Off-price retailers brace for uncertainty despite healthy Q2

Burlington, Ross and TJX are usually isolated from macro headwinds, but are dealing with rising freight costs, supply chain issues and unknowns.

By Daphne Howland • Aug. 30, 2021

A tale of two dollar stores: Dollar Tree hit by freight while Dollar General mostly shrugs off costs

The $1 proposition means less room to raise prices as supply chain congestion leads to extraordinary cost increases.

By Ben Unglesbee • Aug. 27, 2021

Bebe to purchase more rent-to-own furniture stores

The company, which is primarily known as a fashion licensor, is purchasing more Buddy's Home Furnishings franchises and announced that it refinanced.

By Kaarin Moore • Aug. 27, 2021

Gap keeps mum about its Yeezy collection as Old Navy, Athleta dominate Q2

The conglomerate is enjoying a comeback, but when it comes to growth, its iconic namesake and struggling Banana Republic have taken a back seat.

By Daphne Howland • Aug. 27, 2021

The Weekly Closeout: Walmart, Dove partner for inclusive baby line and Hermès sells a $1,125 dog bowl

The mass merchant wants to fill a gap in the category, and the luxury brand unveiled a product for furry friends that enjoy the finer things.

By Retail Dive Staff • Aug. 27, 2021

Ulta ‘thrilled’ with Target partnership as first 58 stores open

Aiming for 100 by the end of the third quarter, executives said the experience is already resonating with shoppers.

By Cara Salpini • Aug. 26, 2021

Resale tech startup Trove raises $77.5M

The company will use the funds to grow its brand partnerships, enter the luxury market, reach European consumers, and improve its tech and logistics.

By Tatiana Walk-Morris • Aug. 26, 2021

With plans to hire 8K employees, Lululemon raises hourly pay

In late September, the athleisure retailer's minimum wage will start at $15 or $17 to accommodate growth and prep for the holidays.

By Daphne Howland • Aug. 26, 2021

Dick’s piles on sales gains, eyes more growth with new concepts

The sporting goods retailer is doubling down on stores as it rolls out its House of Sport concept and Public Lands banner.

By Ben Unglesbee • Aug. 26, 2021

Warby Parker files to go public through direct listing

The DTC eyewear brand's revenue has been on the rise. But, like several other digitally native brands that have gone public, it struggles with profitability.

By Caroline Jansen • Aug. 25, 2021

Inventory confounds Nordstrom in subdued Q2

The department store beat expectations but, unlike most rivals, results declined from 2019 in a period still clouded by the pandemic.

By Daphne Howland • Aug. 25, 2021

Roger Federer-backed running brand On files for IPO

The company will offer 31.1 million shares priced between $18 and $20.

By Cara Salpini • Updated Sept. 7, 2021

What retail executives are saying about widespread supply chain bottlenecks

From air shipping to ship charters to price increases, industry players are managing chaos at ports and throughout the global production network every way they can.

By Ben Unglesbee • Updated Aug. 30, 2021

Best Buy flexes ongoing strength in Q2 as online sales drop

The electronics retailer is expected to continue to enjoy strong demand for its gadgets and services, but could face renewed competition from Amazon.

By Daphne Howland • Aug. 24, 2021

Amazon aggregator D1 Brands raises $123M

More investors are lining up to fund companies that are acquiring third-party sellers from Amazon and other digital natives.

By Tatiana Walk-Morris • Aug. 24, 2021

Bath & Body Works, Victoria's Secret show different strengths in Q2

With some metrics still tangled together, the now-separated brands still featured in each other's reports. But it's clear why they shouldn't be together.

By Daphne Howland • Aug. 20, 2021

Foot Locker net sales surge 28% from 2019

The company outlined more details on its acquisitions of WSS and Atmos, and provided an update on its wind down of Footaction stores.

By Cara Salpini • Aug. 20, 2021

The Weekly Closeout: Crate and Barrel partners with Shinola and Shrek goes Supreme

The retailer collaborated with the luxury watchmaker for a furniture and housewares collection, and the famous green ogre is Supreme's new muse.

By Retail Dive Staff • Aug. 20, 2021

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