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Sponsored by Appriss RetailThe billion dollar impact of order claim fraud
With the growth of online shopping, ecommerce retailers should be turning their attention to another type of fraud with potentially far greater impact on the bottom line.
Sept. 19, 2022 -
Drew Angerer via Getty Images
FedEx ramps up cost-cutting measures after earnings fall below expectations
Global volume declined in Q1, a trend the delivery giant expects to continue throughout the rest of its fiscal year.
By Max Garland • Sept. 16, 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 Bed Bath & Beyond
Bed Bath & Beyond announces locations of its first wave of closures
The struggling home goods retailer is moving to shutter over 50 stores after laying out a plan late last month to close 150 locations.
By Caroline Jansen • Sept. 16, 2022 -
Williams-Sonoma names new CFO
Jeff Howie — previously the company’s chief administrative officer — aims to steer the company toward its $10 billion revenue goal.
By Tatiana Walk-Morris • Sept. 16, 2022 -
Courtesy of Gap Inc.
Gap concedes its Yeezy partnership is over
The untimely breakup with Ye, also known as Kanye West, may be the brand’s most high-profile — but it’s not its first.
By Daphne Howland • Sept. 16, 2022 -
Courtesy of Authentic Brands Group
Barneys New York emerges with a beauty line
Parent Authentic Brands Group announced a deal with Korean-based lifestyle company Gloent Group to develop, manufacture and distribute products.
By Kaarin Moore • Sept. 16, 2022 -
Dan Kitwood/Getty Images via Getty Images
Amazon expands email marketing tools for brands seeking new customers
Brands can email message directly to shoppers who don’t follow them by using the free Tailored Audiences tool, which is currently in beta.
By Peter Adams • Sept. 16, 2022 -
Bankrupt Revlon gets court approval for exec bonus plan
Top executives could collectively receive tens of millions of dollars in incentive bonuses.
By Ben Unglesbee • Sept. 16, 2022 -
Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Amazon invests $450M in driver program and Bed Bath & Beyond interim CEO could stay another year
The e-commerce giant will invest in benefits for its Delivery Service Partners, while Sue Gove will reportedly remain with the home retailer for now.
By Retail Dive Staff • Sept. 16, 2022 -
Courtesy of Gap Inc.
Ye moves to sever his relationship with Gap
The designer “had no choice” because the brand failed to comply with unspecified “contractual obligations,” his attorney said.
By Daphne Howland • Sept. 15, 2022 -
Kevork Djansezian/Getty Images via Getty Images
Amazon cancels, delays dozens of warehouses as it looks to rightsize capacity
The e-commerce giant is slowing its network expansion after excess capacity and less productive facilities saw billions of dollars in added costs.
By Max Garland • Sept. 15, 2022 -
Fossil hires chief marketer
While some retailers and brands hire veteran marketing talent, research suggests that companies are bumping up their marketing budgets.
By Tatiana Walk-Morris • Sept. 14, 2022 -
Retrieved from court filing, "Exhibit A," United States District Court for the Northern District of California on September 14, 2022
Rothy’s prevails in court as Birdies agrees to cease selling disputed shoe design
The DTC shoe companies have been in court since April, and Rothy’s on Wednesday vowed to continue to vigorously defend its intellectual property.
By Daphne Howland • Sept. 14, 2022 -
Courtesy of Patagonia
Patagonia founder transfers ownership: ‘Earth is now our only shareholder’
From here on out, “every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the planet,” the company said.
By Cara Salpini • Sept. 14, 2022 -
Scott Olson/Getty Images via Getty Images
Amazon buys mechatronics firm to fold into robotics division
With Cloostermans, the retail giant intends to “more rapidly deploy solutions” that support employees, improve safety and cut packaging waste.
By Edwin Lopez • Sept. 14, 2022 -
Why is Family Dollar hacking at its prices amid inflation?
Hint: The answer starts with ‘D’ and ends with ‘ollar General.’
By Ben Unglesbee • Sept. 14, 2022 -
Vince to shut down Rebecca Taylor
The company is in discussions with lenders to finalize the wind down plan, which is expected to include selling off assets and exiting business channels.
By Kaarin Moore • Sept. 13, 2022 -
Courtesy of CriticalPoint Capital
Olympia Sports files for bankruptcy as it works through liquidation
The regional sporting goods specialist at its height had 230 stores. After a series of deals and tribulations, it’s winding down to zero.
By Ben Unglesbee • Sept. 13, 2022 -
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 Daphne Howland • Sept. 13, 2022 -
Courtesy of Lands' End
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 Kaarin Moore • Sept. 13, 2022 -
Luke Sharrett via Getty Images
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 -
Courtesy of Peloton
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 Dani James • Sept. 12, 2022 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
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 Ben Unglesbee • Sept. 12, 2022 -
Courtesy of Best Buy
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
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