Financial News: Page 2


  • A storefront with the words "Kids Foot Locker" on the front.
    Image attribution tooltip
    Permission granted by Foot Locker
    Image attribution tooltip

    Dick’s turnaround at Foot Locker includes store closures, inventory reset

    Dick’s is already testing improvements at 11 Foot Locker stores and named a new head of international for the business.

    By Nov. 25, 2025
  • Dark clouds over a store entrance. A brick-red exterior wall with a "Kohl's" sign.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Image attribution tooltip

    Kohl’s makes progress in Q3 despite sales, profit declines

    Loyal customers are returning more often as turnaround initiatives take hold, though some analysts say bolder change is needed.

    By Nov. 25, 2025
  • Value City Furniture owner files for bankruptcy citing housing crisis

    American Signature Inc. plans to close 33 stores in Chapter 11 and expects to enter into a stalking horse purchase agreement with current equity holders.

    By Nov. 24, 2025
  • Woman sits on couch typing on laptop.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Almost all Gen Zers plan to shop Black Friday week

    While average spending is down, participation in the event is up across generations, an encouraging sign for the blockbuster holiday.

    By Tatiana Walk-Morris • Nov. 24, 2025
  • People and a dog going into a clothing store.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Image attribution tooltip

    Gap recovery outweighs drag from tariffs, Athleta in Q3

    Strength at Gap Inc.’s other brands — not least the comeback at its namesake label — helped the apparel retailer defy expectations in the period.

    By Nov. 21, 2025
  • Products within Bath & Body Works' new Gingham+ store design.
    Image attribution tooltip
    Courtesy of Bath & Body Works
    Image attribution tooltip

    Bath & Body Works CEO: ‘The brand is not fulfilling its potential’

    The retailer’s Q3 results were below expectations. Chief Daniel Heaf says the company needs to go back to what made it great.

    By Nov. 21, 2025
  • A Walmart storefront showcases its refreshed brand identity, with a new typeface and the spark logo set apart as a standalone asset.
    Image attribution tooltip
    Permission granted by Walmart
    Image attribution tooltip
    Column

    The Weekly Closeout: Walmart heads to Nasdaq and October lacks federal sales data

    The move signals the mass merchant’s “tech-powered” growth strategy. Meanwhile, it’s now two months without government data on retail sales.

    By Retail Dive Staff • Nov. 21, 2025
  • Exterior of Walmart store with a sign that reads "grocery" and two cars parked in front.
    Image attribution tooltip
    Sam Silverstein/Retail Dive
    Image attribution tooltip

    Walmart’s e-commerce growth speaks to CEO Doug McMillon’s legacy

    Digital sales jumped 27% globally in Q3 and the U.S. channel is poised to turn a profit this year, demonstrating a core aspect of the exiting chief's omnichannel strategy.

    By Nov. 20, 2025
  • Bath & Body Works' reformulated hand soap collection, whose bottles are made with at least 50% recycled plastic.
    Image attribution tooltip
    Courtesy of Bath & Body Works
    Image attribution tooltip

    Bath & Body Works to launch on Amazon

    The retailer will start with a small assortment of its products on the marketplace next year as it works to capture sales lost to the gray market.

    By Nov. 20, 2025
  • A 'Whirlpool' refrigerator on display at a Lowe's Home Improvement store
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    Home Depot, Lowe’s cut profit guidance as housing market remains pressured

    The home improvement retailers said Q3 results were negatively impacted by a lack of storms and a consumer that remains cautious.

    By Nov. 19, 2025
  • Target storefront in Alexandria, Virginia
    Image attribution tooltip
    Dani James/Retail Dive
    Image attribution tooltip

    Target adds $1B to store, tech investments as it deepens AI usage

    Incoming CEO Michael Fiddelke said he was “frustrated” with the retailer’s performance in Q3, as net sales and comps both declined.

    By Nov. 19, 2025
  • An escalator in a shopping mall during the Christmas and holiday season.
    Image attribution tooltip
    Jon Cherry via Getty Images
    Image attribution tooltip

    Retail roulette: How Trump’s tariffs altered buying

    Ever-changing tariff rates have introduced uncertainty and confusion for retail buyers. But could they also present an opportunity for new supply chain strategies?

