Stores
Target touts $5 billion investment plan as sales continue to decline
The retailer is investing heavily in its business as it anticipates ending a string of sales declines.
Alex is a senior reporter for Retail Brew covering big box stores and direct-to-consumer brands. He previously covered the Fed, inflation, and crypto for Cheddar News.
Supply Chain
UPS offers buyout to more than 100K drivers as it unwinds Amazon business
The logistics provider is making a move to push out drivers as it restructures business to be less reliant on Amazon and e-commerce.
Stores
This Week in Retail: NRF Retail Law Summit and January sales
Plus, McDonald’s celebrates National Egg McMuffin with a free sandwich for loyalty app users.
Stores
Walmart pays $100 million to settle FTC allegations over driver pay
The retail giant allegedly misrepresented base pay and tip amounts to drivers in its Spark delivery service.
Stores
Home Depot continues to invest in capex despite tough market conditions
The home improvement chain is sinking serious money into capital expenditures amid a challenging macroeconomic environment.
Stores
How Barnes & Noble’s ‘cluster’ system balances local knowledge with corporate expertise
The bookseller combines both local knowledge and corporate expertise to determine what to buy and how to sell it.
Stores
This Week in Retail: Home improvement earnings and eTail West
Plus, Retail Brew sits down with Placer.ai CMO to talk consumer trends.
Supply Chain
Walmart’s investment in automation is set to peak in the coming year
The retail giant is spending more than ever on automating its supply chain, with the ultimate goal of lowering costs and increasing profits.
Stores
Hasbro’s Magic the Gathering widens gap with rival Mattel
Hasbro’s Magic the Gathering grew 86% in Q4, widening gap with Mattel
E-Commerce
How important is retail as a proving ground for AI?
With fears of a bubble spreading among even executives of AI firms, the question of industry adoption looms large.