Ollie’s raises outlook, plans to open 45 new stores in 2023

The closeout-oriented retailer said it may expand its mix of directly sourced merchandise as its store footprint grows. 

By Nate Delesline III • June 12, 2023

Wawa and 7-Eleven recently split their president and CEO roles. Here’s why that’s significant.

The move is becoming increasingly common among large, complex companies and those growing rapidly, according to an expert on corporate leadership.

By Brett Dworski • June 12, 2023

Explore the Trendline➔

Digital innovation and technology trends in retail

Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.

By Retail Dive staff

Macy’s doubles down on inventory discipline as demand falters

Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

By Ben Unglesbee • June 12, 2023

How Starbucks builds customer relationships to improve bottom-line figures

Building a brand that resonates with its customers on many levels rarely happens organically. Discover how Starbucks creates loyal customers through innovative customer relationship strategies.

June 12, 2023

Nike will return to DSW stores, website this fall

The news comes just a week after Macy’s CEO Jeff Gennette announced the athletics brand would return to key locations in October.

By Cara Salpini • June 9, 2023

The Weekly Closeout: Yeezy sells despite controversy, Tamagotchi makes a comeback

All 12 styles Adidas released sold out, Wedbush said. Meanwhile, the ’90s-era toy has a new metaverse play and a tie-up with TikTok star Charli D’Amelio.

By Retail Dive Staff • June 9, 2023

Timberland taps longtime Nike veteran as chief merchandising officer

The brand said that the hire of Archie McEachern for the newly created role completes its global product reorganization.

By Daphne Howland • June 9, 2023

Vegamour founder steps down as CEO

Daniel Hodgdon will remain on the hair care brand’s board of directors as Robert Schaeffler takes over the chief executive role.

By Dani James • June 8, 2023

Excess inventory at Neiman Marcus squeezes Q3 margins

Some consumers showed wariness in the period, but the department store said its top customers, brands and stores continue to do well.

By Daphne Howland • June 8, 2023

J. Jill refinances long-term debt, plans new POS

After warning of potential bankruptcy in 2020, the retailer is now focused on investments to enhance its omnichannel capabilities.

By Nate Delesline III • June 8, 2023

GameStop CEO fired, Ryan Cohen appointed executive chairman

Matt Furlong has served as chief executive since June 2021. Meanwhile, the company canceled its first-quarter earnings call on Wednesday.

By Dani James • Updated June 8, 2023

Wayfair’s chief commercial officer to exit

Steve Oblak, who is leaving the company after 14 years, will be succeeded by Jon Blotner, who oversees the company’s private labels and specialty retailers.

By Caroline Jansen • June 7, 2023

Lovesac C-suite shifts while Q1 net sales increase

The furniture brand’s CFO and chief strategy officers are retiring effective June 30 while the company looks to invest in tech for growth.

By Dani James • June 7, 2023

Adidas offers student loan help for US employees

The company is also offering free financial coaching, as 80% of employees say that student debt is stressing them out.

By Nate Delesline III • June 7, 2023

Stitch Fix mulls exiting the UK amid ongoing sales declines

The apparel box e-retailer, focused on profits and expense cuts, is closing two warehouses. But analysts wonder when revenues will rebound.

By Daphne Howland • June 7, 2023

Walmart Connect expands in-store ad formats as shoppers return en masse

The company’s ad division is drawing from a traditional shopper marketer playbook by in-housing product demos and testing ads in its radio network.

By Peter Adams • June 7, 2023

BuyBuy Baby could get bought as buyers express interest

The retailer may not disappear if one of several bidders, including Babylist, acquires its digital brand or brick-and-mortar locations.

By Nate Delesline III • June 6, 2023

Joann looks to private labels to help cut costs, boost sales

Falling freight expenses are also getting the sewing and crafts retailer closer to its $200 million savings goal, announced earlier this year.

By Daphne Howland • June 6, 2023

Victoria’s Secret expands Amazon assortment to include apparel, lingerie

The retailer opened its Amazon storefront last year with 120 beauty products in an effort to stoke sales within the category.

By Kaarin Moore • June 6, 2023

Great Jones sold to maker of KitchenAid, Farberware

Under Meyer, the DTC cookware brand’s co-founder and CEO, Sierra Tishgart, will continue to lead the brand.

By Caroline Jansen • June 6, 2023

CBD brand Lord Jones exits US business

Lord Jones — which is owned by cannabis company Cronos Group — will launch as an adult-use brand in Canada during the fourth quarter.

By Dani James • June 6, 2023

Foxtrot opens its biggest store to date

The new site will feature an indoor-outdoor covered patio in addition to Foxtrot’s signature locally sourced food and beverage options.

By Brett Dworski • June 6, 2023

Authentic Brands Group acquires Hunter Boots intellectual property

The brand conglomerate said the deal was part of an effort to diversify its portfolio outside of the U.S.

By Laurel Deppen • June 5, 2023

Five Below sales up nearly 14% as it scoops up Tuesday Morning leases

The retailer is also on track to convert 400 stores to its higher-priced Five Beyond format before the end of the year.

By Nate Delesline III • June 5, 2023

Sorel brand president resigns to focus on health

Columbia Sportswear Company announced that Mark Nenow stepped down from the footwear brand after about eight years in the position.

By Dani James • June 5, 2023