KOHLS CORP DRN

Shoppers walk in front of a Kohl's store in Mount Kisco, New York.Scott Mlyn | CNBCKohl's said Tuesday that it's teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country.The retailer struck a licensing deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe's Jeans and Anne Klein. The two companies did not disclose the terms of the agreement.Kohl's said the first Babies R Us shops will open this August and expand…

The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas.Brandon Bell | Getty ImagesUnder Armour said Thursday that its holiday-quarter sales slowed, but its earnings beat estimates as the athletic apparel retailer worked to rein in costs.Soft demand in North America and a slowdown in wholesale orders led revenue to drop 6% during the period, but the company posted big gains in its gross margin.Under Armour now anticipates full-year sales will decline slightly more than it previously expected.…

Manonallard | E+ | Getty ImagesFor many Americans, it's the first holiday season when most of the family may know the term "artificial intelligence" if it comes up during Christmas dinner.Just don't expect AI to do the heavy lifting for Santa quite yet.The rise of generative AI — and the use of ChatGPT — has inspired more retailers and holiday shoppers to experiment with the technology this holiday season. But for now, most of the technology's influence will come in ways consumers won't see.Artificial intelligence is…

People wait in line outside Macy's before opening on "Black Friday" in New York City on November 24, 2023. The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber Monday." (Photo by Yuki IWAMURA / AFP) (Photo by YUKI IWAMURA/AFP via Getty Images)Yuki Iwamura | Afp | Getty ImagesArkhouse Management and Brigade Capital Management have offered to buy Macy's for $5.8 billion, people familiar with the matter told…

Shoppers arrive at an Ulta Beauty store in Las Vegas, Nevada, US, on Monday, May 22, 2023. Ulta Beauty Inc. is scheduled to release earnings figures on May 25.Bridget Bennett | Bloomberg | Getty ImagesShares of Ulta Beauty rose in after-hours trading on Thursday, as the company said its third-quarter sales rose while shoppers showed once again they're willing to spend on makeup, face masks and more even when the budget is tight.The specialty beauty retailer raised the bottom end of its range for full-year sales and…

Target hosted a free "Winter Wonderland" event in New York City to show off the holiday season's hottest toys. It's an example of the extra effort that retailers are putting in to motivate shoppers.Melissa Repko | CNBCNEW YORK CITY — On a recent weekend in downtown Manhattan, a long line of families with strollers and small children lined up to step inside of Target's "Wonderland"Santa's helpers handed out free cookies. Mario and Luigi from Nintendo's "Super Mario" video game posed for photos. A toy train winded through a…