The Latest
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Permission granted by Felicia Washington
Deep DiveFinding Rae Dunn
Dunn's minimalistic approach to home goods has a community of collectors who hunt, and sometimes compete, for her products at off-price retailers.
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iStock / Jovanmandic
Sponsored by LiveRamp3 steps to building an advertising business
Understanding whether or not your data and channels are of value to others takes time. Each step, however, is necessary to increase the value of your first-party data and kickstart a new revenue stream.
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Cara Salpini for Retail Dive
Kate Spade creative director Nicola Glass to exit
The brand is in the middle of restructuring its leadership roles as it embarks upon a plan for growth.
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Daphne Howland/Retail Dive
Old Navy, Athleta push Gap into the black
The company's namesake brand did better in North America in the quarter and could get a boost from its Yeezy collab, expected later this year.
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Off-pricers face slow recovery after a rough year
Despite pressures that will remain this year, these retailers hold key advantages compared to department stores and other apparel sellers.
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Courtesy of Costco Wholesale
Survey: Costco, Amazon, Apple are top in customer satisfaction
With more consumers shopping online during the COVID-19 pandemic, prices, returns and masks are among consumers’ top concerns.
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DVF shut its clothing rental service, pivoted to Rent the Runway
The news comes as Ralph Lauren is launching its own rental service while luxury apparel retailers figure out their place in the circular economy.
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Courtesy of E.l.f. Cosmetics
ColumnRetail Therapy: E.l.f. Cosmetics taps Chipotle for its latest drop
The companies teamed up for a limited-edition collection, which features an avocado-shaped makeup sponge and ingredient-inspired eyeshadow palette.
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Retrieved from Whatnot on March 05, 2021
Livestream shopping platform Whatnot raises $20M
Aiming to serve a niche, the company plans to expand into more collectible categories and emphasize the community element of collecting.
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Raysonho. (2016). "Saks Fifth Avenue in Toronto" [photograph]. Retrieved from Wikimedia Commons.
Private equity pours $500M into Saks Fifth Avenue's e-commerce spinoff
Insight Partners will take a minority stake in the deal, which is valued at $2 billion and allows owner HBC to unlock value from the luxury brand.
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How Amazon and Walmart's head-to-head competition is changing retail
The evolution of the two shows that being a retail giant means more than selling merchandise.
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The image by Loren Javier is licensed under CC BY-ND 2.0
Disney plans to close at least 60 stores in North America
The brand giant is refocusing around e-commerce after retail revenue fell by 4% during the pandemic.
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ThredUp
ThredUp files for IPO
With environmental concerns top of mind for many young consumers, the secondhand apparel market shows no signs of slowing down.
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Kendall Davis/Retail Dive
The running list of 2021 retail bankruptcies
Belk and Paper Source are the latest retailers to file for Chapter 11. The department store exited bankruptcy within a day.
UPDATED: March 3, 2021 at 10:12 a.m. -
Bed Bath & Beyond plots 8 private label launches this year
The first brand, Nestwell, will debut in March, with five more following in the next six months.
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Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
Walmart to spend $350B on local sourcing, work to pinpoint barriers to reshoring
The retailer touted benefits such as increased support for small and diverse suppliers in the U.S. as it sources closer to the end consumer.
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FatCamera via Getty Images
OpinionThe health, social and economic pandemic triad brings a watershed moment to retail in 2021
Retailers cannot focus on getting shoppers back into stores until health and social concerns are solved, writes SSA & Company's Matt Katz.
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Michaels to be acquired by private equity firm for $5B
Apollo Global Management will tap long-term debt to partly finance the deal, which comes as the crafts retailer enjoys pandemic-fueled sales.
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thanyakij, bongkarn. (2019). Retrieved from Pexels.
Report: Most consumers abandon a brand after 3 bad experiences
Many disappointed customers don't complain directly to brands about negative interactions, costing companies revenue, a Coveo report found.
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Dillenbeck, John. (2018). "Marshall Field's Building Chicago" [photograph]. Retrieved from Flickr Pro.
Deep DiveMacy's Windy City blues
The department store is closing its Magnificent Mile location in Chicago. Some who remember Marshall Field's wish it had never arrived.
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Tailored Brands seeks $75M lifeline just months after exiting Ch. 11
The owner of Men's Wearhouse is nearing a loan deal as the pandemic continues to weigh on apparel, according to court documents.
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Daphne Howland/Retail Dive
Urban Outfitters tests paid membership program to boost loyalty
The program offers free shipping and returns, as well as other benefits, across the retailer's brands at a time when shoppers are demanding more convenience.
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Kendall Davis for Retail Dive
Podcast
The Backroom: Amazon enters a new phase
The team talks about how retailers have paved their own way, as Jeff Bezos prepares to hand over the CEO reins at the e-commerce giant.
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Inventory mismatch squeezes Nordstrom's holiday quarter
The problems hurt sales and margins, and led to a performance that was among the worst in both the department store and off-price sectors.
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Courtesy of Capri Holdings
Capri Holdings hires former Walgreens exec as CIO
In his new role, Alejandro Martinez-Galindo will focus on accelerating the luxury company's digital and e-commerce evolution.
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ThirdLove launches new ad campaign titled “Your Boobs Deserve ThirdLove.” The image was retrieved from that video on Feb. 24, 2021.
ColumnRetail Therapy: ThirdLove encourages women to end their bad 'bra-lationship'
The company launched a humorous ad campaign that depicts a support group for women enduring toxic affairs with bras.
