Financial News

  • A red Levi's tab sign against a bright blue sky.
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    Daphne Howland/Retail Dive
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    Levi’s says it could double its US store count

    The company runs nearly 460 Levi’s locations in the Americas and will soon run 14 Beyond Yoga stores.

    By • Oct. 10, 2025
  • A person on a motorcycle wearing a helmet rides by a store with pillars.
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    Daphne Howland/Retail Dive
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    Designer Brands CFO to exit

    Jared Poff will depart after a decade with the shoe company, leaving it to search for a successor and tap an interim principal financial officer.

    By • Oct. 10, 2025
  • A Hydro Flask water bottle.
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    "Hydro Flask" by Tony Webster is licensed under CC BY 2.0
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    Column

    The Weekly Closeout: Adidas bets on safety footwear, Helen of Troy swings to a loss

    The athletics company partnered with Glo Brands BV, while the OXO and Hydro Flask parent company posted a Q2 loss exceeding $308 million.

    By Retail Dive Staff • Oct. 10, 2025
  • A white truck is parked in front of a Lowe's store on a clear, bright day.
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    Daphne Howland/Retail Dive
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    Lowe’s closes on deal to acquire Foundation Building Materials

    The deal better positions the home improvement retailer with its professional customers. 

    By • Oct. 10, 2025
  • Puffy clouds in a blue sky frame a storefront that says "Bed Bath & Beyond" in large dark letters.
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond Inc. announces franchise plan

    The company suggested franchisees use a platform it’s invested in to tokenize assets, potentially in lieu of traditional small business government financing.

    By • Oct. 7, 2025
  • A group of people stand evenly spaced apart stretching on a gray ground.
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    Courtesy of NikeSkims
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    Nike CEO touts ‘tangible progress’ as revenue rises 1% in Q1

    Three priority areas — running, North America and wholesale — all posted growth in the quarter.

    By • Oct. 1, 2025
  • Lululemon storefront.
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    Kaarin Vembar/Retail Dive
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    De minimis elimination strains Lululemon’s fulfillment model

    The retailer expects a $240 million gross profit hit this year stemming from tariffs and the end of the duty exemption.

    By Max Garland • Sept. 29, 2025
  • The Amazon Prime app is seen on a mobile phone.
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    Getty Images via Getty Images
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    Amazon to pay $2.5B settlement over ‘deceptive’ Prime membership allegations

    The online retailer didn't admit to any wrongdoing regarding the FTC's accusation that the company duped customers into signing up for memberships and then made it difficult to cancel.

    By Kristen Doerer • Sept. 26, 2025
  • The exterior of Arc'teryx's store in New York City.
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    Courtesy of Jesse Liaw
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    Column

    The Weekly Closeout: Muji launches skin care and Arc’teryx aims for $5B in sales

    The Japanese retailer is debuting a serum and a lotion. Meanwhile, the outdoors brand rolled out a series of goals for 2030.

    By Retail Dive Staff • Sept. 26, 2025
  • A Carter's Babies and Kids storefront with a blue sky
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    The image by Mike Mozart is licensed under CC BY 2.0
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    Carter’s adopts poison pill after hedge fund amasses nearly 17% of shares

    The children’s apparel retailer moved to avert a hostile takeover after an investment firm disclosed its stock purchase to federal regulators.

    By • Sept. 24, 2025
  • The outside of an Office Depot store.
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    Joe Raedle / Staff via Getty Images
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    Office Depot owner to go private for $1B

    The ODP Corporation has agreed to be bought by an affiliate of private equity group Atlas Holdings for $28 per share in cash.

    By • Sept. 22, 2025
  • A Saks store in Chicago.
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    Kaarin Moore/Retail Dive
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    Column

    The Weekly Closeout: Saks Fifth Avenue merchant exits, RH sees Q2 gains despite tariffs

    After two decades at the department store, Will Cooper is leaving, while the home goods retailer saw net income improve nearly 80% in the second quarter.

