WHAT WE'RE READING

Retail Dive

Purple taps former La-Z-Boy exec as CFO. The mattress company also reported a miss on Q1 revenue and decreased its full-year outlook due to an accounting adjustment.

APR 25, 2026

Bloomberg Law

Saks Global Approved to Award Executive Bonuses in Bankruptcy

APR 24, 2026

Bloomberg

Saks Settles Fight With Simon Property, Cuts Deal With Creditors

APR 24, 2026

Women's Wear Daily

Bankruptcy Court Approves Saks Global’s $500M Exit Financing Package. The approval helps set the company up for life after Chapter 11.

APR 24, 2026

Retail Dive

Bed Bath & Beyond CEO: AI will lead to ‘significant reduction in headcount’. Areas impacted at the retailer could include supply chain, IT, accounting, marketing and merchandising, Marcus Lemonis told analysts Monday.

APR 24, 2026

Wall Street Journal

Nike to Cut 1,400 Workers in Latest Round of Layoffs. Most of the affected employees work in the company’s technology department

APR 23, 2026

CNBC

Nike cuts 1,400 roles in second round of layoffs this year. Nike announced about 1,400 layoffs, primarily in its technology department. The company said the job cuts are part of its efforts to better position the company for future growth as part of its “Win Now” strategy. The layoffs come after 775 Nike roles were eliminated in January.

APR 23, 2026

Women's Wear Daily

Claire’s Relocating Its Headquarters. The move, seen happening in early 2027, is among several steps the retailer’s new owner is taking to modernize the brand and return it to growth.

APR 23, 2026

Wall Street Journal

The Container Store to Reset Stores, Clear Inventory Ahead of Bed Bath & Beyond Integration

APR 23, 2026

Retail Dive

Can Bed Bath & Beyond’s Bilt partnership simplify its experience? The move could offer the retailer a way to make its complex collection of brands more coherent, but it falls on Bed Bath & Beyond to do the heavy lifting.

APR 23, 2026