The Latest

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    Caroline Jansen/Retail Dive

    Why this D.C. neighborhood is becoming a hub for DTC brands

    From Warby Parker and Allbirds to Outdoor Voices and Glossier, Georgetown has become the destination of choice for many digitally native brands.

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    Permission granted by Fibre Box Association
    Sponsored by Fibre Box Association

    Corrugated boxes: The ultimate expression of a circular economy

    Learn how corrugated boxes are manufactured, used and recycled with the utmost care to maintain circularity and prevent waste throughout the supply chain – all the way to consumers' homes.

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    Courtesy of Zowie

    Chatbot startup Zowie raises $14M in Series A funding

    The company will use the funds to hire more employees and expand its product.

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    Permission granted by Thinx

    Thinx CEO steps down

    Johnson & Johnson exec Meghan Davis is taking the reins months after consumer products giant Kimberly-Clark bought a majority stake in the brand.

    DTC
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    Permission granted by Petco

    Petco comps up 5% in Q1 as consumers continue to spend on pets

    The pet category has been resilient in times of economic uncertainty. That could help Petco as consumers pull back on discretionary spending.

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    "Ross" by Genevieve Prentice is licensed under CC BY-SA 2.0

    Retail turmoil comes for off-price

    Inflation is making shoppers cautious, and that even includes the bargain hunters at retailers like Ross and TJX.

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    Courtesy of Best Buy

    Best Buy trims sales expectations as pandemic boom unwinds

    Inflation, the end of stimulus and a return to experience spending hurt sales at the retailer — but it could have been worse. 

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    Courtesy of Walmart

    Walmart GoLocal expands delivery to 1,600 locations

    Expanding its service to more locations should help GoLocal operate more efficiently as it competes with other same-day delivery providers.

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    Courtesy of Target
    Column

    The Weekly Closeout: Kohl's considers packaged foods and Target partners with Tabitha Brown

    The department store looks into new categories as profit takes a hit, and the author and actress created four collections for the mass merchant.

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    Courtesy of Tag Heuer

    Joining the luxury trend, Tag Heuer accepts crypto as payment

    The announcement continues a race between major fashion houses LVMH and Kering as both expand into crypto and the metaverse.

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    Permission granted by Kendra Scott

    Kendra Scott unveils engagement ring collection

    The brand continues to enter new product categories as startup and established jewelry retailers vie for capital and market share.

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    The image by Britt Reints is licensed under CC BY 2.0

    Ear piercing is the next fun retail trend

    Target is doing it. So are CVS and Five Below. But, can piercing draw shoppers into stores?

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    Cara Salpini/Retail Dive

    Hollister to open a Social Tourist pop-up on Melrose in LA

    The year-old brand helmed by influencers Charli and Dixie D’Amelio will soon launch the store, operated by data-focused retail platform Leap.

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    Permission granted by Emily Burnham DLPR

    Buy now, pay later player Zilch expands to US

    Instead of collecting fees from retailers to move merchandise from their shelves, Zilch is linking with brands like Sephora and Nike to lure consumers looking to finance their purchases through installment payments. 

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    Courtesy of eBay

    EBay to open sneaker pop-up in LA

    The "Wear 'Em Out Store" will lower prices for customers who wear their purchases out of the store. 

  • After heightened demand during the pandemic, growth at Home Depot and Lowe's begins to normalize

    A cooler spring delayed sales during Q1, but Home Depot's position among professionals helped it weather challenges better than its rival.

  • Hasbro appoints chief people officer

    Najuma Atkinson will take on the position, following the retirement of the company's Global Chief Human Resources Officer, Dolph Johnson. 

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    Courtesy of Hugo Boss

    Hugo Boss COO leaves to head Swiss outdoor brand

    Heiko Schäfer joined in March 2020, just as COVID-19 began to upend the apparel industry. 

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    Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images

    Consumers were undeterred in April, sending retail sales up over 11%

    But retailers should prepare for a more difficult second half of the year, as inflation and supply issues get more serious.

    Updated May 17, 2022
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    Cara Salpini/Retail Dive

    Foot Locker's Nike replacement efforts working 'exceptionally well'

    CEO Dick Johnson said Foot Locker is underpenetrated in "virtually all of our brands outside of our top three." That leaves room for growth.

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    Kaarin Vembar/Retail Dive

    Under Armour CEO Patrik Frisk to step down

    Chief Operating Officer Colin Browne will take over on an interim basis, and Frisk will remain with the company in an advisory role until Sept. 1. 

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    Courtesy of Kohl's

    When activists come for retailers: 7 recent shareholder spats

    Hedge funds have been pressing for everything from new leadership to company spinoffs at some mainstay industry players.

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    Courtesy of ThredUp

    Secondhand US market to reach $82B by 2026: ThredUp

    Consumers are turning to used goods to save money during a time of high inflation, a new report found.

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    Courtesy of Business Wire

    2 top Kohl's executives to depart as the retailer gets closer to a sale

    The retailer, which reported a rough first quarter, said Chief Marketing Officer Greg Revelle and Chief Merchandising Officer Doug Howe are leaving.

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    Daphne Howland/Retail Dive
    Column

    The Weekly Closeout: Eddie Bauer CEO exits and Target workers move to unionize

    Damien Huang had only been CEO for about a year, while Target's Christiansburg, Virginia, employees seek higher wages.

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    Cara Salpini/Retail Dive

    Bath & Body Works outlook on profit growth turns negative as inflation wears on

    The retailer expects material, transportation and wage costs, along with technology investments, to weigh on earnings.