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The Weekly Closeout: Tommy Hilfiger teams with ThredUp, and has inflation finally peaked?
The iconic fashion brand will provide shopping credit for certain items returned to ThredUp. Meanwhile, prices in July were flat month to month.
By Retail Dive Staff • Aug. 12, 2022 -
Ace Hardware to open 60 stores by the end of the year
The hardware retailer has opened 105 stores in 2022 so far, and will open three additional warehouses in the next five years.
By Tatiana Walk-Morris • Aug. 12, 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 -
USPS proposes peak season rate hikes amid drop in package demand
The temporary price increases “frankly seem pretty reasonable compared to what FedEx has proposed,” one consultant said.
By Max Garland • Aug. 12, 2022 -
After challenging Q2, Warby Parker sees crystal-clear need for stores
The DTC eyewear company slashed its guidance for the year, but says physical locations are key to expanding market share and brand awareness.
By Daphne Howland • Aug. 11, 2022 -
Petco reorganizes leadership team, names new COO
The pet retailer revealed a flurry of leadership changes and position expansions to better align with its customer-first strategy.
By Tatiana Walk-Morris • Aug. 11, 2022 -
Lively founder Michelle Cordeiro Grant steps down from CEO role
Kristin DiCunzolo, vice president of marketing and direct at parent company Wacoal America, will take on the post.
By Cara Salpini • Aug. 11, 2022 -
Whole Foods to add Amazon One payment tech to dozens of stores in California
After rolling out the bio-authentication and payment technology to a handful of stores earlier this year, the grocery chain will add it to 65 locations.
By Peyton Bigora • Aug. 11, 2022 -
Profits remain elusive in Q2 as The RealReal’s customers buy lower-priced apparel
Unlike other retailers in recent weeks, the resale site has been hiring and boosting wages to help address inventory shortfalls that hurt sales.
By Daphne Howland • Aug. 10, 2022 -
Revlon CFO to retire as sales continue shrinking in bankruptcy
The company’s losses have also ballooned, in part because of the high cost of Chapter 11.
By Ben Unglesbee • Aug. 10, 2022 -
Kohl’s expands self-pickup to all stores
Customers can use their mobile devices to go through a number of steps to obtain their orders in stores.
By Kaarin Moore • Aug. 10, 2022 -
Supply chain exec joins Tupperware as company pursues turnaround
Jim Van Ingen will lead the company's manufacturing, procurement and distribution teams to reduce costs.
By Megan Ruggles • Aug. 10, 2022 -
Can UpWest lead the way forward for Express?
The DTC brand is opening stores, will launch a partnership with a major retailer this year and may be just the thing the specialty retailer was looking for.
By Kaarin Moore • Aug. 10, 2022 -
Retrieved from Bain Capital on June 21, 2022
Signet buys Blue Nile for $360M
The deal adds to the jewelry retailer’s luxury portfolio as the retailing climate worsens against the macroeconomic backdrop.
By Ben Unglesbee • Aug. 9, 2022 -
Warby Parker lays off 15% of its corporate workforce, citing changing consumer behavior
The DTC eyewear brand said it’s restructuring in order to be in the best position long term, but that store and customer experience jobs aren’t affected.
By Daphne Howland • Aug. 9, 2022 -
Abercrombie & Fitch launches ‘getaway’ store design concept
The retailer wants to make every day feel like the start of a long weekend with a store aesthetic that is a “nod to a chic hotel lobby.”
By Kaarin Moore • Aug. 9, 2022 -
The Body Shop expands delivery partnership with Uber
Seventy-five stores will make over 2,000 products available for same-day delivery through the Uber Eats app.
By Tatiana Walk-Morris • Aug. 9, 2022 -
Class action alleges PetSmart training agreement trapped groomers in debt
The agreement required groomers to work two years for the company or pay back the $5,000 training value.
By Emilie Shumway • Aug. 9, 2022 -
Retail disruptors are turning to layoffs to cut costs and restructure
New companies have grown rapidly by leveraging consumer trends during the pandemic. Now, they’re paying the price amid an economic downturn.
By Dani James • Aug. 9, 2022 -
Walmart acquires omnichannel tech specialist Volt Systems
The deal comes with new talent and technology aimed at vendor management, seamless shopping and anticipating demand.
By Ben Unglesbee • Aug. 8, 2022 -
GU to open first store in US
The Uniqlo sister brand will launch a pop-up in New York City this fall.
By Kaarin Moore • Aug. 8, 2022 -
Tapestry combines COO, CFO roles
The company announced the retirement of COO Tom Glaser, and said Scott Roe will be taking on the title in addition to his current position as CFO.
By Kaarin Moore • Aug. 8, 2022 -
Why running brands are finally making shoes for women
As the sport rises in popularity, brands are breaking from tradition and investing in running shoes that are actually manufactured for a woman’s foot.
By Cara Salpini • Aug. 8, 2022 -
Sponsored by CommerceHub
Breaking down barriers in the Now Economy
Expand product selection exponentially and hyper-personalize customer experience without increasing overhead.
By Mark Grilli, CommerceHub CMO • Aug. 8, 2022 -
Amazon to acquire iRobot for $1.7B
The news means the retailer will have another pathway into the homes of consumers, adding to its existing portfolio of technology.
By Dani James • Aug. 5, 2022 -
ThredUp hires first chief marketer in years
Noelle Sadler joins the company from Lulus and will focus on raising brand awareness and acquiring more young shoppers.
By Cara Salpini • Aug. 5, 2022