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Courtesy of Lululemon
Expanding its reach, Lululemon now sells hijabs
Two styles debuted last week, with a third expected later this year. The company says all three emphasize performance and versatility.
By Cara Salpini • June 14, 2022 -
AvigatorPhotographer via Getty Images
Ocean shipping reform clears Congress, to the cheers of retail groups
The bill, which President Biden indicated he will sign, gives the Federal Maritime Commission more authority to investigate and claw back carrier fees.
By Ben Unglesbee • June 14, 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 -
(Photo by Mario Tama/Getty Images) via Getty Images
'The rip-off is over': Biden urges shipping reform during Port of Los Angeles visit
The president warned carriers that new regulations, aimed at cracking down on skyrocketing shipping costs, are coming.
By Colin Campbell , Sarah Zimmerman • June 14, 2022 -
Courtesy of Ulta
Ulta's Shelley Haus passes away after 'valiant fight' with cancer
The retailer’s chief marketing officer was “an innovative marketer, creative storyteller and a people-first leader who saw beautiful possibilities in everything and everyone,” the company said.
By Cara Salpini • June 14, 2022 -
Kevin Dietsch via Getty Images
PayPal strives to improve checkout
The company aims to improve the checkout experience for both merchants and consumers, with new services being tested this year, CEO Dan Schulman said.
By Lynne Marek • June 14, 2022 -
Revlon reportedly preparing for bankruptcy
The beauty giant has long suffered under billions of dollars in debt, while the pandemic exacerbated its financial struggles.
By Ben Unglesbee • June 13, 2022 -
Courtesy of Fieldtrip
Edgewell debuts Gen Z-focused skincare brand, Fieldtrip
The CPG giant, which acquired DTC razor brand Billie last year, is selling Fieldtrip via a DTC website and Amazon to start.
By Cara Salpini • June 13, 2022 -
Daphne Howland/Retail Dive
Urban Outfitters trims low-profit SKUs to boost margins
Fewer styles and larger orders are among the tactics the company is using to offset rising freight costs.
By Colin Campbell • June 13, 2022 -
Photo Illustration: Riccardo Savi/Getty Images; Industry Dive
Deep Dive // Sustainability in retailCan investors make retail sustainable?
Lenders and shareholders are tying ESG concerns to the capital they invest. Meanwhile, corporate finance teams in retail lag in leading on sustainability.
By Ben Unglesbee • June 13, 2022 -
Kinga Krzeminska via Getty Images
Sponsored by HSBCHere's what passage of the Fashion Act would mean for apparel companies
If passed, the Fashion Act will apply to global apparel and footwear companies with more than $100 million in revenue that do business in New York. In short, almost every big global brand.
June 13, 2022 -
jacoblund via Getty Images
Sponsored by WonoloA hidden source for finding retail workers
To meet productivity needs, retailers need to tap an underused resource: flexible workers.
June 13, 2022 -
Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Target works to rightsize inventory and two CEOs prepare to exit
The big-box retailer shocked analysts by cutting its forecasts on operating margin, and the industry saw two major C-suite departures.
By Retail Dive Staff • June 10, 2022 -
Courtesy of Stitch Fix
Stitch Fix misses out on the apparel boom, as losses widen in Q3
The e-retailer is still scrambling to integrate its e-commerce with its legacy box business, but some analysts see problems with its model.
By Daphne Howland • June 10, 2022 -
Courtesy of Stitch Fix
Stitch Fix lays off 15% of its salaried workforce
The reduction reflects about 4% of all company roles, mostly non-technology and styling leadership, CEO Elizabeth Spaulding said in a company blog post.
By Daphne Howland • June 9, 2022 -
Permission granted by Madewell
Madewell is ‘actively investing’ in menswear as it opens another stand-alone store
The retailer launched another store in Los Angeles on Thursday. And as the market for men’s apparel grows, the company may have perfect timing.
By Kaarin Moore • June 9, 2022 -
Daphne Howland/Retail Dive
Chico's was ready for its customers in Q1 as sales surged 40%
The conglomerate’s turnaround is paying off, but the second half of the year could be tougher as consumers battle inflation.
By Daphne Howland • June 8, 2022 -
Permission granted by Dollar General
Dollar General upgrades retail media network, emphasizing rural customers
The discount chain, which has benefited from inflationary trends, is adding new tech partners such as The Trade Desk in the race to secure more brand dollars.
By Peter Adams • June 8, 2022 -
Courtesy of Walmart
Top Walmart executives talk inflation, labor and supply chain challenges
At a recent investor Q&A, company leaders detailed how they’re tackling headwinds like cost pressure and shared how they aim to leverage Walmart+.
By Catherine Douglas Moran • June 8, 2022 -
Zara now charges for some returns. Will other retailers follow?
In some regions, customers pay a fee to return online purchases to third-party drop-off points. It may mark a turning point for companies.
By Kaarin Moore • June 8, 2022 -
Daphne Howland/Retail Dive
The RealReal founder and CEO abruptly resigns
Julie Wainwright is out as chief executive and board chair, allowing the company to focus more on profitability, according to analysts.
By Kaarin Moore • June 7, 2022 -
Courtesy of Target
Target moves to reduce inventory, taking markdowns and canceling orders
Just weeks after lowering its guidance, the retailer now expects an even deeper hit to profit margins as consumers pull back on discretionary spending.
By Ben Unglesbee • June 7, 2022 -
With little choice, Kohl's in final talks for Vitamin Shoppe owner to take over for $9B
Franchise Group plans to leverage Kohl's real estate to finance most of the deal, a debt load that could hamper its turnaround, analysts say.
By Daphne Howland • June 7, 2022 -
Drew Angerer/Getty via Getty Images
Apple joins buy now, pay later boom
Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees.
By Jonathan Berr • June 7, 2022 -
Permission granted by Grove Collaborative
Grove Collaborative slashes long-term growth expectations as revenue drops
Inflation and changing consumer behaviors are taking a toll on the company.
By Dani James • June 7, 2022 -
Daphne Howland/Retail Dive
Sephora CEO reportedly out after nearly two years
Martin Brok will exit at the end of the month, with Chris de Lapuente taking on the role again, according to an internal release cited by Women's Wear Daily.
By Cara Salpini • June 6, 2022
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