Gabrielle Fonrouge

Authentic Brands Group, the firm behind Reebok and Champion, is bringing in a public company veteran as its next CEO, signaling it's readying for an IPO.

E.l.f. Beauty raised prices by $1 last August to offset the impact of tariffs. It's now planning to walk back some of that amid a consumer pullback.

CNBC's Gabrielle Fonrouge reports on the latest retail news, including the strength of the U.S. consumer, Walmart's business outlook and more.

Walmart confirmed to CNBC it has sought a tariff refund and plans to use any money it receives back to invest in lower prices for shoppers.

The chief operating officer of Walmart's warehouse Sam's Club, Tom Ward, is retiring while Walmart's EVP of store operations, Cedric Clark, is leaving.

Key Points Dick's Sporting Goods is putting in the hard work to turn around Foot Locker, which returned to growth during the fiscal first quarter for the first time since the end of the 2024.

Key Points Lululemon has reached a settlement agreement with founder Chip Wilson that will end the proxy contest he started in December.

Key Points Abercrombie & Fitch posted mixed fiscal first-quarter results after the conflict in the Middle East weighed on sales.

Key Points American Eagle beat Wall Street's quarterly earnings expectations, but sales at its namesake banner disappointed after its latest Sydney Sweeney campaign.

Key Points Gap issued mixed fiscal first-quarter results, missing on the top line but beating on the bottom.