As consumers spend more on gas and food, a shadow looms over retail

The second half of the year will be tough for retailers as shoppers hunt for lower prices, opt for experiences and shift their loyalties.

By Daphne Howland • June 24, 2022

Why decarbonization offers retailers a chance to lower costs and increase revenue

Retailers need to develop a holistic sustainability strategy and action plan to engage and attract customers while improving financial performance.

June 21, 2022

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How artificial intelligence is shaping retail

More retailers are leaning on AI as a tool, tapping into the tech to improve customer service and support supply chain functions.

By Retail Dive staff

The Weekly Closeout: Deckers' COO steps down and Swarovski names CEO

David Lafitte exited the footwear retailer to pursue another opportunity, while the jewelry brand appointed its first chief outside of the founding family.

By Retail Dive Staff • June 17, 2022

McKinsey: Metaverse may create $5 trillion in value by 2030

The research firm found that up to $2.6 trillion of that value could be in e-commerce.

By Dani James • June 17, 2022

75% of DTC brands may offer subscriptions by 2023: report

Though subscription services once attracted investors, some brands have had to trim their workforce and end investor partnerships.

By Tatiana Walk-Morris • June 13, 2022

Target moves to reduce inventory, taking markdowns and canceling orders

Just weeks after lowering its guidance, the retailer now expects an even deeper hit to profit margins as consumers pull back on discretionary spending.

By Ben Unglesbee • June 7, 2022

Retail is fundamentally bad for the environment. And doing better isn't easy.

Improving sustainability is a web of complexity for retailers. Ultimately, it may mean sidelining growth.

By Cara Salpini • June 6, 2022

The Weekly Closeout: Kim Kardashian launches new skincare line and GameStop's losses spike

The celebrity shut down her previous KKW Beauty brand last year, and the gaming retailer's operating loss tripled to $153.7 million.

By Retail Dive Staff • June 3, 2022

What Trunk Club's demise says about apparel subscriptions

Customers who engage with Nordstrom's stylists, online or in stores, spend more time and money at the retailer. So it's going outside the box.

By Daphne Howland • June 2, 2022

In Q1, Victoria's Secret firmly in control against apparel headwinds

The lingerie retailer said it's regaining market share and maximizing margins, but may cut prices in order to make a sale.

By Daphne Howland • June 1, 2022

Prada plans monthly product, NFT drops

The brand will host 24-hour online events, starting June 2, where shoppers in select areas can buy limited-edition items and receive accompanying NFTs.

By Tatiana Walk-Morris • June 1, 2022

In boon to retail, office workers and tourists are heading back downtown

Nordstrom and Glossier are among the retailers following a recovery pattern described in a recent report from commercial real estate firm JLL.

By Daphne Howland • May 31, 2022

Bed Bath & Beyond launches new private label for the home

Everhome, the retailer's ninth owned brand launch, comes as consumers pull back on discretionary spending and demand for the home category declines.

By Caroline Jansen • May 31, 2022

Ulta shoppers not feeling inflation yet

In fact, prestige cosmetics sales in the quarter outperformed as makeup made a comeback.

By Cara Salpini • May 27, 2022

The 'end to the good times' is here as consumers brace against inflation: S&P

Analysts see more risk to profits and sales as consumers manage spiking costs for fuel and food, and retailers face more pain on freight. 

By Ben Unglesbee • May 26, 2022

Dick's sales decline in the face of 119% growth last year

The results indicate a slowdown in consumer demand for the category after stimulus payments last year helped fuel record growth.

By Cara Salpini • May 26, 2022

The Backroom: What Walmart and Target tell us about the state of retail in 2022

Rising food and gas prices are causing consumers to pull back on discretionary spending. That hurt retailers in the first quarter.

By Retail Dive Staff • May 26, 2022

50 years in: Nike's game plan for winning with women

The athletics retailer is simplifying its leggings and bra strategies, and emphasizing deeper inclusion as it looks ahead to the next 50 years.

By Cara Salpini • May 25, 2022

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.

By Caroline Jansen • May 24, 2022

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. 

By Ben Unglesbee • May 24, 2022

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.

By Retail Dive Staff • May 20, 2022

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.

By Cara Salpini • May 20, 2022

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.

By Tatiana Walk-Morris • May 20, 2022

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. 

By Ben Unglesbee • May 19, 2022

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?

By Kaarin Moore • May 18, 2022