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The Weekly Closeout: Amazon clashes with Visa and Petco posts 'record' Q3

The e-commerce giant said it will no longer accept United Kingdom-issued Visa credit cards for transactions, while the pet retailer reported double-digit growth in owned brands.

Tupperware to idle factories as it works through inventory backlog

The home products company had stocked up during the first half of the year to prepare for a surge in demand. That surge has yet to come.

On-time rates dip for USPS and UPS, climb for FedEx ahead of holidays: Convey

Staffing shortages and upstream supply chain issues are slowing deliveries for last-mile parcel carriers, Convey by project44 said.

How e-commerce retailers stacked up in Q3

A flood of DTC brands entered the public markets this year. Now, we're seeing how those companies and other online brands are holding up.

Updated Nov. 23, 2021

Dollar Tree pivots to $1.25 prices even as inflation-wary shoppers seek the retailer out

The company saw a modest sales bump during the third quarter, with consumers chasing value. Meanwhile, supply chain costs have choked margins.

Target to keep stores closed on Thanksgiving for good

After two years of temporarily shutting locations on the holiday, CEO Brian Cornell told workers that the company will continue doing so moving forward.

Home Depot, Lowe's top estimates in Q3

The retailers lapped 2020's figures when demand in the category skyrocketed. But winning over the pro segment may be key to maintaining that strength.

Dr. Squatch rolls out personal care products at Walmart

Following on the heels of its digitally native peers, an array of the brand's products will be available at over 1,600 physical locations.

NPD: Fragrance expected to boost beauty sales this holiday

More than a quarter of U.S. shoppers are planning to buy a beauty product for the holidays, the report found.

Grocers chase the promise of e-commerce personalization

Customization tools like shoppable recipes and product recommendations are helping consumers cut through the clutter of center store. But retailers are only scratching the surface of what's possible.

Authentic Brands puts IPO on hold as it brings in new investors

Current investors sold significant stakes to CVC Capital Partners and HPS Investment Partners as the branding specialist chases more growth. 

Francesca's slapped with trademark lawsuit over 'Franki'

The tween brand was just launched as a stand-alone banner earlier this month, and another tween brand, Frankie's on the Park, says it's too confusing.

Macy's hires the firm behind Saks' e-commerce spinoff

With activist investors reportedly pushing the department store, Macy's CEO Jeff Gennette acknowledged how Wall Street values online-only retail.

Glossier opens second store this year with new LA flagship

The location in West Hollywood is just a few blocks away from where the DTC beauty brand had a previous store on Melrose Place.

Foot Locker names COO as sales grow 13% over 2019

Frank Bracken will take on the newly created role, overseeing global operations, including customer experience, technology and supply chain.

Kohl's enjoys some upside from inventory scarcity

Margins spiked and inventory turn reached a 10-year high as product levels came in 25% below 2019 amid shipping delays. 

Nordstrom employs drop-ship model in new Fanatics partnership

Nordstrom says the deal reflects a departure from wholesale. But one analyst says it's more of an evolution, and a sign that department stores still matter.

CVS plans to close 900 stores

The drugstore retailer also announced new leaders of its retail business as it refocuses around omnichannel and health services.

Nearly half of Victoria's Secret's merchandise is delayed as the holidays approach

The retailer posted a solid Q3, but said it doesn't expect to get some orders in at all due to supply chain disruptions.

ICSC: 86% of consumers will shop over Thanksgiving weekend

Shoppers are nearly evenly split in their decision to shop in stores versus online on Thanksgiving Day. 

Starbucks, Amazon Go open cashierless store concept in NYC

The two plan to open additional stores in 2022, as more retailers experiment with grab-and-go technology. 

Black Friday is early again this year, and maybe forever

Shoppers are already out and about. But an unreliable supply chain and lingering pandemic have retailers and their customers changing their behavior.

Macy's to delay store closures, launch third-party marketplace next year

The department store previously slated 125 stores to close, but now says that's under review as physical locations prove key to digital success.

Away names its first operations and digital chiefs

In addition to introducing two new positions to the C-suite, the luggage brand named a new chief marketing officer, Melissa Weiss.

October retail sales soar, rising more than 11% for the second straight month

Both consumer confidence and inflation boosted sales in Retail Dive's core group, which were up nearly 27% from 2019.

Updated Nov. 16, 2021