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Dollar Tree names former Dollar General exec Rick Dreiling CEO
Outgoing CEO Mike Witynski is stepping down from the Dollar Tree board and leaving the company.
By Nate Delesline III • Jan. 24, 2023 -
Purple rejects takeover bid
Coliseum Capital Management sent the brand an unsolicited proposal in September to acquire its remaining common stock for $4.35 a share.
By Caroline Jansen • Jan. 24, 2023 -
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 -
Versace exec to take on CEO post at Michael Kors
Cedric Wilmotte, who currently heads operations at Versace, will move to the new position in April.
By Cara Salpini • Jan. 24, 2023 -
H&M transforms Williamsburg store to showcase athletic collection
The location is a “kinetic, tactile playground” that showcases the retailer’s new H&M Move brand and offers daily fitness classes.
By Tatiana Walk-Morris • Jan. 24, 2023 -
Bottleneck at LA distribution center eats away at Dr. Martens earnings
The footwear retailer found itself overwhelmed with inventory after orders arrived earlier than anticipated.
By Max Garland • Jan. 24, 2023 -
Walmart offers driver training to workers in 400-plus stores, distribution centers
The internal recruitment program is expanding from two training center locations to seven.
By Colin Campbell • Jan. 23, 2023 -
Away taps former Foxtrot exec as chief marketing officer
As the travel brand sees increased interest in travel from consumers, Carla Dunham brings marketing experience from Foxtrot and Equinox.
By Dani James • Jan. 23, 2023 -
Walmart launches dedicated e-commerce site for businesses
Walmart Business aims to save time and money for small business owners who buy from the retailer to support their own businesses.
By Nate Delesline III • Jan. 23, 2023 -
Vince promotes from within to replace CFO
David Stefko, who arrived from former Vince owner Sun Capital eight years ago, is retiring. Company veteran Amy Levy takes his place next month.
By Daphne Howland • Jan. 23, 2023 -
Levi Strauss hires Nordstrom vet as chief digital officer
Jason Gowans, who will report to Michelle Gass, will help grow the company’s direct-to-consumer business.
By Tatiana Walk-Morris • Jan. 23, 2023 -
Hatch gains operational control over Destination Maternity, A Pea in the Pod, others
Marquee Brands has taken a minority stake in the newly-formed Hatch Collective, led by Hatch CEO and founder Ariane Goldman.
By Dani James • Jan. 23, 2023 -
5 ways Target is pushing customer-driven innovations in omnichannel, grocery
Ease, joy and affordability are key pillars of the company's efforts to build on its “Targét” reputation, executives said at NRF’s Big Show.
By Catherine Douglas Moran • Jan. 23, 2023 -
Sponsored by SpotOn
For brick and mortar retailers looking to expand, online is the way to go
Thanks to new omnichannel tech, selling online is a low-cost way for independent retailers to grow.
Jan. 23, 2023 -
Sponsored by Bold Metrics
3 ways AI can supercharge sizing to help apparel brands boost conversion, reduce returns and personalize the retail experience
We highlight three key ways your apparel brand can leverage AI and machine learning to increase conversion and personalize retail both online and in stores.
Jan. 23, 2023 -
Wayfair lays off nearly 2K employees
The staff reductions, representing 10% of the company’s global workforce, mark the second round of layoffs at the retailer in less than six months.
By Caroline Jansen • Jan. 20, 2023 -
GameStop lays off employees, plans to close Kentucky distribution center
The retailer’s 630,000-square-foot Shepherdsville location is now listed as available for lease starting July 1.
By Dani James • Jan. 20, 2023 -
Column
The Weekly Closeout: Amazon discontinues charity program, Stitch Fix takes to Twitter for CEO search
The e-commerce giant is ending its AmazonSmile program after a decade and the styling service is seeking out CEO applicants via social media.
By Retail Dive Staff • Jan. 20, 2023 -
Off-price Rack drags down Nordstrom’s holiday performance
But the retailer's seasonal results reflect margin consistency, and its focus on inventory management could pay off, some analysts say.
By Daphne Howland • Jan. 20, 2023 -
Judge grants Party City immediate access to $75M bankruptcy loan
The remainder of a $150 million debtor-in-possession loan will not be released until February.
By Nate Delesline III • Jan. 19, 2023 -
Farfetch’s chief brand and growth officers exit
At the same time, the company made several leadership appointments, including a president of Americas and a new CEO of its Browns business.
By Tatiana Walk-Morris • Jan. 19, 2023 -
Resale dominates National Retail Federation’s ‘Big Show’
Secondhand goods present retailers with a lucrative sales opportunity at an uncertain time for the industry, according to several presenters.
By Daphne Howland • Jan. 19, 2023 -
Party City files for bankruptcy with plans to shed debt
The retailer has a deal with bondholders to pursue an “expedited restructuring” aimed at improving its capital structure and liquidity.
By Nate Delesline III • Jan. 18, 2023 -
Uniqlo is banking on RFID tech to help drive international growth
The retailer is counting on digital innovation to help drive store growth in North America and Europe, according to Fast Retailing CIO Takahiro Tambara.
By Nate Delesline III • Jan. 18, 2023 -
Ulta names Samsung exec new chief marketer
Michelle Crossan-Matos, who also has 16 years of experience at P&G, succeeds Shelley Haus, who died in June.
By Cara Salpini • Jan. 18, 2023 -
Peloton appoints chief marketing officer
Leslie Berland most recently held the CMO role at Twitter and brings about a decade of experience from American Express.
By Dani James • Jan. 18, 2023