    By Nov. 18, 2025
  • An AI retail store image
    Image attribution tooltip
    Permission granted by The Foschini Group
    Image attribution tooltip
    Sponsored by IWD Retail Software

    Clarity that pays: How The Foschini Group leveraged IWD to unlock billions in value

    How The Foschini Group turned visual merchandising chaos into billions in value—with IWD's help.

    By IWD Retail Software • Nov. 17, 2025
  • A Spirit Christmas storefront
    Image attribution tooltip
    Courtesy of Spencer Gifts and Spirit Halloween Superstores
    Image attribution tooltip
    Column

    The Weekly Closeout: Spirit Christmas opens and Revlon develops first Champion fragrance

    The sister brand of Spirit Halloween opened locations across the Northeast and Great Lakes regions, while Champion's scent collection will debut in 2027.

    By Retail Dive Staff • Nov. 14, 2025
  • Warmly lit exterior image of On's Miami store
    Image attribution tooltip
    Courtesy of On
    Image attribution tooltip

    On says tariff-driven price increases have been ‘very well received’

    The athletics brand plans to sell at full price this holiday season and stressed that its affluent customer base is “not price sensitive.”

    By Nov. 14, 2025
  • Basketball star Steph Curry holds a basketball with Under Armour founder Kevin Plank.
    Image attribution tooltip
    Courtesy of Under Armour
    Image attribution tooltip

    Under Armour breaks with Steph Curry as restructuring program expands

    After more than a decade of working together, the NBA star and his Curry Brand will separate from Under Armour.

    By Nov. 14, 2025
  • Underwear and bras on display in a white room.
    Image attribution tooltip
    Courtesy of Skims
    Image attribution tooltip

    Skims valued at $5B as it plans store expansion

    The Kim Kardashian-founded brand raised $225 million in a new funding round and hopes to be a mostly physical business in the near future.

    By Nov. 13, 2025
  • A department entrance at a mall.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Retail basics propel Dillard’s in Q3

    The department store’s strength across categories is less about artificial intelligence and more about merchandising, loyalty and well-run stores.

    By Nov. 13, 2025
  • Funko's headquarters office in Everett, Washington at sunset
    Image attribution tooltip
    The image by Cindy Shebley is licensed under CC BY 2.0
    Image attribution tooltip

    Funko reiterates going concern warning as profits drop

    The toy company in Q3 said that its cash flow may be insufficient to support its working capital needs within the next year.

    By Nov. 12, 2025
  • The storefront of an Ikea in Charlotte, NC
    Image attribution tooltip
    Nate Delesline III/Retail Dive
    Image attribution tooltip

    Ikea profits take a hit from tariffs, affordability effort

    Despite the damage to the bottom line, the home goods giant will continue to tamp down prices for franchisees and customers this year.

    By Nov. 10, 2025
  • Person sits on a couch shopping on an iPad next to a Christmas tree.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Holiday sales to top $1 trillion for the first time: NRF

    Consumers are expected to spend an average of $890 each, marking the second-highest amount in the survey’s 23-year history.

    By Howard Ruben • Nov. 10, 2025
  • A consumer looks at food packaging
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Consumer sentiment slumps to 3-year low on shutdown, economy fears

    The decline in consumer sentiment this month spanned all population categories, including age, income and political affiliation, the University of Michigan found.

    By Jim Tyson • Nov. 10, 2025
  • A display of three pairs of shoes.
    Image attribution tooltip
    Courtesy of Allbirds
    Image attribution tooltip

    Allbirds leans on new product launches to stoke turnaround

    The footwear brand’s legacy styles are fading as marketing focuses on performance and design innovations, contributing to a revenue miss in Q3.

    By Nov. 7, 2025
  • A basketball shoe on a black background.
    Image attribution tooltip
    Courtesy of Reebok
    Image attribution tooltip
    Column

    The Weekly Closeout: Nike vet joins Reebok and could AI boost the mall?

    Daniel Schachne, who also has a history with Jordan, will oversee the brand’s growth strategy. Meanwhile, David Simon sees at least one potential benefit from the AI shift.

    By Retail Dive Staff • Nov. 7, 2025
  • People walk past an Under Armour storefront with mannequins in athleticwear on display.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Under Armour CFO to exit next year

    Dave Bergman has spent 21 years with the retailer, nine of them as its financial chief, and will be replaced by Samsonite executive Reza Taleghani.

    By Nov. 6, 2025