Operations: Page 128


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    MeUndies
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    MeUndies bulks up executive team with new CFO, chief marketer

    The two new execs will oversee key functions as the DTC brand charts its growth path.

    By Tatiana Walk-Morris • Sept. 13, 2022
  • Despite a strong Q2, Rent the Runway will lay off a quarter of its corporate employees by the end of the year

    The apparel rental firm remains upbeat about its long-term prospects but is slashing costs to clear a path to profitability, executives said Monday.

    By Sept. 13, 2022
  • A Target employee completes an in-store checkout purchase and hands a customer a receipt. Explore the Trendline
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    Trendline

    The state of retail operations

    Daily operations have changed tremendously over the past few years, as retailers re-examine topics including shrink and pricing. 

    By Retail Dive staff
  • External storefront of a Lands' End.
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    Courtesy of Lands' End
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    American Eagle exec named Lands’ End CEO

    Andrew McLean will assume the CEO role following the planned retirement of current chief executive Jerome Griffith in January. 

    By Sept. 13, 2022
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    Luke Sharrett via Getty Images
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    Railroads cut service in preparation for potential strike

    Shippers are calling on Congress to intervene if railroads cannot reach an agreement with two of the largest unions by the end of the week.

    By Sarah Zimmerman • Sept. 13, 2022
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    Courtesy of Peloton
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    Peloton co-founders John Foley and Hisao Kushi to exit

    The news follows a year of executive changes and widening net losses for the home gym brand.

    By Sept. 12, 2022
  • Tuesday Morning gets a lifeline from Pier 1 owners

    Retail Ecommerce Ventures is set to provide the retailer with new debt capital as well as access to its e-commerce platform and Pier 1 goods.

    By Sept. 12, 2022
  • Best Buy announces new Outlet stores.
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    Courtesy of Best Buy
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    Best Buy bucks the glut trend, boasting healthy inventory

    The consumer electronics company saw inventory down 6% year over year in Q2.

    By Kate Magill • Sept. 12, 2022
  • Exterior of a Belk storefront.
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    Courtesy of Belk
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    Belk names CEO

    Don Hendricks, who has been serving as the department store’s interim CEO since May, has taken the top role. 

    By Sept. 12, 2022
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    Daphne Howland/Retail Dive
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    Column

    The Weekly Closeout: Bloomingdale’s turns 150 and Jerry Seinfeld models for Kith

    The department store has a slew of celebrations lined up and the sitcom star is just the latest in a history of unexpected models for the streetwear brand.

    By Retail Dive Staff • Sept. 9, 2022
  • Wish debuts shoppable video tool for merchants.
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    Wish CEO exits after 7 months

    Vijay Talwar left the company and its board of directors effective immediately, while GGV Capital’s Joe Yan was appointed interim CEO.

    By Sept. 9, 2022
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    Cara Salpini/Retail Dive
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    Qurate downgraded by S&P on demand, supply chain challenges

    The QVC owner is facing demand declines while prepping for a post-television era.  

    By Sept. 9, 2022
  • Drugstore Chain Walgreens To Buy Duane Reade
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    Joe Raedle / Staff via Getty Images
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    Walgreens Boots Alliance taps Michaels exec as new CIO

    Hsiao Wang, executive vice president and CIO at the craft retailer, brings deep retail experience to the company amid ongoing transformation.

    By Roberto Torres • Sept. 9, 2022
  • A street-side GameStop storefront.
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    Daphne Howland/Retail Dive
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    As it burns through cash, GameStop says it’s ready to start thinking about profits again

    The retailer has pivoted quickly from hires and investments to cost-cutting. 

    By Sept. 8, 2022
  • A Kate Spade storefront in Georgetown
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    Cara Salpini/Retail Dive
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    Kate Spade names head product designers

    Tom Mora oversees the design direction for RTW, footwear, jewelry, home and licensed lifestyle categories, while Jennifer Lyu leads the handbag and accessories collections.

    By Sept. 8, 2022
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond leadership gap a board ‘wake-up call’

    The appointment of Laura Crossen as interim CFO has raised questions about the type of permanent finance leadership the company will need. 

    By Maura Webber Sadovi • Sept. 8, 2022
  • Rosie
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    Courtesy of Rosie
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    Instacart buys e-commerce tech provider Rosie

    Rosie’s services are now part of the Instacart Platform, and its staff lead development of the e-commerce giant’s strategy for serving independent retailers.

    By Sam Silverstein • Sept. 8, 2022
  • A Reebok storefront in New York City
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    Cara Salpini/Retail Dive
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    Reebok lines up new CEO to lead post-Adidas strategy

    Todd Krinsky has worked at the brand for 30 years and replaces Matt O’Toole, who will become executive vice chairman of parent company Authentic Brands.

    By Sept. 7, 2022
  • An Amazon Prime delivery truck sits at a facility.
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    Courtesy of Amazon
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    Teamsters labor union launches Amazon division

    The new arm is dedicated to uniting Amazon workers and securing more workplace protections for them.

    By Sept. 7, 2022
  • A white truck is parked in front of a Lowe's store on a clear, bright day.
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    Daphne Howland/Retail Dive
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    Lowe’s chief marketing officer exits as company realigns structure

    The company is reorganizing its leadership structure, with its marketing team now reporting to Executive Vice President of Merchandising Bill Boltz.

    By Sept. 7, 2022
  • A grey hoodie made of Nike's new Forward material.
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    Courtesy of Nike
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    Nike’s new material could ‘change the apparel industry,’ CEO says

    The brand's Forward material is created through a production process that uses less energy than traditional knits and wovens.

    By Sept. 7, 2022
  • The interior of a Levi's shop-in-shop, with jeans and t-shirts against a wall and a central island with shirts folded and hanging.
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    Courtesy of Business WIre
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    Levi’s opens shop-in-shop in Hudson’s Bay

    The brand’s 6,600-square-foot shop features tech-enabled fitting rooms and tailoring services.

    By Tatiana Walk-Morris • Sept. 7, 2022
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond names interim CFO following executive’s death

    The retailer announced Chief Accounting Officer Laura Crossen would take over responsibilities in the interim after Gustavo Arnal’s death on Friday.

    By Updated Sept. 7, 2022
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    Daphne Howland/Retail Dive
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    With volatility and recession talk everywhere, what are retailers’ actual financial risks?

    Some players have gotten stronger since the pandemic began. But 2021’s boom times papered over weakness in others.

    By Sept. 6, 2022
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    Courtesy of Kohl's
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    Kohl’s gets $2B bid for real estate: Reuters

    The retailer has reportedly discussed a leaseback deal with a private equity firm following a breakdown in acquisition talks earlier this year.

    By Sept. 6, 2022
  • Chewy, fulfillment center
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    Permission granted by Chewy
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    Chewy opens third automated fulfillment center as shipping capacity grows

    The pet supply retailer expects to ship a third of its outbound volume from automated facilities by this time next year.

    By Megan Ruggles • Sept. 6, 2022