Peloton cuts 500 jobs after losing ‘more than $100M on retail’ last year

Following a slew of poor earnings results, CEO Barry McCarthy is focused on reaching break-even cash flow by the end of the year.

By Dani James • Oct. 6, 2022

Gopuff launches health and wellness private label line, links with Grubhub

The private brand includes allergy medications and at-home test kits, while the new partnership makes convenience items available on the Grubhub Marketplace.

By Catherine Douglas Moran , Brett Dworski • Oct. 6, 2022

Explore the Trendline➔

Gen Z and millennials

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

By Retail Dive staff

Nordstrom’s tech chief to step down this month

As chief technology and information officer, Edmond Mesrobian has spent the last four years overhauling the retailer’s data capabilities.

By Daphne Howland • Oct. 6, 2022

Qurate Retail Group names COO

Scott Barnhart is the latest leadership announcement as the company engages in a turnaround strategy. 

By Kaarin Moore • Oct. 6, 2022

In latest sign of shifting priorities, Amazon reportedly freezes corporate hiring in its retail operations

The move comes weeks after the e-commerce giant hit the brakes on an ambitious expansion of its warehouse capacity.

By Daphne Howland • Oct. 5, 2022

REI commits to closing stores on Black Friday forever

In 2015, the retailer made waves for its decision to forgo sales on the biggest shopping day of the year. Now it’s tradition.

By Cara Salpini • Oct. 5, 2022

Target names chief digital, product officer

Prat Vemana will lead the retailer’s digital teams as the company continues to invest in the channel. 

By Kaarin Moore • Oct. 5, 2022

Shopify adds mobile POS hardware

Pushing further into brick-and-mortar shopping, the commerce company faces competition from other point-of-sale providers as the volume of these transactions is expected to rise.

By Tatiana Walk-Morris • Oct. 5, 2022

Retail saw over 20 CEOs exit in 2022. Here’s who.

Gap, Home Depot, Reebok, Glossier: There was a collective changing of the guard in retail this year as struggling brands sought new leaders and founders took a step back.

By Cara Salpini • Oct. 5, 2022

Another Goodwill resale site launches as the market takes off

GoodwillFinds.com joins 23-year-old ShopGoodwill.com in bringing one of the most recognizable names in secondhand goods to the internet.

By Daphne Howland • Oct. 4, 2022

Allbirds’ wholesale roster expands once more with REI deal

The brand is swiftly growing its list of retail partners as it searches for a path to profitability.

By Cara Salpini • Oct. 4, 2022

Amazon rebrands discounted membership as it launches Amazon Access hub

Information on Prime Access will be available on the site, as well as details on layaway and SNAP EBT programs.

By Tatiana Walk-Morris • Oct. 4, 2022

Affirm targets offline growth

The buy now, pay later provider’s CFO said its Debit+ card is a key part of the company’s strategy to push further into brick-and-mortar sales.

By Caitlin Mullen • Oct. 4, 2022

Walmart GoLocal exceeds 5,000 delivery locations, outpacing company targets

The retailer plans to “double down” on its white-label delivery service in its second year, a GoLocal exec said in an interview.

By Max Garland • Oct. 4, 2022

Rue21 hires advisers for possible restructuring: WSJ

Less than two years ago, the teen-focused retailer was adding stores and growing its sales. 

By Ben Unglesbee • Oct. 3, 2022

Spanx names new CEO

The brand promoted longtime executive Kim Jones to the role and expanded its executive team. 

By Kaarin Moore • Oct. 3, 2022

Bed Bath & Beyond makes progress on supplier payments

The retailer is prioritizing vendor relationships following reports of suspended shipments.

By Sarah Zimmerman • Oct. 3, 2022

18 retailers at risk of bankruptcy as consumers tighten wallets in 2022

As demand wavers and capital gets harder to find, the number of companies at risk has soared from last year. 

By Ben Unglesbee • Oct. 3, 2022

Is retail ready for the first post-pandemic holiday season?

With the holiday season around the corner, here is the edge retailers need over their competitors.

By Frank Kouretas, Chief Product Officer and Jean-Walter Guillery, Director of Product, Omnichannel at Orckestra (powered by mdf commerce) • Oct. 3, 2022

In settlement with Lululemon, Peloton will phase out certain designs

The at-home fitness brand was accused of patent and trademark infringement by Lululemon.

By Dani James • Sept. 30, 2022

Supergoop expands executive team

Company veteran Britany LeBlanc was promoted to chief marketing officer, and LVMH alum Ryan Crowley will be chief financial and chief operating officer.

By Daphne Howland • Sept. 30, 2022

The Weekly Closeout: Beyond Yoga opens its first store and H&M looks to cut costs

The active brand is planning more stores down the pike, while the fast-fashion retailer is hoping to stem losses by charging for returns.

By Retail Dive Staff • Sept. 30, 2022

Rite Aid’s losses triple as sales fall

Declines in traffic and sales from COVID-19 services could be hurting the drugstore chain. 

By Ben Unglesbee • Sept. 30, 2022

Peloton deepens wholesale ties through Dick’s Sporting Goods deal

The partnership was announced at the same time Peloton lost its lawsuit against Lululemon.

By Dani James • Sept. 30, 2022

Stitch Fix again makes ‘Freestyle’ e-commerce site exclusive only to box customers

The apparel styling service ended the requirement a year ago but has revisited the policy as it struggles to reconcile its two business models.

By Daphne Howland • Sept. 30, 2022