The Weekly Closeout: Amazon workers will revote on union and Saks debuts Game Day collection

A tally of ballots for the new union vote will begin March 28. Meanwhile, Saks is making a bigger play for sports fans.

By Retail Dive Staff • Jan. 14, 2022

Office Depot owner delays spinoff as it mulls sale of retail business

The company paused its plans to separate while it considers Staples' $1 billion offer as well as that of another unnamed buyer.

By Ben Unglesbee • Jan. 14, 2022

Omicron 'unlikely to derail' economic growth: Moody's

Analysts expect the disruption from the new variant to pass quickly. But supply hiccups and inflation will likely last longer.

By Ben Unglesbee • Jan. 13, 2022

How retailers weathered the holidays in 2021

Some have raised their Q4 guidance after a successful season, while others suffered from supply chain challenges and soft foot traffic.

By Ben Unglesbee , Daphne Howland • Jan. 13, 2022

Foxtrot brings in $100M, plans to open 25 new stores in 2022

The upscale convenience store chain is also testing cashierless technology and looking to triple the size of its engineering team.

By Sam Silverstein • Jan. 12, 2022

Il Makiage parent company secures $130M in funding

The recent round, which values Oddity at $1.5 billion, was led by billionaire businessman Thomas Tull and Franklin Templeton, among others.

By Maria Monteros • Jan. 11, 2022

Big Lots plans to add 500 new stores

The discounter wants to add more than 50 stores in 2022 and accelerate from there as it looks to expand both digitally and in brick and mortar.

By Ben Unglesbee • Jan. 11, 2022

Mattress Firm files for IPO

Around three years after filing for bankruptcy, the retailer is eyeing the public markets with growing losses and $1.2 billion in long-term debt.

By Caroline Jansen • Jan. 10, 2022

Omicron weighs on Lululemon's stores, sales

The athleisure seller's CEO said that the pandemic has limited capacity, staff availability and, in some places, store hours. 

By Ben Unglesbee • Jan. 10, 2022

The Weekly Closeout: Fanatics acquires Topps and Barbie goes glam with Balmain

The digital sports platform declared the deal "the foundation of Fanatics Trading Cards business."

By Retail Dive Staff • Jan. 7, 2022

Amid supply chain challenges, Bed Bath & Beyond's loss widens

Executives pointed to difficulties around keeping shelves stocked as the retailer's loss grew by more than $200 million from last year.

By Caroline Jansen • Jan. 6, 2022

Hasbro names new CEO and COO

The toy and gaming giant promoted two executives to top roles in the company as it navigates transformation and industry disruption. 

By Ben Unglesbee • Jan. 6, 2022

L.L. Bean to close Tysons Corner store in Northern Virginia

The apparel seller couldn't reach an agreement with its landlord at the mall, where its store is an anchor. 

By Ben Unglesbee • Jan. 5, 2022

The Container Store acquires Closet Works for $21.5M

The deal builds on the retailer's existing custom closets business and is part of an effort to double its sales, according to CEO Satish Malhotra.

By Caroline Jansen • Jan. 4, 2022

Victoria's Secret reiterates Q4 guidance, begins $250M share buyback

The lingerie retailer made dramatic changes last year that are already paying off financially.

By Daphne Howland • Jan. 4, 2022

Office Depot parent to sell CompuCom unit for $305M

The company signed a deal to unload its IT services unit for less than a third of the 2017 purchase price as ODP Corp. works to split in two.

By Ben Unglesbee • Jan. 4, 2022

10 retail trends to watch in 2022

Last year upended some trends and accelerated others. What will 2022 bring for retailers?

By Daphne Howland , Ben Unglesbee , Cara Salpini , Kaarin Moore , Caroline Jansen , Maria Monteros • Jan. 4, 2022

Griddle maker Blackstone the latest with plans for SPAC-based stock market debut

The company, which so far has released few financial details, says it created and now dominates its corner of the outdoor cooking market.

By Daphne Howland • Dec. 23, 2021

Crocs to acquire Heydude footwear brand for $2.5B

Founded in Italy, the brand widens the total market for the clog maker to more than $160 billion, by the company's estimates.

By Ben Unglesbee • Dec. 23, 2021

Skechers goes through board shakeout

Four longtime board members are out, a new director is in, and an investment firm is pushing for more cash for shareholders. 

By Ben Unglesbee • Dec. 22, 2021

Supergoop sells majority stake to Blackstone

The SPF-focused beauty brand will use the investment to help it launch new products, educate consumers and expand internationally.

By Caroline Jansen • Dec. 21, 2021

Vietnam factory closures cause Nike to cancel 130M units

Those factories are now operational and Nike has returned to 80% of its weekly production volume pre-closure, executives said.

By Cara Salpini • Dec. 21, 2021

Nordstrom reportedly mulling spinoff of off-price Rack business

Bloomberg reported the move, which would shatter the ecosystem the retailer has forged. But one expert says the off-price business may have to go.

By Daphne Howland • Dec. 21, 2021

Brazilian footwear company buys 49.9% stake in Rothy's

A deal between Alpargatas and the popular DTC brand will result in a post-investment valuation of $1 billion.

By Kaarin Moore • Dec. 21, 2021

Rite Aid to close about 60 stores, with more likely to come

With losses mounting again, the drugstore retailer is trying to cut costs as it reevaluates its footprint. 

By Ben Unglesbee • Dec. 21, 2021