Bread Beauty Supply closes on seed funding round

With a multimillion-dollar investment led by Fearless Fund, the hair care brand hopes to expand its distribution channels and product assortment.

By Dani James • July 17, 2023

David’s Bridal will keep nearly 200 stores open under new ownership

The chain has been seeking a buyer since before its April bankruptcy filing. An offer from Cion Investment Corp. was approved last week.

By Daphne Howland • Updated July 24, 2023

The Weekly Closeout: Layoffs at The Children’s Place and inflation dips to lowest levels since March 2021

The kids retailer said it’s ending the lease on its New Jersey headquarters, and in June the consumer price index rose just 3% year over year. 

By Retail Dive Staff • July 14, 2023

Foundry acquires men’s personal care brand Blu Atlas

The digital brands platform paid an undisclosed eight-figure sum for the business, adding to its growing portfolio of men's focused companies.

By Dani James • July 13, 2023

Bankruptcy judge OKs sale of BuyBuy Baby brand and digital assets for $15.5M

The distressed retailer’s brick-and-mortar stores are now slated to close after no bids materialized to keep them open.

By Nate Delesline III • July 12, 2023

Il Makiage parent company aims for $1.7B valuation in IPO

Oddity formally launched its initial public offering on Monday, and expects net proceeds to reach about $41 million.

By Dani James • July 11, 2023

Retail defaults set to jump this year, Moody’s says

Retailers without adequate financial cushion are especially vulnerable amid weak consumer spending and elevated costs, the analysts said.

By Daphne Howland • July 11, 2023

Hydro Flask owner beats Q1 expectations despite sales decline

Helen of Troy — which also owns brands such as Osprey and Drybar — said consumers are increasingly more interested in tumblers than bottles.

By Dani James • July 10, 2023

Increased regulation and compliance is changing the landscape of Buy Now, Pay Later services

Learn how Buy Now Pay Later services can benefit merchants during times of economic uncertainty.

July 10, 2023

Digital Brands Group receives Nasdaq delisting warning

The DTC company was notified it is out of compliance with a minimum share price requirement and would not receive a 180-day grace period.

By Dani James • July 7, 2023

Levi’s slashes guidance as lower-income consumers grow more price sensitive

While demand for denim remains strong, financial pressures on some households led to declines in the U.S., the brand’s largest market.

By Daphne Howland • July 7, 2023

FTC revs up money transfer case against Walmart

The Federal Trade Commission escalated its case last week, alleging the retailer facilitated fraudulent transactions, despite a court setback in March.

By Lynne Marek • July 7, 2023

Serta Simmons plans to refresh the majority of its products as it exits bankruptcy

As part of a turnaround strategy, the bedding manufacturer will also invest in marketing and supply chain initiatives.

By Nate Delesline III • July 6, 2023

Christmas Tree Shops plans to liquidate if it can’t find a buyer

The retailer defaulted on its bankruptcy loan terms and will have to close all of its stores if it doesn't secure a buyer by the end of this week.

By Nate Delesline III • July 5, 2023

Claire’s postpones IPO

CEO Ryan Vero said the company would renew the effort “when market conditions are more favorable.”

By Daphne Howland • July 5, 2023

Shein denies report of filed IPO

Reuters reported that the fast-fashion giant had quietly registered to become publicly traded on the New York Stock Exchange.

By Laurel Deppen • June 30, 2023

Retailers brace for hit to discretionary spending, holiday sales as Supreme Court nixes student loan forgiveness

Apparel, home goods and electronics will likely be impacted the most as households pull back further in order to pay down debt.

By Daphne Howland • June 30, 2023

Nike breaks $50B in revenue as it warms back up to wholesale

CEO John Donahoe said recent shifts back into DSW and Macy’s were “simply an extension” of the retailer’s existing strategy.

By Cara Salpini • June 30, 2023

Walgreens to close 150 stores in the US

With sales down in part due to lower demand for COVID-19 vaccines and tests, the retailer is also closing 300 stores in the U.K.

By Daphne Howland • June 29, 2023

Jilted by Constellation Brands, aperitif maker Haus finds new life after acquisition

The Naked Market bought the low-alcohol aperitifs maker for an undisclosed amount and is re-launching it online. The brand shut down last year after a $10 million funding round fell through.

By Christopher Doering • June 29, 2023

Walgreens stock plummets after pharmacy chain cuts 2023 outlook

“Our performance in the third quarter did not meet our overall expectations,” Walgreens CEO Roz Brewer told investors Tuesday morning.

By Rebecca Pifer • June 28, 2023

Il Makiage, SpoiledChild owner files IPO

Oddity said it plans to launch brands on a regular cadence and revealed in a filing that it has generated a net income since at least 2020.

By Dani James • June 26, 2023

Chico’s announces $100M stock repurchase program

The women’s fashion apparel retailer reported a small slide in its Q1 net sales, which fell to $534.7 million.

By Nate Delesline III • June 26, 2023

Changes to student loan policies set to hit retail around the holidays

Apparel retailers have the most to lose from the end of the pandemic-era payment pause, especially if the Supreme Court strikes down debt forgiveness.

By Daphne Howland • June 26, 2023

The Weekly Closeout: Walmart+ launches summer sale, Hasbro brings back Furby

The mass merchant joins other retailers announcing deal events around Prime Day, while the ’90s-era toy makes its return for its 25th anniversary.

By Retail Dive Staff • June 23, 2023