September 4, 2025
- Gap has plans to move into the beauty and personal care segment this fall, with some offerings being put forth under the Old Navy Brand (via Reuters).
- Starbucks is deploying an AI-driven technology centered around inventory counts to more than 11,000 company-owned stores across North America (via Reuters).
- SHEIN is launching a probe into a product image displayed on its website which allegedly bore the likeness of accused killer Luigi Mangione (via FOX Business).
- Ulta has opened its first two stores in Mexico, with plans to open a number of other locations in the country by year’s end (via Chain Store Age).
- Dollar Tree reported a healthy Q2, with strong sales and successful tariff mitigation efforts front and center. “While sales growth was strong across all income cohorts, we continue to see especially strong performance from middle- and higher-income customers,” CEO Mike Creedon said (via Chain Store Age).
- American Eagle shares soared in early morning trading following the company’s sunny Sept. 3 earnings report. “The fall season is off to a positive start. Fueled by stronger product offerings and the success of recent marketing campaigns with Sydney Sweeney and Travis Kelce, we have seen an uptick in customer awareness, engagement and comparable sales,” CEO Jay Schottenstein said (via CNN Business)
- Giorgio Armani, an iconic figure in the fashion business, passed away at the age of 91 (via FOX Business).
- The U.S. job market report for July came in soft, with 73,000 jobs added (net) versus 115,000 expected. May and June’s numbers were slashed in a downward revision as well (via CNN Business).