Operations
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Dollar Tree poised to gain most as 99 Cents Only disappears
Despite the bankrupt discounter’s small footprint, its store closures offer a meaningful opportunity for rivals to grab share, analysts say.
By Daphne Howland • April 18, 2024 -
Courtesy of Amazon
Amazon begins offering Dash Carts to other grocers
The plan comes a few weeks after the company announced it was pulling Just Walk Out technology from Amazon Fresh stores.
By Peyton Bigora • April 18, 2024 -
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 -
Permission granted by Michaels
Michaels lowers prices on over 5K products
The arts and crafts retailer has dropped prices to 2019 levels or lower, as it aims to help customers “stretch their dollar,” according to the CEO.
By Kaarin Vembar • April 18, 2024 -
Courtesy of Levi Strauss & Co.
Levi’s reopens Bangkok store as it eyes growth in the region
The location, which features one of the brand’s tailoring shops, is part of a broader DTC strategy to grow its fleet of owned and operated stores.
By Tatiana Walk-Morris • April 18, 2024 -
Courtesy of Walmart
Walmart brings autonomous forklifts to 4 distribution centers
The Fox Robotics technology is being deployed in Florida, Texas, New York and Alabama after a 16-month pilot.
By Alejandra Salgado • April 17, 2024 -
Under Armour’s chief people and administrative officer to step down
Tchernavia Rocker is leaving the company on June 1 for “personal reasons,” the company said.
By Nate Delesline III • April 17, 2024 -
Courtesy of Adidas
Adidas raises guidance for the year as Yeezy leftovers keep on giving
But the sneaker giant is building momentum beyond the now-discontinued sub-brand, and CEO Bjørn Gulden’s turnaround seems to be taking hold.
By Daphne Howland • April 17, 2024 -
Daphne Howland/Retail Dive
Dick’s Sporting Goods, SidelineSwap expand resale partnership
The companies will hold over 300 used sports gear trade-in events at select Dick’s locations throughout the year.
By Tatiana Walk-Morris • April 17, 2024 -
Permission granted by Dollar General
Why Dollar General is winning with store count
By committing to smaller, rural markets, the retailer has room to grow its substantial store footprint, industry experts and company leaders say.
By Nate Delesline III • April 17, 2024 -
FangXiaNuo via Getty Images
Report: Chief marketer tenure stabilizes, though volatility remains high at top brands
A rise in internal promotions, first-time CMOs and outside hires were among the other big trends identified in Spencer Stuart’s assessment.
By Peter Adams • April 17, 2024 -
HEYDUDE
Stanley Brand president to lead Heydude
Terence Reilly, who ushered the more than a century-old brand to viral success, is rejoining Crocs Inc., where he previously served as chief marketing officer.
By Nate Delesline III • April 16, 2024 -
Courtesy of L Brands
Bath & Body Works opens first store in London
A second location will open in the city this fall, as the company looks internationally to spur growth.
By Kaarin Vembar • April 16, 2024 -
Daphne Howland/Retail Dive
Sephora taps Nike vet to lead Greater China
Xia Ding spent five years at the activewear giant and also brings experience from HanesBrands and JD.com.
By Cara Salpini • April 16, 2024 -
Michaels gets S&P upgrade on improved performance and credit metrics
But topline trends in the arts and crafts retail sector are likely to stay soft in 2024 as inflation persists, analysts say.
By Nate Delesline III • April 15, 2024 -
Courtesy of Fly By Jing
Fly by Jing lowers prices as it expands into over 2K Walmart stores
The price reductions come as consumers feel the pressure of inflation, especially in the grocery category.
By Caroline Jansen • April 15, 2024 -
Cara Salpini/Retail Dive
Inside a closing Macy’s store
CEO Tony Spring surprised the industry with a new tranche of 150 department store closures, 50 of which are shuttering in 2024. Here’s what that looks like.
By Cara Salpini • April 15, 2024 -
Courtesy of Knot Standard
Billy Reid acquires Knot Standard’s DTC business
As part of the deal, the fashion retailer will take over the DTC brand’s stores and start using its AI-based made-to-measure software in all its locations.
By Cara Salpini • April 12, 2024 -
Courtesy of Conn's
Conn’s swings to a profit in Q4 as annual losses grow
Three months after acquiring a rival home goods retailer, Conn’s is focusing on consumer financing as a revenue driver.
By Nate Delesline III • April 12, 2024 -
Daphne Howland/Retail Dive
Levi’s taps Burberry veteran to lead DTC push
Gianluca Flore, who has also had leadership roles at Kering and Bottega Veneta, will oversee all of the denim brand’s selling channels globally.
By Daphne Howland • April 12, 2024 -
Courtesy of PetSmart
ColumnThe Weekly Closeout: PetSmart hosts tattoo redo contest, Williams Sonoma announces book tour with Ina Garten
The pet retailer is offering to pay to replace regretted tattoos, and the home retailer will host a four-city tour to celebrate the food celebrity’s new book.
By Retail Dive Staff • April 12, 2024 -
Sviatlana Zyhmantovich via Getty Images
BNPL users report problems with overspending, missed payments: survey
Consumers are using buy now, pay later services to spread out their cash flow, according to a new Bankrate report.
By Tatiana Walk-Morris • April 12, 2024 -
Courtesy of Amazon
Andy Jassy says Amazon will deepen investments in generative AI
Jassy described the tech as “the largest technology transformation since the cloud” or the internet, and said the company is “optimistic” it will be built on top of AWS.
By Nate Delesline III • April 11, 2024 -
Permission granted by Rent the Runway
Rent the Runway turns to resale, advertising in renewed growth push
The apparel rental service beat expectations in Q4 and struck a note of confidence, saying its restructuring earlier this year wasn’t just about cuts.
By Daphne Howland • April 11, 2024 -
Courtesy of Qurate Retail Group
Qurate Retail Group promotes CFO to expanded role
Bill Wafford has taken on the additional position of chief administrative officer and will oversee the company’s transformation office.
By Tatiana Walk-Morris • April 11, 2024 -
Courtesy of Shein
Shein has copyright infringement ‘baked into’ its business model: class action lawsuit
The complaint is the latest to claim the fast-fashion company steals designs from independent artists.
By Laurel Deppen • April 11, 2024
