Operations: Page 155
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Dollar General upgrades retail media network, emphasizing rural customers
The discount chain, which has benefited from inflationary trends, is adding new tech partners such as The Trade Desk in the race to secure more brand dollars.
By Peter Adams • June 8, 2022 -
Top Walmart executives talk inflation, labor and supply chain challenges
At a recent investor Q&A, company leaders detailed how they’re tackling headwinds like cost pressure and shared how they aim to leverage Walmart+.
By Catherine Douglas Moran • June 8, 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 -
Zara now charges for some returns. Will other retailers follow?
In some regions, customers pay a fee to return online purchases to third-party drop-off points. It may mark a turning point for companies.
By Kaarin Moore • June 8, 2022 -
The RealReal founder and CEO abruptly resigns
Julie Wainwright is out as chief executive and board chair, allowing the company to focus more on profitability, according to analysts.
By Kaarin Moore • June 7, 2022 -
Target moves to reduce inventory, taking markdowns and canceling orders
Just weeks after lowering its guidance, the retailer now expects an even deeper hit to profit margins as consumers pull back on discretionary spending.
By Ben Unglesbee • June 7, 2022 -
With little choice, Kohl's in final talks for Vitamin Shoppe owner to take over for $9B
Franchise Group plans to leverage Kohl's real estate to finance most of the deal, a debt load that could hamper its turnaround, analysts say.
By Daphne Howland • June 7, 2022 -
Apple joins buy now, pay later boom
Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees.
By Jonathan Berr • June 7, 2022 -
Grove Collaborative slashes long-term growth expectations as revenue drops
Inflation and changing consumer behaviors are taking a toll on the company.
By Dani James • June 7, 2022 -
Sephora CEO reportedly out after nearly two years
Martin Brok will exit at the end of the month, with Chris de Lapuente taking on the role again, according to an internal release cited by Women's Wear Daily.
By Cara Salpini • June 6, 2022 -
Etsy will invest $25M each year for new purchase protection policy
The marketplace says the program will benefit sellers and buyers alike. Meanwhile, a group of artisans has formed a nonprofit guild.
By Daphne Howland • June 6, 2022 -
Amazon's consumer chief to leave after 23 years
Dave Clark has led teams that "built out Amazon's transportation network from scratch," CEO Andy Jassy said. Clark will become CEO of Flexport.
By Ben Unglesbee • Updated June 8, 2022 -
Deep Dive // Sustainability in retail
Retail is fundamentally bad for the environment. And doing better isn't easy.
Improving sustainability is a web of complexity for retailers. Ultimately, it may mean sidelining growth.
By Cara Salpini • June 6, 2022 -
Sponsored by LivePerson
The power of more Curiously Human™ digital experiences in retail
LivePerson’s AI-powered Conversational Cloud™ helps brands build meaningful relationships with their consumers, while delivering real business outcomes.
June 6, 2022 -
Lululemon plans retro, hiking products
The athletics retailer also launched the second product in its footwear offering after the popularity of its running shoe drove out of stocks.
By Cara Salpini • June 3, 2022 -
The Honest Company hires EVP of operations, R&D
The DTC brand has hired new executive leaders to steer future growth following its 2021 IPO.
By Tatiana Walk-Morris • June 3, 2022 -
Wellmeier, Ed. (2021). [Photograph]. Retrieved from Flickr.
American Eagle's logistics arm adds Saks Off Fifth, Fanatics as customers
Six months after announcing its Quiet Logistics acquisition, the retailer is on the hunt for more clients.
By Alejandra Carranza • June 3, 2022 -
Walmart plots 4 new 'next generation' fulfillment centers
The facilities incorporate an automated storage and retrieval system while also employing 4,000 new workers, and could serve 75% of the U.S.
By Ben Unglesbee • June 3, 2022 -
Wilson opens second New York store
Its third location overall, the Upper East Side store lets shoppers rent out equipment before purchasing it.
By Cara Salpini • June 3, 2022 -
Levi's aims for $10B in revenue in 5 years
The company has set ambitious goals based on diversifying its portfolio and boosting DTC sales, while relying on the longevity of its flagship denim.
By Daphne Howland • June 2, 2022 -
Fashionphile opens authentication center, showroom in NYC
The 60,000-square-foot space allows consumers to shop in person, and also houses procurement offices for customers looking to sell.
By Dani James • June 2, 2022 -
Another Enjoy Technology CFO out as it faces cash crisis
The commerce-at-home company — led by former J.C. Penney CEO Ron Johnson — can't keep up with its spiraling costs.
By Ben Unglesbee • June 2, 2022 -
What Trunk Club's demise says about apparel subscriptions
Customers who engage with Nordstrom's stylists, online or in stores, spend more time and money at the retailer. So it's going outside the box.
By Daphne Howland • June 2, 2022 -
Foot Locker hires first chief strategy and transformation officer
Neil Bansal brings experience in digital, innovation and strategy, as the retailer focuses on diversifying its brands and integrating recent acquisitions.
By Tatiana Walk-Morris • June 2, 2022 -
Dollar General names 11 new executives as it springs ahead
The appointments include a trio of new senior vice presidents who will oversee real estate, private label and distribution.
By Sam Silverstein • June 2, 2022 -
Amazon says it is 'inappropriately' targeted by big tech legislation
The company says its customers would be hurt by bills in the House and Senate, which target conflicts of interest at major tech platforms.
By Ben Unglesbee • June 1, 2022