The Weekly Closeout: Shopify makes a $100M investment and Jane Fonda fronts campaign for H&M’s Move line

Days after Shopify laid off 10% of its workforce it announced an investment in Klaviyo, while H&M launched a new brand with the help of a fitness icon. 

By Retail Dive Staff • Aug. 5, 2022

Torrid hires Guitar Center vet as COO, CFO

Tim Martin was named to the dual position, while the company also announced a new CTO.

By Tatiana Walk-Morris • Aug. 5, 2022

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

Under Armour founder Kevin Plank on what the brand’s next CEO needs to do

“Drive love for the [Under Armour] brand and the rest will follow,” the founder said on an earnings call earlier this week.

By Cara Salpini • Aug. 5, 2022

Dick’s Sporting Goods offers accelerated payments to boost supplier diversity

The retailer is expanding its partnership with platform C2FO to provide more working capital opportunities for businesses.

By Megan Ruggles • Aug. 4, 2022

Gucci expands crypto payment options to ApeCoin, Euro Coin

More brands have entered the cryptocurrency and NFT markets despite signs of declining consumer interest.

By Tatiana Walk-Morris • Aug. 4, 2022

Neiman Marcus names former Williams Sonoma exec president

Ryan Ross will come into the newly established role in order to strengthen the brand and customer experience. 

By Kaarin Moore • Aug. 4, 2022

Walmart lays off 200 from its corporate workforce

The retail giant said it’s evolving and while it is cutting some roles it will also create new ones in other areas.

By Daphne Howland • Aug. 3, 2022

Allbirds lays off 8% of its global corporate workforce

Twenty-three people were let go last week after the footwear brand, facing rising costs, evaluated roles and processes to prep for its next phase of growth.

By Daphne Howland • Aug. 3, 2022

More layoffs at Glossier as the brand moves into wholesale

The company is parting ways with about two dozen employees as it preps for a life outside of single-channel distribution.

By Cara Salpini • Aug. 3, 2022

Consumer wariness comes for Simon-owned retailers in Q2

CEO David Simon told analysts that volatility in retail is “just the way of the world” and downplayed the REIT’s investment in the industry.

By Daphne Howland • Aug. 3, 2022

Amazon slows network expansion in response to cooling customer demand

The e-commerce giant estimates 40% of its capital investments this year will go toward warehouses and transportation capacity, down from 55% in 2021.

By Max Garland • Aug. 3, 2022

Death of Family Dollar employee after confronting shoplifter highlights need for training, OSHA says

OSHA has proposed $330,446 in penalties against the company following the employee’s death in Florida.

By Laurel Kalser • Aug. 3, 2022

Self-scanning stores to triple by 2027: report

European countries are driving mobile checkout adoption, but the U.S. is catching up, the report suggests.

By Tatiana Walk-Morris • Aug. 3, 2022

Honest Beauty to sell through Ulta stores

The expansion comes two weeks after the Honest Company signed a wholesale deal with Walmart.

By Cara Salpini • Aug. 2, 2022

Bob’s Red Mill to halt DTC operations

After selling over the phone, via mail and through its website for years, the flour producer is focusing on wholesale.

By Caroline Jansen • Aug. 2, 2022

Estée Lauder in talks to acquire Tom Ford: WSJ

Other reports this summer said Tom Ford was exploring a potential sale and working with investment bank Goldman Sachs Group on the endeavor.

By Kaarin Moore • Aug. 2, 2022

After prompt action on inventory, Target is poised for a comeback, analysts say

The mass merchant has spent months grappling with a merchandise glut and supply chain trouble and twice slashed its profit outlook. 

By Daphne Howland • Aug. 2, 2022

As inflation bites, retailers cut guidance

Since June, at least four major retailers have made significant updates to their financial outlooks.

By Retail Dive Staff • Aug. 2, 2022

Walmart launches product refurbishment program

The Walmart Restored program is now online and will be in select stores this fall. 

By Kaarin Moore • Aug. 1, 2022

Kohl’s, Levi’s to introduce ’90s-style capsule collection

The collection aims to capitalize on trends supported by Gen Z as those consumers head back to school.

By Tatiana Walk-Morris • Aug. 1, 2022

Amazon launches same-day delivery for Pacsun, GNC and other retailers

The new Prime benefit is the latest example of how the e-commerce giant’s focus is increasingly on services for third parties more than on retail.

By Daphne Howland • Aug. 1, 2022

This is the last Sears for hundreds of miles. What can it tell us about the state of malls?

The department store in Maryland is sparsely merchandised and low on traffic. Senior Reporter Ben Unglesbee takes a look inside to see how retail has changed since the heyday of malls.

By Ben Unglesbee • Aug. 1, 2022

4 steps to take now for a successful peak season

Learn how you can plan and pivot your way to success this peak season and all year long.

By Dennis Moon, chief operating officer at Roadie • Aug. 1, 2022

The Weekly Closeout: Lululemon launches its third shoe and Williams Sonoma’s president resigns

The new Chargefeel cross-training shoe comes in 14 colorways, and Ryan Ross will be replaced by former Chief Marketing Officer Felix Carbullido.

By Retail Dive Staff • July 29, 2022

Olympia Sports is shutting down its stores

Owned by private equity firm CriticalPoint Capital, the Maine-based retailer is holding liquidation sales at all locations.

By Cara Salpini • July 29, 2022