Retail News

In a tweet, the beauty retailer announced it would close all 18 of its stores in the U.S. as it refocuses on its e-commerce business.

Elizabeth “Busy” Burr, a member of Rite Aid’s board of directors, will step in as interim CEO while the pharmacy chain searches for a new leader.

The “Loooptopia Experience” on Roblox will help players “learn about fashion and circularity in a fun, creative and playful environment.”

The retailer will close locations in California, Colorado, Hawaii and Maryland, but it's focusing on opening new concept stores.

In a letter to employees this week, Stitch Fix Founder Katrina Lake announced the layoffs and the departure of CEO Elizabeth Spaulding.

The e-commerce giant cut positions last year and is poised to cut thousands more this year.

The retailer’s “Girl of the Year” is an Indian American doll named Kavi. Shoppers can visit her room and interact with dolls through the virtual experience.

A new location in Seattle will join the retailer’s other small-format store concept locations in Virginia and Chicago.

Other retailers like Five Below, Hibbett Sports and Boot Barn also show up on Placer.ai’s top 10 brands to look out for this year.

Called Project Unlock, the new technology will activate items like power tools at the point of purchase and create a ledger of purchases on the blockchain.

The ready-to-wear collection includes products like a neon-yellow dress, an oversized bomber jacket and thigh-high metallic sandals.

Designer Brands, the owner of the Designer Shoe Warehouse (DSW) chain, says the purchase will accelerate the growth of its owned brands.