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Daphne Howland/Retail Dive
Bed Bath & Beyond taps Kirkland & Ellis for debt help: Bloomberg
The retailer is addressing its balance sheet as it manages flagging sales and a seemingly endless turnaround.
By Ben Unglesbee • Aug. 19, 2022 -
Wayfair lays off 10% of corporate workforce
The online home goods retailer joins others in the industry in reducing headcount in order to manage costs.
By Caroline Jansen • Aug. 19, 2022 -
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 -
Courtesy of Levi Strauss & Co
Beyond Yoga to open its first permanent store
After hosting a summer pop-up shop, the DTC brand has learned which products were popular with customers.
By Tatiana Walk-Morris • Aug. 19, 2022 -
Courtesy of Dollar General
Dollar General hit with nearly $1.3M in workplace safety fines
Federal workplace safety inspectors found a number of violations after visiting three Dollar General stores in Georgia this year.
By Kaarin Moore • Aug. 19, 2022 -
Courtesy of Walmart
Walmart eyes payments opportunities
With PayPal’s former CFO on board, the retail behemoth is assessing its prospects in the payments arena near and far.
By Lynne Marek • Aug. 19, 2022 -
Courtesy of Kohl's
Kohl’s will bring Sephora to all stores in hopes of adding $2B in sales by 2025
A similar partnership with the beauty retailer didn’t do much for rival J.C. Penney, but Kohl’s sees potential in the tie-up as sales and profits plummet.
By Daphne Howland • Aug. 18, 2022 -
Courtesy of L Brands
Bath & Body Works cuts 130 positions, COO exits
The retailer is positioning itself for long-term growth, and is expected to save around $30 million in the second half of the year.
By Kaarin Moore • Aug. 18, 2022 -
Kaarin Vembar/Retail Dive
Pandora launches lab-made diamond collection as US sales decline
The new 33-piece Brilliance collection has diamonds made with renewable energy, and includes 100% recycled silver and gold.
By Dani James • Aug. 18, 2022 -
Photo Illustration: John Sciulli/Getty Images; Industry Dive
ColumnSKU’d: Retailers, don’t be goblins when you fire people
Layoffs aren’t easy, but some companies are making big mistakes in communicating corporate changes to staff.
By Kaarin Moore • Aug. 18, 2022 -
Courtesy of Amazon
Amazon announces first peak season fee for its fulfillment services
The e-commerce giant said it previously absorbed the higher cost of holiday shipping, but added that seasonal expenses have reached new heights.
By Max Garland • Aug. 17, 2022 -
Stephen Chernin / Stringer via Getty Images
Retail CMO budgets increased in 2022: Gartner
Although marketers are spending more on social media, overall budgets still haven't bounced back to pre-pandemic levels.
By Dani James • Aug. 17, 2022 -
Daphne Howland/Retail Dive
Target takes 87% hit to operating profit as it resets inventory
The retailer resorted to markdowns after facing sluggish demand as consumers grapple with inflation. Was it a speed bump, or a sign of poor planning?
By Ben Unglesbee • Aug. 17, 2022 -
Courtesy of Walgreens
Walgreens brings in Starbucks vet for new ‘chief format concepts and design officer’ role
Min Cho will focus on “innovative store design and architecture which embraces creativity and functionality,” the drugstore retailer said.
By Cara Salpini • Aug. 17, 2022 -
Courtesy of Kohl's
Kohl’s names chief marketing officer
Interim CMO Christie Raymond takes on the role permanently as she looks to scale the retailer’s in-house retail media agency.
By Kaarin Moore • Aug. 17, 2022 -
Courtesy of DoorDash
DoorDash is testing delivery of Facebook Marketplace orders
The two companies are piloting the service in multiple cities, which allows drivers to deliver items that fit in the trunk of a car.
By Tatiana Walk-Morris • Aug. 17, 2022 -
Justin Sullivan via Getty Images
Walmart GoLocal surpasses 1M deliveries
The retail giant’s white-label delivery service celebrates the one-year anniversary of its launch later this month.
By Max Garland • Aug. 17, 2022 -
Retrieved from ThredUp on August 31, 2021
ThredUp lays off 15% of its corporate workforce as Q2 losses widen
The tough spending environment has come for resale, although higher-income customers looking for upscale goods spent more on average.
By Daphne Howland • Aug. 16, 2022 -
Courtesy of Walmart
Walmart sales rise, profits fall on inflation in Q2
The retailer has gained market share and revenue. But sales and consumer shifts are eating into profits at the same time.
By Ben Unglesbee • Aug. 16, 2022 -
Ming Yeung via Getty Images
Reebok owner Authentic Brands Group strikes deal to acquire Ted Baker
ABG wants to separate Ted Baker into an IP holding company and one or more operating companies that would manage the brand’s retail, e-commerce and wholesale operations.
By Kaarin Moore • Aug. 16, 2022 -
David Ryder via Getty Images
Amazon audit reveals wage, benefit issues at 40% of potential suppliers
The e-commerce giant said it has dedicated teams working with vendors on long-term corrective action plans.
By Megan Ruggles • Aug. 16, 2022 -
Daphne Howland/Retail Dive
Best Buy reportedly cuts store jobs
The retailer recently warned of sales declines as consumers pull back on electronics purchases.
By Ben Unglesbee • Aug. 15, 2022 -
Courtesy of Peloton
Peloton hiking prices amid reported layoffs, store closures
As its pandemic-era boom fizzles, the at-home bicycle fitness company is scrambling, even after major layoffs and subscription hikes earlier this year.
By Daphne Howland • Aug. 15, 2022 -
Duluth Trading to open Georgia fulfillment center
The apparel brand is building the facility as part of a growth plan targeting digital and brick-and-mortar expansion.
By Tatiana Walk-Morris • Aug. 15, 2022 -
gradyreese via Getty Images
Wish rebrands in attempt to stay afloat against competition
The e-commerce platform unveiled a new logo and improved app experience after painful Q2 earnings.
By Jessica Deyo • Aug. 15, 2022 -
Daphne Howland/Retail Dive
J.C. Penney hires a new CFO
Stephanie Plaines has entered a role with much turnover in the last few years, as the retailer tries to reinvent itself in a difficult space.
By Ben Unglesbee • Aug. 12, 2022
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