Financial News: Page 3


  • Shoe Carnival storefront from Mesquite
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    Permission granted by Shoe Carnival
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    Shoe Carnival scales back rebrand

    In some areas customers didn’t react well to merchandising changes after stores were converted to the Shoe Station banner.

    By March 27, 2026
  • Outside storefront image of The Home Depot
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    Courtesy of The Home Depot
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    Column

    The Weekly Closeout: Gabe’s in search of top leadership and Home Depot’s latest acquisition

    After avoiding bankruptcy, the off-pricer’s CEO and a few CFOs have left. Meanwhile, the home improvement retailer bought Mingledorff’s.

    By Retail Dive Staff • March 27, 2026
  • Trendline

    The direct-to-consumer landscape in retail

    More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.

    By Retail Dive staff
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: Consumer resilience in trying times

    Katie Thomas of the Kearney Consumer Institute talks about nuances in the K-shaped economy that help explain why discretionary retail sales have remained strong despite shoppers’ wariness.

    By Retail Dive Staff • March 26, 2026
  • A GameStop location.
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    Daphne Howland/Retail Dive
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    GameStop closed over 700 stores last year

    That amounts to more than 1,300 over the past two fiscal years, though the gaming retailer said it doesn’t expect any major footprint reductions in 2026. 

    By March 26, 2026
  • A store entrance on a sunny day.
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    Courtesy of Nordstrom
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    Nordstrom to close 2 full-line stores despite top-line strength last year

    Anchors at malls in Delaware and Texas will close this spring, but the off-price Rack fleet continues to grow, with plans to add 23 locations in 2026.

    By March 25, 2026
  • A person walking by a Bark sign
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    Courtesy of Bark
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    Bark won’t go private, for now

    The online pet company said one recent take-private proposal was withdrawn and another "did not adequately reflect the value of the company."

    By March 23, 2026
  • A Dollar Tree storefront with parked cars and blue skies
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    Nate Delesline III/Retail Dive
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    Wealthy consumers are heading to dollar stores

    Inflation pushed dollar stores to expand their price points. Higher-income shoppers, pressured by the same headwind, came along for the ride.

    By March 23, 2026
  • A mall entrance to a clothing store named "Torrid."
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    Daphne Howland/Retail Dive
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    Torrid has more to prove as Q4 sales tumble 14%

    As part of its turnaround the women’s plus retailer closed more than 150 stores and brought lower price points to nearly a third of its assortment.

    By March 20, 2026
  • Exterior shot of a DXL store.
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    Daphne Howland/Retail Dive
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    Destination XL hit by ‘volatility’ of GLP-1 usage

    The plus-size apparel retailer reported Q4 total sales decreased 6% and expects the merger with FullBeauty Brands to close in the second quarter. 

    By March 20, 2026
  • Underground entrance to the Ikea shopping center in Barcelona, Spain on March 5, 2024.
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    Getty Images
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    Top Ikea operator eyes 800 job cuts

    Ingka Group CEO Juvencio Maeztu said the company has “grown too complex in a retail environment that requires speed and agility.”

    By March 19, 2026
  • A person walks toward a store entrance.
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    Daphne Howland/Retail Dive
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    Five Below delivers strongest holiday performance since going public

    The discount retailer's Q4 net sales soared over 24% compared to a year ago. CEO Winnie Park says expanded pricing will continue to play a pivotal role.

    By March 19, 2026
  • A person with glasses wearing a dark jacket.
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    Screenshot: National Retail Federation/YouTube

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    NRF forecasts 4.4% retail sales growth this year despite rising uncertainty

    The group acknowledged a softening labor market, persistent inflation and fallout from geopolitical tensions, but said “underlying fundamentals” and higher tax refunds should boost consumers.

    By March 19, 2026
  • People walking by Bloomingdale's New York City store.
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    Daphne Howland/Retail Dive
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    Bloomingdale’s takes share from Saks Global, lifts Macy’s Inc. in Q4

    “The vendor community has rallied around Bloomingdale's like never before,” Macy’s Inc. CEO Tony Spring told analysts Wednesday.

