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18 retailers at risk of bankruptcy as consumers tighten wallets in 2022
As demand wavers and capital gets harder to find, the number of companies at risk has soared from last year.
By Ben Unglesbee • Oct. 3, 2022 -
Getty Images
Sponsored by Orckestra (powered by mdf commerce)Is retail ready for the first post-pandemic holiday season?
With the holiday season around the corner, here is the edge retailers need over their competitors.
By Frank Kouretas, Chief Product Officer and Jean-Walter Guillery, Director of Product, Omnichannel at Orckestra (powered by mdf commerce) • Oct. 3, 2022 -
Trendline
Gen Z and the next-generation consumer
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Courtesy of Peloton
In settlement with Lululemon, Peloton will phase out certain designs
The at-home fitness brand was accused of patent and trademark infringement by Lululemon.
By Dani James • Sept. 30, 2022 -
Courtesy of Supergoop
Supergoop expands executive team
Company veteran Britany LeBlanc was promoted to chief marketing officer, and LVMH alum Ryan Crowley will be chief financial and chief operating officer.
By Daphne Howland • Sept. 30, 2022 -
Courtesy of Beyond Yoga
ColumnThe Weekly Closeout: Beyond Yoga opens its first store and H&M looks to cut costs
The active brand is planning more stores down the pike, while the fast-fashion retailer is hoping to stem losses by charging for returns.
By Retail Dive Staff • Sept. 30, 2022 -
Courtesy of Rite Aid
Rite Aid’s losses triple as sales fall
Declines in traffic and sales from COVID-19 services could be hurting the drugstore chain.
By Ben Unglesbee • Sept. 30, 2022 -
Courtesy of Peloton
Peloton deepens wholesale ties through Dick’s Sporting Goods deal
The partnership was announced at the same time Peloton lost its lawsuit against Lululemon.
By Dani James • Sept. 30, 2022 -
Courtesy of Stitch Fix
Stitch Fix again makes ‘Freestyle’ e-commerce site exclusive only to box customers
The apparel styling service ended the requirement a year ago but has revisited the policy as it struggles to reconcile its two business models.
By Daphne Howland • Sept. 30, 2022 -
Courtesy of Nike
Nike ‘aggressively’ clearing inventory ahead of holidays
Some out-of-season apparel arrived late, while holiday apparel arrived early, leading inventories to rise 44% year over year.
By Cara Salpini • Sept. 30, 2022 -
Daphne Howland/Retail Dive
Athleta turns to resale, outlet sales to coax new customers
Gap Inc. has been depending on its athleisure brand to grow swiftly, but it’s faltered lately as consumers buy dressier clothes and cut spending.
By Daphne Howland • Sept. 29, 2022 -
Courtesy of Amazon
Amazon to spend nearly $1B on wage hikes for frontline workers
Increases start in October and will raise the average starting wage for fulfillment and transportation workers to over $19 an hour, the company said.
By Ben Unglesbee • Sept. 29, 2022 -
Courtesy of Burberry
Burberry nabs Daniel Lee as creative chief
The British fashion designer is credited with reviving Kering-owned Bottega Veneta, though he left abruptly last year after three years as creative director.
By Daphne Howland • Sept. 29, 2022 -
Wellmeier, Ed. (2021). [Photograph]. Retrieved from Flickr.
American Eagle leverages Quiet Platforms to speed its own fulfillment
E-commerce orders are now reaching customers within three days of checkout, and executives still see room for improvement.
By Alejandra Carranza • Sept. 29, 2022 -
Hiroko Masuike / Stringer via Getty Images
How retailers are hiring for the holidays in 2022
Nordstrom plans to bring on 20,000 seasonal workers this year, down from the more than 28,000 it announced in 2021.
By Retail Dive Staff • Updated Oct. 14, 2022 -
Courtesy of The North Face
The North Face fills chief marketer, merchandiser spots with Nike vets
Sophie Bambuck will take on the marketing role while Jennifer Ingraffea will fill the merchandising position as the brand builds out its leadership team.
By Cara Salpini • Sept. 28, 2022 -
Courtesy of Macy's
Macy’s launches third-party marketplace in time for the holidays
The department store is filling gaps in its assortment with an online selection of toys, pet goods and other items. Should some end up in stores, too?
By Daphne Howland • Sept. 28, 2022 -
Daphne Howland/Retail Dive
Sephora launches $49 annual same-day delivery subscription
The speedy delivery service comes as the beauty retailer is rapidly expanding its store footprint through a partnership with Kohl’s.
By Cara Salpini • Sept. 28, 2022 -
"https://www.flickr.com/photos/jeepersmedia/14853082845/in/photolist-2k8nwKQ-2jkjsvv-oCvW4g-oCuf3U-oEgTw6-oCufvN-oAuaV1-oCfiot-oAub5j-om2TrM-2ihyE2T-ofj1tt-oEgSPe-om2vPR-oCvUVV-om2ajd-2pC7eGW-owLTPE-2m" by Mike Mozart is licensed under CC BY 2.0
As the holidays approach, Five Below adds BOPIS
The retailer is looking to provide more convenience as consumers seek out discount retailers to combat inflation.
By Tatiana Walk-Morris • Sept. 28, 2022 -
Permission granted by At Home Group
At Home downgraded as it burns through cash
The retailer took on debt from a private equity acquisition last year. Then the home goods market tanked.
By Ben Unglesbee • Sept. 28, 2022 -
Courtesy of Grove Collaborative
Grove Collaborative doubles retail presence through CVS partnership
As it tries to reach more consumers, the company is facing declining sales.
By Tatiana Walk-Morris • Sept. 27, 2022 -
Courtesy of REI Co-op
REI will open stores late on Election Day so employees can vote
The retailer joins nearly 2,000 others in ensuring that work schedules allow for time to cast a ballot.
By Daphne Howland • Sept. 27, 2022 -
Daphne Howland/Retail Dive
Eddie Bauer taps VF Corp exec as new CEO
Tim Bantle replaces Damien Huang, who stepped down after a year on the job and not long after its acquisition by Sparc Group.
By Ben Unglesbee • Sept. 27, 2022 -
Courtesy of Knix
Knix acquired for $320M
The DTC brand was bought by health and hygiene company Essity, with founder Joanna Griffiths maintaining a 20% stake.
By Tatiana Walk-Morris • Sept. 27, 2022 -
Carlos Alvarez via Getty Images
Yeti CFO resigns following lukewarm earnings
Paul Carbone, who took the company public during his first year as CFO, is departing to pursue another venture closer to family after four years in the role.
By Elizabeth Flood • Sept. 27, 2022 -
Courtesy of Peloton
Peloton’s head of marketing, chief commercial officer exit
Dara Treseder is leaving Oct. 4 to become the CMO of Autodesk and Kevin Cornils exited last Friday.
By Dani James • Sept. 26, 2022
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