Amazon cuts hundreds of corporate jobs, mostly in retail and stores divisions
The cuts, fewer than 1,000 roles across the US, India and UK, land during Amazon's Prime Big Deal Days event and continue its unwind of pandemic-era hiring.
Retaildive · +15 outlets
Starbucks has explored a takeover of Chipotle, FT reports
Analysts debate whether a combination of the coffee giant and the burrito chain makes strategic sense for either company.
93.3 The Drive · +13 outlets
Walmart launches 1-hour Express Pickup and in-store ASL service ahead of holidays
The retailer will roll the expedited pickup option out nationwide in coming weeks as it competes with Amazon for fast fulfillment.
Retaildive · +6 outlets
US retail sales rose for a 12th straight month in September, NRF monitor shows
The CNBC/NRF Retail Monitor's steady-growth reading points to resilient consumer spending despite cost pressures.
Mass Market Retailers · +7 outlets
Levi Strauss lifts full-year outlook as wholesale and tariff refunds offset weak DTC
Direct-to-consumer sales came in unexpectedly soft, with profit and margins propped up by trade reimbursements in a rough Q3.
Retaildive · +4 outlets
Fast Retailing posts record profit as Uniqlo's Western sales overtake China
The Uniqlo operator is expanding overseas and is on track to overtake H&M in global apparel, with Zara's parent Inditex next in its sights.
KSL News · +14 outlets
Polestar reports record nine-month retail sales as Q3 volumes edge up 1%
Sales outside the US declined, and the EV maker's stock fell on the mixed quarterly update.
Seeking Alpha · +9 outlets
Walmart pledges never to use AI dynamic pricing on groceries after shelf-tag patent scrutiny
A retail watchdog flagged a Walmart patent for electronic shelf tags, prompting the retailer to reiterate its pricing commitments.
geekspin · +13 outlets
Amazon Prime Big Deal Days drives 9% spending growth
The October sales event marked an early test of holiday demand and Amazon's AI-assisted shopping tools.
Chain Store Age · +14 outlets
McDonald's faces franchisee pushback and a pricing-tool lawsuit over Next initiatives
Franchisees were reportedly surprised by remodel costs, and the company has been sued over software allegedly setting prices by willingness to pay.
Restaurantdive · +5 outlets
US luxury spending falls for a third month as wealthy shoppers turn cautious
Affluent consumers are pulling back ahead of the midterms, a warning sign for premium brands.
ETRetail.com · +6 outlets
Lululemon CEO Heidi O'Neill overhauls C-suite in first major move
The athletics brand named a product chief and COO and is searching for three more executives as analysts weigh the reset.
Retaildive · +3 outlets
Whole Foods to open first Macomb County store in scrapped Amazon Fresh space
The Detroit-area site, once slated for an Amazon Fresh grocery format, will instead become a Whole Foods location.
Crain's Detroit Business · +2 outlets
Walmart expands AI push with Sparky as it reinvests savings into customer experience
US CEO David Guggina said AI is helping the retailer cut costs and fund service improvements, part of a broader automation strategy.
Retaildive · +2 outlets
Anta Sports closes deal to become largest Puma shareholder with 29% stake
The Chinese sportswear group paid about $1.7 billion for the stake, reshaping Puma's ownership.
Retaildive · +9 outlets
Amazon blocks third-party AI shopping agents, drawing scrutiny from Paul Graham
The e-commerce giant's restrictions on automated agents raise questions about control over product discovery and pricing.
Yahoo Finance · +1 outlets
Amazon unveils new Alexa tablets with Alexa+ and Google Play Store access
The refreshed Fire tablet lineup adds the Google Play Store for the first time, expanding app availability on Amazon devices.
TechCrunch
Holiday spending expected to surpass last year while retailer seasonal hiring drops
The divergence highlights retailers' reliance on automation and existing staff during the peak shopping period.
Audacy