Operations
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Newell Brands to lay off 13% of office staff
The cuts will be done by the end of 2023 and are part of a broader restructuring plan aimed at saving up to $250 million a year.
By Xanayra Marin-Lopez • Jan. 27, 2023 -
Sam’s Club to open 30 new stores, invest in supply chain
The wholesale club chain is also adding more distribution centers as it expands its store fleet over the next few years.
By Sarah Zimmerman • Jan. 27, 2023 -
Trendline
Digital innovation and technology trends in retail
From drones to smart fitting rooms, to cashless purchases to virtual meditation, how the consumer engages with retailers continue to evolve.
By Retail Dive staff -
Best Buy Canada reportedly laying off 700
The company's services could balance softening demand for consumer electronics, according to analysts.
By Nate Delesline III • Jan. 27, 2023 -
Column
The Weekly Closeout: Foot Locker faces privacy suit and Levi’s misquotes Mark Twain
A lawsuit alleges the athletics retailer violated California’s privacy act. Meanwhile, Levi’s CEO Chip Bergh cited the author on why skinny jeans are not dead.
By Retail Dive Staff • Jan. 27, 2023 -
Hasbro slashes global workforce amid challenging consumer environment
The move is part of a reorganization that includes the COO’s departure and a shift away from consumer products.
By Daphne Howland • Jan. 27, 2023 -
Foot Locker to cut corporate roles, wind down Sidestep banner
New CEO Mary Dillon is rapidly making changes to a business that analysts said "clearly needed a shake-up.”
By Cara Salpini • Jan. 27, 2023 -
Pacsun appoints new co-CEO
Brie Olson will replace Alfred Chang, who is leaving to lead luxury brand Fear of God, though he will remain on the Pacsun board.
By Tatiana Walk-Morris • Jan. 27, 2023 -
Home Depot launches in-house app to prioritize employee tasks
Sidekick, the machine learning-powered platform built in-house, is currently live at 600 stores.
By Roberto Torres • Jan. 27, 2023 -
Levi’s CEO: ‘The skinny jean is not going anywhere’
Baggy styles are on-trend and selling, but the closet staple is hanging around. Meanwhile, the company sees inventory returning to normal by mid-year.
By Daphne Howland • Jan. 26, 2023 -
Retrieved from Gymshark on January 26, 2023
Gymshark lays off 65 US employees
The U.K.-based athletics brand joins a growing list of direct-to-consumer companies announcing layoffs as the year starts.
By Dani James • Jan. 26, 2023 -
Paula’s Choice CEO exits
Tara Poseley, who has led the brand since 2016, is succeeded by Chief Marketing Officer Erika Kussmann.
By Dani James • Jan. 26, 2023 -
Retrieved from Nugget on January 26, 2023
DTC kids brand Nugget raises prices
The company, known for its modular couches, cited rising production costs as the reason for needing to adjust prices for the first time since 2014.
By Caroline Jansen • Jan. 26, 2023 -
Podcast
The Backroom: What’s going on with DTC this year?
The team introduces new co-host Dani James and talks about changes in the direct-to-consumer space and the ongoing importance of brick and mortar.
By Retail Dive Staff • Jan. 26, 2023 -
The RealReal taps Neiman Marcus vet as CEO
John Koryl most recently led digital strategy at Canadian Tire Corporation and takes the job eight months after founder Julie Wainwright’s abrupt exit.
By Daphne Howland • Jan. 26, 2023 -
Sephora returns to the UK with London store
Two years ago, the retailer acquired U.K.-based Feelunique, and last year, the company launched its own digital presence and app in the region.
By Tatiana Walk-Morris • Jan. 26, 2023 -
Ralph Lauren vet named president of West Elm
Day Kornbluth joins the Williams-Sonoma brand from the luxury retailer, where she most recently served as global brand president of Ralph Lauren Home.
By Kaarin Vembar • Jan. 26, 2023 -
E-retailers Saks, Saks Off 5th, The Bay resort to layoffs amid turmoil in tech
In 2021, HBC split the online and brick-and-mortar operations of its companies to gain financial and talent advantages. Now, all three spinoffs are cutting jobs.
By Daphne Howland • Jan. 25, 2023 -
The Athlete’s Foot builds out its marketing team
The company promoted two executives and added two new positions including a social media coordinator and a marketing coordinator.
By Tatiana Walk-Morris • Jan. 25, 2023 -
Tractor Supply opens its largest distribution center
The Ohio center is the first of three to open as part of the retailer's plan to enhance supply chain efficiency.
By Alejandra Salgado • Jan. 25, 2023 -
How a Black Friday website crash prepped Lowe’s for the pandemic
CEO Marvin Ellison said the 2018 incident spurred changes that paid off two years later when the retailer saw a huge surge in demand.
By Kaarin Vembar • Jan. 25, 2023 -
Amazon doubles down on generic drugs with new RxPass subscription
RxPass will run Prime customers $5 per month to fill prescriptions from a list of about 50 generic medications.
By Rebecca Pifer • Jan. 25, 2023 -
Dollar Tree names former Dollar General exec Rick Dreiling CEO
Outgoing CEO Mike Witynski is stepping down from the Dollar Tree board and leaving the company.
By Nate Delesline III • Jan. 24, 2023 -
Purple rejects takeover bid
Coliseum Capital Management sent the brand an unsolicited proposal in September to acquire its remaining common stock for $4.35 a share.
By Caroline Jansen • Jan. 24, 2023 -
Versace exec to take on CEO post at Michael Kors
Cedric Wilmotte, who currently heads operations at Versace, will move to the new position in April.
By Cara Salpini • Jan. 24, 2023 -
H&M transforms Williamsburg store to showcase athletic collection
The location is a “kinetic, tactile playground” that showcases the retailer’s new H&M Move brand and offers daily fitness classes.
By Tatiana Walk-Morris • Jan. 24, 2023