround gains traction; In push for growth, Nordstrom bets on Rack, exits Canada; QVC, HSN parent lays off 12% of its workforce; What
12/9/2022 6:14:31 PM

Dec. 9 - Lululemon sales up 28% | Amazon debuts TikTok-like shopping feed

Lululemon touts 'biggest day ever' on Black Friday as sales jump 28%; Amazon rolls out TikTok-like shopping feature; Chewy beats on revenue estimates, swings to a profit in Q3; Amazon pilots