Nike posts disappointing sales, announces layoffs in restructuring; shares drop
Nike's softer results and job cuts come as the sportswear giant works to rebuild its wholesale and product strategy amid a broad slowdown.
cnbc.com · +8 outlets
Holiday retail sales forecast to top $1 trillion for the first time
Bain and Deloitte project record US holiday spending, with inflation and online growth driving the milestone rather than a surge in volumes.
IndexBox · +14 outlets
US consumer confidence falls to a 12-year low on inflation and job anxiety
Weaker sentiment readings land as Fed officials warn inflation may not return to the 2% target until 2028, pressuring discretionary retail demand.
Retaildive · +14 outlets
Walmart rolls out light-up digital shelf labels across all stores
The blinking electronic tags help shoppers and workers locate items, advancing Walmart's broader push into in-store automation and dynamic pricing.
qz.com · +14 outlets
Meta debuts Muse AI agent for small businesses
Meta is extending its AI assistant from consumers to merchants, adding a new channel for small retailers to handle everyday tasks.
Retaildive · +14 outlets
DoorDash overhauls its restaurant operating system to deepen consumer ties
DashOS ties customer data from multiple ordering channels together as the delivery giant pushes further into merchants' core software stack.
Restaurantdive · +1 outlets
Amazon and Walmart race to become merchants' operating system
Both retail giants are expanding tools and AI agents that make them the backbone of third-party sellers' operations, not just places to buy ads.
PYMNTS.com · +10 outlets
US auto sales rise on hybrids and light trucks; GM slips and Stellantis flat in Q3
Toyota, Honda, Hyundai and Kia posted September gains on hybrid and truck demand, while GM's quarterly volume declined and Stellantis held steady.
Automotive News · +14 outlets
Nissan extends US retail sales growth streak to 19 months as Infiniti posts best Q3 since pandemic
Nissan remains the fastest-growing mainstream brand in the US for 13 straight months, a rare bright spot among legacy automakers.
Automotive News · +3 outlets
Target cuts prices on nearly 2,000 items ahead of the holiday season
Target joins other retailers in trimming prices as shoppers remain stretched by inflation and hunt for value on everyday goods.
forbes.com · +14 outlets
Meta's AI traffic doubles as consumers use assistants for holiday shopping
Adobe data shows AI-referred shoppers convert and spend more per visit, though payment firms caution that agentic shopping still lacks reliable verification.
Retaildive · +4 outlets
Levi Strauss names Skechers veteran John Vandemore as finance chief
Vandemore takes over from longtime CFO Harmit Singh, bringing nearly a decade of footwear experience to the denim brand.
Retaildive · +7 outlets
Amazon promotes Prime Big Deal Days to jump-start holiday shopping
The Oct. 6-7 event pulls holiday spending earlier and pressures rivals to match Amazon's promotional calendar.
Mass Market Retailers · +14 outlets
Walmart-backed OnePay adds Solana and Arbitrum trading to its retail app
The fintech's crypto expansion tests whether listing tokens inside a mass-market consumer app can move prices and drive retail adoption.
24/7 Wall St. · +4 outlets
Target and Safeway lead in grocery delivery and pickup
Online grocery sales continue to climb while in-store volumes slip, reshaping how supermarkets allocate labor and shelf space.
Supermarket News · +9 outlets
Costco faces lawsuit alleging child and forced labor in hundreds of products
The Oregon suit seeks $200 per member and adds to scrutiny of supply chain disclosures at large retailers.
OregonLive.com · +3 outlets
Mattel names Roger Lynch as CEO, replacing Ynon Kreiz
Lynch arrives from Conde Nast as Mattel navigates a softer toy market and its post-Barbie growth strategy.
Retaildive
Nissan remains the fastest-growing mainstream brand in the U.S. for 13 consecutive months and records 19 consecutive months of year-over-year retail sales growt
Nissan's long retail growth streak highlights how Japanese and Korean brands are outperforming Detroit rivals in the US market.
Cadillac News