Party City IP, wholesale operations to be acquired for $20M

An affiliate of Ad Populum is buying the party retailer's IP, but Dollar Tree and Five Below emerged as top bidders for the company's store leases.

By Nate Delesline III • Feb. 11, 2025

Skechers reaches record growth, but stock tumbles following weak outlook

The footwear giant is also preparing to change its sourcing strategies amid tariff challenges.

By Laurel Deppen • Feb. 10, 2025

The Weekly Closeout: Beyond closes Kirkland’s deal — and a very beary Valentine’s Day

The two home retailers finalized their investment deal, while Build-A-Bear expanded its long-running “After Dark” collection.

By Retail Dive Staff • Feb. 7, 2025

Amazon’s faster delivery, lower prices drive holiday sales boom

As stores offer empty shelves and locked-up merchandise, the e-commerce giant makes itself convenient to budget-minded shoppers.

By Daphne Howland • Feb. 7, 2025

Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to Somnigroup

A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three decentralized business units and the largest bedding company in the world.

By Daphne Howland • Feb. 6, 2025

Under Armour e-commerce sales fall 20% as it pulls back on promotions

Still, overall revenue came in better than expected and CEO Kevin Plank said the brand has more wholesale partnerships in the works.

By Cara Salpini • Feb. 6, 2025

Peloton sales fall 9% in Q2 as memberships slide

With a new CEO, the fitness brand is focused on expanding its core audience and distribution network.

By Caroline Jansen • Feb. 6, 2025

Costco’s ‘voice’: The long goodbye

Richard Galanti retired from the warehouse club on Jan. 30, after pivoting to an advisory role following his departure from the CFO seat he held for roughly four decades.

By Maura Webber Sadovi • Feb. 6, 2025

Estée Lauder warns of up to 7,000 job cuts globally

The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.

By Nate Delesline III • Feb. 4, 2025

China responds to Trump with added tariffs on certain products

The duties are set to take effect Feb. 10 and come just a day after last-minute deals with Mexico and Canada delayed tariffs in those countries.

By Max Garland • Feb. 4, 2025

Walgreens suspends dividend in latest cost-cutting measure

The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.

By Nate Delesline III • Jan. 31, 2025

Deckers to phase out Koolaburra

The move comes as higher-priced Ugg gains strength, notching $2.2 billion in net sales in the last fiscal year and $1.2 billion in this year’s Q3 alone.

By Daphne Howland • Jan. 31, 2025

UPS to cut Amazon volume by more than 50%

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

By Max Garland • Jan. 31, 2025

Levi’s braces for effects of economic uncertainty on consumers

The denim brand shrugged off tariffs thanks to its diverse sourcing, but warned its outlook could sour if inflation and other pressures worsen.

By Daphne Howland • Jan. 30, 2025

Walmart Canada to invest $4.5B in stores, supply chain over the next 5 years

As part of the initiative, the retailer plans to open a distribution center in the spring and five supercenters by 2027.

By Nate Delesline III • Jan. 30, 2025

VF returns to growth after 2 years of declines

The Vans owner attributed the better-than-expected Q3 revenue to stronger DTC sales and “outsized wholesale performance.”

By Laurel Deppen • Jan. 30, 2025

The Container Store exits bankruptcy

The retailer used Chapter 11 to shed nearly $88 million in debt and will go forward as a privately held company owned by its lenders.

By Nate Delesline III • Jan. 29, 2025

Canada Goose taps former Stella McCartney chief merchant to lead global merchandising

Judit Bankus, who spent eight years at Burberry and helped found the Karl Lagerfeld brand, will work closely with Creative Director Haider Ackermann.

By Daphne Howland • Jan. 28, 2025

What holiday sales mean for 2025

Uncertainties persist, but five years after the pandemic lockdown, this year may at last mark a return to normal.

By Daphne Howland • Jan. 27, 2025

The Weekly Closeout: Puma eyes ‘efficiency program,’ Adidas could cut jobs

Puma wants to improve operations and cut costs in the name of profitability, while Adidas said its operating model is too complex.

By Retail Dive Staff • Jan. 24, 2025

Private label sales hit record in 2024

Store brand sales increased nearly 4% to $271 billion, according to a new report from the Private Label Manufacturers Association.

By Catherine Douglas Moran • Jan. 23, 2025

Books Inc. files for Chapter 11

The California-based retailer said the pandemic kicked off years of falling revenue and rising costs. It will close at least one store but stay in business.

By Nate Delesline III • Jan. 23, 2025

Vince Holding Corp. sells majority stake to P180, former CEO returns

Brendan Hoffman, formerly of Wolverine World Wide, is returning to the top spot at Vince after holding the role from 2015 to 2020.

By Laurel Deppen • Jan. 23, 2025

Trump eyes 10% China tariff hike by Feb. 1

The president floated a similar timeline for 25% tariffs on Canada and Mexico.

By Philip Neuffer • Jan. 23, 2025

Walmart invests in automation as it sells robotics arm

The retail giant will fund the buildout of more than 400 accelerated pickup and delivery centers as part of its agreement with Symbotic.

By Philip Neuffer • Jan. 22, 2025