Retail News Brief

  • American Eagle Outfitters Plans Distribution Center in North Carolina

  • Ford Delivers Wins on EPS, Revenue For its Second Quarter

  • Kroger Has a New AI Shopping Assistant

  • Johnson & Johnson Reach $5.5 Billion Talc Settlement

  • Dollar General Announces ‘Call for Small Businesses’ Event


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Retail News Brief

  • American Eagle Outfitters Plans Distribution Center in North Carolina

  • Ford Delivers Wins on EPS, Revenue For its Second Quarter

  • Kroger Has a New AI Shopping Assistant

  • Johnson & Johnson Reach $5.5 Billion Talc Settlement

  • Dollar General Announces ‘Call for Small Businesses’ Event


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  • American Eagle Outfitters Plans Distribution Center in North Carolina

    American Eagle will be opening a new distribution center in Salisbury, North Carolina, with the investment totaling $41 million while resulting in approximately 200 full-time jobs. “We’re proud to have a presence in Rowan County and are excited about what this facility means for the long-term growth of our supply chain and distribution network,” Jay Schottenstein, executive chairman and CEO of American Eagle Outfitters, said (more).

  • Ford Delivers Wins on EPS, Revenue For its Second Quarter

    Ford showed up with a strong Q2 report card, delivering beats on EPS ($0.42 versus $0.36 anticipated) as well as revenue ($44.89 billion against $44.72 expected). As a result, Ford lifted its guidance, with a projected EBIT of $10 billion-$11 billion as compared to $8.5 billion to $10.5 billion previously (more).

  • Kroger Has a New AI Shopping Assistant

    Kroger has launched its new AI Shopping Assistant, available across the company’s websites and apps. The tool can be used for long-term meal planning, recipe discovery, and grocery budgeting. “We continue to invest in digital tools that make shopping simpler, more intuitive and more convenient for our customers,” said Yael Cosset, EVP and chief digital officer at Kroger (more).

  • Johnson & Johnson Reach $5.5 Billion Talc Settlement

    Johnson & Johnson indicated it had reached a settlement to pay an estimated $5.5 billion to settle tens of thousands of lawsuits tied to allegations of its baby powder and talc products potentially causing ovarian cancer (more).

  • Dollar General Announces ‘Call for Small Businesses’ Event

    Dollar General is inviting U.S. small businesses which have not sold to DG over the past year-and-a-half to step forward and participate in its Call for Small Businesses event. “We look forward to connecting with small businesses, learning about their offerings and exploring opportunities to collectively deliver the products our customers want and need.” said Bryan Wheeler, Dollar General EVP and chief merchandising officer (more).

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