Operations: Page 137
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Under Armour CEO Patrik Frisk to step down
Chief Operating Officer Colin Browne will take over on an interim basis, and Frisk will remain with the company in an advisory role until Sept. 1.
By Kaarin Moore • May 19, 2022 -
REI hires chief supply chain officer as it expands distribution footprint
A former TireHub executive is taking the reins as the outdoor retailer pursues further growth.
By Kate Magill • May 19, 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 -
Bath & Body Works outlook on profit growth turns negative as inflation wears on
The retailer expects material, transportation and wage costs, along with technology investments, to weigh on earnings.
By Ben Unglesbee • May 19, 2022 -
After heightened demand during the pandemic, growth at Home Depot and Lowe's begins to normalize
A cooler spring delayed sales during Q1, but Home Depot's position among professionals helped it weather challenges better than its rival.
By Caroline Jansen • May 18, 2022 -
Retailers pledge to address racial profiling, unfair treatment of store customers
Several companies and brands are joining Sephora and the nonprofit Open to All in acknowledging bias and pledging concrete steps to combat it.
By Daphne Howland • May 18, 2022 -
Target's profit 'collapsed' in Q1 as retail smashes into fuel costs
The retailer faced hundreds of millions of dollars in unexpected freight costs. But the company is being selective in when to hike prices.
By Ben Unglesbee • May 18, 2022 -
Century 21 to return to its iconic NYC flagship
During a time of challenges in the department store industry, the off-price luxury retailer is making a comeback after its 2020 bankruptcy.
By Dani James • May 18, 2022 -
Walmart's profits take a hit as fuel spikes and consumers react to inflation
As costs continue rising, the retailer is being strategic about pricing — raising and rolling back as it seeks market share and profit.
By Ben Unglesbee • May 17, 2022 -
Continuing apparel push, Wilson debuts performance tennis collection
Tennis apparel has been a priority since the company launched its Wilson Sportswear unit last year and is the "main growth vehicle" of that business.
By Cara Salpini • May 16, 2022 -
Belk CEO departs after less than a year in the job
Chief Operating Officer Don Hendricks is taking the post in the interim, replacing Nir Patel, who is leaving to become COO at GameStop.
By Daphne Howland • May 16, 2022 -
Solo Brands appoints new CFO
Somer Webb comes from sporting goods manufacturer Kent Outdoors. The DTC company also announced the addition of two new board members.
By Tatiana Walk-Morris • May 16, 2022 -
GameStop poaches former Belk CEO as its new COO
Nir Patel is the retailer's second operations chief in a little over a year.
By Ben Unglesbee • May 16, 2022 -
When activists come for retailers: 7 recent shareholder spats
Hedge funds have been pressing for everything from new leadership to company spinoffs at some mainstay industry players.
By Ben Unglesbee • May 16, 2022 -
Sponsored by Sailthru
Market insights: Analysis of 500 brands reveals gaps that retailers can turn into competitive advantages
Four takeaways stand out as critical to retail performance in the months ahead.
May 16, 2022 -
Column
The Weekly Closeout: Eddie Bauer CEO exits and Target workers move to unionize
Damien Huang had only been CEO for about a year, while Target's Christiansburg, Virginia, employees seek higher wages.
By Retail Dive Staff • May 13, 2022 -
Instacart files confidentially for IPO
The announcement is a long-awaited step for the San Francisco-based company, which did not disclose further details on its potential offering.
By Catherine Douglas Moran , Jeff Wells • May 13, 2022 -
"Outside of Crate and Barrel, Natick Mall" by Massachusetts Office Of Travel & Tourism is licensed under CC BY-ND 2.0
Crate and Barrel names SVP of the metaverse
Looking to unify growth across its brands, the home goods retailer also promoted two other executives to new roles.
By Dani James • May 12, 2022 -
Dollar Tree taps former Dollar General execs for help with supply chain, merchandising
The hires are the latest with experience at the dollar store's rival to join, along with new executive chair Richard Dreiling.
By Ben Unglesbee • May 12, 2022 -
J.C. Penney taps new marketing chief
John Aylward takes the job next month, in the midst of the struggling department store's latest attempt to reset.
By Daphne Howland • May 12, 2022 -
Trove president promoted to CEO
Gayle Tait, who previously worked at Google and L’Oréal, is taking the company’s helm, while founder Andy Ruben moves to an executive chairman role.
By Tatiana Walk-Morris • May 12, 2022 -
Carhartt hires new SVP of DTC
The premium workwear brand recently opened its 35th U.S. retail location, signaling its interest in direct-to-consumer growth.
By Dani James • May 12, 2022 -
Best Buy just launched a $200 home pick-up recycling program. Is it necessary?
For consumers looking to avoid e-waste, retailers are filling a gap left by manufacturers.
By Kaarin Moore • May 12, 2022 -
Amazon faces worker demands — from shareholders
The Securities and Exchange Commission's new focus on "social policy significance" means some activist proposals will get a vote at the e-commerce giant's annual meeting this month.
By Daphne Howland • May 11, 2022 -
Allbirds' first wholesale deals are with Zalando and Public Lands
The company's own physical footprint is also performing well, with U.S. stores growing "well in excess of 150%" in the first quarter.
By Cara Salpini • May 11, 2022 -
Kohl's board survives activist challenge
Shareholders' rejection of a further board shakeup signals confidence in CEO Michelle Gass, but doesn't necessarily rule out a sale.
By Daphne Howland • May 11, 2022