From Warby Parker to On, here’s how disruptors are doing post-IPO

Some brands whose stock boomed thanks to pandemic-era trends are now trading at less than $5.

By Dani James • Oct. 3, 2023

Birkenstock sets sights on valuation of up to $9.2B

As its revenue continues to increase, the footwear brand expects its IPO pricing to be between $44 and $49 per ordinary share.

By Dani James • Oct. 3, 2023

Credit card debt tops $1 trillion, before the holidays even arrive

Retailers may feel the pinch, especially those whose own store cards are facing rising delinquencies and a potential cap on late fees.

By Daphne Howland • Oct. 2, 2023

Newell Brands, former CEO to pay fines over SEC charges of misleading investors

The Yankee Candle owner will shell out $12.5 million in a settlement as it continues to suffer sales and profit declines.

By Daphne Howland • Oct. 2, 2023

Blue Apron to be acquired by Wonder Group

The food tech company founded by former Walmart e-commerce executive Marc Lore is buying the meal kit company for about $103 million — a fraction of what it was worth when it went public in 2017.

By Catherine Douglas Moran • Oct. 2, 2023

11 retailers at risk of bankruptcy in 2023

From Joann and Rite Aid to Petco and The Container Store, here’s who’s most at risk in the next 12 months.

By Cara Salpini • Oct. 2, 2023

Nike says better profitability is on the horizon as net income edges down in Q1

Chief Financial Officer Matt Friend said the retailer expects to be “a more direct and a more digital company and a more profitable company” going forward.

By Cara Salpini • Sept. 29, 2023

The Weekly Closeout: Lee launches unisex collection and Barbie fever hits Wrangler

The genderless line was created with Chinese streetwear brand Roaringwild. Meanwhile, the blockbuster movie inspired a 40-piece collection.

By Retail Dive Staff • Sept. 29, 2023

Sycamore to buy Chico’s for $1B

The agreement strikes a deal that eluded the private equity firm four years ago, despite repeated attempts then to acquire the women’s apparel retailer.

By Daphne Howland • Sept. 28, 2023

As US consumers slow down, Walmart is muscling out its competition

The retail giant is embracing strategies previously mastered by Target, Amazon and others, and that’s paying off, various analysts report.

By Daphne Howland • Sept. 27, 2023

Shoe Carnival CFO exits after 5 months

Patrick Edwards was named the company's new chief financial officer — the third person to serve in the role this year.

By Nate Delesline III • Sept. 26, 2023

Rite Aid could close hundreds of stores in possible bankruptcy: WSJ

The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported.

By Nate Delesline III • Sept. 25, 2023

J.C. Penney Q2 sales, profits slide

Still, margins expanded, inventory is down, store traffic is up and the department store remains in the black.

By Daphne Howland • Sept. 25, 2023

Meati Foods reduces staff by 10% as it focuses on profitability

The fermented meat company said the layoffs were not a result of the demand it has seen for its products.

By Elizabeth Flood • Sept. 25, 2023

Why EBITDA has such a strong hold on retail

Is it the “Wild West” of measures or a fair predictor of long-term success? Either way, retailers won’t quit talking about EBITDA.

By Dani James • Sept. 25, 2023

The Weekly Closeout: True Religion expands internationally and The Container Store’s CEO takes a pay cut

The apparel retailer will soon have 26 markets outside of the U.S., while Satish Malhotra temporarily reduced his salary to offset employee pay raises.

By Retail Dive Staff • Sept. 22, 2023

Instacart makes long-awaited public market debut

The company priced its IPO at $30 per share as it prepared to list under the ticker symbol “CART” on Tuesday, putting its valuation at just below $10 billion.

By Catherine Douglas Moran • Sept. 19, 2023

Stitch Fix cost cuts pay off as Q4, full-year losses narrow

But sales declines continue, and the apparel box retailer has decided to shutter its U.K. operation by the end of its first quarter.

By Daphne Howland • Sept. 19, 2023

Instacart lifts target IPO share price range

The grocery tech company now expects its shares to fetch between $28 and $30 each, which would raise between $616 million and $660 million for the firm when it goes public.

By Catherine Douglas Moran • Sept. 18, 2023

Goodles refreshes leadership as it brings in $13M in Series A funding

The food brand known for its “better-for-you” boxed mac and cheese named a new CFO, chief marketing officer and senior vice president of sales.

By Howard Ruben • Sept. 18, 2023

Birkenstock revenue up 21% so far this year

The footwear brand's updated F-1 filing showed a year-over-year decrease in net profit for the nine months ended June 30. 

By Dani James • Sept. 18, 2023

Personalized skin care brand Proven raises $12.2M

With the fresh funding, the company will launch new products for its Proven Skincare and Noteworthy brands, as well as expand its team.

By Howard Ruben • Sept. 15, 2023

The Weekly Closeout: Amazon moves into former Lord & Taylor building, Belk celebrates 135 years

The e-commerce giant took over the New York City space previously occupied by the department store, while Belk plans a party in honor of its first location.

By Retail Dive Staff • Sept. 15, 2023

Holiday sales predicted to rise by 3.5%: Deloitte

That’s slower than last year, as the research firm expects inflation’s impact to moderate and shoppers to have fewer pandemic-era savings.

By Tatiana Walk-Morris • Sept. 14, 2023

Birkenstock files for IPO as it eyes global growth

Private equity firm L Catterton will control a majority of voting power on outstanding shares.

By Dani James • Sept. 13, 2023