Corporate News

Ulta announces corporate layoffs, merchandising restructure

The retailer did not specify the number of employees impacted but stated that it eliminated roles "across all functions of the company." 

By Cara Salpini • Jan. 15, 2021

Biden details $1.9T pandemic relief package

The National Retail Federation hailed the plan's twin efforts to protect consumers and businesses, and get a grip on the escalating pandemic.

By Daphne Howland • Jan. 15, 2021

Walmart e-commerce chief Marc Lore to retire

Digital sales at the retail giant have boomed, but the executive's trajectory through the company hasn't followed a straight line. 

By Ben Unglesbee • Jan. 15, 2021

Macy's opens second Market by Macy's strip center location

The department store is moving forward with a strategy, announced before the pandemic, to run smaller off-mall stores, but it has a lot to prove.

By Daphne Howland • Jan. 14, 2021

Urban Outfitters names new CEO

Sheila Harrington, who currently runs the Free People brand, will continue in that role and replace Trish Donnelly as CEO. 

By Kaarin Vembar • Jan. 14, 2021

Christopher & Banks files for bankruptcy, could close all stores

The women's apparel seller is among the victims of the pandemic, which dragged down demand among its core customers.

By Ben Unglesbee • Jan. 14, 2021

'There are no environmentally friendly companies': The pursuit of corporate social responsibility

Home Depot and Ulta executives discuss what retailers should consider in forming corporate social responsibility plans, and how to succeed.

By Cara Salpini • Jan. 14, 2021

A closer look at RH's Aspen 'ecosystem'

The brand last week made an investment into a major Colorado real estate development, which includes stores, restaurants, residences and a spa.

By Caroline Jansen • Jan. 14, 2021

By the numbers: Holiday retail sales in 2020

Jewelry retailer Signet had a strong holiday season, in large part due to an enhanced digital presence and the introduction of fulfillment services.

By Daphne Howland , Ben Unglesbee , Kaarin Vembar • UPDATED: Jan. 15, 2021 at 11:41 a.m.

Bed Bath & Beyond taps Target, Macy's vets to build out its marketing team

Jim Reath will serve as senior vice president of marketing, while Kristi Argyilan will act as senior vice president of brand innovation.

By Caroline Jansen • Jan. 13, 2021

Sephora rolls out action plan to address racial bias

The beauty retailer is implementing changes across marketing and merchandising, stores, and employee training.

By Cara Salpini • Jan. 13, 2021

GameStop adds former Chewy execs to board as digital holiday sales balloon by 309%

The founder of the pet products e-tailer has taken an activist stake in GameStop and called on it to transform — immediately.

By Ben Unglesbee • Jan. 12, 2021

Walmart to launch fintech startup with partner Ribbit Capital

The startup will be majority-owned by the retailer. Ribbit Capital's past investments include Affirm, Credit Karma and Robinhood.

By Anna Hrushka • Jan. 12, 2021

Dollar Shave Club names new CEO after founder steps down

Former Sur La Table CEO Jason Goldberger will replace Michael Dubin in the top spot. Dubin will remain on as a special adviser and board member.

By Maria Monteros • Jan. 12, 2021

Lululemon taps Nike veteran as head merchant

Blanca Gonzalez will lead global merchandising for men's and women's, and focus on growing the company into a "leader in technical apparel."

By Cara Salpini • Jan. 12, 2021

Deep Dive

9 retail trends to watch in 2021

The pandemic will continue to reshape the industry and accelerate trends from consumer preferences to industry norms and structures in the year ahead. 

By Daphne Howland , Ben Unglesbee , Cara Salpini , Kaarin Vembar , Caroline Jansen , Maria Monteros • Jan. 12, 2021

Art Van successor Loves Furniture files for bankruptcy

A real estate veteran created a new retailer to fill the void left by the furniture specialist. Things did not go as planned. 

By Ben Unglesbee • Jan. 11, 2021

Staples plans $2.1B takeover of Office Depot

Office Depot's board is looking into the offer, keeping in mind that the rivals' past two attempts to merge were thwarted by antitrust concerns. 

By Daphne Howland • UPDATED: Jan. 12, 2021 at 9:20 a.m.

Bed Bath & Beyond's COO says the company is pivoting to a 'common-sense' supply chain model

The supply chain overhaul, an expected $250 million investment, is part of what will bring the retailer back to sustainable growth, according to executives.

By Emma Cosgrove • Jan. 11, 2021

A timeline of how the pandemic hit retail

Over the past year, Retail Dive tracked store closures and openings, as well as furloughs, layoffs, hirings and bankruptcies. Here's the story of 2020 in numbers.

By Nami Sumida • Jan. 11, 2021

J.C. Penney revamps activewear private brand as the category surges

The department store, fresh out of bankruptcy, is upgrading its private labels and introducing new ones, a strategy Target has pursued with great success.

By Daphne Howland • Jan. 08, 2021

Amazon shuts down its Pantry service

The move to close one of its earliest grocery programs comes as the company prioritizes its stores and same-day e-commerce service.

By Jeff Wells • Jan. 08, 2021

LVMH shakes up Tiffany ranks as the ink dries on $15.8B deal

Louis Vuitton executive Anthony Ledru has replaced Alessandro Bogliolo as CEO, while Rimowa CEO Alexandre Arnault joins the American jeweler.

By Daphne Howland • Jan. 08, 2021

Christopher & Banks inches closer to the brink as it defaults on multiple obligations

Financial distress deepens at the apparel seller as it misses payments on the lease of its headquarters and other financial commitments.

By Ben Unglesbee • Jan. 08, 2021

American Express expands small business perks as it reportedly falls under federal investigation

As the credit card issuer caters to merchants migrating online, multiple agencies are scrutinizing its sales practices, The Wall Street Journal reports. 

By Tatiana Walk-Morris • Jan. 08, 2021