Financial News: Page 71


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    Daphne Howland/Retail Dive
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    In Q1, Victoria's Secret firmly in control against apparel headwinds

    The lingerie retailer said it's regaining market share and maximizing margins, but may cut prices in order to make a sale.

    By June 1, 2022
  • A blue sign with the Polo horse-and-rider logo and the words "Polo Ralph Lauren" hangs from a clapboard building.
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    Daphne Howland/Retail Dive
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    Apparel retailers get squeezed in Q1

    Sales were up at many players, but so were inventories. Meanwhile, margins and profits are down.

    By June 1, 2022
  • Rael products.
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    Courtesy of Rael
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    Rael raises $35M in Series B funding

    The DTC menstruation care brand seeks to enter new markets and add products to its lineup as other period and personal care products gain ground.

    By Tatiana Walk-Morris • May 31, 2022
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    Daphne Howland/Retail Dive
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    Victoria's Secret finances 'historic' settlement with garment workers

    A loan from the brand has helped employees laid off from a factory in Thailand get severance owed to them for more than a year. 

    By May 31, 2022
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    Adeline Kon/Retail Dive
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    Tracker

    The running list of major retail deals

    In May alone, Andie made its first acquisition, E.l.f Beauty snapped up Rhode and Skechers went private.

    By Retail Dive Staff • Updated Sept. 26, 2025
  • A building with a pitched roof and "Athleta" in big block letters is seen at a slant from below.
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    Daphne Howland/Retail Dive
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    Could Gap Inc. spin off Athleta?

    An abandoned plan to separate Old Navy a few years ago showed that breaking up is hard to do. But the conglomerate's troubles may call for it.

    By May 27, 2022
  • American Girl launches a podcast network.
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    Courtesy of American Girl
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    Column

    The Weekly Closeout: American Girl jumps on the podcast bandwagon

    Meanwhile, Stitch Fix named a new head of marketing and Dollar General workers traveled to its annual shareholder meeting to protest working conditions.

    By Retail Dive Staff • May 27, 2022
  • Ulta shop-in-shop at Target
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    Courtesy of Target
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    Ulta shoppers not feeling inflation yet

    In fact, prestige cosmetics sales in the quarter outperformed as makeup made a comeback.

    By May 27, 2022
  • Woman shopping in supermarket and reading product information. Costumer buying food at the market.
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    Getty Images
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    The 'end to the good times' is here as consumers brace against inflation: S&P

    Analysts see more risk to profits and sales as consumers manage spiking costs for fuel and food, and retailers face more pain on freight. 

    By May 26, 2022
  • Exterior of Dollar General store in York, Pennsylvania
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    Sam Silverstein/Retail Dive
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    Dollar stores raise their expectations in volatile environment

    Dollar General and Dollar Tree could benefit from customers seeking out low prices, but their own costs are rising and shoppers are focused on consumables for now.

    By May 26, 2022
  • An exterior corner of a Macy's store.
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    Daphne Howland/Retail Dive
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    Macy's Polaris turnaround gains traction in Q1

    The department store partook of elevated demand from a variety of quarters in the period, but has work to do to entice increasingly wary consumers.

    By May 26, 2022
  • Dick's Sporting Goods' House of Sport store concept
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    Permission granted by Dick's Sporting Goods
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    Dick's sales decline in the face of 119% growth last year

    The results indicate a slowdown in consumer demand for the category after stimulus payments last year helped fuel record growth.

    By May 26, 2022
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: What Walmart and Target tell us about the state of retail in 2022

    Rising food and gas prices are causing consumers to pull back on discretionary spending. That hurt retailers in the first quarter.

    By Retail Dive Staff • May 26, 2022
  • Zowie closes $14M in Series A funding.
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    Courtesy of Zowie
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    Chatbot startup Zowie raises $14M in Series A funding

    The company will use the funds to hire more employees and expand its product.

    By Tatiana Walk-Morris • May 25, 2022
  • Nordstrom Rack, at Codding Town, Bend, Oregon
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    Daphne Howland/Retail Dive
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    With work, travel and occasions back on, customers have returned to Nordstrom

    Even off-price Rack beat Q1 expectations, although the company still faces plenty of unknowns this year. Meanwhile, Trunk Club is shutting down.

    By May 25, 2022
  • A Petco storefront. There is a white van parked outside and a person walking in the store.
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    Permission granted by Petco
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    Petco comps up 5% in Q1 as consumers continue to spend on pets

    The pet category has been resilient in times of economic uncertainty. That could help Petco as consumers pull back on discretionary spending.

    By May 24, 2022
  • Best Buy announces new Outlet stores.
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    Courtesy of Best Buy
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    Best Buy trims sales expectations as pandemic boom unwinds

    Inflation, the end of stimulus and a return to experience spending hurt sales at the retailer — but it could have been worse. 

    By May 24, 2022
  • Storefront of Ross
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    "Ross" by Genevieve Prentice is licensed under CC BY-SA 2.0
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    Retail turmoil comes for off-price

    Inflation is making shoppers cautious, and that even includes the bargain hunters at retailers like Ross and TJX.

    By May 23, 2022
  • Foot Locker storefront
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    Cara Salpini/Retail Dive
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    Foot Locker's Nike replacement efforts working 'exceptionally well'

    CEO Dick Johnson said Foot Locker is underpenetrated in "virtually all of our brands outside of our top three." That leaves room for growth.

    By May 20, 2022
  • Tabitha Brown for Target collection.
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    Courtesy of Target
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    Column

    The Weekly Closeout: Kohl's considers packaged foods and Target partners with Tabitha Brown

    The department store looks into new categories as profit takes a hit, and the author and actress created four collections for the mass merchant.

    By Retail Dive Staff • May 20, 2022
  • Hugo Boss executive Heiko Schäfer
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    Courtesy of Hugo Boss
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    Hugo Boss COO leaves to head Swiss outdoor brand

    Heiko Schäfer joined in March 2020, just as COVID-19 began to upend the apparel industry. 

    By May 20, 2022
  • A planned Sephora at Kohl's experience
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    Courtesy of Business Wire
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    2 top Kohl's executives to depart as the retailer gets closer to a sale

    The retailer, which reported a rough first quarter, said Chief Marketing Officer Greg Revelle and Chief Merchandising Officer Doug Howe are leaving.

    By May 19, 2022
  • A Bath and Body Works storefront
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    Cara Salpini/Retail Dive
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    Bath & Body Works outlook on profit growth turns negative as inflation wears on

    The retailer expects material, transportation and wage costs, along with technology investments, to weigh on earnings. 

    By May 19, 2022
  • After heightened demand during the pandemic, growth at Home Depot and Lowe's begins to normalize

    A cooler spring delayed sales during Q1, but Home Depot's position among professionals helped it weather challenges better than its rival.

    By May 18, 2022
  • David's Bridal opens a store in Naperville, Illinois.
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    Courtesy of David's Bridal
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    David's Bridal acquires custom wedding dress startup Anomalie

    However, Anomalie will no longer create custom gowns and will instead "build tools that fulfill the mission of helping brides." 

    By May 18, 2022