Financial News: Page 71
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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 Daphne Howland • June 1, 2022 -
Apparel retailers get squeezed in Q1
Sales were up at many players, but so were inventories. Meanwhile, margins and profits are down.
By Daphne Howland • June 1, 2022 -
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 -
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 Ben Unglesbee • May 31, 2022 -
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 -
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 Daphne Howland • May 27, 2022 -
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 shoppers not feeling inflation yet
In fact, prestige cosmetics sales in the quarter outperformed as makeup made a comeback.
By Cara Salpini • May 27, 2022 -
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 Ben Unglesbee • May 26, 2022 -
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 Ben Unglesbee • May 26, 2022 -
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 Daphne Howland • May 26, 2022 -
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 Cara Salpini • May 26, 2022 -
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 -
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 -
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 Daphne Howland • May 25, 2022 -
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 Caroline Jansen • May 24, 2022 -
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 Ben Unglesbee • May 24, 2022 -
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 Daphne Howland • May 23, 2022 -
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 Cara Salpini • May 20, 2022 -
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 COO leaves to head Swiss outdoor brand
Heiko Schäfer joined in March 2020, just as COVID-19 began to upend the apparel industry.
By Ben Unglesbee • May 20, 2022 -
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 Daphne Howland • May 19, 2022 -
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 Ben Unglesbee • 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 Caroline Jansen • May 18, 2022 -
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 Kaarin Moore • May 18, 2022