Tom Ryan

1 day ago | retailwire.com | Tom Ryan

madvideos.gmail.com/Depositphotos.comJune 6, 2025Tom RyanRoss Stores’ move to withdraw guidance for the year has again raised doubts that off-pricers won’t be as spared from the tariff blows as initially hoped. “Heightened macroeconomic and geopolitical uncertainty persists, most notably prolonged inflation and evolving trade policies,” said CEO Jim Conroy in a press release discussing Ross’ first-quarter earnings and second-quarter guidance.

2 days ago | retailwire.com | Tom Ryan

Image Courtesy of e.l.f. BeautyJune 5, 2025Tom Ryane.l.f. Beauty last week agreed to acquire Rhode, the skincare and cosmetics line created by fashion model and influencer Hailey Bieber only three years ago, for up to a whopping $1 billion. Rhode sales reached $212 million for the year that ended March 31 on just 10 products and solely through online DTC selling.

3 days ago | retailwire.com | Tom Ryan

©AlpakaVideo via Canva.comJune 4, 2025Tom RyanA new survey finds consumers believe retailers are at least partly responsible for fraudulent returns, with 68% believing retailers make it easy to abuse flexible return policies. The survey of over 4,000 U.S. and U.K. consumers from Forter, which helps online sellers reduce fraud, found nearly half (49%) admit to abusing retailers’ policies in the last 12 months. Of the offenders, 29% did so to avoid paying full price.

4 days ago | retailwire.com | Tom Ryan

iStock.com/Michael ViJune 3, 2025Tom RyanBest Buy lowered its full-year guidance due to tariffs but also laid out a five-point plan to curb further damage. Revenue for the current year is now expected to be between $41.1 billion and $41.9 billion, down from $41.4 billion to $42.2 billion previously. EPS is now guided in the range from $6.15 to $6.30 versus $6.20 to $6.60 under the prior guidance.

5 days ago | retailwire.com | Tom Ryan

Klodien/Depositphotos.comJune 2, 2025Tom RyanFreshDirect, the online grocer serving the New York tri-state area since 2002, over Memorial Day weekend opened a pop-up on Main Street in Southampton, New York, marking its first physical retail location. The location, which will be open until the end of December, plays up FreshDirect’s local approach. Working directly with farmers and growers, FreshDirect offers more than 12,000 SKUs, with about 60% of its mix being fresh foods.