The Latest
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Why are DTC brands rushing to wholesale?
Emerging brands are quickly moving into retailers’ stores, but selling direct-to-consumer still offers data and consumer feedback that can’t be found on shelves.
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Sponsored by CommerceHub
Balancing costs with customer expectations: 3 steps to win the fulfillment game
Online shopping is here to stay — and so are all the fulfillment challenges that come along with it.
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Wellness brand Golde enters Ulta
The brand initially launched three of its products within The Wellness Shop, an initiative the beauty retailer introduced in 2021.
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Levi’s to test AI-generated models
The clothing brand said the move to supplement humans with AI models supports its diversity and sustainability efforts.
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US retail sector leads corporate defaults: S&P Global
Retail faces continuing challenges with logistics, labor and supplier cost inflation, which is squeezing margins, as consumers pull back.
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Momofuku Goods raises $17.5M
The pantry essentials brand was spun off from Momofuku in 2020 and will use the funding to grow its product offerings in an increasingly competitive field.
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Chewy plots international expansion
The online pet retailer is planning its first venture outside of the U.S. over the next few quarters, executives said Wednesday.
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Amazon’s balancing act is getting trickier
Wooing sellers may have downsides for shoppers, and the e-commerce giant may want to boost its Prime fee earlier than planned, analysts say.
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DoorDash adds Victoria’s Secret, Party City to its non-food options
New non-restaurant clients also include Lush Cosmetics, so that nearly all of the last-mile platform’s customers can now order from a retailer.
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Gap pumps brakes on retail media unit
The pause shows not all retail media networks are a surefire bet, even as overall ad sales by retailers are expected to sustain meteoric growth.
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Column
The 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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At Home cuts prices as supply chain costs ease
The retailer raised prices last year when expenses grew by $300 million, but executives have found ways to relieve the pressure.
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Ollie’s aims to grow footprint to over 1,000 stores
By fiscal 2024, the closeout retailer plans to expand its distribution center network to support 700 stores.
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‘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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After 150 years, Bloomingdale’s names its first-ever chief merchant
The move could mean that the upscale Macy’s-owned department store is stepping up its game against rival Nordstrom, observers say.
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L’Oréal takes a step toward more sustainable ingredients with investment in Geno-led venture
The beauty giant joins Unilever as a founding investor in the venture, which aims to develop alternatives to frequently used ingredients.
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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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Nike touts ‘tremendous progress’ on inventory as sales grow 14%
Much of the retailer’s recent revenue surge has been driven by markdowns, analysts said, and inventory is still up 16% year over year.
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GameStop posts first quarterly profit in two years
CEO Matt Furlong said the company will continue cost cutting and cost containment to help sustain profitability.
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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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Amazon launches 2-hour delivery from select Rite Aid stores
The service is available for Prime members living within the greater Newark, New Jersey, and Burbank, California, areas.
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DSW parent undergoes layoffs as the company ‘pares back every line of spending possible’
Designer Brands is actively working to cut back, even as it builds out its owned brand strategy.
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Stitch Fix walks back key initiatives in quest for recovery
Changes meant to appeal to new customers and boost sales have backfired, founder and interim CEO Katrina Lake said this week.
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Scotch & Soda files for bankruptcy in Netherlands
The fashion brand has been steadily expanding its direct-to-consumer footprint globally, and only business in its home country will be impacted by the proceedings.
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On signs tennis stars Iga Świątek and Ben Shelton
The DTC athletic shoe brand, which is backed by Roger Federer, is continuing to deepen its presence in the sport.
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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.