Operations: Page 115
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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 -
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 -
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 -
Rent the Runway names new CFO as it slogs toward profitability
The apparel rental service narrowed its losses in Q4, with revenue and active subscribers up from last year.
By Daphne Howland • April 13, 2023 -
Andy Jassy touts Amazon’s advertising potential
In his annual letter to shareholders, the e-commerce giant's chief executive compared the ad business to AWS, which he led for more than 20 years.
By Nate Delesline III • April 13, 2023 -
Senators press major retailers, brands on child labor in supply chains
Sens. Alex Padilla and John Hickenlooper questioned Walmart, Target, J. Crew and others about compliance practices after reports of exploitation in the U.S.
By Ben Unglesbee • April 13, 2023 -
Walmart e-commerce layoffs surpass 3K
The retail giant is letting go nearly 1,000 workers at a distribution center in Chino, California, amid plans to ramp up its use of robotics.
By Daphne Howland • April 13, 2023 -
More than 50K stores may close by 2027: UBS
Small chains are most at risk due to lack of capital to build an omnichannel offering.
By Nate Delesline III • April 12, 2023 -
Forma Brands exits bankruptcy, names previous Outdoor Voices exec CEO
The beauty company finalized its sale to investors, including Jefferies Finance, and appointed Cliff Moskowitz to the chief role.
By Dani James • April 12, 2023 -
Citing ‘tens of millions of dollars a year’ in losses, Walmart to close 4 Chicago stores
The retail giant has traditionally favored operating in suburban and rural areas, and is pulling back on its smaller Neighborhood Market locations.
By Daphne Howland • April 12, 2023