Iconic 87-year-old REI is closing three stores in 2026 — including two flagship locations that recently unionized. The decision to shutter stores comes as the company battles falling sales and a challenging retail climate. Seattle-based REI, known for its premium camping gear, bikes, and hiking boots, has reported back-to-back revenue declines of 2.4 percent in 2023 and another 6.2 percent …
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Popular outdoor retailer, REI, to close N.J. store, 2 others amid declining sales
REI Co-op has confirmed plans to close its store in Paramus in the first quarter of 2026 along with stores in two other states. The REI store is in the Bergen Town Center shopping center. REI also plans to close stores in the SoHo neighborhood of New York City and in Boston later next year. “After thoughtful consideration, we have …
Read More »Another legendary sporting goods retailer closing multiple stores – TheStreet
Another legendary sporting goods retailer closing multiple stores TheStreet Iconic 169-year-old retailer to shutter 36 locations Fox Business Outdoor and sporting goods chain closing 31 stores by early 2026 KGW Sporting retailer Orvis to shutter half its locations nationwide, citing tariff pressures The Boston Globe Tariffs force more Orvis store closures Retail Dive Source link
Read More »Struggling 48-year-old retailer makes bold move to win back customers – TheStreet
Struggling 48-year-old retailer makes bold move to win back customers TheStreet American Eagle Sales Fall Slightly After Sydney Sweeney Ad The New York Times American Eagle Credits Sydney Sweeney Ads for ‘Brand and Business Reset’ The Wall Street Journal American Eagle soars as teen clothing retailer embraces Sydney Sweeney frenzy ABC News American Eagle shares jump 25% after retailer touts ‘success’ of Sydney Sweeney’s …
Read More »Target Sales Decline Again As Retailer Warns Of ‘Volatile’ Tariff Environment, Lowe’s Beats Expectations
Topline Target posted another quarter of declining sales Wednesday, but not as steep as their first quarter sales drop, as the big box retailer struggles to recover after facing consumer backlash and tariff pressure—while Lowe’s beat expectations for earnings and sales as it reached a deal to acquire a construction materials supplier for professional builders. Big box retailers including Lowe’s, …
Read More »Partnership to end: Popular retailer to exit Target stores next year
In the end, the partnership between Target and Ulta will last about five years. The retailers announced on Thursday that the companies have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. The partnership began in 2021, and several Portland-area locations contain Ulta shops. The Ulta Beauty at Target …
Read More »Popular retailer to exit Target stores next year
In the end, the partnership between Target and Ulta will last about five years. The retailers announced on Thursday that the companies have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. The partnership began in 2021. The Ulta Beauty at Target shops will remain until that time, and …
Read More »Largest U.S. retailer to pay $5.6 million for overcharging customers – KTLA
Largest U.S. retailer to pay $5.6 million for overcharging customers KTLA Walmart overcharged customers, will pay $5.6 million to settle consumer protection lawsuit da.santaclaracounty.gov Walmart to pay $5.6 million to settle California lawsuit claiming it overcharged products San Francisco Chronicle Walmart to pay $5.6 million in California Consumer Protection settlement KRON4 Walmart to pay $5.6 million to settle lawsuit alleging California shoppers were overcharged Los …
Read More »Largest U.S. retailer to pay $5.6 million for overcharging customers – NewsNation
Largest U.S. retailer to pay $5.6 million for overcharging customers NewsNation Walmart agrees to pay $5.6 million settlement for overcharging customers The Mercury News Walmart to pay $5.6 million in California Consumer Protection settlement KRON4 Walmart to pay $5.6 million to settle California lawsuit claiming it overcharged products San Francisco Chronicle Walmart to pay $5.6 million to settle lawsuit alleging California shoppers were overcharged Los …
Read More »Business News: How One Legendary CEO, One Independent American Retailer, And One Swiss Pre-Owned Seller Are Responding To The Tariff Situation
Some U.S. retailers of Swiss watches have also been stocking up ahead of the surprise tariff shock and may be able to avoid price increases in the short term. Gabe Reilly, a co-founder of Collective Horology in Ventura, California, which sells independent Swiss-made brands including Czapek, Horologer Ming, Speake-Marin, and Zeitwinkel, says the retailer has been preparing for such a …
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