Operations: Page 157
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With volatility and recession talk everywhere, what are retailers’ actual financial risks?
Some players have gotten stronger since the pandemic began. But 2021’s boom times papered over weakness in others.
By Ben Unglesbee • Sept. 6, 2022 -
Kohl’s gets $2B bid for real estate: Reuters
The retailer has reportedly discussed a leaseback deal with a private equity firm following a breakdown in acquisition talks earlier this year.
By Ben Unglesbee • Sept. 6, 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 -
Chewy opens third automated fulfillment center as shipping capacity grows
The pet supply retailer expects to ship a third of its outbound volume from automated facilities by this time next year.
By Megan Ruggles • Sept. 6, 2022 -
Bed Bath & Beyond’s CFO, Gustavo Arnal, dead at 52
Arnal, who joined the home retailer in 2020, previously held roles at Avon, Walgreens Boots Alliance and Procter & Gamble.
By Caroline Jansen • Sept. 4, 2022 -
Amazon offers sellers long-term inventory storage with new service
Amazon Warehousing & Distribution allows the company to capture more value from its fulfillment network, which has grappled with excess capacity this year.
By Max Garland • Sept. 2, 2022 -
6 Express Edit stores to open in the next 90 days
The concept stores from Express are acquiring new shoppers and reactivating lapsed customers.
By Kaarin Moore • Sept. 2, 2022 -
Dollar General makes additional leadership changes
A new chief strategy officer and appointments within its store operations division highlight the discount retailer’s latest round of updates.
By Jeff Wells • Sept. 2, 2022 -
Column
The Weekly Closeout: Sam’s Club raises membership prices and the majority of Americans approve of labor unions
The warehouse club is hiking membership costs for the first time in a decade, and 71% of people in the U.S. now approve of the organizations.
By Retail Dive Staff • Sept. 2, 2022 -
Sam’s Club increases membership fee for the first time in almost a decade
Basic membership costs will go from $45 to $50, while the price of a “Plus” membership will rise from $100 to $110.
By Peyton Bigora • Sept. 1, 2022 -
Athleta launches intimates
Its Rituals collection will be available online starting Sept. 20, as the company tries to provide a “first layer” for its shoppers.
By Kaarin Moore • Sept. 1, 2022 -
Francesca’s appoints Build-A-Bear vet as CTO
Mike Early, who also worked with Macy’s, will take on the role, while Laura Schick was named vice president of e-commerce.
By Kaarin Moore • Sept. 1, 2022 -
Retailers take expensive measures to clear inventory ahead of peak season
Faced with sluggish consumer demand, Gap, Kohl’s and Nordstrom are deploying deep discounts and pulling items from the shelves.
By Kate Magill • Sept. 1, 2022 -
Amazon rolls out delivery route algorithm to reduce miles driven
The e-commerce giant has deployed its “Condor” program nationwide after introducing it in January.
By Max Garland • Sept. 1, 2022 -
Bed Bath & Beyond to close stores, lay off staff as part of turnaround plan
The retailer also announced it has secured $500 million in new financing and will sell shares to raise additional cash.
By Caroline Jansen • Aug. 31, 2022 -
Chewy nudges sales up 12.8% and learns a new trick: profitability
Recurring purchases of key essentials have helped the online pet specialist grow revenue while its costs are easing.
By Ben Unglesbee • Aug. 31, 2022 -
PVH to lay off 10% of its global workforce in coming months amid weak apparel demand
Trish Donnelly, who arrived from Urban Outfitters last year to lead Calvin Klein globally and all the company’s brands in North America, is leaving.
By Daphne Howland • Aug. 31, 2022 -
What Walmart and Target’s performance told us about retail for the rest of 2022
Inventory, margins, traffic, pricing, food, gas, costs, holidays: The two giants act as a window into the market that everyone is trying to peer through.
By Ben Unglesbee • Aug. 31, 2022 -
FedEx terminates delivery agreements with face of Ground contractor revolt
Competitors “have sought to exploit” Spencer Patton's campaign for improved pay and other changes, the logistics giant said in a lawsuit.
By Max Garland • Aug. 30, 2022 -
Best Buy US sales slide 13% as inflation, discounting take toll
The retailer is trying to navigate volatility as strong demand in electronics subsides and other players clear out their excess inventory.
By Ben Unglesbee • Aug. 30, 2022 -
Naturalizer owner Caleres taps new CFO from a.k.a. Brands
Jack Calandra also served as chief financial officer at Tailored Brands and held various leadership positions at Gap Inc. for over a decade.
By Daphne Howland • Aug. 30, 2022 -
Walmart adds ‘smart garage’ company to InHome delivery program
MyQ, which makes technology found in 20% of household garages, will help the retailer expand its service focused on making secure deliveries.
By Catherine Douglas Moran • Aug. 30, 2022 -
UPS peak surcharges to affect large shippers expecting strong holiday demand
The fee follows FedEx and the Postal Service announcing their own cost hikes.
By Max Garland • Aug. 29, 2022 -
Ulta to introduce new layout in select stores this fall
The retailer will place mass and prestige brands together in order to better reflect how customers shop.
By Kaarin Moore • Aug. 29, 2022 -
Alex and Ani has $17.5M loan as it seeks growth after bankruptcy
The jewelry retailer known for its charm bracelets filed for Chapter 11 in 2021 after years of fast growth and disruptions both external and internal.
By Ben Unglesbee • Aug. 29, 2022 -
Levi’s leverages AI to boost e-commerce fulfillment
The denim brand is launching a new platform to streamline deliveries as it works to grow its direct-to-consumer business.
By Megan Ruggles • Aug. 29, 2022