Versed names former Dollar Shave Club exec as CEO

The skin care brand has hired Kerry Sullivan, who most recently was the chief marketing officer of the DTC shaving company.

By Dani James • March 6, 2023

Ross to open 100 stores this year

The retailer said it wants to eventually grow its physical store footprint to 2,900 locations.

By Nate Delesline III • March 6, 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

Express COO to retire

Matthew Moellering has been with the apparel retailer for 20 years, and stepped into interim C-suite roles at critical moments for the company. 

By Kaarin Moore • March 6, 2023

J.C. Penney hasn’t had to release its finances since 2020. Here’s how the retailer is doing.

The department store insists it’s on a “strong financial footing,” but filings show ongoing volatility under its post-bankruptcy ownership.

By Daphne Howland • March 6, 2023

After Bath & Body Works names another new director, activist investor backs off proxy fight

Hedge fund Third Point, which has been pressuring the personal care retailer, has now succeeded in getting two of its candidates onto the board. 

By Daphne Howland • March 6, 2023

Amazon to close 8 of its Go stores

The e-commerce giant will close two of the convenience store locations each in Seattle and New York City and four in San Francisco.

By Brett Dworski • March 6, 2023

Amazon pulls back from UPS as it builds out logistics empire

While UPS' priorities have shifted, Amazon’s capabilities have transformed. But both face obstacles that could complicate plans to reduce business with each other.

By Max Garland • March 6, 2023

Victoria’s Secret will reboot its fashion show this year as turnaround gains traction

The once infamous event was canceled four years ago amid rising criticism of its messaging and the dawn of #MeToo.

By Daphne Howland • March 3, 2023

QVC, HSN parent lays off 12% of its workforce

The move, which affects some 400 employees, will generate $60 million in savings as Qurate Retail Group continues to work on its turnaround plan.

By Nate Delesline III • March 3, 2023

Ex-Twitter exec joins Peloton as new chief people officer

Dalana Brand is the second executive at Peloton to bring experience from the social media platform. She will report directly to CEO Barry McCarthy.

By Dani James • March 3, 2023

In push for growth, Nordstrom bets on Rack, exits Canada

Amid Q4 declines, the department store is prioritizing its off-price business, rapidly expanding its footprint and improving its assortment.

By Daphne Howland • March 3, 2023

Target to broaden assortment of products priced $15 and under

The retailer is leaning further into its "Tarjay" reputation and will also expand its Apple and Ulta shop-in-shops.

By Kaarin Moore • March 3, 2023

TJX sees buying opportunities as retail sector falters

The off-pricer’s CEO said product availability has been “phenomenal” as other companies look to offload product they can’t sell. 

By Ben Unglesbee • March 3, 2023

Touting off-mall success, Macy’s mulls acceleration of small-store strategy

CEO Jeff Gennette also said the retailer has closed its most unprofitable mall stores and that 99% of its mall base is now profitable.

By Daphne Howland • March 2, 2023

Best Buy to close as many as 30 stores this year

The electronics retailer is also remodeling stores to its experiential format and opening 10 outlets.

By Nate Delesline III • March 2, 2023

Qurate Retail Group brings on Everlane vet as CFO

Bill Wafford, who also served as chief financial officer at J.C. Penney and The Vitamin Shoppe, is joining the company in the midst of its turnaround plan. 

By Tatiana Walk-Morris • March 2, 2023

Meati brings on CPG veterans for supply chain and operations

The hires come as the mycelium meat analog company prepares for a national retail launch this year.

By Megan Poinski • March 2, 2023

SaksOff5th.com CEO exits in latest leadership change

The top executive at the luxury off-pricer’s brick-and-mortar counterpart has replaced Paige Thomas, who left to pursue other opportunities.

By Daphne Howland • March 1, 2023

Dollar Tree sales momentum continues in Q4

The company says its focus this year will include cleaning up stores and keeping the shelves full.

By Nate Delesline III • March 1, 2023

Kohl’s mulls pricing changes in turnaround reboot

Under a new CEO, the struggling department store also aims to expand e-commerce, modernize stores and right-size inventory while cutting costs.

By Daphne Howland • March 1, 2023

Amazon closes, cancels more warehouses as cost-cutting persists

The e-commerce giant canceled, closed or delayed 99 facilities in its U.S. fulfillment network, according to a firm tracking the company. Amazon disputed its findings.

By Max Garland • March 1, 2023

Target profits continue to slide as discretionary purchases slow

The retailer said consumer spending on essentials, like food, helped offset inflation-driven sales slides in discretionary buys.

By Nate Delesline III • Feb. 28, 2023

Michaels launches marketplace for third-party sellers

The arts and crafts retailer is quadrupling its online assortment across categories as part of its digital transformation.

By Tatiana Walk-Morris • Feb. 28, 2023

Nordstrom, The Folklore Group partner to grow assortment of Black-owned brands

Through the Folklore Connect platform, the retailer will be able to engage with brands founded by people of color. 

By Kaarin Moore • Feb. 28, 2023

REI requires suppliers to phase out ‘forever chemicals’

The retailer has faced pressure from environmental groups to address PFAS in its supply chain.

By Ben Unglesbee • Feb. 28, 2023