The Latest
-
Adeline Kon/Retail Dive
Deep DiveHave home retailers peaked?
The category was on the rise, but the pandemic drove exponential growth. Retailers must now navigate how to sustain momentum in the years ahead.
-
Dillard's surprises with 73% sales spike
Vaccinations, stimulus and warm weather drove up margins, profits and the top line, a sign of major recovery from last year's declines.
-
April retail sales up 37% from last year, 22% from 2019
Consumers, still flush with the government’s pandemic relief, are even buying new clothes as they get ready for summer travel and entertainment.
UPDATED: May 14, 2021 at 11:20 a.m. -
Courtesy of Amazon
Amazon embarks on 75K hiring push to accommodate logistics growth
The retailer is offering competitive pay and sign-on bonuses, as well as COVID-19 vaccine incentives.
-
Sean Gallup via Getty Images
PayPal acquires returns startup Happy Returns
After investing in the startup in 2019, the payments platform is now buying it, to better serve consumers throughout their purchase journey.
-
Permission granted by SIMULATE
ColumnRetail Therapy: Nuggs hosts romantic dinner on top of Target's red ball
The winner of the plant-based chicken nugget brand's giveaway will get a "lavish" four-course dinner for two.
-
Courtesy of Walmart
Walmart to acquire virtual fitting room startup Zeekit
The testing technology's three founders — Yael Vizel, Alon Kristal and Nir Appleboim — will join Walmart as part of the deal.
-
Raysonho. (2016). "Saks Fifth Avenue in Toronto" [photograph]. Retrieved from Wikimedia Commons.
The digital Saks raises $465M in debt capital to fuel growth
The funding is aimed at helping the newly separated e-commerce company capitalize on an expanding market in online luxury retail.
-
andresr via Getty Images
5 signs that retail is going to be OK
The industry took a beating last year. Challenges remain, but here are a few indications of retailers' strength.
-
Ralph Lauren unloads Club Monaco to private equity
The apparel company has been working to sharpen its focus and trim its portfolio, including turning its low-cost Chaps brand into a licensed business.
-
Courtesy of Bed Bath & Beyond
Bed Bath & Beyond builds out merchandising team
Stacey Shively, who joins the retailer from J.C. Penney, on Monday will take over as senior vice president and general merchandise manager of home.
-
Courtesy of Business Wire
OpinionThe rise of curbside pickup: Best practices for retailers
Retailers of all types would do well to develop their curbside pickup capabilities further, writes Euromonitor International's Bob Hoyler.
-
Courtesy of Maelys
DTC body care brand Maëlys receives investment from Norwest
The funding will enable the company to grow globally, introduce new products and scale up its operations to meet higher consumer demand.
-
"Nordstrom wing of the Fashion Centre at Pentagon City" by Ben Schumin is licensed under CC BY-SA 2.0
Simon Q1 shows a mall business on the mend, but in flux
Traffic and purchases are recovering, but the REIT is signing more temporary leases, agreeing to more rents based on sales and leaving some space empty.
-
Centric Brands adds to exec ranks, board as it eyes post-bankruptcy growth
The licensing specialist has brought in a former Pandora executive and past president of Lord & Taylor to help lead it in a new era.
-
Courtesy of Snapchat
Snapchat bets big on augmented reality's e-commerce future
The social media app has been setting the stage to blend digital commerce with its AR capabilities.
-
alvarez via iStock
Report: Retail tech investments at fastest run rate in 5 years
The enhancement of supply chain and omnichannel capabilities continue to drive funding as retailers approach a post-pandemic world, CB Insights found.
-
Courtesy of MeUndies
MeUndies jumps into swimwear
A common expansion for intimates brands, the launch comes just a month after the DTC company debuted a new performance collection.
-
Courtesy of Christie's
ColumnRetail Therapy: The million-dollar wine that's out of this world
Christie's is auctioning off a bottle of wine that spent 14 months aging aboard the International Space Station.
-
Daphne Howland/Retail Dive
Under Armour restricts inventory despite high demand
The company's strategy is to limit low-demand products, thereby boosting the margins it may need to resist future supply chain shocks.
-
Courtesy of David's Bridal
David's Bridal launches 24-hour YouTube Live channel
The streaming channel will offer continuous inspiration as the retailer positions itself to be the premier wedding planning expert.
-
Scott Olson via Getty Images
Deep DiveRFID's e-commerce growth spurt
The need for visibility drove companies to invest in solutions for their complete supply chain while Adidas is using the technology to verify provenance.
-
Courtesy of Macy's
Macy's reveals Herald Square revitalization plan
The retailer will pour $235 million into the neighborhood around its flagship. That means investing in public transit and a car-free urban space.
-
Cara Salpini/Retail Dive
Paper Source to be acquired in Ch. 11 by owner of Barnes & Noble
Elliott Investment Management emerged as the successful bidder for the gift specialist and sees it as "highly complementary" to the book retailer.
-
Permission granted by Supergoop
How Schmidt's Naturals and Supergoop think about scale
Funding to the beauty and personal care space hit an all-time high in 2020, and investors are looking for brands with clean ingredients and loyal followings.
