Walmart cuts the price of Walmart+ membership in half for holiday promotion

Along with the discount, the retailer has recently added Paramount+ streaming and rewards to try to lure in new members. 

By Ben Unglesbee • Nov. 2, 2022

Away CFO steps into president role

The direct-to-consumer luggage company didn’t say who would replace Catherine Dunleavy as financial chief.

By Daphne Howland • Nov. 1, 2022

New Dollar General CEO takes the reins

Jeff Owen has moved into the chief spot, after serving as COO since 2019, and taken a seat on the board as Todd Vasos prepares to retire.

By Ben Unglesbee • Nov. 1, 2022

Victoria’s Secret will acquire DTC lingerie company Adore Me for $400M

The direct-to-consumer brand is one of many in the space that have challenged the intimates giant thanks to its inclusive sizing and fit technology.

By Daphne Howland • Nov. 1, 2022

Ross opens another 40 stores as footprint tops 2K locations

The off-price retailer is sticking to its expansion plans as its customer comes under pressure from inflation. 

By Ben Unglesbee • Oct. 31, 2022

Small retailers again struggling to pay rent

More shop owners are having trouble, a reversal from last month and a return to July’s higher delinquency rate, according to an Alignable report.

By Daphne Howland • Oct. 31, 2022

3 retail deals that went awry this year

Financial deals didn’t fall apart, necessarily, but rather went in a direction that many analysts (and onlookers) weren’t expecting. 

By Kaarin Moore • Oct. 31, 2022

Holiday hangovers: Can retailers clear out their inventory piles as the season ramps up?

After declarations about “decisive” actions to clear excess goods earlier this year, levels are still high and markdowns rampant. 

By Ben Unglesbee • Oct. 31, 2022

Amazon warns that profits could vanish in Q4

The e-commerce giant may be shifting to a more cautious approach in order to maintain profitable growth.

By Daphne Howland • Oct. 28, 2022

Peloton CEO Barry McCarthy offered $168M for the job

Including $167 million in vested stock options, the executive’s pay is 2,299 times the median salary of the company’s employees.

By Dani James • Oct. 28, 2022

Bed Bath & Beyond files to sell more stock

Following the sale of 12 million shares earlier this year, the struggling retailer submitted paperwork to sell an additional $150 million worth of shares.

By Caroline Jansen • Oct. 28, 2022

The Weekly Closeout: Petco partners with Nationwide for pet insurance and Shopify plans on becoming profitable

The pet retailer will begin offering plans starting next year, and the e-commerce company had a second-quarter revenue increase of 22%.

By Retail Dive Staff • Oct. 28, 2022

Mattel girds itself for bumpy end to the year

The toy maker trimmed its guidance on profitability this year, though it has benefited from price increases and cost cuts. 

By Ben Unglesbee • Oct. 27, 2022

The Backroom: Retail bankruptcies are poised for a comeback

What can we learn about the industry as a whole by looking at its weakest players?

By Retail Dive Staff • Oct. 27, 2022

The Children’s Place gets its second CFO in 2 years

Sheamus Toal, who spent 16 years with New York & Co, is set to join the apparel retailer as it weathers a tough consumer environment.

By Ben Unglesbee • Oct. 25, 2022

Adidas drops Ye over ‘hate speech,’ forgoing close to $250M in profits this year

To regain customer trust, the sneaker giant had no choice but to sever ties with the fashion designer and hip hop artist also known as Kanye West.

By Daphne Howland • Oct. 25, 2022

Mattel to pay $3.5M to settle SEC charges over accounting issues

The toy giant did not admit to any wrongdoing in what the agency said were misstatements in its financial reports and a lack of controls to prevent them. 

By Ben Unglesbee • Oct. 24, 2022

Deflated expectations for Amazon in the post-Jeff Bezos era

Rising costs, disappointing Prime sales and inflation are leading some analysts to temper their projections ahead of the e-commerce giant’s Q3 report.

By Daphne Howland • Oct. 24, 2022

NYSE sets Revlon delisting in motion

The cosmetics giant, which filed for bankruptcy in June, faces severe supply chain problems but has also lost ground to more innovative rivals.

By Daphne Howland • Oct. 21, 2022

The Weekly Closeout: Peloton’s chief people officer to exit and Home Depot launches jobseeker marketplace

The at-home fitness brand recently saw other executives depart, and the home improvement store looks to connect with pros.

By Retail Dive Staff • Oct. 21, 2022

Adidas cuts guidance (again) amid inventory pileup

Any hope that the markdown mayhem of this year would be over by the holidays is fading. 

By Ben Unglesbee • Oct. 21, 2022

Hasbro suffers as inventory hangover eats into profits in Q3

The toy giant took a 31% hit to operating profit in its consumer products segment while price-wary consumers pulled back on purchases.

By Ben Unglesbee • Oct. 20, 2022

Bed Bath & Beyond met with downgrade as it looks to swap out debt

The retailer’s interim CEO said it was looking to address its nearest bond maturities and “any impact they may have on our current and future business.”

By Ben Unglesbee • Oct. 19, 2022

Michaels downgraded at S&P as pandemic craft boom wanes

With consumers pulling back on discretionary spending and changing their habits, the retailer is under pressure after last year’s leveraged buyout. 

By Ben Unglesbee • Oct. 18, 2022

Nordstrom in search of new finance chief at a tricky time

Anne Bramman arrived five years ago and oversaw a volatile period, including the family’s attempt to take the department store private.

By Daphne Howland • Oct. 18, 2022