Will Macy’s follow Sears to the retail graveyard?

The iconic department store could thrive as a smaller, more focused retailer, but a potential buyout would make a transformation unlikely, analysts say.

By Daphne Howland • Dec. 15, 2023

Farfetch gets Moody’s downgrade

The firm gave the luxury platform a rating of “poor standing” and “subject to very high credit risk” after the company canceled its Q3 earnings call.

By Laurel Deppen • Dec. 14, 2023

Hasbro slashes 1,100 jobs amid tepid toy sales

The challenges of the first nine months of the year have persisted, and will likely continue into 2024, CEO Chris Cocks told employees.

By Daphne Howland • Dec. 12, 2023

5 retailers that need a strong finish for the year

These retailers have borrowed heavily, delivered soft performance, seen substantial leadership turnover or operate in a heavily discretionary sector. Can they turn themselves around?

By Nate Delesline III • Dec. 12, 2023

Torrid Q3 net sales drop, swings to net loss

The apparel and accessories brand updated its full-year guidance again and permanently appointed Paula Dempsey as its new CFO.

By Dani James • Dec. 8, 2023

Despite Black Friday blockbuster, Lululemon maintains its holiday outlook

The brand continues to defy expectations, but may finally be approaching a plateau as competition rises and consumers remain cautious.

By Daphne Howland • Dec. 8, 2023

The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M

The accessories retailer opened a store in Mexico City, while the toy company, known for its plush stuffed animals, teamed up with H&M for a collection.

By Retail Dive Staff • Dec. 8, 2023

Chewy names new CFO

The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.

By Caroline Jansen • Dec. 7, 2023

GameStop sales slide 9% but loss narrows

The video game retailer this week gave CEO Ryan Cohen authority to manage the company's investment portfolio in public and private markets.

By Nate Delesline III • Dec. 7, 2023

Hundreds of new stores help push Dollar General sales up 2.4%

But the discount retailer is cutting back its expansion plans for next year as it aims to turn its business around.

By Daphne Howland • Dec. 7, 2023

Lovesac Q3 net sales jump 14.3% amid store growth

The furniture brand — which is facing an SEC investigation due to accounting errors — reported showroom net sales increased 18.9%.

By Dani James • Dec. 6, 2023

Stitch Fix sales and customer count decline further, but loss narrows

The apparel box e-retailer kept a grip on expenses and is making major operational changes to boost sales and profits, executives said Tuesday.

By Daphne Howland • Dec. 6, 2023

Can Lululemon maintain its momentum?

Ahead of the brand’s Q3 report this week, Wells Fargo analysts downgraded their stock outlook, while other analysts raised their price targets.

By Daphne Howland • Dec. 5, 2023

Joann raises cost savings target to $225M

The craft retailer is working to improve its cash flow, but its $1 billion-plus debt load remains a concern.

By Nate Delesline III • Dec. 5, 2023

Amyris auctions off Biossance for $20M

The company also found successful bidders for three other brands, including Pipette, as it undergoes bankruptcy proceedings. 

By Dani James • Dec. 4, 2023

Brooks Running posts record 14% increase in Cyber Monday sales

Nearly half of those sales were from new customers. The athletics brand also reported an 8% year-over-year increase in online sales on Black Friday.

By Howard Ruben • Dec. 4, 2023

EBay invests in sports trading card company COMC

The two companies also entered a commercial agreement as eBay continues to grow its presence in the category. 

By Tatiana Walk-Morris • Dec. 4, 2023

Activewear brand Bandier seeks buyer for IP, assets

After facing headwinds, including supply chain challenges, the brand is now conducting an expedited sale process through a bankruptcy alternative.

By Dani James • Dec. 1, 2023

Big Lots’ net sales fall nearly 15% in Q3

The retailer also announced two new executives, including a chief stores officer and a leader of extreme value sourcing.

By Nate Delesline III • Dec. 1, 2023

Ulta CFO to retire amid 6.4% sales growth

Scott Settersten, who has held the role for more than a decade, will leave in April. Senior Vice President of Finance Paula Oyibo will replace him.

By Cara Salpini • Dec. 1, 2023

Express CEO acknowledges merchandising missteps

Sales and comps fell at the company’s namesake banner and UpWest, but the Bonobos acquisition pushed overall sales up 5%.

By Nate Delesline III • Nov. 30, 2023

Victoria’s Secret swings to $71M loss in Q3

A revamped loyalty program is delivering results, but the company’s marketing has become confusing, some analysts say.

By Daphne Howland • Nov. 30, 2023

The Backroom: What’s the deal with EBITDA?

The earnings metric is widely used despite criticism that it can cloud the true picture. What companies emphasize it, and why?

By Retail Dive Staff • Nov. 30, 2023

Dollar Tree may shrink Family Dollar footprint: CEO

Rick Dreiling said the company has initiated a comprehensive review of its Family Dollar banner after it missed expectations in Q3.

By Nate Delesline III • Nov. 29, 2023

Foot Locker beats expectations, but sales continue to tumble

In Q3, sales fell 8.6% and net income plummeted 71% as the retailer closes stores and looks for avenues to turn itself around.

By Cara Salpini • Nov. 29, 2023