The Latest
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Courtesy of Pepsico
ColumnThe Weekly Closeout: Neiman Marcus expands partnership with Ferragamo, Peeps beefs up collabs ahead of spring
The department store will have in-store activations, customer experiences and exclusive products from the brand, while the confection’s list of partners grows.
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ShutterStock/Sorbis
Sponsored by Oracle RetailLuxury retailers tailor customer journeys and improve the in-store experience with retail technology
Learn how fashion retailers are transforming the customer experience.
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Courtesy of Dollar General
Dollar General to spend $100M on staffing and stores
The retailer plans to sustain its store opening momentum, with more than 1,000 new locations planned this year.
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Andrew Burton / Staff via Getty Images
GNC’s chief executive officer left in January, won’t be replaced
Josh Burris, who joined the supplement retailer in 2019, took over as CEO two years ago just after it exited bankruptcy with new ownership.
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Courtesy of Walmart
Walmart launches clean beauty platform with most products under $10
Clean Beauty at Walmart includes products formulated without more than 1,200 ingredients and will expand over time.
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Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
Retail sales up 7.7% in February, as prices ease in some categories
But volumes are down, and sales declined from January, as consumers prioritize experiences and essentials.
Updated March 15, 2023 -
Courtesy of REI
REI names chief people officer
The retailer also announced the internal promotions of a new chief merchandising officer and a vice president of Co-op Brands.
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Courtesy of The Honest Company
The Honest Company to raise prices amid growing losses
The brand saw its Q4 net loss increase by about 40% year over year and it projects fiscal 2023 revenue to be flat with 2022.
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Courtesy of Purple
Purple sets sights on premium customer
Helped by its September acquisition of Intellibed, the DTC brand is positioning itself within the $5,000 and up mattress market.
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Courtesy of Boxed
Boxed considers filing for bankruptcy
The e-commerce company, which sells bulk-sized pantry items and runs a fresh grocery delivery business in the New York City area, is facing tension with lenders amid a tightening cash position.
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Courtesy of Know Beauty
Vanessa Hudgens’ Know Beauty relaunches on Amazon
The brand initially launched in 2021, aiming to tackle consumers’ entire skin care regimes. Now, it’s prioritizing one product at a time.
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Permission granted by Lime Crime
Lime Crime launches makeup into Sally Beauty
Lime Crime CEO Andrea Blieden discusses the value Sally’s unique customer base offers as the brand rapidly expands its wholesale presence.
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Courtesy of Lands' End
Kohl’s marketplace gives Lands’ End a much-needed boost
Amid a raft of declines, revenue from third-party sellers was up year over year, and the brand will soon add Macy’s marketplace to the roster.
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Courtesy of Five Below
Five Below to expand higher-priced Five Beyond concept to 400 stores
The retailer will also open 200 locations this year as it looks to expand its shop-in-shop of products over $6.
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Courtesy of Etsy
‘An existential threat’: Brands react to Silicon Valley Bank’s collapse
SVB was closed on Friday and taken over by federal regulators, leaving some brands in the dark about how they would access their capital.
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Paul Butterfield via Getty Images
Why Funko is destroying at least $30M worth of toys
The company faced high storage costs and inefficiency in its fulfillment operations as surplus stock piled up.
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Courtesy of Yardbird
Yardbird to open 11 new showrooms
While its parent company Best Buy experiences declining revenue, the outdoor furniture brand is nearly doubling its showroom footprint.
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Courtesy of Peloton.
Peloton manufacturer announces layoffs, North Carolina facility closure
The retailer acquired Precor in 2020 as a manufacturing subsidiary, but has been exploring the unit's sale as it restructures.
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Sean Gallup via Getty Images
Over half of Gen Alpha watch shopping content: report
Many kids get ideas about new products and brands by watching haul and unboxing videos, according to a report by Morning Consult.
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Courtesy of The Container Store
What can The Container Store learn from Sephora?
CEO Satish Malhotra joined two years ago, and he’s using his experience at the beauty company to freshen up the home retailer’s strategy.
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Permission granted by Shopify
Shopify execs say Deliverr is key in building fulfillment network distinct from Amazon
An asset-light network of warehouse partners will help the company build its capabilities for merchants in a more cost-effective manner, its CFO said.
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Courtesy of Courtesy of Luis Guillén for Saks
Burberry poaches CFO from McLaren
The British luxury fashion house continues to reshape its C-suite after naming a new CEO last year.
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Daphne Howland/Retail Dive
What to watch in the DTC space in 2023
Increased competition, layoffs and shifting channels are a few challenges direct-to-consumer brands are facing this year.
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Big Lots reports furniture shortages after largest supplier abruptly closes
The shutdown of vendor United Furniture Industries pressured the discount retailer's e-commerce sales.
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Courtesy of The Home Depot
Home Depot names new head of merchandising
Billy Bastek, who has been with the retailer for 33 years, replaces Jeff Kinnaird, who has left the company.
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Retrieved from Overstock on May 12, 2021
How Overstock is wooing new suppliers and weathering retail’s inventory torrent
While 2022’s discounting frenzy cost the online retailer market share, the CEO said it’s looking to grow through new categories and brands.
