Operations: Page 143
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Costco names new president and COO
Ron Vachris, who previously served as the chief operating officer for merchandising, is also taking a position on the club retailer's board of directors.
By Jeff Wells • Feb. 4, 2022 -
Kohl's slams takeover bids as inadequate, adopts 'poison pill'
Any deal was already seen by analysts as uncertain, and the chances of a financial firm acquiring the department store are now even less likely.
By Daphne Howland • Feb. 4, 2022 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Column
The Weekly Closeout: David’s Bridal targets a younger consumer and Versace plans for more stores
The bridal company launched its first junior collection, while the Capri brand aims to grow its physical footprint by nearly 100 stores.
By Retail Dive Staff • Feb. 4, 2022 -
Target introduces 40 new beauty brands to its lineup
Half of the brands are from Black-owned or founded companies, and most products meet the retailer's clean standards for ingredient transparency.
By Kaarin Moore • Feb. 4, 2022 -
Oddity launches personalized skin and hair care brand, SpoiledChild
Its first brand, Il Makiage, just surpassed $260 million in revenue. With SpoiledChild, the company enters the personalized skin and hair care space.
By Tatiana Walk-Morris • Feb. 4, 2022 -
Amazon hikes Prime membership by $20 to $139
The e-commerce giant is unlikely to lose many customers over the increase, but it will have to keep investing in member perks, analysts say.
By Daphne Howland • Feb. 3, 2022 -
Landlords are starting to play hardball again, JLL finds
Stores are back in town, though less so in areas dependent on tourists and office workers, according to the commercial real estate firm's City Retail report.
By Daphne Howland • Feb. 3, 2022 -
Reebok's head of creative direction to leave amid Authentic Brands acquisition
Kerby Jean-Raymond has been leading a refresh to the brand's vision since September 2020 and will step down March 1.
By Cara Salpini • Feb. 3, 2022 -
High parcel demand means another year of 'firm pricing' for UPS
Limited space in carrier networks and high delivery costs aren't expected to fade this year.
By Max Garland • Feb. 3, 2022 -
Deep Dive
Kohl's has location, partnerships and a savvy CEO: Why isn't that enough?
Despite the department store's turnaround efforts, activist investors are insisting on dramatic change, including a sale.
By Daphne Howland • Feb. 3, 2022 -
Shipt names Target operations executive as CEO
Kamau Witherspoon will take over leadership of the delivery company from Kelly Caruso, another Target vet, who has been at the helm since early 2019.
By Sam Silverstein • Feb. 2, 2022 -
Party City gets an upgrade from Fitch as sales improve
After a deeply challenging 2020, the party goods supplier is climbing out of a large hole, but it still has a long way to go.
By Ben Unglesbee • Feb. 2, 2022 -
Deep Dive
The path forward for fashion's sustainable future may be affordability
Sustainability sells, but how can retailers market around the trendy topic when eco-friendly products are often inaccessible to the average consumer?
By Natalie Black (Koltun) • Feb. 2, 2022 -
Wish appoints former Foot Locker exec as CEO
It's the latest in a series of C-suite announcements from the company, which included a new CFO, CTO and chief product officer.
By Tatiana Walk-Morris • Feb. 2, 2022 -
Home Depot plans to hire over 100K workers ahead of spring season
To support the effort, the home improvement retailer is hosting a virtual hiring event on Feb. 16.
By Caroline Jansen • Feb. 1, 2022 -
Sam's Club rolls out inventory-checking robots chainwide
The technology will be mounted on autonomous floor-cleaning machines already in operation in stores across the U.S.
By Sam Silverstein • Feb. 1, 2022 -
With fresh funding in hand, Win Brands Group acquires Love Your Melon
Win's CEO Kyle Widrick talks about the company's latest acquisition and its plans for the $40 million it just raised.
By Caroline Jansen • Feb. 1, 2022 -
As 2022 kicks off, store closures are down 65%: Coresight
A slowdown in bankruptcies and a strong consumer have stemmed the tide of closures. Meanwhile, discounters have been on a building spree.
By Ben Unglesbee • Jan. 31, 2022 -
Ralph Lauren turns to Franklin Venture Partners for tech investment strategy
The apparel retailer wants to be on the cutting edge of consumer technology and customer acquisition and invest in women-led companies.
By Daphne Howland • Jan. 31, 2022 -
Farfetch to acquire beauty retailer Violet Grey
The deal comes ahead of the launch of the beauty category on the Farfetch marketplace, which is scheduled for later this year.
By Kaarin Moore • Jan. 31, 2022 -
Deep Dive
Supply chains were made to be broken. Will the industry fix them?
All kinds of things can go wrong with long, complicated networks of firms spanning the globe and often concentrated by geography. Last year, it all went wrong.
By Ben Unglesbee • Jan. 31, 2022 -
9 things you should know about Mattress Firm's IPO filing
The retailer is heavily in debt and gave leadership $135 million in bonuses this September "in recognition of efforts made to emerge from bankruptcy."
By Kaarin Moore • Jan. 31, 2022 -
Returns from 2021 could total $761B: NRF
As customers return more merchandise than previous years, retailers must contend with the increasing costs of returned items.
By Tatiana Walk-Morris • Jan. 28, 2022 -
Home Depot names Ted Decker CEO
Decker, the retailer's chief operating officer, succeeds Craig Menear, who's held the top spot since 2014.
By Caroline Jansen • Jan. 28, 2022 -
Walmart’s store redesign could spell more trouble for department stores
The store includes more dynamic displays, QR codes and digital screens that "create opportunities for digital exploration," according to the retailer.
By Daphne Howland • Jan. 28, 2022