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GameStop lays off employees — again
Multiple LinkedIn posts from GameStop employees, including engineers, say they were let go by the company this week.
By Dani James • Dec. 7, 2022 -
Sephora selects 7 beauty brands for accelerator program
Participants will receive mentorship, merchandising support, grants, investor introductions and the opportunity to sell in Sephora’s North America stores.
By Tatiana Walk-Morris • Dec. 7, 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 -
Gartner: Uncertainty clouds chief marketer prospects for 2023
Marketers might need to defend their independence internally as a cross-functional focus eats away at budgets that have struggled to bounce back.
By Peter Adams • Dec. 7, 2022 -
A look at Bed Bath & Beyond’s tumultuous year
The distressed home retailer experienced a C-suite shakeout, strategy pivot and a board refresh as it continues to work on turning the business around.
By Caroline Jansen • Dec. 7, 2022 -
Former LVMH exec to be named CEO of Prada
Andrea Guerra will step into the role as Miuccia Prada and Patrizio Bertelli plan their succession.
By Kaarin Moore • Dec. 6, 2022 -
Dollar General takes $40M hit from delays in temporary warehouse openings
The company had to use suboptimal distribution networks and pay more in fees due to slowdowns in returning shipping containers.
By Max Garland • Dec. 6, 2022 -
Gap reaps benefits from lower air freight rates
Retailers are growing more optimistic about freight-related tailwinds as rates become more favorable heading into the new year.
By Kelly Stroh • Dec. 6, 2022 -
Instacart adds holiday tree same-day delivery
The company is using its recently launched Big & Bulky fulfillment service to bring live and artificial trees to customers’ homes.
By Catherine Douglas Moran • Dec. 6, 2022 -
WHSmith swipes Neiman Marcus CFO
Kevin Gotthard pivots to the convenience store space after a little over a decade at luxury retail brands Neiman Marcus and Ralph Lauren.
By Elizabeth Flood • Dec. 5, 2022 -
Dick’s Sporting Goods hires EVP of stores
The former Best Buy exec has experience managing human resources and store operations.
By Tatiana Walk-Morris • Dec. 5, 2022 -
VF Corp. CEO departs unexpectedly
The conglomerate is seeking a replacement for Steve Rendle, who was chief executive for nearly six years and at the company for nearly 25.
By Daphne Howland • Dec. 5, 2022 -
LVMH, Glossier latest to sign charter to end racial bias in retail
Now 42 retailers and brands have joined the Open to All initiative, which combats discrimination in shopping and at work in the industry.
By Kaarin Moore • Dec. 5, 2022 -
Burlington navigates higher sourcing costs after ‘desirable’ closeout buys
Product sourcing costs grew 13% from the previous quarter as the off-price retailer took advantage of excess supply.
By Kelly Stroh • Dec. 5, 2022 -
Deep Dive
Is Amazon done disrupting retail?
The e-commerce giant is looking past the industry to expand its reach, and rivals have figured out ways to compete.
By Daphne Howland • Dec. 5, 2022 -
Sponsored by Coveo
3 ways to use AI to drive significant ecommerce profits
Can AI and machine learning boost sales and margins? The answer is absolutely "yes." Find out how.
By Nicolas Darveau-Garneau, Chief Growth and Strategy Officer at Coveo • Dec. 5, 2022 -
Amazon launches supply chain visibility tool to help users pool data
The cloud application, now in use by Whole Foods and Lifetime Brands, aims to help companies more quickly respond to changing market conditions.
By Kelly Stroh • Dec. 2, 2022 -
Aviator Nation unveils first pop-up shop in New York
More DTC brands are turning to physical storefronts to increase sales and market themselves to new customers.
By Tatiana Walk-Morris • Dec. 2, 2022 -
Ulta ‘uniquely positioned’ to weather inflation
CEO Dave Kimbell said the retailer has seen no evidence of trading down and is benefiting from its wide array of price points.
By Cara Salpini • Dec. 2, 2022 -
Column
The Weekly Closeout: Supreme ties up with True Religion and could Bezos come back?
The 22-piece collection features a denim trucker jacket, among other items. Meanwhile, one observer questions if Jeff Bezos could reprise his CEO role.
By Retail Dive Staff • Dec. 2, 2022 -
Urban Outfitters president exits after less than a year
Francis Pierrel, who was previously the CEO of Club Monaco, left the retailer after starting the position in February.
By Kaarin Moore • Dec. 2, 2022 -
10 of the biggest retail stories in 2022
From potential bankruptcies to off-price retailer turmoil, this year came with macroeconomic pressures for companies across the board.
By Retail Dive Staff • Dec. 2, 2022 -
Walgreens launches 24-hour same-day delivery
The pharmacy chain has enlisted multiple delivery platforms to carry out its same-day deliveries in recent years.
By Tatiana Walk-Morris • Dec. 2, 2022 -
Victoria’s Secret is leaning on discounts to get through the holiday
CEO Martin Waters said consumer caution will make it “a tough December across retail,” but some of the lingerie giant’s challenges are its own.
By Daphne Howland • Dec. 1, 2022 -
Amazon touts record Black Friday weekend sales
However, the retailer declined to share exact figures from the shopping event.
By Tatiana Walk-Morris • Dec. 1, 2022 -
Dollar General’s sales up 11%, but costs are still tempering profits
Earnings at the discounter missed estimates, and the company lowered its guidance for the year as supply chain costs and sales mix weigh on margins.
By Ben Unglesbee • Dec. 1, 2022