Allbirds' net loss nearly doubles in Q3

The brand is continuing its store expansion, something many DTCs have come to do as the limitations of selling online become increasingly apparent.

By Caroline Jansen • Dec. 1, 2021

Cyber Monday sales edge down to $10.7B as consumers make a dent in their holiday shopping

Online sales fell 1.4% year over year, but the red-letter event was still the biggest shopping day of the year so far, Adobe said.

By Daphne Howland • Nov. 30, 2021

Schick maker acquires Billie for $310M

The deal comes less than a year after P&G's proposed acquisition of the DTC razor brand fell apart after FTC action.

By Caroline Jansen • Nov. 30, 2021

Hydro Flask owner to acquire backpack brand Osprey for $414M

Helen of Troy CEO Julien Mininberg called the two a "compelling combination" for the outdoors consumer. 

By Cara Salpini • Nov. 30, 2021

EBay acquires Sneaker Con's shoe authentication business

The e-commerce company has paid particular attention over the past few years to authenticating and promoting sneakers on its platform.

By Tatiana Walk-Morris • Nov. 30, 2021

Walmart's CFO to leave the company after 22 years

Brett Biggs officially departs on Jan. 31, 2023. As part of the transition, he will remain a board member of the retailer's fintech startup.

By Maria Monteros • Nov. 29, 2021

Dick’s plots new House of Sport, Public Lands stores as sales rise 14%

The athletics retailer also has a new chief financial officer in Navdeep Gupta, who took on the role last month.

By Cara Salpini • Nov. 24, 2021

Gap could take $650M sales hit from supply chain woes

Sales in the third quarter were dragged down by inventory shortages caused by factory closures and shipping backups.

By Ben Unglesbee • Nov. 24, 2021

Off-price Rack drags Nordstrom down in Q3

The full-line stores didn't demonstrate the level of recovery found at rivals like Dillard's or Macy's, either, despite a boost from the company's annual sale.

By Daphne Howland • Nov. 24, 2021

Off-price retailers best Q3 expectations but brace for the holidays

The segment is mostly overcoming supply challenges while benefiting from full-price sales at other retailers, as consumers grapple with inflation.

By Daphne Howland • Nov. 23, 2021

Dollar Tree pivots to $1.25 prices even as inflation-wary shoppers seek the retailer out

The company saw a modest sales bump during the third quarter, with consumers chasing value. Meanwhile, supply chain costs have choked margins.

By Ben Unglesbee • Nov. 23, 2021

Authentic Brands puts IPO on hold as it brings in new investors

Current investors sold significant stakes to CVC Capital Partners and HPS Investment Partners as the branding specialist chases more growth. 

By Ben Unglesbee • Nov. 22, 2021

The Weekly Closeout: Amazon clashes with Visa and Petco posts 'record' Q3

The e-commerce giant said it will no longer accept United Kingdom-issued Visa credit cards for transactions, while the pet retailer reported double-digit growth in owned brands.

By Retail Dive Staff • Nov. 19, 2021

Foot Locker names COO as sales grow 13% over 2019

Frank Bracken will take on the newly created role, overseeing global operations, including customer experience, technology and supply chain.

By Cara Salpini • Nov. 19, 2021

Kohl's enjoys some upside from inventory scarcity

Margins spiked and inventory turn reached a 10-year high as product levels came in 25% below 2019 amid shipping delays. 

By Ben Unglesbee • Nov. 19, 2021

Macy's hires the firm behind Saks' e-commerce spinoff

With activist investors reportedly pushing the department store, Macy's CEO Jeff Gennette acknowledged how Wall Street values online-only retail.

By Daphne Howland • Nov. 19, 2021

Heyday raises $555M in Series C funding

From April of last year through November 2021, Amazon aggregators have raised nearly $12 billion, according to Marketplace Pulse.

By Tatiana Walk-Morris • Nov. 18, 2021

CVS plans to close 900 stores

The drugstore retailer also announced new leaders of its retail business as it refocuses around omnichannel and health services.

By Ben Unglesbee • Nov. 18, 2021

Nearly half of Victoria's Secret's merchandise is delayed as the holidays approach

The retailer posted a solid Q3, but said it doesn't expect to get some orders in at all due to supply chain disruptions.

By Kaarin Moore • Nov. 18, 2021

Macy's to delay store closures, launch third-party marketplace next year

The department store previously slated 125 stores to close, but now says that's under review as physical locations prove key to digital success.

By Daphne Howland • Nov. 18, 2021

Home Depot, Lowe's top estimates in Q3

The retailers lapped 2020's figures when demand in the category skyrocketed. But winning over the pro segment may be key to maintaining that strength.

By Caroline Jansen • Nov. 17, 2021

Target addresses out-of-stock fears, raises holiday sales outlook

With inventory levels up over $2 billion compared to last year, executives are confident the retailer can meet end-of-year demand.

By Maria Monteros • Nov. 17, 2021

Kmart is closing its last store in birthplace of Michigan

A decade ago, Kmart had more than 1,300 stores under its banner. Today it has less than two dozen — and counting.

By Ben Unglesbee • Nov. 17, 2021

How e-commerce retailers stacked up in Q3

A flood of DTC brands entered the public markets this year. Now, we're seeing how those companies and other online brands are holding up.

By Caroline Jansen • Updated Nov. 23, 2021

StockX acquires inventory management company, Scout

With its first acquisition, StockX aims to streamline the selling experience on its platform as the sneaker resale market heats up. 

By Tatiana Walk-Morris • Nov. 17, 2021