    By March 18, 2026
  • Two mannequins at the foot of a red set of stairs in Lululemon's SoHo store.
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    Courtesy of Lululemon
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    Lululemon adds Chip Bergh to board as North America revenue declines

    The appointment is a “key acquiescence” to the demands of founder Chip Wilson, though he called the decision “underwhelming.”

    By March 18, 2026
  • Beige storefront with red lettering saying Bob's Discount Furniture
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    Courtesy of Bob's Discount Furniture press kit
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    Bob’s Discount Furniture posts 17% revenue gain in 2025, plots store openings

    Fresh off its IPO, the furniture retailer represents a bright spot in an otherwise challenged home sector.

    By March 18, 2026
  • A Family Dollar store in Moab, Utah.
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    Kaarin Vembar/Retail Dive
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    Family Dollar to pilot extra small store format in urban markets

    Fresh off its separation from Dollar Tree, the discount chain is pursuing a turnaround that includes 70 initiatives across various departments.

    By March 18, 2026
  • The exterior of Ernesta's showroom in Bethesda, Maryland.
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    Courtesy of Ernesta
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    Ernesta secures $20M to fuel store expansion

    The DTC rug brand plans to use the fresh capital to expand its brick-and-mortar footprint and improve its technology platform.

    By Howard Ruben • March 17, 2026
  • People walking past a city department store building.
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    Daphne Howland/Retail Dive
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    Saks Global snags final $300M in bankruptcy financing, nears home stretch

    An ad hoc group of senior secured bondholders has approved the luxury retailer’s five-year plan, aiming for double-digit adjusted EBITDA margin and profitable growth.

    By March 17, 2026
  • Close-up of young woman hand using smartphone
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    Getty Images
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    The US consumer is hitting a rough patch

    Even before the Iran war’s oil price spikes, people were getting more cautious about spending. That means buying less from retailers.

    By March 17, 2026
  • A green store banner says "Dollar Tree" against a hazy blue sky.
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    Daphne Howland/Retail Dive
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    Dollar Tree traffic declines, again

    CEO Mike Creedon attributed the traffic declines to the retailer's restickering efforts, which the executive said are largely complete.

    By March 16, 2026
  • An orange and white Ulta Beauty storefront with a tree in front
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    Dani James/Retail Dive
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    Ulta to launch on TikTok Shop with curated assortment

    The beauty retailer's Q4 net sales grew nearly 12%, though industry analysts questioned the retailer's "softer" fiscal 2026 comp guidance.

    By March 13, 2026
  • A Foot Locker store in downtown Chicago
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    Kaarin Moore/Retail Dive
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    Dick’s pulls back on Foot Locker closures amid store pilot success

    A new format is performing so well that Dick’s plans to expand it to 250 Foot Locker stores by this fall — and will shutter a “much smaller” list of locations.

    By March 13, 2026
  • An Amazon Prime delivery being made
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    Courtesy of Amazon
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    Column

    The Weekly Closeout: Amazon notches a win against Perplexity, Reebok reenters soccer

    The e-commerce giant got a temporary order blocking access for Perplexity’s AI shopping agents, while the athletics brand signed two professional soccer players.

    By Retail Dive Staff • March 13, 2026
  • Three large beds in a light-filled room.
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    Courtesy of Sleep Number
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    Sleep Number issues going concern warning, says bankruptcy is possible

    The mattress maker’s turnaround has been slow, mired in debt and liquidity issues, but is picking up speed under new leadership.

    By March 13, 2026
  • Two black and pink fabric bags with floral patterns against a pink backdrop
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    Courtesy of Vera Bradley
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    Vera Bradley names Coach vet CEO

    Ian Bickley, previously executive chairman, has been pushing forward the company’s transformation initiatives.

    By March 13, 2026