Casper refinances debt with new $80M credit facility

The funds will be used to retire another loan, as well as to support the capital needs of the business.

By Caroline Jansen • Nov. 17, 2022

Walmart’s inventory glut recedes

Markdowns and canceled orders helped the retail giant trim excess inventory by a third in Q3.

By Max Garland • Nov. 17, 2022

Explore the 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

Target’s profits tumble again, casting a shadow over the holidays

Another disappointing quarter points to pressures on consumers, but some analysts also took the retailer to task for its performance.

By Ben Unglesbee • Nov. 16, 2022

Estee Lauder saves key sales driver with $2.8B Tom Ford deal

The beauty company beat out Gucci owner Kering, which was reportedly also in talks to buy the luxury apparel and accessories brand.

By Daphne Howland • Nov. 16, 2022

Self-checkout now comprises nearly 40% of grocery checkout options, study says

Consumers that use both self-checkout and staffed lanes are highly valuable to retailers, according to shopper intelligence firm Catalina. 

By Catherine Douglas Moran • Nov. 16, 2022

Amazon tests new robotic system to improve warehouse efficiency

The company says Sparrow will automate the task of moving items prior to packaging, a critical part of the fulfillment process.

By Max Garland • Nov. 16, 2022

ThredUp lowers outlook amid fresh competition from legacy retailers

The price promotions being used to clear a glut of inventory at many stores are dampening demand for secondhand apparel, executives said.

By Daphne Howland • Nov. 15, 2022

Foot Locker deepens Puma partnership to secure more exclusive product

The deal emphasizes basketball, and gives Foot Locker exclusive access to a series of new collections from the brand.

By Tatiana Walk-Morris • Nov. 15, 2022

Nike loses third diversity officer in 2 years

Jarvis Sam is leaving the position after a matter of months.

By Cara Salpini • Nov. 15, 2022

Francesca’s names CFO

Teresa Baker is the company’s latest hire, following the fall appointments of its CTO and vice president of e-commerce. 

By Kaarin Moore • Nov. 15, 2022

Party City taps new COO to optimize supply chain

The leadership change comes as the party goods retailer targets $30 million in cost cuts.

By Sarah Zimmerman • Nov. 15, 2022

Amazon reportedly plans 10K layoffs, with a focus on retail

The e-commerce giant is also downsizing divisions related to devices like Alexa and human resources, the New York Times reports.

By Daphne Howland • Nov. 14, 2022

Fitch downgrades Party City as maturities loom

The party goods retailer is fast losing any financial cushion, its turnaround is uncertain and restructuring is “probable,” Fitch analysts said last week.

By Daphne Howland • Nov. 14, 2022

StockX removes ‘Verified Authentic’ tags

After Twitter users pointed out the change, the sneaker marketplace acknowledged the shift, saying “verification is the new authentication.”

By Dani James • Nov. 14, 2022

Maurices opens freestanding stores of tween brand Evsie

The brand, which will open three stand-alone stores and increase its number of shop-in-shops, grew quickly after launching earlier this year. 

By Tatiana Walk-Morris • Nov. 14, 2022

4 ways to improve the BOPIS experience for maximum retention

Retailers are always looking for new ways to remain competitive and keep customers coming back.

Nov. 14, 2022

Amazon showcases new Prime Air delivery drone design

The MK30 is set to come into service in 2024. It's lighter and smaller than the MK27-2 that is slated to make deliveries this year.

By Max Garland • Nov. 14, 2022

Gap finally turns to Amazon to expand sales

Previous CEO Art Peck years ago advocated for partnering with the e-commerce giant, though some analysts frowned on the idea.

By Daphne Howland • Nov. 11, 2022

The Weekly Closeout: Big Lots fills out C-suite and At Home faces downgrade

Big Lots named marketing and merchandising chiefs, while Moody’s downgraded the home retailer’s corporate credit rating.

By Retail Dive Staff • Nov. 11, 2022

Amazon scrutinizing unprofitable business units: WSJ

CEO Andy Jassy, who replaced founder Jeff Bezos a year ago, is keen to slash costs and spike profits, the Wall Street Journal reports.

By Daphne Howland • Nov. 10, 2022

Bed Bath & Beyond taps Burlington vet as chief marketing, customer officer

Bart Sichel has extensive experience in marketing and retail, and joins a C-suite marked by turmoil at a retailer struggling to turn around.

By Daphne Howland • Nov. 10, 2022

Sephora offers on-demand delivery via DoorDash

The online delivery service also has a new beauty tile on its homepage where consumers can shop for the retailer's products.

By Tatiana Walk-Morris • Nov. 10, 2022

Target pivots to larger stores with new 150K-square-foot format

The concept is 20,000 square feet larger than the company average, with more space for pickup services, fulfillment and merchandise.

By Ben Unglesbee • Nov. 10, 2022

12 digital natives that have learned to love old-fashioned retail

These e-retailers promised to disrupt conventional retail practices. Now, in a quest for growth, profits and maybe survival, they’re embracing them.

By Daphne Howland • Nov. 10, 2022

Allbirds’ sales growth ‘disappointing’ given store expansion

The brand is also expanding its relationship with key wholesale partners, which co-CEO Joey Zwillinger says will raise brand awareness.

By Cara Salpini • Nov. 9, 2022