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Latest news, headlines, blogs, photos and expert insights about retail, consumers, shopping, beauty and luxury companies from Retailboss.co

Allbirds Trims Workforce in Cost-Cutting Move

Footwear company, Allbirds has announced plans to reduce its workforce and implement cost-saving measures in response to its financial performance. The company reported a net loss of $101.4 million in 2022, compared to a loss of $45.4 million in 2021.…

Retail

Adidas to Offload Remaining Yeezy Sneaker Inventory

Adidas, the German sportswear giant, has announced plans to sell its remaining stock of Yeezy sneakers, a once highly sought-after collaboration between the company and American rapper, designer, and entrepreneur Kanye “Ye” West. The decision comes after Adidas severed ties…

Retail

Google Testing New Generative AI Shopping Experience

Google is set to revolutionize the online shopping experience by testing AI-powered solutions designed to enhance both in-store and online retail experiences. These cutting-edge tools, developed by Google Cloud, aim to provide customers with a more personalized and efficient shopping…

Retail