Retail Roundup—Toys R Us talks bankruptcy; Walmart to relocate

Walmart
Walmart plans to move its headquarters in downtown Bentonville, Arkansas.

Walmart to relocate headquarters

Walmart is going ahead with plans to build a new headquarters in Bentonville, Arkansas, on a 350-acre space less than two miles from its current location. The project has a five- to seven-year timeline, and the goal is to centralize operations to improve collaboration and efficiency. (Northwest Arkansas Democrat-Gazette)

Lululemon launches first men's campaign

Lululemon has released its first ad campaign targeting men, expanding the company's previous association with yoga pants for women to a more inclusive brand. The five initial ads feature five men who offer diverse views on internal strength and self-awareness. (Adweek)

Dollar Tree CEO steps down

Dollar Tree's CEO since 2004, Bob Sasser, will step down from that position and take on the role of executive chairman as of Sept. 18. Sasser joined the company in 1999 as COO and was promoted to COO and president in 2001. He has helped to grow the company from 18,000 to 180,000 employees and from 1,200 to 14,500 stores. (Business Wire)

Vendors stop shipping to Toys R Us amid bankruptcy talk

Some suppliers have scaled back shipments to Toys R Us as the retailer struggles to refinance its debt and avoid bankruptcy. The toy retailer is in talks with lenders to allow the company to stay open while it works out a recovery plan through bankruptcy proceedings. (Bloomberg)

Read more on

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.