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Gildan Activewear names new president and CEO
Company co-founder Glenn Chamandy, the previous CEO, released a statement saying he was terminated without cause after 40 years with the firm.
By Laurel Deppen • Dec. 13, 2023 -
Uniqlo plans more than 20 new stores in North America in 2024
The Japan-based fast-fashion company is expanding its retail presence in the U.S. and Canada and expects to have 200 locations open by 2027.
By Lara Ewen • Dec. 12, 2023 -
Trendline
Retail's quest to improve the customer experience
From new store concepts to AI-enabled offerings, retailers are constantly shifting their approach to better cater to shopper needs.
By Retail Dive staff -
Amazon files motion to dismiss FTC antitrust lawsuit
The e-commerce giant said in its legal rebuttal that its business practices are lawful and represent “the very essence of competition.”
By Nate Delesline III • Dec. 12, 2023 -
Rue21 appoints former GNC exec as new chief people officer
Additionally, Chief Financial Officer Michele Pascoe’s role will expand to include management of the company’s legal operations.
By Tatiana Walk-Morris • Dec. 12, 2023 -
November hiring growth slightly up from 2022: report
Though some major retailers are hiring seasonal workers this holiday, employers are relatively cautious in their hiring plans overall.
By Tatiana Walk-Morris • Dec. 12, 2023 -
Hasbro slashes 1,100 jobs amid tepid toy sales
The challenges of the first nine months of the year have persisted, and will likely continue into 2024, CEO Chris Cocks told employees.
By Daphne Howland • Dec. 12, 2023 -
Amazon pilots grocery subscription service in 3 cities
The program offers Prime customers unlimited free delivery from Amazon Fresh and Whole Foods Market on orders over $35 and unlimited 30-minute pickup regardless of order size.
By Sam Silverstein • Dec. 12, 2023 -
5 retailers that need a strong finish for the year
These retailers have borrowed heavily, delivered soft performance, seen substantial leadership turnover or operate in a heavily discretionary sector. Can they turn themselves around?
By Nate Delesline III • Dec. 12, 2023 -
Five Below looks to tech, analytics to optimize inventory
As the discount retailer aims to speed up its supply chain and hold back costs, it has also opened a sourcing office in India.
By Ben Unglesbee • Dec. 11, 2023 -
Zulily to cut more than 800 jobs in 3 states amid reported shutdown
The company is going out of business, according to news reports and posts by employees on LinkedIn.
By Nate Delesline III • Dec. 11, 2023 -
Why Macy’s investors reportedly offered $5.8B to take the department store private
The company’s real estate, and not its retail operations, are likely motivating the offer, which the would-be suitors may be willing to increase.
By Daphne Howland • Dec. 11, 2023 -
Swarovski unveils new flagship store in NYC
The location is part of the jewelry brand’s North American brick-and-mortar expansion.
By Tatiana Walk-Morris • Dec. 11, 2023 -
As 2023 winds down, Retail Dive has tracked 50 CEO exits
From Jonathan Johnson’s abrupt departure at the new Bed Bath & Beyond to Dollar General’s about-face on Jeff Owen, it’s been a year of high turnover in retail.
By Cara Salpini • Dec. 11, 2023 -
Amazon drops Venmo users
Jettisoning Venmo from the e-commerce giant’s marketplace is another strike against PayPal’s recent growth efforts.
By Lynne Marek • Dec. 8, 2023 -
Column
The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M
The accessories retailer opened a store in Mexico City, while the toy company, known for its plush stuffed animals, teamed up with H&M for a collection.
By Retail Dive Staff • Dec. 8, 2023 -
Chewy names new CFO
The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.
By Caroline Jansen • Dec. 7, 2023 -
Hundreds of new stores help push Dollar General sales up 2.4%
But the discount retailer is cutting back its expansion plans for next year as it aims to turn its business around.
By Daphne Howland • Dec. 7, 2023 -
Apparel retailers dominate prime corridor leasing: report
Athleisure brands in particular are leading the way this year, with Lululemon and Vuori opening stores in popular shopping districts.
By Tatiana Walk-Morris • Dec. 7, 2023 -
Big Lots creates new executive role to lead closeout sourcing
In the position, Seth Marks will focus on “procuring outstanding products at exceptional values through unique closeout opportunities,” the retailer said.
By Ben Unglesbee • Dec. 7, 2023 -
Best Buy increases reliance on distribution centers for customer delivery
By reducing the share of online orders shipped from stores, the retailer's employees can focus more on customer-facing services, its CEO said.
By Max Garland • Dec. 6, 2023 -
Sears is a shell of its former self. So why is it reopening some stores?
The retailer, which once boasted some 3,500 stores, has slowly whittled down its footprint. But recent openings likely don’t signal a turnaround.
By Nate Delesline III • Dec. 6, 2023 -
Can Lululemon maintain its momentum?
Ahead of the brand’s Q3 report this week, Wells Fargo analysts downgraded their stock outlook, while other analysts raised their price targets.
By Daphne Howland • Dec. 5, 2023 -
Rite Aid plans to sell 79 more stores
The drugstore chain has been shedding leases as a way to optimize its portfolio following its Chapter 11 bankruptcy.
By Tatiana Walk-Morris • Dec. 5, 2023 -
Wish launches small parcel delivery service
WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.
By Max Garland • Dec. 5, 2023 -
Sam’s Club adds 2 more distribution centers to its 2024 lineup
The St. Louis and Minneapolis facilities are slated to open in January and March, respectively, building on the Walmart-owned retailer’s plan to advance its end-to-end supply chain capabilities.
By Peyton Bigora • Dec. 5, 2023