Adidas has disclosed it's been hit by a cyber attack in which customers' personal information has been stolen, reports BBC. The sportswear giant said criminals had obtained "certain consumer data" which "mainly consists" of the contact information of people who had been in touch with its help desk. Adidas said passwords and credit card and…
Kristina Stidham
Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group (ABG) for $311 million, the companies announced Tuesday, reports CNBC. Under the terms of the deal, ABG will own Dockers’ intellectual property while Centric Brands will take on operations, handling manufacturing, sourcing and distribution. Under the brand management business model, Levi’s…
Beyond, the parent company of Bed Bath & Beyond and buybuy BABY, has struck a deal to acquire rights to the brand name of home decor and furnishings retailer Kirkland's, reports Yahoo Finance. As per the asset purchase agreement, pending senior lender approvals, Beyond will also buy some related assets. The plan is to license…
In this episode of Retail Right Now, Total Retail's Joe Keenan and Marie Albiges discuss the recently released 2025 Best Digital Gift Card Programs report, produced by NAPCO Research in conjunction with Blackhawk Network. This eighth annual report is the most comprehensive assessment of the digital gift card industry in the market. Keenan and Albiges…
Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, reports Reuters. The popular shoe brand is exiting public markets after 26 years as it grapples with the impact of steep U.S. tariffs. Investment firm 3G Capital has offered $63 per Skechers share in…
President Donald Trump on Monday met with chief executives from three of the nation’s top retailers, who came to the White House to discuss how his sweeping tariff plans could impact their import-heavy business models, reports CNBC. Walmart CEO Doug McMillon, Target CEO Brian Cornell, and The Home Depot CEO Ted Decker were in attendance…
While attending Shoptalk 2025 in Las Vegas last month, Total Retail's Editor-in-Chief Joe Keenan had the opportunity to interview Liz Roche, vice president of media and measurement at Albertsons Media Collective, the retail media arm for Albertsons Companies. In the wide-ranging conversation, Roche discusses the mission of Albertsons Media Collective, her role and career background,…
While attending Shoptalk 2025 in Las Vegas from March 25-27, Total Retail's Editor-in-Chief Joe Keenan had the opportunity to interview Chris Carl, head of marketing, U.S. for AliExpress, an international B-to-C e-commerce platform under the Alibaba Group. Carl discusses his role in growing market share for Alibaba's consumer e-commerce business in the U.S., recent updates…
While attending Shoptalk 2025 in Las Vegas from March 25-27, Total Retail's Editor-in-Chief Joe Keenan had the opportunity to interview Jon Blotner, president of commercial and operations at Wayfair, one of the world's largest home retailers. Blotner discusses the launch of the Wayfair Verified program, the process for identifying products as Wayfair Verified, and its…
In this episode of Retail Right Now, Total Retail's Joe Keenan and Marie Albiges share their biggest takeaways from Shoptalk 2025, held from March 25-27 in Las Vegas. They detail the key industry trends discussed on stage at the event as well as the insightful conversations between women leaders at the Women in Retail Pavilion,…
While attending Shoptalk 2025 in Las Vegas from March 25-27, Total Retail's Editor-in-Chief Joe Keenan had the opportunity to interview Emily Hosie, founder and CEO of REBEL, formerly REBELStork, a Certified B Corp and the leading tech-driven recommerce solution for returns and overstock in North America. Hosie provides an overview of the business, her career…
Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China, reports Reuters. These businesses, much like Nike and Lululemon, face an impossible choice: offset the cost of tariffs by raising prices by some 40 percent —…
While attending Shoptalk 2025 in Las Vegas from March 25-27, Total Retail's Editor-in-Chief Joe Keenan had the opportunity to speak with Mark Barrocas, CEO of SharkNinja, a global product design and technology company with a diversified portfolio of five-star rated lifestyle solutions that positively impact people’s lives in homes around the world. Barrocas provides an…
Target salaried employees who are eligible for bonuses will only receive 87 percent of their potential bonus for fiscal year 2024 based on total-year financial performance, reports YahooFinance. That percentage is a considerable drop from FY 2023, when bonuses were paid at 100 percent. In earnings reported March 4 for FY 2024, Target announced that…
Forever 21's U.S. operating company on Sunday filed for bankruptcy for the second time in six years and said it would wind down its domestic operations, hurt by mounting online competition in the fast-fashion sector and weak mall traffic, reports Reuters. It blamed the situation on higher costs and companies taking advantage of duty-free treatment…
