Best Buy appoints Anne Bramman as Chief Financial Officer “She most recently served as chief financial and growth officer of Circana, a leading consumer analytics company. Prior to Circana, Bramman was CFO of Nordstrom…” Press release

 

Publix Q2 comp sales decreased 0.5% Press release

 

Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say at Reuters. “The valuation target marks a dramatic ​reset for Shein, whose worth peaked at $98.2 billion in 2022 before falling to $64 billion in 2023 and April 2024 ⁠in private fundraising rounds as growth slowed and external pressures mounted.” Reuters subs.

 

Wayfair Q2 total net revenue +7.5% Press release | New Pittsburgh store

 

…Wayfair posts strongest U.S. growth since 2020 at CNBC. “Wayfair’s finance chief Kate Gulliver said the company is growing by taking market share, primarily from traditional brick-and-mortar competitors, as the housing market remains “stalled.” Read more

 

Americans Are Rethinking Their Love Affair With Plant Milks at Bloomberg. “Retail sales by volume of dairy-free milks have fallen by more than 5% each year for three straight years…“People are… disappointed with the price, the taste and the heavy processing, and it’s low-protein comparatively to dairy milk,” says Melissa Altobelli, a Circana senior vice president.” Bloomberg subs.

 

Private equity firm Onyx Partners is taking another run at acquiring a national portfolio of 117 J.C. Penney stores for nearly $1 billion at CoStar

 

NRF: On average, retailers experienced a 12.4% decrease in shoplifting incidents and an 8.1% decrease in merchandise theft incidents between 2024 and 2025 Read more

 

Huggies Stumble in China After Social-Media Firestorm at WSJ. “The maker of Huggies diapers said its China sales have been hurt in recent weeks by a social-media firestorm involving allegations that its diapers contain formamide, a solvent used in a number of manufacturing processes.” WSJ subs.

 

Drone company Wing prepares to launch Walmart deliveries by air in St. Louis area St. Louis Post-Dispatch subs.

 

Target’s first-ever cookbook for it’s Good & Gather owned brand Press release