The Weekly Closeout: J.C. Penney’s inclusive kids apparel brand and the second(ish) item in Yeezy Gap

The department store launched a label in time for the back-to-school shopping season, and the rapper seems to be aiming for a repeat of its first product drop.

By Retail Dive Staff • July 16, 2021

S&P: Badly located malls remain vulnerable

Shopping centers in sparsely populated areas are likely to continue to lose tenants and sales, according to an S&P Global Market Intelligence report.

By Daphne Howland • July 15, 2021

Popshop Live valued at $100M

With celebrity backers, the platform aims to grow its platform as other livestream shopping apps raise venture capital.

By Tatiana Walk-Morris • July 15, 2021

Child tax credits an 'underappreciated' stimulus that could boost retail: Cowen

With monthly checks set to go to 39 million households, food, apparel, footwear and e-commerce sellers could benefit as back-to-school season picks up. 

By Ben Unglesbee • July 14, 2021

Shopic raises $10M for its clip-on smart cart tech

The Israeli artificial intelligence company is looking to set itself apart with a frictionless shopping system that can be attached to standard grocery carts.

By Sam Silverstein • July 14, 2021

QVC-owner Qurate hires new CEO

Set to retire this year, Mike George led the company through a tumultuous but successful journey during the pandemic. 

By Ben Unglesbee • July 13, 2021

Klarna acquires social shopping startup Hero

As part of the deal, Klarna's 250,000 retail partners will have access to the platform, allowing in-store staffers to become content creators.

By Tatiana Walk-Morris • July 13, 2021

In quest for Gen Z attention, Nordstrom takes minority stake in Topshop

The department store's partnership with new brand owner Asos promises to boost U.S. sales for a set of retailers previously owned by U.K.'s Arcadia.

By Daphne Howland • July 12, 2021

'L Brands' name to disappear as board approves company split

Bath & Body Works and Victoria's Secret are set to become separate, eponymous companies, marking the end of the L Brands conglomerate. 

By Ben Unglesbee • July 12, 2021

The Weekly Closeout: Pacsun gets into resale, and is Instagram really not for photos anymore?

The growing market for secondhand has another eager participant, and the social media platform is betting big on shopping.

By Retail Dive Staff • July 9, 2021

Is Yeezy Gap a billion-dollar brand?

The retailer that once defined American casual fashion is trying to regain attention by collaborating with one of the world's most idiosyncratic artists. 

By Daphne Howland • July 8, 2021

Authentic Brands files IPO as it chases more growth

The owner of the Forever 21 and Barneys names is eyeing a global branding empire and market opportunity worth up to $650 billion. 

By Ben Unglesbee • July 7, 2021

Glossier lands $80M in funding as it looks toward international expansion

The DTC beauty brand has plans for dozens of stores and is looking to enter new markets with an "e-commerce-first approach."

By Cara Salpini • July 7, 2021

Neiman Marcus says there's no plan to sell Bergdorf Goodman

The department store, which has owned the storied Manhattan retailer for 50 years, pushed back against details in a New York Post report last week.

By Daphne Howland • July 6, 2021

Intimacy brand Maude raises $5.8M to grow team, product lineup

The sexual wellness brand is one of the most VC-backed companies in its category, with $10 million raised over four funding rounds.

By Maria Monteros • July 6, 2021

Apparel maker Global Brands shares stop trading

The company, which makes products for Ellen Tracy, b new york and others, has been selling assets and negotiating with lenders as it tries to stabilize.

By Ben Unglesbee • July 2, 2021

Genesco prevails in board fight with activist investor

Shareholders "overwhelmingly" re-elected the footwear seller's directors after an activist pushed to shake up its board and strategy.

By Ben Unglesbee • Updated July 20, 2021

All Gap company stores in U.K., Ireland to close

As Gap Inc. tightens its belt at its namesake brand, its overseas operations are shrinking, with new partnerships in France and Italy also announced.

By Daphne Howland • July 1, 2021

Brooklinen secures investment from private equity firm Freeman Spogli

The DTC bedding brand said it will leverage the partnership to further grow its e-commerce, retail and wholesale businesses.

By Caroline Jansen • July 1, 2021

New SPAC from former Coach, Tapestry CEOs chases Gen Z-friendly brands

The vehicle is leaning on its leadership experience to help it acquire companies that have shown "powerful emotional engagement" with younger consumers. 

By Ben Unglesbee • June 30, 2021

Bed Bath & Beyond sales up 50% as consumers continue investing in homes

Even as the country begins to show signs of recovery from the pandemic, the retailer's momentum isn't slowing, spurring it to raise its full-year outlook.

By Caroline Jansen • June 30, 2021

Etsy will buy the 'Etsy of Brazil' for $217M

The acquisition helps push the artisan marketplace beyond its core markets, continuing a measured but ambitious expansion.

By Daphne Howland • June 28, 2021

'Listen to the frontline': Hubert Joly on the art of the turnaround at Best Buy

The former CEO's own friends called him crazy for taking on a retailer left for dead. Today Best Buy is the poster child of thriving in the Amazon age.

By Ben Unglesbee • June 25, 2021

Nike plans for $50B in revenue next year

By 2025, the company expects to reach a 60% DTC business and 50% digital, through both owned and partner channels.

By Cara Salpini • June 25, 2021

GOAT valuation doubles to $3.7B following $195M funding round

The company, which was primarily known as a sneaker resale marketplace before adding apparel and accessories, will expand its global footprint.

By Tatiana Walk-Morris • June 25, 2021