Retail Dive

1 day ago | retaildive.com | Tatiana Walk-Morris

This audio is auto-generated. Please let us know if you have feedback. U.S. toy sales between January and April rose 6% year over year, and the number of units sold also saw a 3% bump compared to the same period last year, according to a Circana report released Tuesday. During Q1, toy sales for shoppers age 18 and older jumped 12% compared to the previous year.

2 days ago | retaildive.com | Maura Sadovi

Costco Wholesale’s tariff mitigation strategies have included pulling forward purchases of sporting goods and summer-related items ahead of the levies, rerouting goods sourced from countries with “large tariff exposure,” and buying more of its store brand Kirkland Signature product in countries or regions where the items are sold, executives said on the company’s earnings call Thursday.

3 days ago | retaildive.com | Laurel Deppen

This audio is auto-generated. Please let us know if you have feedback. A Skechers shareholder group is suing the footwear giant for allegedly violating federal securities law in its agreement to be acquired by 3G Capital. Attorneys for the plaintiff, Key West Police Officers & Firefighters Retirement Plan, say Skechers failed to file a Schedule 13E-3 with the U.S. Securities and Exchange Commission, which is required in go-private deals.

3 days ago | retaildive.com | Bryan Wassel

This audio is auto-generated. Please let us know if you have feedback. Best Buy will roll out an AI-powered search experience across its website and app in the coming year for customers and employees, executives said on a Q1 2026 earnings call Thursday. The updated search engine uses AI prompts to guide customers to more specific searches, according to CEO Corie Barry.

3 days ago | retaildive.com | Tatiana Walk-Morris

This audio is auto-generated. Please let us know if you have feedback. Nike has named Michael Gonda its chief communications officer, starting July 7, the athleticwear giant announced Monday. In his new role, Gonda will oversee the company’s worldwide communications operations and strategy, including corporate and brand reputation, storytelling, issues management and employee engagement. He will report to Nike’s president and CEO, Elliott Hill, according to the press release.