Forma Brands exits bankruptcy, names previous Outdoor Voices exec CEO

The beauty company finalized its sale to investors, including Jefferies Finance, and appointed Cliff Moskowitz to the chief role.

By Dani James • April 12, 2023

Citing ‘tens of millions of dollars a year’ in losses, Walmart to close 4 Chicago stores

The retail giant has traditionally favored operating in suburban and rural areas, and is pulling back on its smaller Neighborhood Market locations.

By Daphne Howland • April 12, 2023

Explore the 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

Tonal founder Aly Orady steps down as CEO

Orady is transitioning to the chief technology officer position as the company closes $130 million in financing.

By Dani James • April 11, 2023

Casper to sell Canadian operations for $20.6M

The disruptor is handing over its Canadian business to traditional retailer Sleep Country, which operates 290 corporate-owned stores and 20 warehouses.

By Dani James • April 10, 2023

S&P Global takes Kohl’s down a notch after weak Q4

The retailer’s high C-suite turnover, its status as a department store and an uncertain economy could limit its progress this year, the ratings firm warned.

By Daphne Howland • April 10, 2023

How retailers can weather an economic storm with bespoke BNPL options

Providing customers with an easier way to afford larger purchases, and making upgrades and different feature configurations available, helps retailers remain competitive.

April 10, 2023

Shoe City files for Chapter 11 bankruptcy

The retailer plans to liquidate its 39 stores by the end of next month, citing an inability to repay creditors.

By Nate Delesline III • April 7, 2023

Golden Goose hits 500M euros in revenue in 2022

The sneaker brand said that direct-to-consumer sales now account for 70% of the company’s total revenue.

By Howard Ruben • April 7, 2023

Levi’s gets a grip on inventory as denim rebounds

Promotions helped clear a glut, but hurt Q1 margins, as lower-income consumers continue to pull back. But the brand is taking market share.

By Daphne Howland • April 6, 2023

Walmart banks on stores, robots as it stokes e-commerce

The retail giant expects that within three years, 55% of its fulfillment center volume will move through automated facilities, and a whopping 65% of its stores will be automated to some extent.

By Daphne Howland • April 5, 2023

L’Oréal to acquire Aesop for $2.5B

The beauty corporation is buying the luxury brand from Natura & Co., which took a majority stake in 2012 and also operates The Body Shop.

By Dani James • Updated April 4, 2023

Revlon will wipe out $2.7B in debt as it exits bankruptcy later this month

The cosmetics giant will leave Chapter 11 as a private company in coming weeks, with $285 million in fresh liquidity and $1.5 billion in debt.

By Daphne Howland • April 4, 2023

Express faces NYSE delisting

The apparel retailer may enact a reverse stock split — subject to board and stockholder approval — in order to reach compliance. 

By Kaarin Moore • April 3, 2023

Retailers must reimagine demand planning to unlock forecast accuracy

Springs Window Fashions and Lodge Cast Iron transform demand planning with Anaplan.

April 3, 2023

E-commerce deal count, value dropped in 2022: report

The industry was impacted by increased macroeconomic pressures, but PitchBook found growth opportunities in buy now, pay later and re-commerce.

By Dani James • March 31, 2023

Sweaty Betty plans UK job cuts

The brand’s CEO will exit in June as the activewear company reorganizes under Wolverine Worldwide’s International Group.

By Caroline Jansen • March 30, 2023

The Backroom: Unearthing financial details about J.C. Penney

The team talks about the treasure trove of information on the department store’s financial health, found thanks to a tip from one of its new owners.

By Retail Dive Staff • March 30, 2023

Lovesac net sales up 22% in Q4 amid industry pressures

The DTC furniture brand has been strengthening its wholesale presence, opening 33 new in-store pop-ups at Costco.

By Dani James • March 29, 2023

Foot Locker plans app, website revamp as it aims for $2.5B in digital sales

The retailer is “trailing the broader market” when it comes to digital penetration, and hopes to grow the channel to 25% of sales by 2026.

By Cara Salpini • March 29, 2023

Lululemon revenue surges 30% in 2022, but Mirror drags down results

The retailer took a $443 million impairment charge on the home workout business in Q4 as it pivots to an app-focused content model.

By Cara Salpini • March 29, 2023

‘It’s done, it’s over’: Eddie Lampert’s Sears case won’t go to Supreme Court

Three courts had already rejected an attempt from Lampert and other lenders to wring millions more from what’s left of the former retail giant.

By Daphne Howland • March 27, 2023

Scotch & Soda acquired by Bluestar Alliance

The fashion lifestyle brand filed for bankruptcy in the Netherlands last week, and now joins a portfolio that includes Justice and Brookstone.

By Dani James • March 27, 2023

Refill startup Blueland reaches profitability

Four years after being founded, the home care brand is entering Target and Costco stores as it continues to grow its wholesale presence.

By Dani James • March 27, 2023

Bed Bath & Beyond plans another 1,300 layoffs

The layoffs affect workers in the company’s New Jersey operations, including at its Harmon beauty unit, according to information filed with the state.

By Daphne Howland • March 27, 2023

Momofuku Goods raises $17.5M

The pantry essentials brand was spun off from Momofuku in 2020 and will use the funding to grow its product offerings in an increasingly competitive field.

By Dani James • March 23, 2023