Aaron Joshua Mwenyi, Author at YaloMart

Levi’s Focuses on AI and Digital Growth to Drive Q4 Success

February 1, 2026

Levi’s has made digital growth a priority, continuing to focus on its direct-to-consumer channels throughout the fourth quarter. The company is looking to artificial intelligence (AI) to drive further growth across its

Retail News

Amazon to End Palm Payments and Shut Down Stores

February 1, 2026

Amazon has announced that it will discontinue its Amazon One palm payment system, removing all palm readers from physical stores by June 3. This announcement coincides with the company’s decision to close

Retail News

Amazon Announces Workforce Reduction Amid AI Shift and Retail Changes

January 29, 2026

Amazon confirmed a workforce reduction on Wednesday, though it declined to specify how much of the cut affects its retail operations. These changes come amid broader shifts in the company, where other

Retail News

Simon Property Group Faces Setback After Saks Global Bankruptcy Filing

January 29, 2026

Simon Property Group’s investment in retail continues to struggle, as another venture falters. The real estate investment trust (REIT) made a $100 million investment into Saks Global in late 2024, hoping to

Retail News

Allbirds to Close Most Stores as Part of Turnaround Strategy

January 29, 2026

After two years of closing underperforming stores, Allbirds is shrinking its physical footprint. The company plans to close most of its stores to focus on profitable growth. This marks a shift in

Retail News

Francesca’s to Permanently Close After Investor Funding Falls Through

January 25, 2026

Francesca’s Announces Permanent Closure Francesca’s, the fashion retailer, will close its doors permanently after a series of store closures and layoffs. The company’s decision follows the failure of a funding deal with

Retail News

Lululemon Brings Back Get Low Leggings Online — With New Guidance

January 25, 2026

Lululemon Resumes Sales of Get Low Leggings Lululemon has made its Get Low leggings available for sale again after temporarily removing them from its website in North America due to customer complaints

Retail News

Authentic Brands Group Acquires Majority Stake in Guess IP

January 25, 2026

Authentic Brands Group Expands Its Portfolio Authentic Brands Group (ABG) has acquired a majority stake in Guess IP, adding to its already extensive portfolio of brand intellectual property. The acquisition sees Guess

Retail News

Department Store Closures Set to Increase in 2026

January 22, 2026

After a series of high-profile department store closures, including the liquidation of Canadian retailer Hudson Bay, the retail sector braces for more shutdowns in 2026. Industry experts predict this trend could continue

Retail News

Retail Openings and Closures Expected to Vary in 2026

January 22, 2026

Retail openings and closures in 2026 will show significant variation, according to a new report from Telsey Advisory Group. While some sectors face closures, others—particularly in off-price, beauty, and apparel—will see expansion.

Aaron Joshua Mwenyi

Levi’s Focuses on AI and Digital Growth to Drive Q4 Success

Amazon to End Palm Payments and Shut Down Stores

Amazon Announces Workforce Reduction Amid AI Shift and Retail Changes

Simon Property Group Faces Setback After Saks Global Bankruptcy Filing

Allbirds to Close Most Stores as Part of Turnaround Strategy

Francesca’s to Permanently Close After Investor Funding Falls Through

Lululemon Brings Back Get Low Leggings Online — With New Guidance

Authentic Brands Group Acquires Majority Stake in Guess IP

Department Store Closures Set to Increase in 2026

Retail Openings and Closures Expected to Vary in 2026

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