Operations: Page 114
-
REI swings to a loss despite record sales in 2022
The outdoor retailer saw expenses surge as it beefed up membership benefits and increased employee pay last year.
By Daphne Howland • April 20, 2023 -
Barnes & Noble debuts tiered loyalty program, plans 30 new stores
The retailer is in expansion mode once more, touting “continued strong growth for the first time in over a decade.”
By Tatiana Walk-Morris • April 20, 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 -
David’s Bridal owes $27.5M to vendors as it charts course in bankruptcy
The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.
By Ben Unglesbee • April 20, 2023 -
Amazon opens big and bulky fulfillment center near Kansas City
The facility will handle grills, mattresses and other oversized products.
By Alejandra Carranza • April 20, 2023 -
Vuori names 4 C-suite executives
Among the appointments are Hugh Garrity, a former Yeti exec, as COO and Libby Stockstill, a Vans veteran, as general counsel and corporate secretary.
By Natalie Schwartz • April 19, 2023 -
How good is secondhand apparel for the planet, really?
Consumers and brands are embracing resale as a way to address fashion’s poor environmental track record, but it may be too little, too late.
By Daphne Howland • April 19, 2023 -
The Body Shop CEO to exit
David Boynton is stepping down from the top role and an interim has been named while the company searches for his successor.
By Kaarin Moore • April 19, 2023 -
Rent the Runway saves through delivery, return consolidation
The apparel rental company's use of "live swaps" comes as it works to mitigate the impact of carrier price hikes.
By Max Garland • April 19, 2023 -
Square rolls out new features for merchants
Facing stiff competition, Block’s merchant services unit Square is adding tools for its merchant clients.
By Caitlin Mullen • April 18, 2023 -
PrettyLittleThing CEO steps down
Founder Umar Kamani is leaving after twelve years, but will continue to support certain projects while the brand searches for a replacement.
By Dani James • April 18, 2023 -
Three years after acquiring it, Lululemon could sell Mirror: Bloomberg
The home fitness maker has been a drag on the athletic retailer’s performance, and hardware sales disappointed in Q4.
By Cara Salpini • April 18, 2023 -
David’s Bridal is prepared to liquidate if it can’t find a buyer
Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.
By Daphne Howland • April 18, 2023 -
Purple settles fight with activist investor Coliseum Capital Management
The mattress brand agreed to shake up its board by adding three new members and replacing its board chair.
By Howard Ruben • April 17, 2023 -
Dr. Martens CFO to retire
Jon Mortimore will stay on until a successor is found, and the footwear brand spent more than anticipated in Q4 to resolve issues at a U.S. distribution center.
By Dani James • April 17, 2023 -
Walmart US chief merchandising officer to depart
Charles Redfield started with the retailer as a cashier at Sam’s Club, growing his career to become the chief merchant last year.
By Kaarin Moore • April 17, 2023 -
S&P upgrades Dillard’s, forecasts ‘sustained profitability’
The regional department store is positioned well thanks to strong inventory management and limited discounting, according to analysts.
By Nate Delesline III • April 17, 2023 -
Nordstrom names new chief technology, information officer
The retailer wants to update its supply chain operations and bring more services closer to customers.
By Tatiana Walk-Morris • April 17, 2023 -
David’s Bridal takes another walk down the bankruptcy aisle
The bridal retailer launched several initiatives since exiting Chapter 11 four years ago, but the pandemic and the economy have taken a toll.
By Daphne Howland • April 17, 2023 -
Deep Dive
An unglamorous solution to fashion’s sustainability problem: make less stuff
Overproduction, greenwashing and unchecked growth have created a huge problem. Experts say regulation may be the only solution, but it won't be easy.
By Lauren Schenkman • April 17, 2023 -
Deep Dive
Resale’s big secret? It may need stores
To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit.
By Daphne Howland • April 17, 2023 -
Sponsored by CommerceHub
How to tell the story of your brand with a curated product assortment tailored to customers
By creating a strong emotional connection with customers and offering a personalized product assortment, retailers can increase customer loyalty.
April 17, 2023 -
David’s Bridal lays off over 9K as it pursues a sale
A company spokesperson said the retailer is “evaluating our strategic options” and a sale process is underway.
By Dani James • April 14, 2023 -
Column
The Weekly Closeout: Lacoste partners with Netflix and is David’s Bridal considering bankruptcy?
The fashion brand is releasing a collection based on “Bridgerton” and other shows, while the wedding retailer could be looking at a Chapter 22.
By Retail Dive Staff • April 14, 2023 -
Walmart is selling Bonobos to Express, WHP Global for $75M
The retail giant paid more than four times that much when it acquired the DTC menswear brand six years ago.
By Daphne Howland • April 14, 2023 -
Hasbro hires Harley-Davidson CFO
Gina Goetter will transition from motorcycles to Monopoly as she takes the role at the toy company, which is set to cut 15% of its workforce this year.
By Elizabeth Flood • April 14, 2023