ThredUp, chasing profitability, tests consignment fees

The resale site reports softer sales in a promotional apparel environment but expects to break even later this year.

By Daphne Howland • March 7, 2023

J.C. Penney hasn’t had to release its finances since 2020. Here’s how the retailer is doing.

The department store insists it’s on a “strong financial footing,” but filings show ongoing volatility under its post-bankruptcy ownership.

By Daphne Howland • March 6, 2023

Blue Apron has a plan to avoid NYSE delisting

The company has until June 21, 2024, to address its global market capitalization listing standard deficiency and until June 21, 2023, to fix its share price listing standard deficiency.

By Catherine Douglas Moran • March 6, 2023

11 digitally native retailers at risk of bankruptcy

These companies were meant to be disruptors to the industry. But as macroeconomic pressures intensify and capital gets harder to find, they may be put to their biggest test.

By Caroline Jansen • March 6, 2023

Victoria’s Secret will reboot its fashion show this year as turnaround gains traction

The once infamous event was canceled four years ago amid rising criticism of its messaging and the dawn of #MeToo.

By Daphne Howland • March 3, 2023

In push for growth, Nordstrom bets on Rack, exits Canada

Amid Q4 declines, the department store is prioritizing its off-price business, rapidly expanding its footprint and improving its assortment.

By Daphne Howland • March 3, 2023

Touting off-mall success, Macy’s mulls acceleration of small-store strategy

CEO Jeff Gennette also said the retailer has closed its most unprofitable mall stores and that 99% of its mall base is now profitable.

By Daphne Howland • March 2, 2023

Best Buy to close as many as 30 stores this year

The electronics retailer is also remodeling stores to its experiential format and opening 10 outlets.

By Nate Delesline III • March 2, 2023

Qurate Retail Group brings on Everlane vet as CFO

Bill Wafford, who also served as chief financial officer at J.C. Penney and The Vitamin Shoppe, is joining the company in the midst of its turnaround plan. 

By Tatiana Walk-Morris • March 2, 2023

Kohl’s mulls pricing changes in turnaround reboot

Under a new CEO, the struggling department store also aims to expand e-commerce, modernize stores and right-size inventory while cutting costs.

By Daphne Howland • March 1, 2023

Lowe’s warns comps could fall up to 2% in 2023 as demand softens

The home improvement retailer is more vulnerable to pullbacks in consumer spending because of its position among DIY customers.

By Caroline Jansen • March 1, 2023

Olaplex calls 2023 ‘a reset year’ as it braces for 41% sales hit in Q1

The DTC company, which is facing a lawsuit that alleges problems with its products, expects net sales to fall 15% for the year. 

By Tatiana Walk-Morris • March 1, 2023

Target profits continue to slide as discretionary purchases slow

The retailer said consumer spending on essentials, like food, helped offset inflation-driven sales slides in discretionary buys.

By Nate Delesline III • Feb. 28, 2023

Warby Parker narrows Q4 net loss amid economic uncertainty

The DTC eyewear brand saw revenue increase 10.2% year over year, and it plans to grow its physical footprint with 40 new stores in 2023.

By Dani James • Feb. 28, 2023

Amazon expanding same-day delivery service

The retailer plans to respond to customer demand for fast delivery by growing its fulfillment center footprint, but that could mean added fees.

By Nate Delesline III • Feb. 27, 2023

The running list of major retail bankruptcies

Since December, retailers including Party City, The Container Store and Joann have all filed for Chapter 11.

By Retail Dive Staff • Updated April 11, 2025

The Weekly Closeout: REI rolls out new product standards and Skechers teams with Diane von Furstenberg

The outdoor retailer is asking brand partners to set emissions reduction targets. Meanwhile, the shoe brand’s latest collaboration features “Endless Kisses.”

By Retail Dive Staff • Feb. 24, 2023

Wayfair’s net loss tops $1.3B in 2022

The online home goods retailer saw its customer base contract even further despite increased advertising spend during the period.

By Caroline Jansen • Feb. 23, 2023

Bath & Body Works chases sales and profits by slashing costs, leaving the mall

Under a new CEO and amid a tussle with an activist investor, the retailer has hired outside advisers to find ways to expand margins and boost earnings.

By Daphne Howland • Feb. 23, 2023

Brooks Running records 16% DTC sales growth in 2022

Global revenue increased 6% as the brand expanded its e-commerce presence.

By Tatiana Walk-Morris • Feb. 23, 2023

S&P, Moody’s downgrade Adidas following low guidance

The apparel retailer will need to improve operational and financial challenges to avoid another downgrade, analysts say.

By Nate Delesline III • Feb. 22, 2023

Dick’s to buy Moosejaw from Walmart

The sporting goods company is acquiring the outdoor e-retailer for an undisclosed amount and will run it under its Public Lands division.

By Daphne Howland • Feb. 22, 2023

Shrink takes a bite out of TJX margins, profits

But the off-pricer remains well positioned to take share as merchandise floods the market and consumers continue to seek out deals.

By Daphne Howland • Feb. 22, 2023

Luxury demand strong amid consumer weakness

A few brands are out of favor, while others are making a comeback, as consumers across income levels continue to shop for upscale goods.

By Daphne Howland • Feb. 22, 2023

Walmart issues cautious 2023 guidance as inflation persists

Low-margin items in grocery and wellness made up more of the retailer's sales mix in 2022 while high-margin categories were softer.

By Nate Delesline III • Feb. 21, 2023