Archive snapshot · Consumer
Wed, Oct 7, 9:32 PM ET
Amazon cuts retail jobs during Prime Big Deal Days
The retail layoffs come as Amazon runs its fall Prime sale event, underscoring cost discipline in its core commerce unit.
Finimize · +14 outlets
Uber Eats to acquire catering platform ezCater for $2.3B
The deal expands Uber Eats' large-order catering business, a growing opportunity in recent quarters.
Restaurantdive · +14 outlets
Walmart expands retail media network to Spotify, CTV and live TV
The retailer is pushing shopper data and ad dollars beyond its own properties into streaming and audio inventory.
Chain Store Age · +6 outlets
Eurozone retail sales rise just 0.1% in August, missing 0.2% forecast
The weak print reflects a slump in fuel sales against a modest rebound in non-food spending.
Breakingthenews.net · +10 outlets
US luxury spending falls 6% in September, third straight monthly decline
Wealthier shoppers are pulling back ahead of the midterms, a warning sign for high-end brands.
IndexBox · +14 outlets
Anta Sports closes deal to become largest Puma shareholder with 29% stake
The roughly $1.7 billion purchase deepens Chinese sportswear influence in a global athletics brand.
Retaildive · +8 outlets
Lululemon CEO Heidi O'Neill overhauls C-suite in first major move
The athletics brand named a product chief and COO and is hunting three more executive roles as it tries to revive growth.
Retaildive · +1 outlets
Mattel investor Ariel pushes for potential sale or merger
A second activist investor is pressing the toy maker to explore strategic alternatives, adding to pressure on management.
Retaildive · +11 outlets
India's Trent adds $1.8B in market value as Zudio passes 1,000 stores
Q2 revenue rose 23% on aggressive store expansion, sending shares up sharply as brokerages turned bullish.
Modaes · +4 outlets
Amazon plans 1,000 centers for ultra-fast same-day shipping
The buildout would shorten delivery times as Amazon presses its logistics edge against Walmart.
AOL.com · +14 outlets
ASOS shares slide after hackers target the online retailer
A cyberattack on the fast-fashion e-tailer spooked investors already wary of its turnaround.
Reuters · +14 outlets
True Food Kitchen files for Chapter 11 bankruptcy
The chain plans to sell itself to a long-term partner as casual dining operators face sustained pressure.
Restaurantdive · +14 outlets
Walmart defends dynamic pricing practices again, drops scan-and-go patent
The retailer said it will not renew a patent that could personalize prices via scan-and-go technology, one of several drawing activist scrutiny.
Retaildive
TikTok to add AI-powered discovery and one-click checkout
The platform is leaning into its role as a product discovery engine by adding a conversational AI agent and simpler payments.
Retaildive · +6 outlets
Fall and holiday shopping events pull US season earlier
Retailers are launching promotions earlier than usual, testing stretched consumer budgets.
Retail Merchandiser Magazine · +14 outlets
Walmart opens small-format grocery store in metro Miami's Doral
The roughly 40,000-square-foot store extends Walmart's small-format grocery push into South Florida.
The Real Deal · +3 outlets
Bed Bath & Beyond parent axed plans to acquire Fathom Holdings
Neighborhood Intelligence called off the real estate platform deal a month after canceling its F9 Brands purchase.
Retaildive · +1 outlets
Holiday shopping season ramps up as major retailers launch early sales
Retailers are kicking off holiday promotions earlier than usual this year.
CBS News

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