Operations: Page 145
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Dollar Tree sales jump 8% as revamped retailer chases price-wary consumers
The company has a new bench of leaders and has turned its attention to improving price gaps and its shabbier stores.
By Ben Unglesbee • Nov. 23, 2022 -
Macy’s establishes mini distribution centers at 35 stores
The conversions give the retailer a closer delivery presence to customers, which will be advantageous during the holiday season.
By Sarah Zimmerman • Nov. 23, 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 -
Best Buy’s Q3 ‘less bad’ than feared even with sales and profit slumps
Discounting is up, inventory is down and consumers are waiting to purchase gifts — it’s beginning to look a lot like pre-pandemic holidays at the retailer.
By Ben Unglesbee • Nov. 22, 2022 -
DTC kitchenware brand Our Place opens first physical store
The brand wants to open more locations in New York and Los Angeles as part of its offline expansion plan.
By Tatiana Walk-Morris • Nov. 22, 2022 -
Simon, Leap aim to bring more DTC brands to malls
To start, the two will open four stores in California and Florida for ThirdLove, Sugarfina and others.
By Cara Salpini • Nov. 22, 2022 -
Federal judge orders Amazon to cease and desist anti-labor practices
But U.S. District Judge Diane Gujarati declined to reinstate a worker fired following his activism at a now-unionized Staten Island facility.
By Daphne Howland • Nov. 22, 2022 -
Raf Simons to close namesake label after nearly 3 decades
Simons launched his influential brand in 1995 after earning a degree in industrial design.
By Kaarin Moore • Nov. 22, 2022 -
Running brand On adds apparel to resale program
Following the success of its footwear recommerce business, the running brand is adding tops, pants, running tights, jackets and other apparel items.
By Tatiana Walk-Morris • Nov. 22, 2022 -
The next frontier in e-commerce packaging: reusable bags and boxes
Online ordering spiked during the pandemic — and so did the waste it creates. As Cyber Monday approaches, startups are developing ways to offer an alternative.
By Lela Nargi • Nov. 22, 2022 -
7-Eleven to offer a year of free delivery during Black Friday
New Gold Plus members who sign up between Nov. 25 and Nov. 28 get free shipping on over 3,000 items, including food and alcohol.
By Jessica Loder • Nov. 21, 2022 -
USPS better equipped for 2022 holidays after past peak struggles
The Postal Service will be less reliant on “peak season heroics” this year, an agency representative said at a House subcommittee hearing.
By Max Garland • Nov. 21, 2022 -
Herschel Supply opens first US store as it plots expansion
The 2,500-square-foot store will be in New York City’s Flatiron District and will feature a space dedicated to local artists and community events.
By Caroline Jansen • Nov. 21, 2022 -
Nike pursues ‘next stage’ of expansion with first Rise concept in North America
Nike Aventura in Miami mimics the tech features at the company’s other locations and marks yet another investment in data-driven stores.
By Tatiana Walk-Morris • Nov. 21, 2022 -
Hasbro looks to unload eOne entertainment studio
The toy giant bought the business for $4 billion in 2019. It plans to retain some production capabilities to support projects around key brands.
By Ben Unglesbee • Nov. 21, 2022 -
Luxury retailers power through despite strong dollar, shaky economy
Wealthy consumers are shrugging off inflation and buying high-end goods at higher prices, but that could soften soon.
By Daphne Howland • Nov. 21, 2022 -
Sponsored by Appriss Retail
Returns are no longer just a cost of doing business
A comprehensive returns strategy can enhance shopper engagement while minimizing the impact on the bottom line.
Nov. 21, 2022 -
Amazon CEO signals more layoffs to come in 2023
After announcing job cuts this week, Andy Jassy said the company would eliminate more roles, including in its team devoted to stores.
By Ben Unglesbee • Nov. 18, 2022 -
New chief Mary Dillon details plans to ‘simplify’ Foot Locker business, improve e-commerce
As Dillon sets her strategy, the retailer will no longer expand into Japan and is winding down two European ventures.
By Cara Salpini • Nov. 18, 2022 -
Dollar Tree hires 4 new C-suite executives
In a continued leadership shakeup, the company named chief compliance, diversity, sustainability and communication officers.
By Tatiana Walk-Morris • Nov. 18, 2022 -
Gap Inc. recovers in Q3 despite Yeezy debacle and heavy discounting
The apparel retailer swung to a profit, and, in a surprise, its once-dormant Banana Republic label led the way.
By Daphne Howland • Nov. 18, 2022 -
Macy’s maintains inventory discipline for a solid Q3
The department store has plenty of fresh merchandise for the holidays, though inflation makes Q4 murky, executives said Thursday.
By Daphne Howland • Nov. 17, 2022 -
Kohl’s pulls guidance as it buckles up for discount-heavy holiday season
The retailer’s profits and sales continued their slide in the third quarter. Now it is headed into the most important period without a CEO.
By Ben Unglesbee • Nov. 17, 2022 -
Amazon confirms layoffs
The company is consolidating teams following reports earlier in the week that said the e-commerce giant was firing thousands.
By Kaarin Moore • Nov. 17, 2022 -
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