Operations: Page 129
-
Macy’s, Nike, Target call on Senate to pass the Respect for Marriage Act
Over 170 companies signed a letter in support of the bill, stating that inclusive practices “lead to more productive and engaged employees.”
By Kaarin Moore • July 29, 2022 -
Saks Off 5th partners with Rent the Runway
Customers can purchase secondhand designer items from Rent the Runway on a new “pre-owned” section of Saks Off 5th’s website.
By Kaarin Moore • July 28, 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 -
Podcast
The Backroom: Planet retail
Retailers know they have an important role in addressing climate change. But navigating sustainability is riddled with challenges.
By Retail Dive Staff • July 28, 2022 -
Target to open 3 new sortation centers in ‘stores-as-hubs’ push
New facilities in Chicago and Denver will help free up store space, batch orders and ease deliveries.
By Alejandra Carranza • July 27, 2022 -
Shopify reports $1.2B net loss, lays off 10% of its workforce
The company’s e-commerce gamble “didn’t pay off,” CEO Tobi Lütke said, and it expects operating losses through the rest of the year.
By Dani James • July 27, 2022 -
Adidas slashes expectations amid slow recovery in Greater China
Sales in the region, once predicted to be flat year over year, are now projected to decline by double digits, leading to cuts across the retailer’s guidance.
By Cara Salpini • July 27, 2022 -
Revlon gets court OK on $15.4M bonus plan for 'critical' employees
In bankruptcy, the cosmetics giant is trying to retain staff it says are critical to operations after recent years of stress and turmoil.
By Ben Unglesbee • July 27, 2022 -
Will Macy’s off-mall bet pay off?
As the traditional mall declines, a lot is riding on how well the department store can execute its small-format, strip-center strategy. And whether it should.
By Daphne Howland • July 27, 2022 -
Glossier enters wholesale with Sephora deal
In its first retail partnership, the DTC brand will be sold in the beauty retailer’s U.S. and Canadian stores, as well as on its website and app.
By Cara Salpini • July 26, 2022 -
Very Great hires vice presidents of sales, omnichannel fulfillment operations
The DTC holding company is one of many that have been building out their portfolios of online brands in hopes of fueling their growth.
By Tatiana Walk-Morris • July 26, 2022 -
Glossier’s fifth store to open in DC’s Georgetown neighborhood
The brand’s brick-and-mortar expansion carries on, despite layoffs and price hikes earlier this year.
By Cara Salpini • July 26, 2022 -
Walmart warns that profits are tanking as consumers leave clothes on the rack
But inflation is stoking sales in consumables, leading the retail giant to raise its expectations for revenue and comps for the quarter and the year.
By Daphne Howland • July 26, 2022 -
Retrieved from Hanna Andersson on July 26, 2022
Children's clothing brand Hanna Andersson names CEO
Aimée Lapic — who has previously held roles at Gap Inc., Banana Republic and GoPro — marks the retailer’s fifth CEO in as many years.
By Caroline Jansen • July 26, 2022 -
Best Buy pilots a small-format, digitally focused store
The 5,000-square-foot location in North Carolina excludes appliances and other large items, instead focusing on curated products and services.
By Ben Unglesbee • July 26, 2022 -
Amazon introduces a new wallet for sellers
The e-commerce juggernaut said it’s offering a new digital wallet service to its sellers and planning to roll it out more broadly over the “next few months.”
By Lynne Marek • July 26, 2022 -
Grill company Weber CTO steps in as interim CEO
At least in the interim, technology is the answer for Weber as CEO Chris Scherzinger departs amid sales slump, supply chain woes and inflation.
By Matt Ashare • July 26, 2022 -
Eddie Bauer introduces resale option for used apparel, gear
The company introduced gear rental last year, and is expanding its (Re)Adventure program to make the outdoors more accessible.
By Tatiana Walk-Morris • July 25, 2022 -
Deep Dive
As consumers return to stores, why would Amazon shut the door?
The e-retailer is expanding its grocery fleet and experimenting with apparel stores. But it has abandoned stand-alone brick and mortar for book sales and other merchandise.
By Daphne Howland • July 25, 2022 -
Clinique Lab launches at Macy’s in NYC
The concept rolled out at the Herald Square location, with more scheduled to come to other stores this year.
By Kaarin Moore • July 25, 2022 -
Hasbro, Mattel make gains in tough Q2
Sales are up at the toy companies, but margins are still getting squeezed by supply chain costs.
By Ben Unglesbee • July 22, 2022 -
Walmart partnership expands The Honest Company's reach
The DTC brand has been raising capital and hiring industry executives as it grows its online and in-store footprint.
By Tatiana Walk-Morris • July 22, 2022 -
Dollar Tree taps new CIO amid C-suite shakeup
Bobby Aflatooni joins other members of the retailer’s C-suite from Dollar General as it navigates a business overhaul, price hikes and rodent problems.
By Matt Ashare • July 22, 2022 -
Column
The Weekly Closeout: Tractor Supply names chief marketer and Mattel partners with SpaceX
Kimberley Gardiner joins the retailer as its former CMO retires. Meanwhile, the toy company signed a multi-year agreement with Elon Musk’s space firm.
By Retail Dive Staff • July 22, 2022 -
Bed Bath & Beyond downgraded by Moody's amid 'steep decline' in sales
The agency updated the retailer’s coporate rating following the departure of its CEO and chief merchandising officer late last month.
By Caroline Jansen • July 21, 2022 -
Kohl's outlook turns negative at S&P as it faces tough retail environment
After acquisition talks ended, the retailer is under pressure from shareholders and consumers’ tightening wallets.
By Ben Unglesbee • July 21, 2022