Kohl’s appears to have at least some wind in its sails as it reported Q1 comp sales dipping 1.1% in its fiscal first quarter, an improvement over the 2.8% quarterly slide it endured the prior year. Share prices improved by as much as 22% in early morning trading on May 28. “We’re not done. I think it’s really important to underscore that as well, that we love the trajectory of where things are headed, but we know we still have a lot of work ahead of us,” CEO Michael Bender told CNBC (more).

Oura announced the imminent launch of its Ring 5, the latest version of its wearable smart ring devices and one which will be 40% smaller than its predecessors. The ring is slated to ship June 4, and will be priced at $399 for base finish and $499 for premium finishes such as gold and brushed silver (more).

Temu has been fined ~$232 million by the European Commission for failing to halt the sale of illegal and/or dangerous products. “Temu respects the objectives of the Digital Services Act and the need for clear, consistent rules across the digital economy. However, we disagree with the European Commission’s decision and consider the fine to be disproportionate,” a company spokesperson said (more).

Dollar Tree has partnered with DoorDash to expand its delivery capabilities, adding ~10,000 SKUs nationwide to the DoorDash platform. “With our broad assortment of affordable products, including our expanded multi-price assortment, we’re excited to bring our unique value and ‘thrill of the hunt’ experience to DoorDash customers,” said Brent Beebe, chief merchandising officer at Dollar Tree Inc. (more).

AutoZone saw its worst trading day in four years on May 27, with trading on May 28 also beginning with further slight losses to share price. The news comes despite the retailer delivering beats on both EPS ($38.07 for the quarter, versus $36.28 expected) and revenue ($4.84 billion against $4.83 billion anticipated), with a sales slowdown attributed to weather patterns being blamed (more).