Adidas plans to sell some of its Yeezy inventory and donate the money

CEO Bjørn Gulden said Thursday that burning the $1.3 billion worth of products was not the solution.

By Cara Salpini • May 11, 2023

Oatly to boost its president to CEO

Jean-Christophe Flatin will take the helm at the Swedish oat milk company on June 1, while current leader Toni Petersson will transition to co-chairperson of the board of directors.

By Megan Poinski • May 11, 2023

Explore the Trendline➔

Gen Z and the next-generation consumer

If there's anything retailers want more than financial stability right now, it's to understand Gen Z. 

By Retail Dive staff

Etsy introduces wedding registry service

Couples can pick out handmade or personalized products on the platform, as once popular retailers for the service disappear. 

By Tatiana Walk-Morris • May 11, 2023

Former Target CFO heads to Nordstrom

Cathy Smith, most recently chief financial officer at Bright Health Group, is taking the job left open by Anne Bramman last year.

By Daphne Howland • May 11, 2023

When the mall is the target: The state of retail and mass shootings

Stores and malls are especially vulnerable to random attacks like the recent killing of eight people at the Allen Premium Outlets in Texas.

By Daphne Howland • May 11, 2023

Allbirds undergoes layoffs, co-CEO transitions to new role

Co-founder Tim Brown has taken on the chief innovation officer role as the direct-to-consumer brand reported a drop in its Q1 net revenue.

By Dani James • May 10, 2023

Dollar General boosts supply chain with new distribution centers

The addition of three new facilities expands storage and distribution capacity for the retailer.

By Ben Unglesbee • May 10, 2023

Dollar Tree to lay off about 90 at corporate office

A WARN Notice indicates that people will be let go by June 23 from the discount retailer’s Chesapeake, Virginia, headquarters. 

By Nate Delesline III • May 10, 2023

Higher-income shoppers help ThredUp narrow loss, grow sales in Q1

The secondhand apparel site plans to reach a measure of profitability by Q4, but some analysts warn its growth plans could risk that.

By Daphne Howland • May 10, 2023

Joann CEO exits the company after ‘challenging’ year

Wade Miquelon retired as of Monday. Two executives will lead in the interim while the board searches for a permanent replacement.

By Kaarin Moore • May 10, 2023

Why Bed Bath & Beyond’s private labels were a bust

The now-bankrupt home goods retailer hired the merchant who led the development of billion-dollar store brands at Target. What went wrong?

By Daphne Howland • May 10, 2023

Foxtrot’s new CEO talks expansion and innovation

Liz Williams discusses what the urban c-store chain is planning — from new pizza options to suburban stores — as she tackles her new role.

By Brett Dworski • May 10, 2023

ThredUp lists on alternative stock exchange

The resale company will commit to a vision for sustainable and inclusive business practices on the Long-Term Stock Exchange.

By Nate Delesline III • May 9, 2023

NRF: US imports forecast to remain ‘well below’ 2022

Although retail sales are expected to increase, “we’re not seeing the explosive demand we saw the past two years,” the NRF said. 

By Tatiana Walk-Morris • May 9, 2023

Christmas Tree Shops files for Chapter 11

The New England-based discount retailer owes vendors millions and is asking a court for permission to close about 10 stores.

By Nate Delesline III • May 9, 2023

Under Armour CEO: ‘Growth is, without a question, our highest priority’

New chief Stephanie Linnartz identified a slew of areas that need work and rolled out a strategy that hinges on athleisure.

By Cara Salpini • May 9, 2023

Tempur Sealy snaps up Mattress Firm for $4B

Mattress Firm, which has been buffeted by the disruption in the segment and recently canceled its IPO, still runs more than 2,300 stores.

By Daphne Howland • May 9, 2023

From stores to suppliers, how Destination XL tries to dodge the inventory ‘kiss of death’

“We have a philosophical point of view where we'd rather be chasing goods than chasing cancellations,” CEO Harvey Kanter said. 

By Ben Unglesbee • May 9, 2023

Walmart taps company veteran as chief merchant

Latriece Watkins, who began at the retail giant as an intern two decades ago, replaces Charles Redfield, who left last month.

By Daphne Howland • May 8, 2023

Foot Locker brings on Nike, Lululemon veteran to lead WSS banner

Blanca Gonzalez, a longtime Nike executive, will oversee operations for the Latino-focused business, reporting to Chief Commercial Officer Frank Bracken.

By Cara Salpini • May 8, 2023

EBay Ventures invests in sporting goods marketplace SidelineSwap

SidelineSwap also received an investment by DSG Ventures — the corporate venture arm of Dick’s Sporting Goods — last fall.

By Tatiana Walk-Morris • May 8, 2023

Osprey, Hydro Flask owner cuts 18% of SKUs in supply chain overhaul

As Helen of Troy sheds inventory, it’s also finding more opportunities to consolidate its distribution footprint.

By Sarah Zimmerman • May 8, 2023

Amazon opens robotic fulfillment center in Connecticut

Employees will work alongside “thousands of robotic systems” to process smaller shipments such as books and toys, according to a spokesperson.

By Alejandra Carranza • May 8, 2023

‘We’ve chosen both’: How Nike aims to connect DTC and wholesale

While the athletics giant has invested heavily in its own digital channels and physical stores, the retailer is also trying to broaden its ecosystem to its wholesale partners.

By Cara Salpini • May 8, 2023

Tackling the complexities of high-end retail construction

Best practices for overcoming the unique challenges of building a retail space.

May 8, 2023