The Latest

  • 11 digitally native retailers that could file for bankruptcy in 2024

    While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.

    DTC
  • smartphone
    Image attribution tooltip

      iStock.com/georgeclerk

    Image attribution tooltip
    Sponsored by Rithum

    Why social commerce is transforming online retail

    Once hubs for casual entertainment, social media platforms now serve as bustling marketplaces. Today’s social media scroller has become a digital window shopper with the power to buy in seconds.

  • Tags on Hanes men's sleepwear items.
    Image attribution tooltip
    (Tim Boyle/Getty) via Getty Images
    Image attribution tooltip

    HanesBrands to lay off nearly 160 employees in North Carolina distribution center

    The apparel company plans to repurpose the facility as it streamlines operations.

  • A L'Oreal poster is displayed during the 65th Berlinale International Film Festival at Potsdamer Platz on February 12, 2015 in Berlin, Germany.
    Image attribution tooltip
    Vittorio Zunino Celotto via Getty Images
    Image attribution tooltip

    L’Oréal leans into AI with data in mind

    “AI now transcends many of the things we do,” CEO Nicolas Hieronimus said during the beauty company’s earnings call. 

  • A Skechers retail store.
    Image attribution tooltip
    Courtesy of Skechers
    Image attribution tooltip

    The Weekly Closeout: Skechers aims for 10K stores and Jeff Bezos sells $4B in Amazon stock

    The footwear retailer is halfway to its store opening goal, while the Amazon founder sold billions of shares this week. 

  • Virtual influencer Imma appears in a Coach ad
    Image attribution tooltip
    Courtesy of Coach
    Image attribution tooltip

    Coach pairs virtual influencer with real celebs Lil Nas X, Camila Mendes

    “Find Your Courage” looks to engage younger consumers around the complexities of identity and the changing meaning of being “real.”

  • A Nike storefront at The Grove shopping center in Los Angeles, California.
    Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Nike to lay off more than 1,600 employees

    On the heels of a cost-savings plan announced in December, the activewear giant confirmed it plans to cut about 2% of its total workforce.

  • Walmart International chief financial officers, led by Walmart Inc. CFO John David Rainey, at the podium, ring the NYSE opening bell.
    Image attribution tooltip
    Permission granted by Walmart
    Image attribution tooltip

    4 ways Walmart is working to enhance its growth momentum

    Since the start of the year, the company dropped news regarding employee retention, compensation, store revamps and consumer-facing tech initiatives.

  • Crocs reaches ‘record’ annual revenue of nearly $4B

    The company said it’s in the early days of implementing a retail strategy for its Heydude brand and plans to open 30 outlet locations this year.

  • A Rite Aid distribution center located in Woodland, California.
    Image attribution tooltip
    Alejandra Salgado/Retail Dive
    Image attribution tooltip

    Rite Aid to lay off employees as it transitions California warehouse operations

    The drugstore chain will close its Woodland distribution center and shift work to its facility in Lancaster, the company told sister publication Supply Chain Dive.

  • Image attribution tooltip
    Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
    Image attribution tooltip

    Retail sales rise 3.8% in January

    As credit balances soar, consumers showed signs of tightening their belts. But relatively strong wages and employment will likely support spending this year.

    Updated Feb. 15, 2024
  • A screenshot of Loccitane x Emperia's immersive shopping experience
    Image attribution tooltip
    Courtesy of Loccitane,Emperia
    Image attribution tooltip

    L’Occitane’s third virtual store celebrates Ramadan

    The experience, created with Emperia, mimics a traditional Middle Eastern house and features exclusive gift sets and a skin care questionnaire.

  • Spanx's brand campaign shown in a London tube station.
    Image attribution tooltip
    Permission granted by Spanx
    Image attribution tooltip

    Spanx launches first brand campaign in London

    The campaign will feature body activist, author, model and beauty brand founder Charli Howard and be displayed across London’s tube stations.

  • Children shop at Build-a-Bear
    Image attribution tooltip
    Courtesy of Build-A-Bear
    Image attribution tooltip

    Why Build-A-Bear is pushing checkouts to tablets

    The tools let associates better serve and personalize shopper journeys while providing customers with faster checkout options.

  • The exterior of an Express retail store inside a mall
    Image attribution tooltip
    Courtesy of Express Inc.
    Image attribution tooltip

    Express CEO seeks to ease bankruptcy concerns

    In a memo on Wednesday, Stewart Glendinning said the apparel retailer is awaiting a $52 million CARES Act payment to help with long-term liquidity.

  • Staples store in Studio City, Ca.
    Image attribution tooltip
    GDMatt66 via Getty Images
    Image attribution tooltip

    Staples revamps loyalty program

    Easy Rewards lets shoppers earn and redeem points on qualifying purchases, and gives customers double the points for their most shopped categories.

  • Two people model black wedding dresses in front of a castle.
    Image attribution tooltip
    Courtesy of Walt Disney World Resort/PRNewswire
    Image attribution tooltip
    Column

    The Weekly Closeout: Disney turns to villains for bridal inspiration, Abercrombie & Fitch Co. cuts a role

    The company looked to Ursula and Maleficent for a collection with Allure Bridals, while the specialty retailer eliminated its global brands president position.

  • Electrolyte packets from Liquid Death.
    Image attribution tooltip
    Permission granted by Liquid Death
    Image attribution tooltip

    Liquid Death expands into electrolyte drink mixes

    The launch allows the fast-growing canned water and tea maker to enter a new category and further build out its healthy beverage platform.

    DTC
  • The Children’s Place may get a reprieve as investor takes majority stake

    Mithaq Capital has taken a 54% share, will nominate 11 people to the apparel retailer's board, and has offered to help shore up its liquidity.

  • Casper storefront.
    Image attribution tooltip
    Kaarin Vembar/Retail Dive
    Image attribution tooltip

    DTC’s outlook for 2024

    As the new year kicks off, the space has already seen many C-suite changes, acquisitions and sales.

  • Home essentials.
    Image attribution tooltip
    Courtesy of Target
    Image attribution tooltip

    Target adds low-price private label brand

    Dealworthy includes everyday basics and expands the retailer’s assortment of items that cost less than $1.

  • Funko Pop! bobble-heads are displayed on shelves
    Image attribution tooltip
    Paul Butterfield via Getty Images
    Image attribution tooltip

    Funko president resigns

    Andrew Perlmutter once also served as the company’s CEO. His last day is March 31. 

  • An digital sign for a purse, listing price and other color options, with a retail store in the background.
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip

    Why ‘pay-by-bank’ faces adoption hurdles in US retail

    Pay-by-bank has been catching on slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.

  • John Legend applying a Loved01 product.
    Image attribution tooltip
    Courtesy of Loved01
    Image attribution tooltip

    John Legend’s Loved01 personal care brand launches on Amazon

    The one-year-old brand is joining others in expanding to the e-commerce platform to reach more customers.

  • Navy blue luggage cases are next to two palm plants on a roof
    Image attribution tooltip
    Permission granted by Away
    Image attribution tooltip

    Away lays off 25% of internal staff

    The DTC luggage brand is undergoing a reorganization that also includes "the elimination of a traditional executive team structure.”

  • Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    How retail is shaping up in 2024

    Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs.