The Latest
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Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Sephora North America names next CFO and Petco’s losses grow
Ten-year company veteran Delphine Herve will take on the position at the beauty retailer. Meanwhile, the pet retailer saw net loss surge by 70% in Q2.
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Permission granted by Toshiba Global Commerce Solutions
Sponsored by Toshiba Global Commerce Solutions5 ways retail leaders are improving the customer and associate experience
Discover 5 ways top retailers improve the in-store experience for both customers and associates!
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With new investment, Kendra Scott eyes geographic, category growth
Private equity firm 65 Equity Partners has invested an undisclosed amount in the accessories brand, though founder Scott herself retains a majority stake.
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Photo by Tima Miroshnichenko from Pexels
Shoppers to pull back on everyday purchases to prioritize holiday budgets: report
Most consumers this year are also discovering offers and discounts solely through digital sources including email and social media.
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Daphne Howland/Retail Dive
Build-A-Bear names chief revenue officer
David Henderson, who previously worked with Hasbro and Melissa & Doug, comes to the retailer after it reported a record Q2.
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Ross switches up its merchandising leadership team
The discount retailer promoted two longtime employees to the chief merchant positions at its Ross and DD’s Discounts banners.
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Courtesy of Zoey Grossman
Victoria’s Secret brings back its VSX activewear line
The collection includes sports bras, leggings and ready-to-wear apparel like trench coats, catsuits and T-shirts.
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Courtesy of Big Lots
Big Lots gets court OK for $550M in bankruptcy financing
The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors.
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Permission granted by Shoe Carnival
The big switch: Why Shoe Carnival is flipping some of its stores into Shoe Stations
In a few test locations, stores that were rebannered as Shoe Stations performed “exceptionally well,” according to CEO Mark Worden.
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svetikd via Getty Images
Holiday retail sales growth projected to increase 2.3% to 3.3%
The pace of increase in holiday sales will be slower than 2023, but e-commerce will likely grow, according to Deloitte.
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Courtesy of Macy's
Macy’s unveils Mode of One menswear brand
The apparel line is the latest private label debut from the department store, part of a years-long effort to reach new customers and drive sales.
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Courtesy of Carhartt
Carhartt names new marketing and creative VP
Norma Delaney will join the workwear brand after a career at multiple footwear companies, including Hoka, New Balance and Adidas.
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Nate Delesline III/Retail Dive
Inside a closing Sam Ash Music store
The family-run company filed for Chapter 11 bankruptcy in May and the liquidation of its 42 retail stores began. Here’s what that looked like at one location.
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Courtesy of Tonal
Tonal names new CEO
Darren MacDonald takes over the chief spot from Krystal Zell and comes with experience from Petco, Walmart and Jet.com.
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Courtesy of Shopify
Roblox, Shopify partner to sell physical products in the metaverse
This is the first such partnership for Roblox, which plans to integrate with “various” e-commerce platforms in the future.
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Daphne Howland/Retail Dive
After shuttering stores at home, Bed Bath & Beyond is going global
A new licensing program includes plans to open locations in Mexico and could extend to other Beyond Inc. brands.
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Courtesy of Old Navy
Q&AWhy Old Navy is throwing back to the ‘90s to burnish its iconic brand
Chief Marketing Officer Behnaz Ghahramani opened a new playbook for a collection and campaign that celebrate the 30th anniversary of the Gap-owned retailer.
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Daphne Howland/Retail Dive
GameStop eyes more store closures as sales fall 31%
A store optimization review is underway as the video game retailer continues to face significant obstacles.
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Courtesy of L'Occitane en Provence
L’Occitane opens Manhattan boutique, plans more store openings this fall
The 891-square-foot store features a variety of services and is one of five boutiques the company plans to open in the surrounding area this fall.
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Brandon Bell via Getty Images
Mattel appoints chief strategy officer
Ken Wee, who previously held the same role at Activision Blizzard, will oversee all aspects of strategic planning and corporate development.
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Permission granted by Target
How Target is courting pet owners with a collection designed by ‘fur-fluencers’
A collection of goods tailored to furry friends is complemented by the retailer’s first reality TV-styled social content and national ads starring mascot Bullseye.
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Permission granted by Backcountry
Backcountry acquired by CSC Generation Enterprise
The outdoor gear retailer will continue to operate under its own name and recently moved to expand into wholesale.
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Courtesy of JC Penney
Uggs designer jumps to J.C. Penney
Khristene Son, with experience at brands that also include Old Navy, Justice and Charlotte Russe, is SVP of trend, brand and design.
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Cara Salpini/Retail Dive
Under Armour to close California distribution center amid restructuring plan
The decision to exit one of its primary distribution facilities will cost the athletics retailer an additional $70 million in restructuring charges.
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Retrieved from Business Wire.
Amazon Fresh gets new private brand, expanded Prime savings
The updates, which also include a revamped online storefront, highlight the retailer’s continued efforts to bolster the grocery banner.
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Kaarin Vembar / Retail Dive/Retail Dive
ColumnThe Weekly Closeout: Under Armour hires (another) Adidas vet and Bluemercury turns 25
The athletics retailer appointed a new leader in its Europe, the Middle East and Africa division, while the beauty company refreshed its online presence.
