Macy's says its Polaris turnaround is 'working'

But, as Amazon looms, the department store may not be prepared for the day the high-spending U.S. consumer settles down.

By Daphne Howland • Aug. 20, 2021

Petco sales up 19% as category demand remains high

The retailer has been able to sustain the growth it experienced in 2020, reporting that comp sales increased for the 11th consecutive quarter.

By Caroline Jansen • Aug. 19, 2021

Target posts 9% comp sales entirely driven by traffic

The retailer emphasized its theme of "growth on top of growth" even as the pace slows.

By Maria Monteros • Aug. 18, 2021

Lowe's comps fall as consumer DIY projects slow

Declines come as little surprise compared to a stellar year for home improvement in 2020. But Home Depot's Q2 gains add pressure.

By Ben Unglesbee • Aug. 18, 2021

Walgreens launches credit card program that rewards health and wellness

Cardholders can earn rewards for making healthy purchases, just one part of the evolution of the retailer's financial services offerings. 

By Tatiana Walk-Morris • Aug. 17, 2021

July retail sales up 11.5% despite consumers traveling, dining out

Growth compared to 2019 outpaced the year-over-year rise, partly because shoppers are flush with savings thanks to governmental support.

By Daphne Howland • Aug. 17, 2021

Home Depot surpasses $40B in quarterly sales for the first time

Though fewer consumers are undertaking home improvement projects compared to 2020, those that are, are tackling larger projects and paying more.

By Caroline Jansen • Aug. 17, 2021

Walmart's sales keep growing even as online momentum slows

The retailer prides itself letting customers choose how they want to shop, which is continually changing during the pandemic. 

By Ben Unglesbee • Aug. 17, 2021

Malls are rebounding but Q2 shows how cloudy their future is

A once dependable retail format has become unpredictable as REITs sign shorter leases with variable rents and bet on "mixed use."

By Daphne Howland • Aug. 17, 2021

Walmart looks for a cryptocurrency strategy leader

The retailer follows Amazon in seeking a subject matter expert for a field that is still largely unproven and sorting itself out. 

By Ben Unglesbee • Aug. 16, 2021

New Balance sues Michael Kors over 'N' mark shoes

The luxury brand's namesake is a known fan of the shoemaker, which is targeting a design on two shoe lines it says infringed on trademarks. 

By Ben Unglesbee • Aug. 13, 2021

The Weekly Closeout: Sephora, Kohl’s aim for 200 stores by October while Party City plans 100 for Halloween

The initial locations in the Sephora at Kohl's partnership are opening in August, and the party specialist is hoping for a better fall this year than last.

By Retail Dive Staff • Aug. 13, 2021

Authentic Brands Group to acquire Reebok for $2.5B

Adidas bought the brand in 2006 and it has since struggled to find a place under the sportswear giant. The sale gives it a second chance.

By Cara Salpini • Aug. 12, 2021

Canada Goose shares slump as it moves to DTC model

Execs at the apparel brand say it's on a solid growth trajectory, but that revenue cadence is shifting with more product selling in its own channels.

By Ben Unglesbee • Aug. 12, 2021

Dillard's swings to profit in Q2 as women buy clothing and shoes

Store comps were up 14% compared to 2019, and margins widened as the Southern department store kept tight control of inventory.

By Daphne Howland • Aug. 12, 2021

Resale retailers mostly shrug off delta worries after healthy Q2

Poshmark, The RealReal and ThredUp each touted their unique advantages. But only one was profitable in the period.

By Daphne Howland • Aug. 11, 2021

HBC partners with WeWork to launch ‘SaksWorks’ coworking spaces

The new venture is set to launch in September with five locations, including the Saks Fifth Avenue New York flagship.

By Ben Unglesbee • Aug. 11, 2021

Fanatics reaches $18B valuation with plans to launch gaming, sports betting

The company's latest investors include Jay-Z, Roc Nation and SoftBank as it aims to expand beyond sports merchandise.  

By Tatiana Walk-Morris • Aug. 11, 2021

Casper revenue up nearly 40% as mattress sales remain strong

The brand continued to build out its distribution points in the quarter, adding key partnerships with Bed Bath & Beyond and Mattress Warehouse.

By Caroline Jansen • Aug. 10, 2021

Party City to open four times more Halloween pop-ups as in 2020

But the physical footprint still falls far short of the store count before the pandemic and acceleration of multi-channel shopping. 

By Ben Unglesbee • Aug. 10, 2021

Struggling Sequential Brands unloads Ellen Tracy, Caribbean Joe for $20M

The brand specialist is trying to pay down debt and stave off bankruptcy with asset sales. 

By Ben Unglesbee • Aug. 9, 2021

Square's Afterpay acquisition highlights buy now, pay later craze

The companies aim to knit together Square's small and medium-sized merchant clients with Afterpay's larger retailer customers, like Target and Sephora. 

By Lynne Marek • Aug. 9, 2021

Victoria's Secret is out in the open

The brand remained a powerhouse even when it was making mistakes. Now it's owning up to them.

By Daphne Howland • Aug. 9, 2021

Walmart loses one of highest-ranking female execs to Conn's

Chandra Holt will leave her role as executive vice president of U.S. e-commerce to become the home retailer's CEO effective Aug. 9.

By Maria Monteros • Aug. 6, 2021

The Weekly Closeout: Target debuts employee degree program and REI doubles down on travel

The big-box retailer joins Walmart in tackling education assistance, while the outdoors retailer expands access to short-term rentals for members.

By Retail Dive Staff • Aug. 6, 2021