Adidas projects first annual loss in 3 decades as it shakes up management team

The impact of its terminated Yeezy partnership is biting into profitability and revenue.

By Nate Delesline III • March 8, 2023

Nike taps new head of women’s, DEI

Changes on the DTC side of the business will help support its digital-led strategy, the company said.

By Cara Salpini • March 8, 2023

Explore the Trendline➔

The state of retail operations

Daily operations have changed tremendously over the past few years, as retailers re-examine topics including shrink and pricing. 

By Retail Dive staff

Stitch Fix CFO to exit as declines persist

Dan Jedda, who came from Amazon about two years ago, in May will become chief financial officer at Roku, as the box e-retailer continues its CEO search.

By Daphne Howland • March 8, 2023

Disciplined inventory management helped Macy’s weather tough 2022

The retailer has relied on data and analytics to forecast demand and make decisions around purchasing and pricing.

By Ben Unglesbee • March 8, 2023

S&P upgrades Bed Bath & Beyond but warns of ongoing concerns

The retailer remains in a precarious financial position with the outcome of its turnaround plan uncertain.

By Nate Delesline III • March 7, 2023

ThredUp, chasing profitability, tests consignment fees

The resale site reports softer sales in a promotional apparel environment but expects to break even later this year.

By Daphne Howland • March 7, 2023

Kohl’s shrinks inventory position after ‘out of control’ levels in 2022

The retailer will ask suppliers to be more “nimble” as it plans for less product and chases demand, according to Kohl’s digital business chief.

By Ben Unglesbee • March 7, 2023

Versed names former Dollar Shave Club exec as CEO

The skin care brand has hired Kerry Sullivan, who most recently was the chief marketing officer of the DTC shaving company.

By Dani James • March 6, 2023

Ross to open 100 stores this year

The retailer said it wants to eventually grow its physical store footprint to 2,900 locations.

By Nate Delesline III • March 6, 2023

Express COO to retire

Matthew Moellering has been with the apparel retailer for 20 years, and stepped into interim C-suite roles at critical moments for the company. 

By Kaarin Moore • March 6, 2023

J.C. Penney hasn’t had to release its finances since 2020. Here’s how the retailer is doing.

The department store insists it’s on a “strong financial footing,” but filings show ongoing volatility under its post-bankruptcy ownership.

By Daphne Howland • March 6, 2023

After Bath & Body Works names another new director, activist investor backs off proxy fight

Hedge fund Third Point, which has been pressuring the personal care retailer, has now succeeded in getting two of its candidates onto the board. 

By Daphne Howland • March 6, 2023

Amazon to close 8 of its Go stores

The e-commerce giant will close two of the convenience store locations each in Seattle and New York City and four in San Francisco.

By Brett Dworski • March 6, 2023

Amazon pulls back from UPS as it builds out logistics empire

While UPS' priorities have shifted, Amazon’s capabilities have transformed. But both face obstacles that could complicate plans to reduce business with each other.

By Max Garland • March 6, 2023

Victoria’s Secret will reboot its fashion show this year as turnaround gains traction

The once infamous event was canceled four years ago amid rising criticism of its messaging and the dawn of #MeToo.

By Daphne Howland • March 3, 2023

QVC, HSN parent lays off 12% of its workforce

The move, which affects some 400 employees, will generate $60 million in savings as Qurate Retail Group continues to work on its turnaround plan.

By Nate Delesline III • March 3, 2023

Ex-Twitter exec joins Peloton as new chief people officer

Dalana Brand is the second executive at Peloton to bring experience from the social media platform. She will report directly to CEO Barry McCarthy.

By Dani James • March 3, 2023

In push for growth, Nordstrom bets on Rack, exits Canada

Amid Q4 declines, the department store is prioritizing its off-price business, rapidly expanding its footprint and improving its assortment.

By Daphne Howland • March 3, 2023

Target to broaden assortment of products priced $15 and under

The retailer is leaning further into its "Tarjay" reputation and will also expand its Apple and Ulta shop-in-shops.

By Kaarin Moore • March 3, 2023

TJX sees buying opportunities as retail sector falters

The off-pricer’s CEO said product availability has been “phenomenal” as other companies look to offload product they can’t sell. 

By Ben Unglesbee • March 3, 2023

Touting off-mall success, Macy’s mulls acceleration of small-store strategy

CEO Jeff Gennette also said the retailer has closed its most unprofitable mall stores and that 99% of its mall base is now profitable.

By Daphne Howland • March 2, 2023

Best Buy to close as many as 30 stores this year

The electronics retailer is also remodeling stores to its experiential format and opening 10 outlets.

By Nate Delesline III • March 2, 2023

Qurate Retail Group brings on Everlane vet as CFO

Bill Wafford, who also served as chief financial officer at J.C. Penney and The Vitamin Shoppe, is joining the company in the midst of its turnaround plan. 

By Tatiana Walk-Morris • March 2, 2023

Meati brings on CPG veterans for supply chain and operations

The hires come as the mycelium meat analog company prepares for a national retail launch this year.

By Megan Poinski • March 2, 2023

SaksOff5th.com CEO exits in latest leadership change

The top executive at the luxury off-pricer’s brick-and-mortar counterpart has replaced Paige Thomas, who left to pursue other opportunities.

By Daphne Howland • March 1, 2023