Latest news and updates from the global retail industry, including store operations, retail technology adoption, infrastructure developments, hardware launches, and regulatory changes.
American Exchange Group will acquire Allbirds in a deal valued at 39 million, as the footwear brand shifts away from its public business model following declining revenue and store closures.
Gap is introducing AI-powered sizing and enabling checkout through Google Gemini and AI search, aiming to improve fit accuracy and streamline the online shopping experience.
lululemon opens its first store in Warsaw, Poland, reaching 100 locations across EMEA. The expansion highlights the retailer’s ongoing growth strategy in Europe and key urban markets.