Designer Brands confirms layoffs. The parent company of DSW said the action was taken to simplify its organizational structure and reduce complexity. January 26, 2026 by
Who controls Saks Global’s IP? Authentic Brands Group now owns 77% of the entity that controls a perpetual master license to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman. January 25, 2026 by
Amazon’s luxury storefront will carry on with or without Saks. Less than a year ago Saks Fifth Avenue began curating a high-end assortment for the e-commerce giant, but the two are now at odds. January 23, 2026 by
Claire’s names chief brand officer. Michelle Goad, who most recently served in an executive role at Gap Inc., is tasked with transforming the tween retailer’s mall-oriented store footprint. January 23, 2026 by
Peloton lays off 11% of workforce. The move is part of the company’s previously announced restructuring plan that aims to generate $100 million in cost savings by the end of fiscal 2026. January 23, 2026 by
Most US Eddie Bauer stores likely to close as operator preps bankruptcy. Authentic Brands Group, which owns the brand’s intellectual property, last month shifted its e-commerce and wholesale licenses to another company. January 22, 2026 by
Saks Global retreats from off price, closing most stores and all e-commerce. Just a dozen Saks Off 5th locations will stay open, and they’ll sell only residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman. January 20, 2026 by
Home Depot cuts 800 jobs. The roles within its Atlanta store support center are primarily concentrated in its tech organization and come as the retailer mandates a full-time return to office. January 18, 2026 by
Allbirds to close all US stores, save 2 outlets. The one-time DTC darling operated more than 60 locations at its peak, but will have just four company-run stores globally by the end of February. January 17, 2026 by
Amazon cuts 16K jobs. The e-commerce giant declined to say how much this latest round of downsizing would impact its retail operations. January 17, 2026 by