    By Retail Dive Staff • Sept. 19, 2025
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    Daphne Howland/Retail Dive
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    Claire’s acquisition closes with plans for smaller store footprint

    Ames Watson wants to keep the piercing retailer's mall locations relevant through upgraded merchandising, piercing services and store concepts.

    By • Sept. 19, 2025
  • People pass by a Rent the Runway store.
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    Michael M. Santiago via Getty Images
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    Rent the Runway says its CX efforts are paying off. The financials aren’t as rosy.

    The clothing rental company saw active subscriber growth and improved NPS, but reported a net loss of $26.4 million and increased prices for subscriptions.

    By Kristen Doerer • Sept. 18, 2025
  • A man wearing a blue beanie from Love Your Melon
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    Courtesy of Love Your Melon
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    Love Your Melon to relaunch after founder reacquires brand

    Zachary Quinn bought back the company, known for its beanie caps, that Win Brands Group acquired in 2022.

    By Howard Ruben • Sept. 18, 2025
  • A beige Kirkland's storefront.
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    "Kirkland’s Hialeah" by Phillip Pessar is licensed under CC BY 2.0
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    Kirkland’s to convert all stores to Bed Bath & Beyond, pivot to wholesale

    The home retailer will rebrand about 250 to 275 of its current locations, close the rest and open more in traditional Bed Bath & Beyond markets.

    By • Sept. 17, 2025
  • Two people with shopping bags, walking down the street on a snowy day.
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    Getty Images
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    The holidays should be OK for retailers that try hard enough

    Sustaining robust sales growth into Q4 will mean sharp vendor negotiations — and a keen understanding of the customer, analysts say.

    By • Sept. 17, 2025
  • Walmart storefront.
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    Kaarin Vembar/Retail Dive
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    Retailers battle the rising costs of medical, liability claims

    Second quarter earnings results across the industry showed that heightened claims costs are impacting even the strongest performers.

    By • Sept. 17, 2025
  • A slightly tilted image of a storefront, closeup, with the words "Bed Bath & Beyond."
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond acquires Kirkland’s Home for $10M

    The deal, which includes the Kirkland's Home trade name and some brand assets, will see Kirkland’s expand into wholesale.

    By • Sept. 15, 2025
  • A rack of shirts on hangers.
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    Matt Winkelmeyer via Getty Images
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    VF Corp. to sell Dickies for $600M

    Bluestar Alliance, which in recent years has added Off-White, Palm Angels and Scotch & Soda to its stable, has agreed to buy the workwear brand.

    By • Sept. 15, 2025
  • An assortment of Byoma's toner, oil and eye gel products.
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    Courtesy of Byoma
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    Bansk Group acquires majority stake in skin care brand Byoma

    The brand will continue to be led by founder and CEO Marc Elrick following the close of the deal.

    By Howard Ruben • Sept. 12, 2025
  • A pile of $100 bills
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    Getty Images
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    Inflation speeds up to 2.9%, fastest pace in 2025, as job market slows

    The CPI data showed that the highest U.S. tariffs since the 1930s are pushing up prices across the economy.

    By Jim Tyson • Sept. 12, 2025
  • The Chewy.com website.
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    Joe Raedle / Staff via Getty Images
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    Chewy wants to make Chewy+ the top pet membership program

    “We see this program in line with an Amazon Prime or Costco membership or Walmart+, with similar benefits and similar returns,” CEO Sumit Singh said.

    By Bryan Wassel • Sept. 12, 2025
  • A woman browses an ecommerce site in front of a Christmas tree.
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    Getty Images
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    Gen Z pullback could send holiday sales down 5%: PwC

    Older generations are cutting back a bit or even spending more, but these younger consumers’ budgets are down nearly a quarter, the firm found.

    By • Sept. 11, 2025
  • Klarna BNPL IPO NYSE buy now pay later Walmart
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    Courtesy of Klarna Group
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    Klarna counts on retailers for growth

    The buy now, pay later giant says the availability of its services at retailers such as Walmart and Macy’s correlates strongly to future growth.

    By Justin Bachman • Sept. 11, 2025