Financial News: Page 4
-
Home Depot alum takes Yeti CFO seat
Retail veteran Scott Bomar joins the Austin, Texas-based company as it looks to accelerate international sales momentum.
By Grace Noto • Feb. 23, 2026 -
Walmart grocery penetration reaches record-breaking 72%
This significant uptick and the overall momentum of mass retailers and dollar stores are fueled by ongoing financial insecurity among U.S. shoppers, according to a new report.
By Peyton Bigora • Feb. 23, 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 -
Supreme Court invalidates Trump tariffs based on emergency powers
In a 6-3 decision, the court rejected President Trump's claim that a 1977 law gave him the authority to impose broad tariffs globally.
By Antone Gonsalves • Feb. 20, 2026 -
Aritzia snaps up Fred Segal
The fashion company acquired the brand and leased the Fred Segal flagship store in Los Angeles, with an eye toward renovation.
By Kaarin Moore • Feb. 20, 2026 -
Column
The Weekly Closeout: New Balance hits record sales in 2025, Chinese Laundry acquired
The sportswear brand brought in $9.2 billion in annual sales, while the apparel company and its sibling brands were added to Gordon Brothers’ portfolio.
By Retail Dive Staff • Feb. 20, 2026 -
Ace Hardware revenue hits record $10B for the year
The revenue growth was fueled by the home improvement retailer’s digital business growing nearly 30%.
By Tatiana Walk-Morris • Feb. 20, 2026 -
Walmart furthers gains with higher-income shoppers
The retailer released a conservative outlook as lower-income households remain stretched, with CEO John Furner saying some spend “paycheck to paycheck."
By Dani James • Feb. 19, 2026 -
EBay will acquire Depop from Etsy for $1.2B
The U.K. apparel resale site, whose U.S. sales surged 60% last year, was a drag on Etsy’s margins.
By Daphne Howland • Feb. 19, 2026 -
Wayfair records first annual revenue gain since the pandemic
The retailer outpaced the broader sector in the U.S., which faces a sluggish housing market, high interest rates and tariffs on furniture imports.
By Caroline Jansen • Feb. 19, 2026 -
Saks Global faces more rent disputes amid bankruptcy
A group of mall landlords says as much as $19 million in unpaid rent piled up in the two weeks after the luxury department store's Chapter 11 filing.
By Daphne Howland • Feb. 18, 2026 -
Retrieved from Brett Jordan from Pexels.
Pinterest ‘not satisfied’ with Q4 revenue, points to tariffs
The company said large retailers have been disproportionately impacted by tariffs and thus have been pulling back on ad spend in order to protect margins.
By Tatiana Walk-Morris • Feb. 18, 2026 -
Pat McGrath Labs secures $30M financing
The fresh capital comes from an existing lender. Meanwhile, founder Patricia McGrath will become chief creative officer as part of a Chapter 11 restructuring deal.
By Dani James • Feb. 17, 2026 -
6 brands to watch in 2026
From Mango to Cyklar, legacy and emerging brands alike are leaning on physical retail to win over customers.
By Caroline Jansen • Feb. 17, 2026 -
As 2026 kicks off, these retailers are vulnerable to bankruptcy
As the industry enters another year marked by tariffs and falling consumer sentiment, retailers including J. Crew and Guitar Center face risks.
By Cara Salpini • Feb. 17, 2026 -
TikTok Shop spurs Crocs, Heydude DTC sales
Overall, Crocs finished 2025 with a Q4 that beat expectations, and executives even expect struggling Heydude to return to growth later this year.
By Daphne Howland • Feb. 13, 2026 -
Column
The Weekly Closeout: Tree Hut’s Gen Alpha brand — and will Lululemon’s new training line hit?
The body care company is launching “Splash” to appeal to a younger audience, while the activewear brand is pushing past its latest leggings snafu to debut a new fabric.
By Retail Dive Staff • Feb. 13, 2026 -
Altar’d State owner bids $7M on Francesca’s IP
Stand Out For Good, which operates the faith-based retailer, has emerged as the stalking horse bidder in Francesca's latest Chapter 11 case.
By Dani James • Feb. 11, 2026 -
Warby Parker taps Macy’s vet as CFO
Adrian Mitchell, who has more than two decades of leadership experience, most recently served as Macy’s chief financial and operating officer.
By Caroline Jansen • Feb. 10, 2026 -
Brooks Running revenue up 16% in 2025
The retailer posted its ninth consecutive year of growth and took the No. 1 market position in performance running footwear at U.S. specialty retail in Q4.
By Howard Ruben • Feb. 10, 2026 -
Under Armour CEO: ‘Most disruptive’ phase of turnaround is over
Revenue in Q3 was down 5% to $1.3 billion, but executives believe declines in North America have hit the bottom of their trajectory.
By Cara Salpini • Feb. 6, 2026 -
Amazon’s Q4 retail sales grow amid broadening assortment
The e-commerce giant will continue to carry luxury offerings, though everyday essentials were one out of every three units sold in fiscal 2025.
By Dani James • Feb. 6, 2026 -
Canada Goose picks longtime executive to lead North America
Patrick Bourke has been at the brand for a decade and replaces Ana Mihaljevic as president of that business, where sales grew 20% at the holidays.
By Daphne Howland • Feb. 5, 2026 -
Border patrol, Canadian ire dampening traffic at Simon malls
CEO David Simon on Monday said he expects tariffs to continue to weigh on retailers this year, but shrugged off the impact of bankruptcies.
By Daphne Howland • Feb. 5, 2026 -
Peloton lays off 11% of workforce
The move is part of the company’s previously announced restructuring plan that aims to generate $100 million in cost savings by the end of fiscal 2026.
By Caroline Jansen • Updated Feb. 4, 2026 -
Adidas plans share buyback as 2025 sales reach record high
The activewear giant will purchase up to 1 billion euros of its shares as revenue reached almost $30 billion.
By Cara Salpini • Jan. 30, 2026