The Latest
-
Caroline Jansen/Retail Dive
‘The music has stopped’: A look at venture capital in retail
VC funding in retail declined in 2022, and a slew of layoffs in 2023 paints a bleak picture. But it could just signal a return to normal.
-
Permission granted by Square
Sponsored by SquareThe top retail trends for 2023
Discover the top trends in the retail industry for 2023.
-
donm60 via Getty Images
Sustainability still takes a backseat to profit for procurement teams: study
A relatively small share of procurement staff see environmental and social goals within their purview or collect related metrics to measure success.
-
Permission granted by Loops
Skincare brand Loops expands into Target nationwide
The decision to work with the mass retailer was influenced by customer input, according to Loops CEO Meg Bedford.
-
Kohl’s chooses Tom Kingsbury as permanent CEO
Kingsbury, who was previously the CEO of Burlington Stores, has been the retailer's interim chief since the departure of Michelle Gass last year.
-
Courtesy of Dollar General
ColumnThe Weekly Closeout: Dollar General reaches store milestone and REI lays off staff
The discount chain opened its 19,000th store in Missouri this week while the outdoor retailer is cutting 8% of its headquarters workforce.
-
Cara Salpini/Retail Dive
Retail layoffs in January spiked 3,225% year over year: report
Job cuts in the industry last month, which amounted to 13,000, came second only to tech.
-
PeopleImages via Getty Images
Merchants frustrated with fees, tech issues
Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.
-
Daphne Howland/Retail Dive
ColumnReporter’s Notebook: The New Orleans menswear shop that brought Zegna to America
Trends may come and trends may go, but as long as men wear clothing, century-old Rubensteins will be in business.
-
J.C. Penney names new chief transformation and strategy officer
Keith Melker comes to the retailer from property management company Wehner Multifamily, where he served as CEO.
-
Michael M. Santiago via Getty Images
Amazon cited for safety violations at 3 more warehouses
Federal safety inspectors are calling on the e-commerce giant to implement a “company-wide strategy to protect their employees."
-
Daphne Howland/Retail Dive
Risky business: How suppliers defend themselves against retail bankruptcies
Retailers and their vendors go through a delicate dance when a Chapter 11 looms, with financial hazards for both sides.
-
Kaarin Vembar/Retail Dive
Lululemon looks to increase supplier diversity for corporate buying
The athleisure brand said it will increase the volume of buying from vendors owned and operated by underrepresented groups in its non-merchandise spend.
-
Courtesy of Amazon
Amazon plans further improvements to Prime membership as Q4 sales slip
As the e-commerce giant focuses on further tightening its operations, it will continue to add to the many perks members enjoy, executives said.
-
Courtesy of Puma
5 CEOs to watch in 2023
As retail sheds executives, newcomers are taking the helm at major retailers. They face individual hurdles, alongside industrywide challenges like inflation.
-
400tmax via Getty Images
M&A, IPO activity fell throughout 2022
Online retail saw a 32% year-over-year decline in the number of deals in 2022, according to a report from Hampleton Partners.
-
Courtesy of Our Place
Our Place continues retail expansion with new LA store
The DTC cookware brand opened its first store around two months ago on Abbot Kinney Boulevard.
-
Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Foot Locker faces privacy suit and Levi’s misquotes Mark Twain
A lawsuit alleges the athletics retailer violated California’s privacy act. Meanwhile, Levi’s CEO Chip Bergh cited the author on why skinny jeans are not dead.
-
Permission granted by Bed Bath & Beyond
Missed interest payment signals Bed Bath & Beyond ‘out of options’
Analysts think the retailer is out of time and money. Meanwhile, the company closed a distribution center in Texas, impacting hundreds of employees.
-
Courtesy of CVS Health
CVS launches beauty and personal care brand
CVS Pharmacy wants to target its broad customer base with affordable products through its new private label, One+Other.
-
Kendall Davis/Retail Dive
Podcast
The Backroom: What’s going on with DTC this year?
The team introduces new co-host Dani James and talks about changes in the direct-to-consumer space and the ongoing importance of brick and mortar.
-
"Outside of Crate and Barrel, Natick Mall" by Massachusetts Office Of Travel & Tourism is licensed under CC BY-ND 2.0
Nike vet joins Crate and Barrel Holdings as COO
Mike Brewer spent two decades at the athletics retailer in a variety of roles across sourcing, manufacturing and supply chain.
-
Daphne Howland/Retail Dive
REI lays off more than 150 employees
The job cuts, which amount to 8% of its corporate workforce, come as the retailer attempts to return to profitability.
-
Permission granted by Lego Group
How Lego transformed after the pandemic
Company leadership said the most important lesson learned during the pandemic was to remain agile.
-
Spencer Platt via Getty Images
Williams-Sonoma reorganizes executive team
Among a slew of changes, the company promoted Marta Benson to CEO of Pottery Barn Brands.
-
Robin Marchant / Stringer via Getty Images
Ariana Grande to buy her beauty brand’s assets from Forma Brands for $15M
The singer’s brand, R.e.m. Beauty, entered into a licensing agreement with the company in December 2020.
