Inter Ikea Group said the reduction in workforce is necessary as it focuses on increasing sales growth, reducing prices and boosting traffic across channels.

Senior Editor Cara Salpini joins the podcast to discuss the pushback against the incoming CEO, founder Chip Wilson’s battle ...

Nearly all consumers — 98% — make repeat purchases from brands recommended by third-party AI platforms, but they are also more sensitive to friction, according to a survey of 1,500 consumers in the ...

The crafts retailer is adding more than 600 new items this year as it works to capture market share left behind by Joann and ...

The retailer — which saw sales increase 10% in Q1 — is turning to the customer segment as DIY demand remains down.

The physical wallet isn’t dead, but it’s now optional. A growing share of shoppers now pay entirely with their phone, whether ...

This year, H&M Group plans to open around 100 new stores and to close around 160, according to its annual report. While that is a net reduction of 60, the remaining stores will make a positive ...

Skims completed a funding round of $225 million in raised capital, which placed its valuation at $5 billion, per a Wednesday press release. The funding round was led by Goldman Sachs Alternatives with ...

The “C” in J.C. Penney stands for “Cash,” the middle name of founder James Cash Penney, but the department store is struggling to generate much in its post-bankruptcy years. As of Oct. 29, the company ...

Andrew Page told Retail Dive that the company, which runs Arc’teryx and Salomon, will see little impact from the refunds ...

Activist investor BBRC is taking "the hard way" to force governance change at the intimates company less than a month before ...