Corporate News
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Winners and losers of Black Friday 2020
Online sales, curbside and store pickup have all surged as a sales event defined by the pandemic took shape.
By Ben Unglesbee • Nov. 28, 2020 -
kajakiki via Getty Images
Black Friday 2020 online sales on pace to grow as much as 42%
While COVID-19 rages across the U.S., consumers are staying home — but still shopping.
By Ben Unglesbee • Nov. 27, 2020 -
Daphne Howland/Retail Dive
For some apparel retailers, Q3 was a comeback quarter
The pandemic has complicated an already tough market, but a few players managed to get it right in the period.
By Daphne Howland • Nov. 25, 2020 -
Cara Salpini/Retail Dive
Victoria's Secret lingerie chief out
John Mehas had led the faltering business since February 2019 and has been replaced by L Brands' international business chief, Martin Waters.
By Daphne Howland • Nov. 25, 2020 -
Daphne Howland/Retail Dive
Dick's plans new outdoor concept, Public Lands, for 2021 launch
The retailer plans to open two new stores under the banner next year as it chases campers and kayakers in the COVID-19 era.
By Ben Unglesbee • Nov. 25, 2020 -
J. Crew CEO exits
Jan Singer is leaving, and current Madewell executive Libby Wadle will be stepping into the role — the third executive to take the spot in three years.
By Kaarin Vembar • Nov. 25, 2020 -
Courtesy of Target
'Are there bolder moves we can take?': Ulta president talks Target partnership
Dave Kimbell discusses how the beauty retailer decided on square footage, the number of stores and representing the true experience in a small space.
By Cara Salpini • Nov. 25, 2020 -
How Guitar Center went from jukebox hero to latest pandemic bankruptcy
For years the musical equipment retailer struggled under debt from a private equity buyout. Can Chapter 11 help it turn things around?
By Ben Unglesbee • Nov. 24, 2020 -
Courtesy of Business Wire
Walgreens revamps app, loyalty program
Mobile users can now chat with a pharmacist, book medical care and vaccination appointments and obtain real-time flu alerts.
By Kaarin Vembar • Nov. 24, 2020 -
Dick's CEO Ed Stack to step down in February
Company veteran Lauren Hobart, who joined the company as chief marketing officer in 2011, will take over the top spot.
By Cara Salpini • Nov. 24, 2020 -
Best Buy posts 'blockbuster' Q3 with digital sales up nearly 175%
The electronics retailer has kept up its winning streak amid the pandemic, while its growth bodes well for the U.S. consumer.
By Ben Unglesbee • Nov. 24, 2020 -
Walmart adds to its last-mile arsenal with acquisition of startup assets
The retailer will purchase select properties, including talent and technology, from peer-to-peer delivery firm JoyRun.
By Jeff Wells • Nov. 24, 2020 -
Courtesy of Amazon
With relatively few stores, Amazon touts holiday pickup options
The e-commerce giant is suddenly at something of a disadvantage as fulfillment promptness remains a worry.
By Daphne Howland • Nov. 23, 2020 -
Courtesy of Ugg / Evan Joseph
Ugg opens first flagship in NYC
The retailer will open a fleet of flagship stores internationally starting in 2021.
By Kaarin Vembar • Nov. 23, 2020 -
Why off-price won't change much, even after a pandemic
With apparel sales sliding and e-commerce more important than ever, these retailers were expected to scramble. Their third quarter showed otherwise.
By Daphne Howland • Nov. 23, 2020 -
Retrieved from Caleres on November 20, 2020
Caleres to close 133 Naturalizer stores in shift to digital
Hit by the pandemic, many of the locations under the women's footwear brand had become unprofitable, while more sales were originating online.
By Ben Unglesbee • Nov. 20, 2020 -
Lululemon
Lululemon names new CFO
Meghan Frank has served as co-CFO in the interim since April, and her appointment comes shortly after several exec moves in October.
By Cara Salpini • Nov. 20, 2020 -
Ross keeps customers coming to stores in steady Q3
Profits declined more than 64%, but the off-price retailer stayed in the black and even bested its rivals despite having no e-commerce.
By Daphne Howland • Nov. 20, 2020 -
Cara Salpini/Retail Dive
Victoria's Secret rebound lifts L Brands as Q3 profits soar
While Bath & Body Works for several quarters seemed to be the retailer's only hope, its lingerie brand's new strength is poised to change that narrative.
By Daphne Howland • Nov. 19, 2020 -
RadioShack brand acquired by new owner of Pier 1, Modell's IP
Retail Ecommerce Ventures has been on a buying spree of distressed retail intellectual property.
By Ben Unglesbee • Nov. 19, 2020 -
Daphne Howland/Retail Dive
Despite 'strong' Q3, Macy's operating loss approaches $5B for the year
The retailer's e-commerce rose at a steady clip and brought in new and younger customers, but its stores may be a problem even when they're open.
By Daphne Howland • Nov. 19, 2020 -
Kendall Davis for Retail Dive
Podcast
The Backroom: J.C. Penney's slow ride through bankruptcy
The department store's deal to sell itself to landlords Simon and Brookfield is in its final stages. But the retailer's struggles are far from over.
By Retail Dive Team • Nov. 19, 2020 -
Courtesy of Walmart
Walmart doubles number of personal shoppers for the holidays
The big-box retailer has over 150,000 associates dedicated to filling orders, including grocery.
By Tatiana Walk-Morris • Nov. 19, 2020 -
As pandemic continues, Home Depot and Lowe's continue to reap benefits
Heading into the winter months, analysts don't expect the sales boom to subside as consumers will be forced to stay inside more.
By Caroline Jansen • Nov. 18, 2020 -
Courtesy of Target
Target steals more market share as same-day channels grow 217% in Q3
The retailer posted banner numbers across the board as consumers leaned on its digital-first services, and flocked to its stores, too.
By Ben Unglesbee • Nov. 18, 2020
