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FatCamera via Getty Images
Retail has more — but slower — growth ahead in 2022: Moody's
After a heady comeback this year, the industry could settle in to a more modest pace, with supply chain, spending changes and debt levels posing some risk.
By Ben Unglesbee • Dec. 16, 2021 -
Courtesy of Neiman Marcus
Neiman Marcus Group pushes back against e-commerce split
CEO Geoffroy Van Raemdonck on Wednesday emphasized such a move would interfere with what he characterized as a well-integrated operation.
By Daphne Howland • Dec. 15, 2021 -
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 -
Marking its first acquisition, Harry's snaps up body odor brand Lumē
Prior to this point, the company focused on incubating and launching its own brands, including Flamingo, Cat Person and Headquarters.
By Cara Salpini • Dec. 15, 2021 -
(2007). Retrieved from Wikimedia Commons.
99 Cents Only downgraded by Moody's
The dollar store chain, based largely in the Southwest, has underperformed compared to its peers during the pandemic and struggled to pay down its debt.
By Ben Unglesbee • Dec. 15, 2021 -
Courtesy of Target
Retailers add 7.5% fewer seasonal jobs than last year: report
The October and November 2021 figures were the lowest for the retail sector since 2016, according to Challenger, Gray and Christmas.
By Tatiana Walk-Morris • Dec. 15, 2021 -
Astrid Stawiarz via Getty Images
Klarna debuts browser extension to enable installment payments for all online retailers
The tool also lets customers use coupons and cashback rewards, save products, receive price drop notifications and create one-time use Visa cards.
By Tatiana Walk-Morris • Dec. 15, 2021 -
Courtesy of Casper
These 10 DTC darlings helped pave the way for digitally native brands. Where are they now?
While several brands have experienced success through acquisitions, public listings or investments from larger retailers, others haven't been as fortunate.
By Caroline Jansen • Dec. 14, 2021 -
Courtesy of Purple
Purple brings on former New Balance chief as acting CEO
Following a quarter of declining sales and growing operating loss, Robert DeMartini steps into the role, succeeding Joseph Megibow.
By Caroline Jansen • Dec. 14, 2021 -
Joe Raedle via Getty Images
Dollar Tree hits back at activist investor seeking board revamp
The retailer hurled rhetorical bombs at a fund that wants to replace all of its directors and install a former Dollar General chief as executive chairman.
By Ben Unglesbee • Dec. 14, 2021 -
Courtesy of Foot Locker
Foot Locker launches women's apparel brand
Cozi is the company's first proprietary womenswear brand, and follows a larger trend of athletics retailers banking on their private labels.
By Tatiana Walk-Morris • Dec. 14, 2021 -
Courtesy of Chanel
Chanel taps Unilever exec as CEO
Leena Nair is leaving after three decades at the consumer products conglomerate, to take over in the fashion house's post-Lagerfeld era.
By Daphne Howland • Dec. 14, 2021 -
Courtesy of Amazon
6 killed as tornado destroys Amazon facility
The Edwardsville, Illinois, police chief on Saturday said recovery efforts were difficult in part because "it's not a set staff" at the delivery station.
By Daphne Howland • Dec. 13, 2021 -
Tim Boyle via Getty Images
Costco is adding pickup lockers to more stores
The retailer expects to have pickup lockers in more than 200 of its locations by the end of 2022, Chief Financial Officer Richard Galanti said.
By Sam Silverstein • Dec. 13, 2021 -
Courtesy of Forever 21, JCPenney
Forever 21 launches at J.C. Penney
The two retailers have been through recent bankruptcies and share a parent company.
By Kaarin Moore • Dec. 13, 2021 -
Retrieved from Instacart on March 02, 2021
Instacart's president announces exit after just 3 months
Former Facebook executive Carolyn Everson will depart at the end of the year, dealing a setback to the e-commerce company as it battles competitors and manages relationships with grocers.
By Catherine Douglas Moran • Dec. 13, 2021 -
Courtesy of Shoe Carnival
How Shoe Carnival became a billion-dollar brand — and counting
The footwear retailer is stepping up with revamped stores, a strategic acquisition and big goals set by new CEO Mark Worden.
By Daphne Howland • Dec. 13, 2021 -
Filipovic018 via Getty Images
Sponsored by KatapultKnow thy customer: 3 actionable customer insights retailers can get from a lease-to-own partner
Data retailers can use lease-to-own data to attract and connect with a whole new customer base.
Dec. 13, 2021 -
MoneyBlogNewz. (2010). "Competition in Shipping" [Photograph]. Retrieved from Flikr.
Survey: 94% of consumers expect to be notified about holiday shipping delays
Additionally, 77% of shoppers worry they will have issues purchasing gifts online this year, according to a report by Intercom.
By Tatiana Walk-Morris • Dec. 10, 2021 -
Daphne Howland/Retail Dive
Citing store theft, 20 major retail CEOs call for Congress to pass marketplace transparency legislation
Millions of dollars worth of stolen goods are being sold online by hard-to-identify third-party sellers, according to the Buy Safe America Coalition.
By Daphne Howland • Dec. 10, 2021 -
Cara Salpini/Retail Dive
Lululemon's sales and profits surge despite freight costs
The athleisure brand's recent tech acquisition, Mirror, is becoming a "distraction." But the retailer's core business is stretching its muscles.
By Ben Unglesbee • Dec. 10, 2021 -
The hottest product this holiday season may be gift cards: report
A study by Square attributes an uptick in gift card sales to supply chain problems that threaten to prevent items from arriving on time.
By Tatiana Walk-Morris • Dec. 10, 2021 -
Permission granted by Walmart
Walmart adds science-based targets to supply chain financing option
The program aims to help the retailer's private brand suppliers, particularly smaller and mid-size ones, make their operations more sustainable.
By Catherine Douglas Moran • Dec. 10, 2021 -
Spencer Platt via Getty Images
GameStop adds inventory, execs, tech offices and millions in losses
The company has opened offices in Seattle and Boston and made more than 200 senior hires as it pursues a vaguely outlined transformation.
By Ben Unglesbee • Dec. 9, 2021 -
Courtesy of Belk
Belk, Afterpay partner on buy now, pay later service
The announcement comes amid a holiday season that is seeing a dramatic increase in BNPL spending.
By Tatiana Walk-Morris • Dec. 9, 2021 -
Torrid braces for rising costs and ongoing pandemic uncertainty after mixed Q3
The plus specialist is gaining market share in part thanks to its new Curve lingerie brand, but stores haven't returned to their pre-pandemic productivity.
By Daphne Howland • Dec. 9, 2021
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