Zales owner Signet buys online jewelry brand Blue Nile
A pedestrian walks past a Zales store in New York.Scott Eells | Bloomberg | Getty ImagesSignet Jewelers said Tuesday that it will acquire online jewelry retailer Blue Nile for $360 million…
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Shopping malls
Allbirds (BIRD) reports Q2 2022 losses
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021.Al Drago | Bloomberg | Getty ImagesAllbirds on Monday cut its financial…
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation…
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop.Miguel Candela | SOPA Images | LightRocket via Getty ImagesAdidas on Tuesday cut its financial…
Glossier to sell in Sephora, makeup brand’s first retail partner
Glossier makeup bottlesJohn Sciulli | GettyMakeup company Glossier announced Tuesday that customers will be able to find its popular "Boy Brow" and "Cloud Paint" products at Sephora stores…
Weber shares tank as grill maker announces CEO departure amid disappointing sales
Weber Grill accessories are offered for sale at a home improvement store on July 23, 2021 in Palatine, Ill.Scott Olson | Getty Images News | Getty ImagesWeber shares tumbled 17% in morning…
7-Eleven cuts 880 jobs as part of restructuring
Peter Parks | AFP | Getty ImagesConvenience store chain 7-Eleven has cut 880 jobs in the United States, CNBC has learned, roughly a year after it completed its acquisition of rival C-store…
Macy’s speeds up plans to open smaller stores outside of malls
In 2020, Macy's opened its first Market by Macy's location, which was in the Dallas-Fort Worth area.Source: Macy'sMacy's is accelerating its plans to open smaller stores that aren't attached…
Kohl’s says its chief technology and supply chain officer is leaving
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's said its chief technology and supply chain officer, Paul Gaffney, is…
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness.Source: TonalTonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon's Alexa fund as backers, is cutting 35% of its…