The Latest

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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: How the consumer is doing so far this year

    Discretionary goods are a low priority amid an uncertain economy and a desire to spend on experiences, but retailers are holding their own. What about the rest of 2023?

  • A black and red brick storefront by Studs
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    Permission granted by Studs
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    Studs opens piercing studio in DC’s Georgetown neighborhood

    The direct-to-consumer piercing and jewelry brand now has 19 locations focused on providing a modern, personalized experience. 

    DTC
  • Mielle founder and CEO Monique Rodriguez with LSU basketball player Angel Reese.
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    Courtesy of Mielle Organics
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    Mielle signs LSU basketball star Angel Reese as ambassador

    The NCAA athlete’s name, image and likeness deal with the brand will include marketing, social media, events and a limited-edition product bundle.

  • People at work in a large warehouse full of boxes.
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    kupicoo via Getty Images
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    Deep Dive

    After last year’s inventory tidal wave, where do retailers go from here?

    Bare shelves are still a recent memory, but many are learning to live on leaner inventories after overstocking in 2022.

  • A headshot of Nike executive Craig Williams against a grey background.
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    Courtesy of Nike
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    In massive executive shuffle, Nike names new Jordan president

    Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.

  • A dark blue van with the word "Geek" in large white letters is parked in a lot.
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    Daphne Howland/Retail Dive
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    Best Buy CEO: ‘2023 will be the bottom’ for falling electronics sales

    Profits and revenue declined in Q1, driven by falling computer, appliance, home theater and mobile phone sales, executives said Thursday.

  • An artistic rendering of a Toys R Us that will open soon at Dallas Fort Worth Airport
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    Courtesy of WHP Global
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    Column

    The Weekly Closeout: Toys R Us goes to the airport and retailers exit San Francisco

    The toy company will open a store at Dallas Fort Worth International Airport, while retailers are shutting locations in the California city. 

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    Courtesy of Agata Serge for Canada Goose
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    Canada Goose to open 3 new US stores

    The luxury apparel brand is focused on expanding its DTC presence, with plans to open 16 new locations across Japan, China and the U.S. in fiscal year 2024.

    DTC
  • A person speaks at a microphone, surrounded by a group of people. A sign on the right says "Combating retail theft New York City."
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    Courtesy of New York City Mayor's Office
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    NYC focuses on repeat offenders, social services to combat surge in retail theft

    Just 327 serial shoplifters accounted for a third of the more than 22,000 retail theft arrests made in the city last year, officials said.

  • Exterior shot of a Dollar General store.
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    Courtesy of Dollar General
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    Dollar General creates new role focused on emerging markets

    Steve Deckard, who joined the retailer in 2006, will oversee the company’s Mi Súper Dollar General in Mexico, Popshelf and DG Well Being initiatives.

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    Courtesy of Laneige
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    Laneige joins virtual store trend to showcase new collection

    Powered by e-commerce platform Obsess, the store has five rooms featuring different skincare collections and brand content.

  • Allbirds opens store in Flatiron district of New York City.
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    Courtesy of Allbirds
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    How DTC brands fared in Q1

    Some were able to stymie losses during the period, while others sank deeper into the red as revenues fell.

    DTC
  • A Blue Apron box on a kitchen counter.
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    Scott Eisen via Getty Images
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    Blue Apron sells fulfillment centers in shift to asset-light model

    The buyer, FreshRealm, plans to exclusively provide production and fulfillment needs for the company's meal kit products.

    DTC
  • The entrance to a store with the word "Express" repeated above each glass door.
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    Daphne Howland/Retail Dive
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    Express closes on Bonobos acquisition as sales fall 15%

    The apparel retailer has hired advisers to help it cut costs as losses pile up.

  • AI
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    Userba011d64_201 via Getty Images
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    C-store retailers weigh in on automation, AI and data challenges

    While operators acknowledged these technologies can help with tasks like shift scheduling and assigning duties, some remain hesitant to go full-speed ahead.

  • A Sephora at Kohl's location
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    Courtesy of Kohl's
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    Citing progress in Q1, Kohl’s will open new stores, avoid closures

    The department store is working on its turnaround this year, leaning heavily on its Sephora partnership to drive sales and traffic.

  • Person in athletic gray shorts and tights holds a dumbell weight while looking at TV
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    Courtesy of Peloton
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    Peloton repositions itself as ‘more than a bike company’

    The new campaign showcases users of all ages and fitness levels using the brand’s various offerings beyond its in-home bike hardware.

  • Purple's Rejuvenate mattress
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    Permission granted by Purple
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    Purple homes in on premium market with 2 new collections

    The DTC mattress brand is repositioning itself as it focuses on three distinct segments of the market, CEO Rob DeMartini told Retail Dive.

  • External shot of a Dick's Sporting Goods store.
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    Daphne Howland/Retail Dive
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    Dick’s plans 9 House of Sport stores in 2023 as sales rise 5.3%

    Unlike Foot Locker, the sporting goods retailer said its consumer is holding up well as it reaffirmed its full-year outlook.

  • A group of people in custom suits stand in front of a red wall.
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    Courtesy of Indochino
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    Indochino saw ‘record setting’ revenue in Q1

    The privately held DTC brand attributed the sales to its expanded women’s offering, diversified partnerships and strong shop-in-shop execution.

    Updated May 25, 2023
    DTC
  • Exterior shot of The Container Store.
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    Courtesy of The Container Store
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    The Container Store announces layoffs

    The retailer employs over 5,000 people, but would not disclose the number of jobs impacted. 

  • A skincare product showing before and after images of resolution improvement.
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    Courtesy of Google
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    Google debuts generative AI product imagery tool for sellers

    Product Studio allows merchants to take existing imagery and create new backdrops for it, remove backgrounds and improve image resolution.

  • A red Burlington storefront says "ladies, mens, kids, baby, home, coats," as clouds billow overhead in a bright blue sky.
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    Daphne Howland/Retail Dive
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    With supply leveling off, the off-price party may be over

    But a return to normal is probably a good thing, according to William Blair analysts.

  • A white truck is parked in front of a Lowe's store on a clear, bright day.
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    Daphne Howland/Retail Dive
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    Lowe’s lowers full-year guidance as DIY spending softens in Q1

    Despite near-term economic pressures, the home improvement chain said it has a generally positive long-term outlook.

  • Piles of textiles sorted by color sit on racks and tables in a big warehouse.
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    Courtesy of ReCircled, photo credit: Emily Garrick, RA Productions
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    Textile recycling, reuse missing from FTC’s Green Guides, group says

    Companies and advocates in the textile and fashion industries are urging the Federal Trade Commission to add the issue to its ongoing workshops.