The Latest
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Cara Salpini for Retail Dive
How the coronavirus altered DTC's relationship with brick and mortar
As e-commerce became competitive, digitally native brands opened stores. But the pandemic forced some to pause plans and seek alternatives.
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Capri, Ralph Lauren quarterly results indicate widespread damage to apparel sales
Even consumers better insulated from the pandemic's financial fallout are reserving their discretionary funds for items in other categories.
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New York & Co. parent sells e-commerce business, IP for $20M
RTW Retailwinds, which has struggled amid declining apparel sales, found a buyer in clothing company Sunrise Brands.
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Courtesy of Whole Foods
Amazon's online grocery sales triple in Q2 as Prime spending swells
To accommodate the influx of customers, Amazon increased delivery capacity by 160% and tripled the number of grocery pickup spots.
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Wayfair makes a profit as Q2 sales spike 84%
The pandemic drove online buying and home office setups, which gave the e-retailer a big boost. But the costs of its business model remain high.
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Daphne Howland/Retail Dive
What happened to Lord & Taylor
The country's oldest department store, a chic destination for the middle class, came through wars, depressions and pandemics. It couldn't survive neglect.
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Daphne Howland/Retail Dive
Lord & Taylor to permanently close 19 stores
The department store and owner Le Tote, an apparel rental site, are still operating, and the company said it's seeking a buyer for both businesses.
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Permission granted by Home Depot
Home Depot adds 3 warehouses as DIY demand grows
The pandemic has shifted consumer behavior and buying patterns, but it hasn't deterred the retailer from its plan to invest in its distribution network.
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Daphne Howland/Retail Dive
Deep DiveWhat the pandemic has done to Nordstrom's revamp
This was the year the retailer planned to expand its ecosystem concept and redefine the department store. Instead it's scrambling like everyone else.
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Daphne Howland/Retail Dive
Macy's enlists influencers for its 'Style Crew'
The retailer is integrating shoppable content, and new fashion and beauty buffs into its program.
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EBay, Prova Group partner on sports memorabilia authentication
The marketplace joins Amazon and others in setting up measures to combat the sale of counterfeit goods, one of the biggest threats to resale.
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Kendall Davis for Retail Dive
Podcast
The Backroom: When retailers issue mask requirements
Without federal face mask guidelines, retailers like Walmart, Target and Best Buy have had to introduce their own measures.
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Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
Walmart fortifies ad platform with omnichannel analytics offering
Procter & Gamble, Mondelēz and Clorox beta tested Performance Dashboards, which could better position the retailer against rivals like Amazon and Google.
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Courtesy of Hudson Group
Hudson slashes workforce in anticipation of second COVID-19 wave
Executives at the airport retailer don't expect travel to return to normal until 2023, and are turning to vending machines for sales in North America.
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Permission granted by Cheetah
Deep DiveGrocery apps get smart during the pandemic
Adoption has recently skyrocketed, and retailers are considering how to update mobile platforms that have become a critical part of the store experience.
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Courtesy of Kendo Brands
Three years after Fenty Beauty, Rihanna debuts Fenty Skin
Aimed at inclusivity, the products were tested on all skin tones and types, and are also built around key trends like sustainability and clean ingredients.
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Permission granted by 7-Eleven
7-Eleven to acquire Speedway for $21B
The acquisition is the largest in 7-Eleven's history and will bring its total number of store locations in the U.S. and Canada to nearly 14,000.
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Retrieved from French's on July 31, 2020
ColumnRetail Therapy: Oskar Blues, French's brew up summer in a can
While absolutely nobody asked for it, the two brands teamed up to release a one-of-a-kind mustard-flavored beer.
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Cara Salpini for Retail Dive
Nike to lay off 'at least' 500 employees at Oregon headquarters
As part of an effort to streamline its organization, the athletics retailer will cut jobs, resulting in up to $250 million in termination costs.
UPDATED: Aug. 3, 2020 at 9:54 a.m. -
Courtesy of Burberry
Burberry opens first 'Social Retail' store in China
The luxury retailer partnered with Tencent on a concept store that blends social media interactions with an in-store shopping experience.
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Permission granted by 7-Eleven
Opinion
Top customer service considerations for retailers in a post-COVID world
The customer experience is one of the most critical touchpoints a retailer has with its customers, writes 7-Eleven's Jerry Campbell.
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Tailored Brands files Ch. 11
The parent company of Men's Wearhouse and Jos. A. Bank plans to reduce its store footprint while it remains open through the bankruptcy process.
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Daphne Howland/Retail Dive
Lord & Taylor files for bankruptcy
New owner Le Tote had given the oldest department store in the U.S. and its 38 locations a rare ray of hope when it acquired it for $75 million last year.
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Screenshot of C-Span broadcast of U.S. House Judiciary Committee hearing with tech CEOs
Bezos faces US House Judiciary Committee over marketplace fairness, counterfeits
Amazon's CEO and founder defended its third-party sales and touted advantages for both consumers and sellers, but he didn't have all the answers.
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Chico's declares bankruptcy in Canada
The struggling women's apparel retailer will permanently close all 10 stores in the country as part of its effort to contain costs and outlast the pandemic.
