Operations

  • Dollar Tree storefront.
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    Flickr; Mike Mozart
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    Column

    The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale

    The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.

    By Retail Dive Staff • May 26, 2023
  • A sign that reads "try love buy" in front of a range of beauty displays at an Ulta Beauty shop-in-shop inside of a Target.
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    Cara Salpini/Retail Dive
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    Ulta to put fragrance behind locked cabinets in 70% of stores thanks to increased theft

    The beauty retailer, with Q1 sales growth topping 12%, said it’s investing in security guards and police presence in parking lots to deter crime.

    By • May 26, 2023
  • Container yard port Explore the Trendline➔
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    Courtesy of DHL
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    Trendline

    Inside retail supply chains

    While supply chains seems to be balancing out, the threat of more disruptions remain. 

    By Retail Dive staff
  • A building with a pitched roof and "Athleta" in big block letters is seen at a slant from below.
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    Daphne Howland/Retail Dive
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    Gap Inc. losses shrink in Q1 as sales continue to slide

    Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.

    By • May 26, 2023
  • Journeys store front
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    "Journeys" by Bentley Mall is licensed under CC BY 1.0 / Edited by https://commons.wikimedia.org/w/index.php?title=User:BentleyMall&action=edit&redlink=1/Retail Dive
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    Journeys to close 100 stores this year, move away from malls

    The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.

    By Tatiana Walk-Morris • May 26, 2023
  • Zulily's webpage
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    Courtesy of Zulily
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    QVC parent company sells Zulily to investment firm

    Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy. 

    By • May 26, 2023
  • A dark blue van with the word "Geek" in large white letters is parked in a lot.
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    Daphne Howland/Retail Dive
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    Best Buy CEO: ‘2023 will be the bottom’ for falling electronics sales

    Profits and revenue declined in Q1, driven by falling computer, appliance, home theater and mobile phone sales, executives said Thursday.

    By • May 25, 2023
  • A headshot of Nike executive Craig Williams against a grey background.
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    Courtesy of Nike
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    In massive executive shuffle, Nike names new Jordan president

    Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.

    By • May 25, 2023
  • Exterior shot of a Dollar General store.
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    Courtesy of Dollar General
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    Dollar General creates new role focused on emerging markets

    Steve Deckard, who joined the retailer in 2006, will oversee the company’s Mi Súper Dollar General in Mexico, Popshelf and DG Well Being initiatives.

    By Tatiana Walk-Morris • May 25, 2023
  • A Sephora at Kohl's location
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    Courtesy of Kohl's
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    Citing progress in Q1, Kohl’s will open new stores, avoid closures

    The department store is working on its turnaround this year, leaning heavily on its Sephora partnership to drive sales and traffic.

    By • May 24, 2023
  • The entrance to a store with the word "Express" repeated above each glass door.
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    Daphne Howland/Retail Dive
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    Express closes on Bonobos acquisition as sales fall 15%

    The apparel retailer has hired advisers to help it cut costs as losses pile up.

    By • May 24, 2023
  • External shot of a Dick's Sporting Goods store.
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    Daphne Howland/Retail Dive
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    Dick’s plans 9 House of Sport stores in 2023 as sales rise 5.3%

    Unlike Foot Locker, the sporting goods retailer said its consumer is holding up well as it reaffirmed its full-year outlook.

    By • May 24, 2023
  • Piles of textiles sorted by color sit on racks and tables in a big warehouse.
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    Courtesy of ReCircled, photo credit: Emily Garrick, RA Productions
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    Textile recycling, reuse missing from FTC’s Green Guides, group says

    Companies and advocates in the textile and fashion industries are urging the Federal Trade Commission to add the issue to its ongoing workshops.

    By • May 23, 2023
  • A Walmart employee handles a crate in a market fulfillment center.
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    Courtesy of Walmart
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    Walmart opens store-based fulfillment center in Arkansas

    The facility will help the retailer boost order throughput via a proprietary storage and retrieval system.

    By Max Garland • May 23, 2023
  • Customers enter BJ's Wholesale Club February 21, 2007 in Philadelphia, Pennsylvania.
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    Jeff Fusco via Getty Images
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    BJ’s CIO to depart after 6 years

    The club retailer is losing longtime EVP and CIO Scott Kessler, effective Friday. 

    By Lindsey Wilkinson • May 23, 2023
  • A worker in a yellow vest inspects a package with the Target logo as it makes its way down a conveyor belt.
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    Permission granted by Target
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    Target’s delivery operations evolve with improved capacity, loading speeds

    The retailer is testing high-capacity vans that can deliver nearly five times as many packages as sedans.

    By Max Garland • May 23, 2023
  • Sundry
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    Retrieved from Sundry on January 25, 2022
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    Digital Brands Group sees potential for 50 retail stores

    Thanks mostly to its acquisition of women's apparel brand Sundry, the direct-to-consumer company reported a net revenue increase of 48% in Q1.

    By • May 22, 2023
  • A group of Yeezy shoe products on a beige background.
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    Courtesy of Adidas
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    Adidas to resume selling Yeezy products at the end of May

    It’s the first time the products have been up for sale since Adidas broke ties with Kanye West, also known as Ye, in October.

    By • May 22, 2023
  • Exterior shot of The Container Store.
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    Courtesy of The Container Store
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    The Container Store announces layoffs

    The retailer employs over 5,000 people, but would not disclose the number of jobs impacted. 

    By • May 22, 2023
  • Exterior shot of a Belk Outlet store.
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    Courtesy of Belk
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    Belk opens 10 more outlet locations in May

    The regional department store is expanding its off-price concept with openings in Florida, Georgia, Louisiana and other states.

    By Tatiana Walk-Morris • May 22, 2023
  • The exterior of a store with a banner that reads "Bath & Body Works."
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    Courtesy of Bath & Body Works
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    Bath & Body Works will launch hair care products in 560 stores this summer

    The chain is looking for ways to grow and find new customers as its booming pandemic-related sales subside.

    By • May 19, 2023
  • Foot Locker storefront
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    Cara Salpini/Retail Dive
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    Foot Locker sales fall 11% as consumers pull back on spending

    Planning for larger declines than anticipated, the retailer slashed its full-year guidance and brought on a Kohl’s veteran as chief financial officer.

    By • May 19, 2023
  • A Five Below employee assists a customer at the checkout counter
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    Permission granted by Five Below
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    Five Below expanding in Simon-owned centers

    The youth-focused discount retailer plans to open 9 new spots at locations owned by Simon this year.

    By • May 19, 2023
  • Pacsun storefront.
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    Kaarin Vembar/Retail Dive
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    Pacsun names CEO

    Co-CEO Brie Olson was named to the top role, while CFO Russell Bowers will take on the additional position of COO. 

    By Tatiana Walk-Morris • May 19, 2023
  • A Scotch & Soda storefront in Berlin
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    Courtesy of Scotch & Soda
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    B. Riley acquires equity interest in Scotch & Soda through Bluestar

    The arrangement solidifies financial ties between the financial group and the brand management company, and adds to a growing stable of fashion labels under their control.

    By Lara Ewen • May 19, 2023
  • A person speaks at a microphone, surrounded by a group of people. A sign on the right says "Combating retail theft New York City."
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    Courtesy of New York City Mayor's Office
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    NYC focuses on repeat offenders, social services to combat surge in retail theft

    Just 327 serial shoplifters accounted for a third of the more than 22,000 retail theft arrests made in the city last year, officials said.

    By • May 18, 2023