The Latest
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Courtesy of Returnity
The next frontier in e-commerce packaging: reusable bags and boxes
Online ordering spiked during the pandemic — and so did the waste it creates. As Cyber Monday approaches, startups are developing ways to offer an alternative.
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Ridofranz via Getty Images
Poshmark creates Secondhand Sunday holiday
The resale site’s research suggests that shoppers are turning to used items to save money amid inflation concerns.
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Courtesy of Best Buy
Best Buy’s Q3 ‘less bad’ than feared even with sales and profit slumps
Discounting is up, inventory is down and consumers are waiting to purchase gifts — it’s beginning to look a lot like pre-pandemic holidays at the retailer.
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Cara Salpini/Retail Dive
Luxury retailers power through despite strong dollar, shaky economy
Wealthy consumers are shrugging off inflation and buying high-end goods at higher prices, but that could soften soon.
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Courtesy of Amazon
Federal judge orders Amazon to cease and desist anti-labor practices
But U.S. District Judge Diane Gujarati declined to reinstate a worker fired following his activism at a now-unionized Staten Island facility.
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Pascal Le Segretain via Getty Images
Raf Simons to close namesake label after nearly 3 decades
Simons launched his influential brand in 1995 after earning a degree in industrial design.
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The holiday clues in October retail sales
Consumers will be relying on credit cards, their savings and heavy discounts in what is shaping up to be an uncertain season for retailers.
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Courtesy of Nike
Nike pursues ‘next stage’ of expansion with first Rise concept in North America
Nike Aventura in Miami mimics the tech features at the company’s other locations and marks yet another investment in data-driven stores.
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Courtesy of On
Running brand On adds apparel to resale program
Following the success of the footwear recommerce business, the running brand is adding tops, pants, running tights, jackets and other apparel items.
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Courtesy of Snoop Doggie Doggs
ColumnThe Weekly Closeout: Snoop Dogg launches pet brand as athletics retailers jump into virtual goods
"If my dogs ain't fresh I ain't fresh,” the artist said of his latest business. Meanwhile, Nike and Adidas made major metaverse moves.
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Cara Salpini/Retail Dive
Simon, Leap aim to bring more DTC brands to malls
To start, the two will open four stores in California and Florida for ThirdLove, Sugarfina and others.
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Courtesy of Our Place
DTC kitchenware brand Our Place opens first physical store
The brand wants to open more locations in New York and Los Angeles as part of its offline expansion plan.
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Photo illustration: Tiffany & Co.; Industry Dive
ColumnSKU’d: Andy Warhol is the Ghost of Christmas Past. And he’s here to help Tiffany & Co.
He’s been gone for 35 years, but the pop artist is still making the luxury retailer joyful and relevant.
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Hasbro looks to unload eOne entertainment studio
The toy giant bought the business for $4 billion in 2019. It plans to retain some production capabilities to support projects around key brands.
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Courtesy of Herschel Supply
Herschel Supply opens first US store as it plots expansion
The 2,500-square-foot store will be in New York City’s Flatiron District and will feature a space dedicated to local artists and community events.
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5 tech revolutions that haven’t happened (at least not yet)
Why isn’t the sky darkened by drones? Why do cash registers still exist? Will robots take all sales floor jobs? We consider the answers to these and more.
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Anchiy via Getty Images
Deloitte: Shoppers to spend an average of $500 during Black Friday week
Families of all income levels are planning to increase their spending during the holiday, as well as their reliance on credit cards.
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Courtesy of Emperia
Bloomingdale’s debuts virtual department store for the holidays
A multi-branded space features shopping experiences from Ralph Lauren, Nespresso and Chanel.
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Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
Retail sales jump nearly 6% in October
But volumes were down as higher prices continue to pressure households ahead of the holidays.
Updated Oct. 16, 2022 -
Mario Tama/Getty Images via Getty Images
USPS better equipped for 2022 holidays after past peak struggles
The Postal Service will be less reliant on “peak season heroics” this year, an agency representative said at a House subcommittee hearing.
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Kevin Winter via Getty Images
Amazon CEO signals more layoffs to come in 2023
After announcing job cuts this week, Andy Jassy said the company would eliminate more roles, including in its team devoted to stores.
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Alex Wong/Getty Images via Getty Images
Home Depot, Lowe’s post strong Q3 results despite inflation
The retailers are leaning on their pro customer segments as demand for DIY projects wanes and customers tighten their budgets.
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Courtesy of 7-Eleven
7-Eleven to offer a year of free delivery during Black Friday
New Gold Plus members who sign up between Nov. 25 and Nov. 28 get free shipping on over 3,000 items, including food and alcohol.
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Courtesy of GOAT
Goat to offer rare items, exclusive sneakers during Black Friday event
The marketplace wants to create an immersive online shopping experience during its annual holiday event.
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Courtesy of Lego
With inflation and recession fears looming over the holidays, are retailers still able to market joy?
Brands need to be strategic with their advertising this season as consumers tighten their wallets and seek out deals.
