The Latest
-
GameStop sales slide 9% but loss narrows
The video game retailer this week gave CEO Ryan Cohen authority to manage the company's investment portfolio in public and private markets.
-
Peloton chief marketing officer resigns
Leslie Berland became the fitness company's marketing chief in January, but is departing at the end of the year to join Verizon's C-suite.
-
Hundreds of new stores help push Dollar General sales up 2.4%
But the discount retailer is cutting back its expansion plans for next year as it aims to turn its business around.
-
Apparel retailers dominate prime corridor leasing: report
Athleisure brands in particular are leading the way this year, with Lululemon and Vuori opening stores in popular shopping districts.
-
Chewy names new CFO
The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.
-
Sears is a shell of its former self. So why is it reopening some stores?
The retailer, which once boasted some 3,500 stores, has slowly whittled down its footprint. But recent openings likely don’t signal a turnaround.
-
Big Lots creates new executive role to lead closeout sourcing
In the position, Seth Marks will focus on “procuring outstanding products at exceptional values through unique closeout opportunities,” the retailer said.
-
Amazon cuts referral fees for some apparel sellers
The retailer said the changes are meant to improve the speed of delivery and reduce total costs to serve.
-
Can Lululemon maintain its momentum?
Ahead of the brand’s Q3 report this week, Wells Fargo analysts downgraded their stock outlook, while other analysts raised their price targets.
-
Stitch Fix sales and customer count decline further, but loss narrows
The apparel box e-retailer kept a grip on expenses and is making major operational changes to boost sales and profits, executives said Tuesday.
-
Lovesac Q3 net sales jump 14.3% amid store growth
The furniture brand — which is facing an SEC investigation due to accounting errors — reported showroom net sales increased 18.9%.
-
NRF updates crime report to address faulty numbers
The group said it didn’t realize an outside assessment of organized retail crime had used an old NRF estimate of total inventory loss, including loss unrelated to theft.
-
ThirdLove launches into swimwear
Each new style comes in a black colorway, “the little black dress of swim,” Ra’el Cohen, the company’s co-founder and chief creative officer, told Retail Dive.
-
Best Buy increases reliance on distribution centers for customer delivery
By reducing the share of online orders shipped from stores, the retailer's employees can focus more on customer-facing services, its CEO said.
-
These 5 people changed retail. Where are they now?
Some of the biggest names in the industry slowly fade from headlines. While others keep grabbing them for various reasons.
-
More holiday shoppers to buy with small businesses: survey
Interest in buying gifts in-store is higher at independent businesses than at some large retailers like Macy’s and Best Buy, according to a report.
-
Rite Aid plans to sell 79 more stores
The drugstore chain has been shedding leases as a way to optimize its portfolio following its Chapter 11 bankruptcy.
-
Column
The Weekly Closeout: Petco slashes outlook and what’s going on at Uoma Beauty?
The pet retailer missed Q3 estimates, while the makeup brand could be at risk of closure by the UK government.
-
Joann raises cost savings target to $225M
The craft retailer is working to improve its cash flow, but its $1 billion-plus debt load remains a concern.
-
Saxx taps new CEO
Tom Berry is set to lead the men's underwear brand and brings forward leadership experience from companies such as The North Face.
-
Podcast
The Backroom: What’s the deal with EBITDA?
The earnings metric is widely used despite criticism that it can cloud the true picture. What companies emphasize it, and why?
-
Sam’s Club adds 2 more distribution centers to its 2024 lineup
The St. Louis and Minneapolis facilities are slated to open in January and March, respectively, building on the Walmart-owned retailer’s plan to advance its end-to-end supply chain capabilities.
-
Consumers state high intent to buy more online in 2024: survey
While Amazon is the preferred e-commerce retailer overall, Walmart is the top pick for online grocery shopping, a Bank of America survey found.
-
Deep Dive
Retailers have a crime problem. It’s in the numbers.
The issue is complex and often clouded by imprecise data. Sometimes from the industry itself.
-
NLRB rules against Amazon in New York fulfillment center union organizing case
The National Labor Relations Board alleges the company unlawfully retaliated against some employees, including by changing work assignments.