Amazon cuts hundreds of retail jobs, restructuring stores division, during Prime Big Deal Days
The cuts hit fewer than 1,000 white-collar roles across stores, customer service and engineering in the US, India and UK, landing during one of Amazon's biggest
Retaildive · +15 outlets
Starbucks explored a Chipotle takeover, reports say, as analysts weigh the fit
The reported deal talks would combine a global coffee giant with the burrito chain, and sent Chipotle shares higher.
93.3 The Drive · +10 outlets
US retail sales rose for a 12th straight month in September, NRF monitor shows
Consumer spending kept growing despite cost pressures, though categories like home furnishings lagged the broader gains.
Mass Market Retailers · +9 outlets
Amazon Prime Big Deal Days US online spend nears $10B as event drives 9% growth
The two-day October event boosted sales at Amazon and rivals including Walmart, though household spend fell short of June Prime Day levels.
Retaildive · +7 outlets
Target says it is not working with ICE amid uproar over store parking lot use
The retailer responded after accusations that its stores were used as staging sites for immigration enforcement operations.
The New York Times · +14 outlets
Holiday retail sales projected to top $1.7 trillion despite affordability worries
Forecasters expect record holiday spending even as shoppers cite job market and debt concerns, and retailers plan fewer seasonal hires.
HomePage News · +5 outlets
Uniqlo owner Fast Retailing posts record profit as Western sales overtake China
The operator of Uniqlo is now positioned to challenge H&M and Zara for the global apparel top spot on overseas expansion.
Reuters · +13 outlets
Walmart rolls out 1-hour express pickup and ASL service ahead of the holidays
The retailer is leaning on speed and accessibility in fulfillment as it competes with Amazon for last-mile grocery and general merchandise orders.
Retail Dive · +6 outlets
US inflation and retail sales headline a busy economic calendar this week
September CPI and retail sales data anchor a week that also brings the start of third-quarter earnings and overseas inflation readings.
investingLive · +14 outlets
Levi Strauss lifts full-year outlook on tariff refunds; direct-to-consumer sales weak
Wholesale strength and trade reimbursements propped up profits and margins even as the denim maker's DTC sales came in unexpectedly soft.
Retaildive · +14 outlets
Virtual try-on launches on ChatGPT
Users can upload a selfie to see how clothing and accessories look on them before buying, extending AI shopping tools deeper into retail.
Retaildive · +14 outlets
Walmart tests placing marketplace inventory in stores for pickup and delivery
The pilot would let third-party sellers use Walmart stores as local fulfillment nodes as the retailer blends marketplace and physical retail.
ADWEEK · +14 outlets
Tesla China retail sales fall 9% even as Shanghai exports surge 58%
The divergence points to weakening domestic demand in China alongside rising export volumes from Tesla's Shanghai plant.
Benzinga · +3 outlets
Whole Foods to open first Macomb County store in scrapped Amazon Fresh space
The conversion shows Amazon redirecting abandoned Amazon Fresh grocery sites toward its Whole Foods banner.
Crain's Detroit Business · +2 outlets
Walmart wins ruling forcing 30-plus insurers to defend it in 2,400 opioid lawsuits
The decision shifts defense obligations for a large volume of opioid-related claims onto the retailer's insurers.
Insurance Business
Complexity, high cost stand out from September retail, including for McDonald's value menu
Franchisees pushed back on McDonald's remodel costs and a pricing tool lawsuit, while its value menu struggled, raising questions for net-lease investors.
Globest · +2 outlets
Whole Foods CEO says grocery will make Amazon the 'everyday store'
The grocery arm is positioned as a driver of frequent repeat visits rather than one-off e-commerce orders.
Fortune
AI agents tipped to reshape retail as stores move beyond sales
Analysts expect AI shopping agents to shift how consumers discover and buy, changing the economics of store networks and retail stocks.
ING THINK Economic and financial analysi