Retail News Brief

  • Amazon Faces Class Action Lawsuit Over Ring Camera Features

  • GameStop Delivers Highest Quarterly Profit in Company History

  • Neiman Marcus To Close Downtown Dallas Flagship

  • Macy’s Raises Full-Year Guidance After Healthy Q1

  • Brand Participation in Pride Month is Contracting, But Authenticity Still Matters


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Retail News Brief

  • Amazon Faces Class Action Lawsuit Over Ring Camera Features

  • GameStop Delivers Highest Quarterly Profit in Company History

  • Neiman Marcus To Close Downtown Dallas Flagship

  • Macy’s Raises Full-Year Guidance After Healthy Q1

  • Brand Participation in Pride Month is Contracting, But Authenticity Still Matters


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  • Amazon Faces Class Action Lawsuit Over Ring Camera Features

    Amazon is now facing a class action lawsuit over its Ring camera’s Familiar Faces feature, which is used to recognize regular guests when they appear on camera. The lawsuit claims, as a byproduct, “Millions of other Americans passed by a Ring ​security camera and unknowingly had their facial recognition information collected,” (more).

  • GameStop Delivers Highest Quarterly Profit in Company History

    GameStop delivered the highest quarterly profit in company history June 2, with net income pegged at $389.6 million. Collectibles surged, accounting for $348.9 million in gross sales, or about 42% of total company revenue (more).

  • Neiman Marcus To Close Downtown Dallas Flagship

    Neiman Marcus has signaled it will be shuttering its downtown Dallas flagship store. The historic store — once home to annual soirees — will be closing in September of this year (more).

  • Macy’s Raises Full-Year Guidance After Healthy Q1

    Macy’s saw its first-quarter report card as a win, with comp sales growing by 3%, EPS at 13 cents adjusted against 3 cents anticipated, and revenue registered at $4.68 billion versus $4.61 billion expected. As a result, and with expectations of growth moving forward, the retailer raised its full-year guidance (more).

  • Brand Participation in Pride Month is Contracting, But Authenticity Still Matters

    Brands are contracting their public participation in Pride Month, according to data, but the same data indicates that consumers still value authenticity during celebrations. Nearly half of Americans signaled it was important to them that brands participate in Pride Month (more).

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