Operations: Page 155


  • Walmart launches private label athletic line Love & Sports.
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    Courtesy of Walmart
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    Walmart launches activewear brand Love & Sports

    The brand was created with fashion designer Michelle Smith and indoor cycling instructor Stacey Griffith and will roll out to 1,500 stores. 

    By April 29, 2022
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    Retrieved from Overstock on May 12, 2021
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    Overstock sales fall 19% as macro challenges hit home

    The drop in revenue was larger than the company anticipated, which it said could be due to consumers reacting to inflation and the war in Ukraine.

    By April 29, 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
  • The North Face x Online Ceramics collaboration
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    Courtesy of The North Face
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    Column

    The Weekly Closeout: Coty winds down Russian operations and The North Face repurposes scraps into gear

    In 2021, the country accounted for about 3% of Coty's sales. Meanwhile, The North Face's latest sustainability effort turns factory scraps into new products.

    By Retail Dive Staff • April 29, 2022
  • Out&Back's resale program with Dick's Sporting Goods
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    Courtesy of Out&Back
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    Dick's launches resale program for outdoor gear

    The pilot, in partnership with Out&Back, will be available in two markets at both Dick's and Public Lands stores.

    By April 28, 2022
  • Lanvin joins Shopify.
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    Courtesy of Lanvin
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    Lanvin Group taps Shopify for e-commerce tech in North America

    The luxury company is accelerating efforts to grow in "the world's largest luxury market" as it readies itself for an IPO.  

    By Tatiana Walk-Morris • April 28, 2022
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    Brandon Bell via Getty Images
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    Mattel posts another 'blowout' quarter amid reported buyout interest

    The company is cutting deals, growing market share and otherwise flexing its muscles. Analysts have noticed, as have possible suitors, according to reports.

    By April 28, 2022
  • A quotation mark on a blue background.
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: What's going on at Amazon?

    The e-commerce giant is grappling with many challenges, including union efforts and its Prime delivery promises.

    By Retail Dive Staff • April 28, 2022
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    Justin Sullivan via Getty Images
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    UPS encounters unexpected drop in parcel volumes as e-commerce growth slows

    Despite the drop, UPS' per-package revenue increased as it follows its strategy of prioritizing more profitable deliveries over pure volume growth.

    By Max Garland • April 27, 2022
  • Grocery bags in a car trunk.
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    Courtesy of Walmart
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    In challenge to Costco, Walmart+ boosts fuel discounts at thousands more gas stations

    The retail giant's discount membership has enlisted 12,000 Exxon and Mobil locations to participate in one of its most enticing perks.

    By April 27, 2022
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    David McNew via Getty Images
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    Mattel reportedly has talked with potential private equity buyers

    According to The Wall Street Journal, the toy giant has had early-stage discussions with Apollo Global Management and L Catterton.

    By April 27, 2022
  • Exterior Old Navy sign.
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    Daphne Howland/Retail Dive
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    Old Navy, new problem

    Once Gap Inc.'s powerhouse, the value brand has faced supply setbacks and a merchandising muddle. Now, it is suddenly in need of a leader. 

    By April 27, 2022
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    Courtesy of Burrow
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    DTC furniture brand Burrow plots 10 new stores

    Kicking off the brick-and-mortar expansion, the brand on Tuesday opened its first store in Boston by appointment only, planning a broader opening in May.

    By April 26, 2022
  • The Children's Place COO to retire

    The kids' apparel retailer doesn't plan on filling Leah Swan's role after she leaves the company. 

    By April 26, 2022
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    Daphne Howland/Retail Dive
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    Francesca’s expands Franki tween brand with 9 stand-alone stores

    The 1,200- to 1,600-square-foot locations will be found in A malls where the flagship banner does well, the company said on Monday.

    By April 26, 2022
  • A tree branch frames a Kohl's store on a sunny day.
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    "Kohl's" by Mike Mozart is licensed under CC BY 2.0
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    J.C. Penney owners Simon and Brookfield prepared to buy Kohl's for $8.6B, NY Post reports

    The developers have teamed up to salvage bankrupt retailers including Forever 21 and Aeropostale, and keep those mall stores running.

    By April 26, 2022
  • A Guess retail banner hangs under an awning.
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    "Guess" by saturnism is licensed under CC BY 2.0
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    Paul Marciano hangs on to Guess director seat as board examines latest sexual harassment allegations

    Activist investor Legion Partners noted that a large majority of independent shareholders withheld their support for the brand’s embattled co-founder.

    By April 25, 2022
  • Kit Undergarments for Third Love
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    Courtesy of ThirdLove
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    ThirdLove snaps up Kit Undergarments in first acquisition

    CEO Heidi Zak said the bra company wanted a sub-brand to target a younger demographic and chose to acquire one rather than build it internally.

    By April 25, 2022
  • Joann store.
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    Courtesy of Joann
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    Joann paid $35.3M more for ocean freight to free up stranded containers

    Excess costs are expected to impact the retailer's results for all four quarters of this year before normalizing, according to the CFO.

    By Alejandra Carranza • April 25, 2022
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    Mario Tama via Getty Images
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    Deep Dive

    For furniture retail, supply chain chaos has become 'normalized'

    As category players extend lead times and amass inventory to manage delays, they're also building sourcing relationships beyond China and Vietnam.

    By April 25, 2022
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    Getty Images
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    Sponsored by Waze

    From in-car to store: Steering in-the-moment buying decisions

    Competition for consumers' eyes and wallets is growing. That means winning retailers must sway in-the-moment buying decisions.

    April 25, 2022
  • Phone in hand with 'pay' button showing
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    Getty Images
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    Report: 80% of US shoppers use buy now, pay later to avoid credit card debt

    However, critics have raised concerns about installment services saddling consumers with more debt and urged for regulatory scrutiny.

    By Tatiana Walk-Morris • April 22, 2022
  • REI expands running assortment
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    Courtesy of REI
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    Column

    The Weekly Closeout: REI expands run assortment and Farfetch enters beauty

    The outdoors retailer will also improve employee training in the category. Meanwhile, the luxury platform will offer a "curated edit" of beauty items.

    By Retail Dive Staff • April 22, 2022
  • Rite Aid storefront.
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    Courtesy of Rite Aid
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    Rite Aid rejected an unsolicited buyout offer

    The drugstore retailer dismissed the off-market proposal as not credible, but kept the door open for future offers.

    By April 22, 2022
  • Nancy Green, president and CEO of Old Navy
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    Courtesy of Gap Inc.
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    Old Navy chief is out

    Sonia Syngal, who previously led the value brand before taking the reins at owner Gap Inc., will fill in while the company searches for Nancy Green's replacement.

    By April 21, 2022
  • Sundry
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    Retrieved from Sundry on January 25, 2022
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    Digital Brands has ambitious expansion plans. A trade creditor wants them on ice until it is paid.

    The DTC company's model is based on acquisitions. But it needs cash as losses expand and unpaid vendors seek payment in court. 

    By April 21, 2022