The Latest
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Daphne Howland/Retail Dive
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.
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Envato Elements
Sponsored by Facteus3 ways retailers can leverage generative AI to stay ahead of the competition
Make data-driven decisions with real consumer purchase data from over 100 million customers and billions of transactions.
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Daphne Howland/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.
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Creative via Getty Images
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.
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Permission granted by Rite Aid
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.
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Courtesy of WHP Global
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.
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Courtesy of Joann
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.
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Courtesy of Saxx
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.
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Daphne Howland/Retail Dive
ColumnThe 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.
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Courtesy of Sam's Club
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.
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PeopleImages via Getty Images
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.
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Kendall Davis/Retail Dive
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?
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Courtesy of Amazon
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.
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Craig Barritt / Stringer via Getty Images
Amyris auctions off Biossance for $20M
The company also found successful bidders for three other brands, including Pipette, as it undergoes bankruptcy proceedings.
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Courtesy of the National Retail Federation
Deep DiveRetailers have a crime problem. It’s in the numbers.
The issue is complex and often clouded by imprecise data. Sometimes from the industry itself.
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Courtesy of EBay
EBay invests in sports trading card company COMC
The two companies also entered a commercial agreement as eBay continues to grow its presence in the category.
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Guess walks inventory tightrope while retail buyers stay ‘very careful’ on purchasing
The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.
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Permission granted by Walmart
How Walmart’s shoppable rom-com bridges holiday content, commerce
Ads on TikTok, Roku and YouTube show an assortment meant to balance “inspiration and impulse” this season, according to Chief Marketing Officer William White.
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Oatawa via Getty Images
Wish launches small parcel delivery service
WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.
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Courtesy of Kohl's
Kohl’s extends holiday bargains through December
The retailer is rolling out aggressive holiday deals this month, giving shoppers the opportunity to earn Kohl's Cash daily through Dec. 24.
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FreshSplash via Getty Images
Winners and losers of Black Friday 2023
Data shows consumers turned to mobile to shop, while some analysts lowered their forecast for the season.
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Courtesy of Brooks Running
Brooks Running posts record 14% increase in Cyber Monday sales
Nearly half of those sales were from new customers. The athletics brand also reported an 8% year-over-year increase in online sales on Black Friday.
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Courtesy of Bath & Body Works
Bath & Body Works drops 10-foot candle to help holiday shoppers unwind
The installation is part of a new creative platform centered on reconnecting with the senses amid daily stressors like rush hour traffic and work emails.
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Craig Barritt via Getty Images
After months in limbo, some products from bankrupt Mitchell Gold may finally reach customers
At the same time, home goods company Surya acquired the Mitchell Gold + Bob Williams brand, with plans to start shipping products in Q1.
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Kaarin Vembar/Retail Dive
Ulta CFO to retire amid 6.4% sales growth
Scott Settersten, who has held the role for more than a decade, will leave in April. Senior Vice President of Finance Paula Oyibo will replace him.
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GDMatt66 via Getty Images
Staples hit by cyberattack during critical Cyber Week sales push
The office supply retailer expects to fully catch up on back orders after online processing and deliveries were briefly disrupted.
