Operations
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Enjoy Technology files for bankruptcy with plans to sell itself
Centered around mobile stores that bring retail service inside homes, the company has been burning cash and suffering supply shortages.
By Ben Unglesbee • June 30, 2022 -
Podcast
The Backroom: Enjoy Technology set out to disrupt retail. But it got disrupted instead.
Led by former J.C. Penney CEO Ron Johnson, the now-bankrupt “commerce-at-home” company has suffered from constrained supply and high costs.
By Retail Dive Staff • June 30, 2022 -
Trendline
The latest in experiential retail
With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints.
By Retail Dive staff -
Ace Hardware shuts down The Grommet, lays off 44
The hardware retailer’s co-op structure made it difficult to expand the platform, according to founder Jules Pieri, who announced the closure on LinkedIn.
By Daphne Howland • June 30, 2022 -
Bed Bath & Beyond CEO out as sales fall 25% in Q1
Mark Tritton, who took the helm in late 2019 after helping execute a turnaround at Target, is replaced by independent board member Sue Gove in the interim.
By Caroline Jansen • June 29, 2022 -
Enjoy Technology to 'pause' on selling Apple products
The cash-strained company said it is halting its “commerce-at-home” services for the tech maker to focus on business priorities.
By Ben Unglesbee • June 29, 2022 -
StockX lays off 8% of its workforce
The embattled sneaker resale marketplace said that it’s had to adapt quickly as global economic challenges reshape consumer behavior.
By Daphne Howland • June 29, 2022 -
Pinterest names Google president of commerce as CEO
The image-sharing platform continues its push into social retail as co-founder and former CEO Ben Silbermann transitions to the executive chairman role.
By Dani James • June 29, 2022 -
FTC sues Walmart on claims it failed to protect money transfer customers from fraudsters
The agency alleged that the retail giant has inadequate training and anti-fraud practices in place. The company said the lawsuit is baseless.
By Ben Unglesbee • June 29, 2022 -
Function of Beauty hires 20-year L'Oréal vet as chief marketer
The personalized beauty brand is building out a team of industry veterans as it looks to scale.
By Tatiana Walk-Morris • June 29, 2022 -
Self-checkout shipments could surpass 300K by 2027: report
Cashless systems are growing in popularity, and retailers are testing new features like facial recognition.
By Tatiana Walk-Morris • June 28, 2022 -
How retailers are grappling with sustainability
In an industry that inevitably generates waste, the path to a more environmentally friendly future is littered with difficult choices.
By Retail Dive Staff • June 28, 2022 -
Retrieved from Amazon on June 28, 2022
Amazon unveils first fully autonomous mobile robot
The company aims to automate the handling of heavy, package-carrying carts with its Proteus robot, allowing employees to focus on other tasks.
By Max Garland • June 28, 2022 -
Nike's Q4 sales fall slightly after 20% decline in China
The athletics giant is launching commerce and activity apps specific to the region in the next six months to better connect with shoppers.
By Cara Salpini • June 28, 2022 -
Walgreens calls off Boots sale despite 'significant interest'
Macroeconomic instability caused a sudden shift in financing availability, plus the retailer said its U.K. business is doing better now.
By Daphne Howland • June 28, 2022 -
Dollar Tree's C-suite just went through a huge shakeout
Gone or nearly gone are the discounter’s chief operating, financial, information, strategy and legal officers following an activist revolt.
By Ben Unglesbee • June 28, 2022 -
PayPal changes up its pricing
In a move that could increase or decrease charges for merchants, the company said it aims to better distinguish between personal and commercial payments on its system.
By Lynne Marek • June 27, 2022 -
Retrieved from Walmart Now on June 24, 2022
Instacart and Walmart Canada launch virtual convenience store
Walmart Now offers delivery of around 4,000 grocery, pantry and household items, which are fulfilled through a handful of the retailer’s stores.
By Catherine Douglas Moran • June 27, 2022 -
Foot Locker divests its team sales business
The sale comes as the retailer has nearly finished merging its Eastbay and Champs Sports brands into a single unit focused on young athletes.
By Ben Unglesbee • June 27, 2022 -
Madison Reed names chief marketing, digital officers
The company also appointed Michael Dubin, founder and former CEO of Dollar Shave Club, to its board.
By Tatiana Walk-Morris • June 27, 2022 -
Inventory in 2022: Normal is still nowhere in sight
With Target taking the vocal lead, retailers are flushing out excess inventory to reset for the holidays. How much they’ll sell then is anybody’s guess.
By Ben Unglesbee • June 27, 2022 -
Anne Klein to sell furniture at tricky time for the category
The apparel brand will take inspiration from the late designer’s homes in Manhattan and the Hamptons and debut the collection this coming winter.
By Daphne Howland • June 27, 2022 -
How retailers are responding to the Roe v. Wade ruling
Many companies have spoken out in the wake of the decision to reiterate current benefits or add to their abortion coverage for employees.
By Retail Dive Staff • June 27, 2022 -
Deep Dive // Sustainability in retail
DTC brands have long been vocal about the importance of sustainability. Is that enough?
As more direct-to-consumer companies find value in physical retail, they must consider how that fits into their goals.
By Caroline Jansen • June 27, 2022 -
Sponsored by HSI
Psychological safety is key to retail employee retention
Retail leaders must consider a broader view of employee safety.
June 27, 2022 -
Column
The Weekly Closeout: Nike exits Russia and tech firms unite around the metaverse
The athletics giant won’t reopen its stores in the region. Meanwhile, Meta, Microsoft and others teamed up to develop standards for the virtual concept.
By Retail Dive Staff • June 24, 2022