Operations: Page 16
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Beyond slashes SKUs and vendors as Q4 revenue falls 21%
Executive Chairman Marcus Lemonis said “the worst is absolutely 100% behind us” and that the retailer might notch a few profitable months this year.
By Nate Delesline III • Feb. 25, 2025 -
Dollar General opens distribution center in Arkansas
The North Little Rock facility will support the company’s traditional supply chain, DG Fresh network and DG Private Fleet.
By Tatiana Walk-Morris • Feb. 25, 2025 -
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 -
Walmart expands same-day delivery reach
Tech advancements are also helping the retailer bring store-fulfilled orders to more customers.
By Max Garland • Feb. 25, 2025 -
Solo Brands CEO exits after just a year in the role
Chris Metz, who took the helm last year, had begun a full strategic review of the company’s portfolio amid declining sales.
By Howard Ruben • Feb. 24, 2025 -
Belk to open 2 more outlet stores in North Carolina
Customers have “come to love the concept,” which features an outlet on the first floor and a traditional Belk store on the second.
By Kaarin Moore • Feb. 24, 2025 -
Ross Stores promotes from within for next CFO
William Sheehan, the company’s group senior vice president of finance, will take over when Adam Orvos retires this fall.
By Tatiana Walk-Morris • Feb. 24, 2025 -
Consumer sentiment slumps on fears tariffs will fuel inflation
Consumers are “clearly bracing for a resurgence in inflation,” said Joanne Hsu, director of the University of Michigan’s Surveys of Consumers.
By Jim Tyson • Feb. 24, 2025 -
Saks Global’s vendor trouble hints at financial vulnerability
Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.
By Daphne Howland • Feb. 24, 2025 -
Why does Walmart want a shopping mall?
It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal.
By Nate Delesline III • Feb. 24, 2025 -
Mattel leverages diversified supply chain amid new China tariffs
China will represent less than 40% of the toymaker’s global production in 2025 — down from 50% last year.
By Haley Cawthon • Feb. 24, 2025 -
Sponsored by Valpak
Half of consumers would switch retailers if offered a coupon
Price-conscious shoppers are no longer hiding in the clearance section.
By Jed Dreben • Feb. 24, 2025 -
Store closures outpace openings amid ‘historic shift’ to service-based tenants
But the outlook isn’t all bad, as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.
By Nate Delesline III • Feb. 21, 2025 -
J.C. Penney, Eddie Bauer operator lays off 5% of corporate staff
About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.
By Daphne Howland • Feb. 21, 2025 -
Ikea to open 8 new US stores this spring, summer
The furniture retailer is executing its multibillion-dollar investment strategy to expand its footprint and revamp its operations.
By Tatiana Walk-Morris • Feb. 21, 2025 -
Ruggable taps Nike veteran as CEO
Nicole Otto previously led the athletic giant’s direct-to-consumer business in North America and served as The North Face’s global brand president.
By Howard Ruben • Feb. 21, 2025 -
Column
The Weekly Closeout: GameStop eyes asset sale, Hasbro plans a turnaround
The gaming retailer is seeking buyers for its operations in France and Canada, while the toy company’s strategy “will drive Hasbro’s evolution into a modern play company.”
By Retail Dive Staff • Feb. 21, 2025 -
Best Buy launches free degrees for full- and part-time workers
The consumer electronics retailer said it will provide immediate access to the program on the first day of employment.
By Carolyn Crist • Feb. 21, 2025 -
Wayfair’s revenues inch up in Q4 as losses narrow
While the retailer's customer base continues to shrink, CEO Niraj Shah is optimistic that the home goods downturn is nearing its end.
By Caroline Jansen • Feb. 20, 2025 -
Guitar Center names former Wayfair exec chief merchandiser
Jerry Brandehoff joins the retailer with over 30 years of experience, as the company continues to bring fresh faces to its executive team.
By Tatiana Walk-Morris • Feb. 20, 2025 -
Tapestry to sell Stuart Weitzman for $105M
With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.
By Laurel Deppen • Feb. 20, 2025 -
Target strives for better inventory management, unloading processes
The retailer's supply chain chief said technology and automation can help produce a more efficient inventory mix and flow into stores.
By Max Garland • Feb. 20, 2025 -
Michaels names Staples Canada vet CEO
David Boone succeeds Ashley Buchanan, who stepped down in January to lead Kohl’s.
By Nate Delesline III • Feb. 19, 2025 -
"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Saks Global to close century-old Neiman Marcus flagship in downtown Dallas
The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.
By Daphne Howland • Feb. 19, 2025 -
Nordstrom brings on Neiman Marcus vet as director of luxury styling
Catherine Bloom joins the department store in the new role, and a Nordstrom Local location in Los Angeles will be a dedicated storefront for her clients.
By Kaarin Moore • Feb. 19, 2025 -
Kirkland’s to close some stores as part of turnaround
The retailer is also eliminating low-performing SKUs and will boost its e-commerce in partnership with Beyond.
By Nate Delesline III • Feb. 18, 2025