An employee restocks clothes on display at the Lululemon Athletica sports apparel store on Regent Street in London. Simon Dawson | Bloomberg | Getty Images Lululemon has filed an anticipated patent lawsuit against Peloton, in a growing feud over sports bras and leggings designs. In a case filed Monday in the the Central District of California, Lululemon said it is …
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press | Corbis News | Getty Images Walmart‘s longtime Chief Financial Officer Brett Biggs is leaving the company, the retailer announced Monday. In a news release, the company …
Virgil Abloh, the men’s artistic director at Louis Vuitton since 2018 and founder of label Off-White. Edward Berthelot | Getty Images Entertainment | Getty Images Designer Virgil Abloh, a leading fashion executive hailed as the Karl Lagerfeld of his generation, has died after a private battle with cancer. He was 41. Abloh’s death was announced Sunday by the luxury group …
Bloomberg | Bloomberg | Getty Images Secondhand retail companies are finding success with shoppers focused on sustainability and hard-to-find items, while also avoiding the supply chain pressures being felt by traditional retailers. Big box retailers like Walmart and Target have focused on keeping prices down, and have absorbed the increasing costs in shipping, labor, and materials for shoppers. Other retailers, like …
Shoppers with bags from various stores stand next to each other as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, as Americans shifted more of their spending online and kicked off their shopping earlier …
Sign on glass reading Thank You For Supporting This Local Business in a bakery in Walnut Creek, California, September 15, 2021. Photo courtesy Sftm. (Photo by Gado/Getty Images) Gado | Archive Photos | Getty Images Over one-third of Americans (34%) say they plan to shop on Small Business Saturday, a rebound from 2020, but spending during the holiday promotional day …
SustainAble Home Goods sells a selection of eco-conscious products online and also offers cloth wrapping that can be reused. Source: SustainAble Home Goods Some children might be waking up on Christmas morning to find more homemade gifts and a lot less wrapping paper under the tree. One in three shoppers said they plan to ditch traditional wrapping paper for environmental …
Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton has sued Lululemon after the leggings maker threatened legal action against the connected fitness equipment company earlier this year. The suit, filed in Manhattan federal court on Wednesday, comes just a few weeks after Peloton rolled …
People ride on the elevator as shoppers show up early for the Black Friday sales at the King of Prussia shopping mall in King of Prussia, Pennsylvania, November 26, 2021. Rachel Wisniewski | Reuters Online spending during the holiday season is on track to top $200 billion for the first time, but Thanksgiving day sales were on the low end …
Shoppers looking at Macy’s Black Friday specials in Maumee, Ohio, November 27, 2020. Stephen Zenner | SOPA Images | LightRocket | Getty Images Keith Fitzgerald has gone to extreme lengths this holiday season to make sure he gets the perfect gift. Fitzgerald, a 40-year-old hairstylist, searched online and at stores for a special edition Lego: a nearly 4,000-piece set that …
