The Latest
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ColumnRetail Therapy: Smirnoff's dreaming of an 'Iced' Christmas
The beverage company formed a partnership with a premium home goods brand that's as fake as the products described in the collection.
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Michaels downgraded after Q3 exposes 'weakening' competitive foothold
The retailer's comparable sales recently fell more than 2% as competitors across the industry try to cash in on the crafting boom.
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Lululemon executes on strategic plan, with 38% men's growth
Digital comps also increased 30% and contributed $247 million to total revenue, or close to 27%.
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The Children's Place lowers Q4 guidance
The kids apparel retailer adjusted its outlook due to "meaningfully weaker than planned mall traffic," sending shares down nearly 23%.
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Dive Awards
Store Concept of the Year: Nordstrom Local
The retailer's merchandise-free concept store stands out as a smart differentiator for Nordstrom and, potentially, its savior.
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Nike expands swimwear to include a swim hijab
The swimwear expansion is the brand's latest effort to reach new customers with performance-focused athletic wear.
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Westfield welcomes Verishop's digital brands to US malls
The mall developer joins others in turning to digital natives to fill space and lure customers, as those brands realize the value of brick and mortar.
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Dive Awards
Disruptor of the Year: ThredUp
The resale company this year has forged partnerships with traditional players like Macy's and J.C. Penney, while also investing in its digital platform.
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GameStop's year gets bleaker as comps plunge 23%
The retailer's CEO said declines across its business were in line with a gaming industry stuck in transition between consoles.
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Glimmers of hope at Francesca's
Despite a rash of store closures, the retailer finally got comps into positive territory after 10 quarters of declines, and is ready for a new CEO.
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Deep DiveWhat the holidays could do to department stores
It might be a make-or-break season for a segment already under siege — and it's more dire for some than for others.
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American Eagle bets on denim, lingerie with Aerie comps rising 20%
Fashion misses and some bad luck with the weather hurt the teen retailer in the third quarter, but mostly it's stealing share in those categories.
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Marquee Brand's $50M bid for Destination Maternity prevails after canceled auction
The licensing specialist's plan for the apparel retailer would close its remaining 235 locations.
UPDATED: Dec. 11, 2019 at 9:53 a.m. -
Dive Awards
Executive of the Year: Michelle Gass, Kohl's
Under its CEO, 2019 was a year of innovation for the retailer as it pushed for increased foot traffic, streamlined its supply chain and rolled out new partnerships.
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Big cities, rural areas could experience high holiday package delays
About 9% of deliveries nationwide are projected to be late, according to a LateShipment.com report, with that figure spiking to 16.5% in some areas.
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Ikea teams up with tech company to reduce reverse logistics waste
The retailer will partner with Optoro to use data analytics and machine-learning algorithms to route returned and excess inventory to optimal locations.
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Dive Awards
Retailer of the Year: Walmart
The retailer became the largest in the world by focusing on its core business and retail fundamentals. Why try to be something it's not at this point?
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Away CEO replaced by Lululemon exec
Co-founder Steph Korey will stay on as executive chairman after exiting the role, on the heels of an investigation by The Verge into company culture.
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Ascena crushes profit estimates but sales still sag
Cost cuts helped push the apparel company's operating income over 30 times higher than last year, but comparable sales fell at most banners.
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Dive Awards
The Retail Dive Awards for 2019
From old-school retailers redefining stores, to younger brands disrupting the industry, these are the companies and executives that shaped retail this year.
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Moody's slashes outlook for department stores — again
Retailers in the segment are struggling to match inventory with demand, and continue to lose share to off-pricers and discounters.
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Hudson's Bay loss widens amid takeover battle
With competing take-private bids that await shareholder approval, the company says it's working to focus on its department stores and cut costs.
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A roundup of retail holiday deals
Some retailers are employing competitive pricing, but many are introducing compelling services and ease of logistics for shoppers as ways to compete.
UPDATED: Dec. 9, 2019 at 10:28 a.m. -
Mobile accounts for 67% of traffic to fashion sites this holiday
Conversion rates also jumped 53%, suggesting that shoppers are becoming accustomed to buying apparel on their smartphones, per a new report.
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Instagram taps Celine Dion for shoppable video of retro fashion
Marc Jacobs, Michael Kors, Adidas and Oscar de la Renta are among the 18 brands offering products to buy directly through Instagram.
