Coverage of brick-and-mortar retail, department stores, supermarkets, and physical commerce trends.
Ocado has publicly confirmed it is engaged in long-term succession planning for founder and chief executive Tim Steiner, after reports the board approached external candidates. The acknowledgement lands with the online grocery technology group trading roughly 91% below its 2020 peak.
Kroger beat on revenue with $46.1bn in Q1 sales, but gross margin slipped to 22.7% as CEO Greg Foran cut prices to win share. The grocer held full-year guidance and added a $2bn buyback.
A cluster of spring 2026 leadership changes at Carter’s, Rent the Runway and PayPal points to a wave of US retail restructuring. The likely window is H2 2026 earnings, roughly August through November.
Britain’s largest retailers cut close to 18,000 jobs over the past year, led by Tesco, according to a Bloomberg analysis of annual reports. Retailers blame higher employer national insurance and rising minimum wage costs.
Macy’s posted 3% comparable sales growth in the first quarter of fiscal 2026, its strongest first quarter in four years, led by a 10.2% jump at Bloomingdale’s. The department store operator beat profit guidance and raised its full-year sales and earnings outlook.
Three recent signals point to Best Buy making Best Buy Ads and its Marketplace the centerpiece of its holiday 2026 margin story. The verdict is checkable at the Q3 FY27 print in late November 2026 and the holiday Q4 print in early 2027.
Signet Jewelers, owner of Kay, Zales and Jared, beat first quarter fiscal 2027 profit estimates with adjusted EPS of $1.56 on sales of about $1.55 billion. The jeweler raised its full-year guidance and flagged a $50 million accelerated share buyback.
US off-price chains Ross and Burlington crushed Q1 estimates with double-digit sales gains and raised guidance. But executives concede tax refunds and a BNPL surge flattered the quarter, masking softer underlying demand.
Pillar: The state of retail: department stores, grocers and experiences.
Department store loyalty programs and store cards run on two different engines. Here is the unit economics, the breakage math, and how to measure incremental margin.