The Latest
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Two months into 2020, 6 retailers have named or laid off a CMO
Shuffling in the role comes after a record year of CEO departures, and includes the likes of Gap, Lululemon and Tailored Brands.
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Pier 1 files for Chapter 11
The home goods retailer has already begun looking for buyers to sell itself in bankruptcy.
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CMOs worry that recession will have negative effect on 2020, survey says
More than a third of businesses are expected to bring more marketing agency work in-house in 2020 to cut costs.
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Deep DiveWhat stumbles at Harry's and Brandless mean for e-commerce
Federal regulators nixed one brand's takeover deal, and venture capital burned the other. Both moves reveal hard truths about direct-to-consumer retail.
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Holiday online sales reached over $137B
An eMarketer report found that total retail sales during the season exceeded $1 trillion for the first time.
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Coronavirus outbreak leads to supply shortages for Apple
Foxconn, one of Apple's largest suppliers, has not provided details on its plans to restart production.
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ColumnRetail Therapy: Crocs, KFC make their fashion debut
The two brands teamed up for a footwear collaboration, which appeared at New York Fashion Week with artist Me Love Me a Lot earlier this week.
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Walmart posts 'tepid' Q4 as toys, apparel sales fall short
The retailer missed expectations for sales during the quarter, but executives and analysts still see a strong underlying business.
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Bed Bath & Beyond sells keepsakes site to 1-800-Flowers for $252M
The struggling retailer bought PersonalizationMall.com in 2016 for $190 million. Analysts hailed the sale, and called for even more.
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Deep DiveThe DTC brand execs shaping retail
Over the past several years, Retail Dive has sat down with the leaders of digitally native brands. Here are the stories of people we're following.
UPDATED: Feb. 7, 2020 at 12:03 p.m. -
The Body Shop to begin 'open hiring,' skipping background checks
Under the model, job openings will be filled on a first-come, first-served basis by any applicant who meets basic requirements.
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Former Ascena exec named CEO of Francesca's
Andrew Clarke spent two years at the apparel conglomerate, most recently at Loft, and takes the reins at the retail chain after a tough year.
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Can retailers combat consumer desire for counterfeits?
Online marketplaces have launched initiatives aimed at addressing counterfeit sales, but those efforts can be cumbersome for brands.
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Wayfair lays off 550 employees
The job cuts, which impact about 3% of its global workforce, come as the online home goods retailer struggles to become profitable.
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YouCam features runway beauty trends via AI, AR tech
The augmented reality beauty company teamed up with PRIV to highlight makeup looks from Fashion Week.
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Deep DiveHow chain stores are rightsizing New York City retail
Is the decline of national brands in NYC a regional problem or endemic of a larger retail shift?
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Rent the Runway taps former Amazon exec as chief supply chain officer
Brian Donato previously worked at the e-commerce giant in operational roles related to returns and fulfillment.
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Retail sales growth 'modest' in January as consumers stayed strong
Latest figures from the Commerce Department show pockets of strength, while department stores were down from the previous year.
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Deep DiveMacy's new North Star
Can the department store's reboot of its previous turnaround plan please both investors and customers?
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Walmart to end Jet Black service
The retail giant is pulling back on its high-end shopping service in New York and folding the technology into its broader business.
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Another bleak quarter ahead for Bed Bath & Beyond
Store traffic declines caused the struggling retailer's comparable sales to fall more than 5% in December and January.
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M.M.LaFleur opens concept shop in Washington, D.C.
"We wanted to put ourselves in front of more people," said CEO Sarah LaFleur. The next M.M. To Go stores will be in Boston and Chicago.
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Kohl's cuts 250 jobs amid restructuring
The retailer appeared to be operating above the fray in the department store segment, but ended the year with sales and profits dipping.
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Instagram overtakes Facebook in audience of top 50 brands, study says
Consumer interactions with brands on the social platforms fell during the holiday quarter, even among popular industries like fashion.
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Macy's revamps private label to reach millennials
The department store is pinning an apparel comeback on hopes its own brands deliver a quarter of its sales — including four at $1 billion apiece.
