November retail sales show the holidays mean heavy promotions this year

Consumers are spending, but they are keen on getting deals, and retailers are slashing prices as the holiday season winds down.

By Daphne Howland • Dec. 16, 2022

Joann reports third quarter loss, suspends dividend

After a disappointing Q3 financial performance, the crafts retailer wants to achieve $200 million in cost savings by 2025.

By Nate Delesline III • Dec. 14, 2022

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

What is Revlon’s next chapter?

The brand was exploring a sale even before the pandemic, but the current environment isn’t ideal for a bankrupt company trying to figure out next steps. 

By Kaarin Moore • Dec. 14, 2022

Sears Hometown files for bankruptcy amid disputes with ‘new Sears’

Financial strain and a lack of inventory led to the move, three years after Eddie Lampert-run TransformCo reacquired the home goods chain.

By Daphne Howland • Dec. 13, 2022

Skincare brand InnBeauty Project raises $12M

The direct-to-consumer company has raised funds to promote growth in an industry that has thrived in spite of macroeconomic pressures this year. 

By Dani James • Dec. 13, 2022

Los Angeles garment supplier cited for failure to pay workers

Last week’s finding by the U.S. Department of Labor was the latest in a string of abuses at clothing manufacturers operating in the city.

By Daphne Howland • Dec. 12, 2022

Wolverine Worldwide lays off workers, could shed Keds, Wolverine Leathers

The company recently reorganized its brand group structure and is seeking ways to accelerate cost savings. 

By Tatiana Walk-Morris • Dec. 12, 2022

Luxury furniture maker RH acquires two companies

The company also announced plans to launch editorial content platform RH Media.

By Nate Delesline III • Dec. 12, 2022

Lululemon touts ‘biggest day ever’ on Black Friday as sales jump 28%

The brand is already outpacing its five-year growth expectations and appears untouched by inflation.

By Cara Salpini • Dec. 9, 2022

The Weekly Closeout: Toys R Us launches NFTs and David’s Bridal debuts loyalty program for teens

The toy company is releasing 10,000 digital collectibles, featuring its iconic mascot, and the bridal retailer launches a prom loyalty program.

By Retail Dive Staff • Dec. 9, 2022

Chewy beats on revenue estimates, swings to a profit in Q3

While the online pet retailer’s net sales increased 14.5%, analysts remain concerned over the company’s rising customer acquisition costs.

By Caroline Jansen • Dec. 9, 2022

Toys R Us owner takes stake in Express for $260M

Brand management firm WHP Global and the struggling apparel retailer will form a joint venture to scale and license the brand and expand it internationally.

By Nate Delesline III • Dec. 8, 2022

GameStop CEO says it won’t risk ‘meaningful stakeholder capital’ in crypto

Despite launching an NFT marketplace and a digital asset wallet, the company 'proactively minimized' its own exposure in the space.

By Dani James • Dec. 8, 2022

Resale tech company Archive raises $15M in Series A round

The round comes as the resale market is expected to surpass $80 billion in the coming years.

By Tatiana Walk-Morris • Dec. 7, 2022

Stitch Fix shifts to profit focus as sales, client base shrink

The apparel e-retailer’s customers, under financial pressure, are slowing their box orders and buying less from its Freestyle direct-buy site.

By Daphne Howland • Dec. 7, 2022

A look at Bed Bath & Beyond’s tumultuous year

The distressed home retailer experienced a C-suite shakeout, strategy pivot and a board refresh as it continues to work on turning the business around.

By Caroline Jansen • Dec. 7, 2022

How DTC retailers performed during Black Friday and Cyber Monday

Following a rough year within the sector, brands like Wayfair and Parachute reported positive results from the shopping weekend.

By Dani James • Dec. 6, 2022

J. Jill avoids heavy promotions in Q3

The women’s apparel retailer, near bankruptcy a couple of years ago, is basing its turnaround on careful merchandising to its target customers.

By Daphne Howland • Dec. 6, 2022

Digital Brands closes on $10M stock offer to fund acquisitions

The DTC conglomerate may at last be close to finalizing its deal to buy women’s apparel brand Sundry, first announced in January.

By Daphne Howland • Dec. 2, 2022

Ulta ‘uniquely positioned’ to weather inflation

CEO Dave Kimbell said the retailer has seen no evidence of trading down and is benefiting from its wide array of price points.

By Cara Salpini • Dec. 2, 2022

Party City back in creditor talks amid cash crunch: Bloomberg

The retailer is once again struggling as consumers pull back amid heavy inflation and its liquidity dwindles.

By Ben Unglesbee • Dec. 2, 2022

The Weekly Closeout: Supreme ties up with True Religion and could Bezos come back?

The 22-piece collection features a denim trucker jacket, among other items. Meanwhile, one observer questions if Jeff Bezos could reprise his CEO role.

By Retail Dive Staff • Dec. 2, 2022

‘A mean and cruel supervisor’: Walmart sued for $50M over alleged negligence with gunman

The lawsuit claims the retailer did not protect customers and workers from the supervisor, who is accused of killing six people at a store in Virginia, despite knowing about his repeated disturbing behavior.

By Catherine Douglas Moran • Dec. 2, 2022

Victoria’s Secret is leaning on discounts to get through the holiday

CEO Martin Waters said consumer caution will make it “a tough December across retail,” but some of the lingerie giant’s challenges are its own.

By Daphne Howland • Dec. 1, 2022

Everlane scores $25M term loan from Gordon Brothers

The direct-to-consumer brand will use the money to support its growth, all while keeping its focus on sustainability and transparency.

By Dani James • Dec. 1, 2022