What retailers can expect from consumers this year

Consumers are more cautious and discerning, yet eager to get out and about, Euromonitor’s Michelle Evans told an NRF audience last week.

By Daphne Howland • Jan. 23, 2023

Hatch gains operational control over Destination Maternity, A Pea in the Pod, others

Marquee Brands has taken a minority stake in the newly-formed Hatch Collective, led by Hatch CEO and founder Ariane Goldman.

By Dani James • Jan. 23, 2023

Bed Bath & Beyond receives Nasdaq warning over late 10-Q

The distressed retailer has until March 13 to regain Nasdaq listing compliance by submitting the financial report.

By Nate Delesline III • Jan. 20, 2023

Saks.com expected to lay off 100, half in tech

The layoffs affect almost 4% of the luxury retailer’s workforce, which had more than doubled since it separated from the brick-and-mortar operations.

By Daphne Howland • Jan. 20, 2023

The Weekly Closeout: Amazon discontinues charity program, Stitch Fix takes to Twitter for CEO search

The e-commerce giant is ending its AmazonSmile program after a decade and the styling service is seeking out CEO applicants via social media.

By Retail Dive Staff • Jan. 20, 2023

Off-price Rack drags down Nordstrom’s holiday performance

But the retailer's seasonal results reflect margin consistency, and its focus on inventory management could pay off, some analysts say.

By Daphne Howland • Jan. 20, 2023

Web3 fashion startup Syky raises $9.5M

The company aims to entice shoppers with incentives tied to its non-fungible token.

By Tatiana Walk-Morris • Jan. 19, 2023

Judge grants Party City immediate access to $75M bankruptcy loan

The remainder of a $150 million debtor-in-possession loan will not be released until February.

By Nate Delesline III • Jan. 19, 2023

L’Oréal’s VC fund makes first metaverse investment with Digital Village

The beauty company is following the digital trend with a minority investment through its venture capital fund.

By Xanayra Marin-Lopez • Jan. 19, 2023

Olympia Sports’ intellectual property headed to auction

The retailer, which once had a footprint of 230 stores, is among the latest retail brand names up for grabs following a Chapter 11 bankruptcy.

By Nate Delesline III • Jan. 13, 2023

Morphe parent company files for Chapter 11 bankruptcy

Forma Brands — which also operates Playa Beauty and Jaclyn Cosmetics — has entered a proposed $33 million acquisition deal with lenders. 

By Dani James • Jan. 12, 2023

‘Retailers are getting squeezed’ by price-weary consumers, supply chain costs: report

Nearly all 50 retail executives surveyed in Deloitte’s latest study expect inflation to pressure profits this year.

By Dani James • Jan. 12, 2023

P&G acquires haircare brand Mielle Organics

The textured hair brand — founded in 2014 by husband-and-wife duo Monique and Melvin Rodriguez — said it has no plans to change existing formulas. 

By Dani James • Jan. 12, 2023

Bed Bath & Beyond plans more layoffs

As sales slide and bankruptcy looms, the struggling home goods retailer is looking to cut costs.

By Caroline Jansen • Jan. 11, 2023

Mattress Firm pauses IPO plans, citing market volatility

One analyst predicts the move could signal the mattress retailer’s interest in being acquired.

By Nate Delesline III • Jan. 11, 2023

Why some digital natives are always tweaking their models

Shaking up a business can be a sign of innovation, or trouble. For DTC brands, the best move may be found in retail’s oldest playbook.

By Daphne Howland • Jan. 11, 2023

Bed Bath & Beyond sales fall 33% in Q3 as it seeks strategic alternatives

After warning of a potential bankruptcy filing last week, the struggling home retailer’s operating loss swelled to over $450 million during the quarter.

By Caroline Jansen • Jan. 10, 2023

Five Below to convert hundreds of stores to higher-priced concept

The discounter sees roughly twice the spend from customers who purchase Five Beyond products and has received positive feedback on the format. 

By Cara Salpini • Jan. 10, 2023

Fitch: Gulf between retail’s winners and losers to widen in 2023

Default rates will likely remain low, but the firm is watching for bankruptcies from major players like Party City, Rite Aid and Bed Bath & Beyond.

By Cara Salpini • Jan. 10, 2023

Lululemon’s stock drops after margin warning

The athletics company raised its revenue expectations for the quarter, but it has a lot of inventory to clear through after the holidays.

By Dani James • Jan. 9, 2023

Macy’s lowers holiday sales prediction

The department store managed to maintain its guidance within its previous range, but its warning suggests that it lost market share, analysts say.

By Daphne Howland • Jan. 9, 2023

Naver closes on Poshmark acquisition

The resale marketplace has stopped trading on the Nasdaq as a result of the deal.

By Cara Salpini • Jan. 9, 2023

9 retail trends to watch in 2023

With the threat of a recession looming, the new year brings about a slew of challenges for retailers — but not all is gloomy.

By Retail Dive Staff • Jan. 9, 2023

The Weekly Closeout: Tuesday Morning to go private and Walgreens ‘cried too much’ over theft

The discount home brand is taking itself off the Nasdaq Stock Market, while the drugstore admitted it might have overblown the theft issue.

By Retail Dive Staff • Jan. 6, 2023

Bed Bath & Beyond warns it could file for bankruptcy

The struggling home retailer issued a "going concern" warning as sales continue to slide and losses widen.

By Caroline Jansen • Jan. 5, 2023