Operations: Page 161


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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
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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
  • 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
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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
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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
  • A diverse group of four people, wearing boots and khakis, sits on vintage suitcases in the desert.
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    Courtesy of Banana Republic
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    Banana Republic to permanently shut websites in Europe

    The retailer has recently gone through a brand revamp to focus on "democratic, approachable and inclusive luxury." 

    By April 21, 2022
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    Courtesy of Amazon
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    Amazon seeks to expand reach with 'Buy with Prime'

    The e-commerce giant continues to find ways to leverage other merchants' sales, this time including those outside its own marketplace.

    By April 21, 2022
  • Lululemon drops first tennis collection with Leylah Fernandez
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    Courtesy of Lululemon
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    What Lululemon is prioritizing in the years ahead

    From the retailer's plans for Mirror to what international markets it's planning to enter, here are some takeaways on the company's new strategy.

    By April 21, 2022
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    Tim Boyle via Getty Images
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    Home Depot names company vet to CIO role

    The home improvement retailer also named an executive vice president to reshape its customer experience in stores and online.

    By Tatiana Walk-Morris • April 21, 2022
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    Courtesy of Victoria's Secret
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    Victoria's Secret debuts inclusive, digital-only 'Happy Nation' tween brand

    The gender-neutral assortment could challenge American Eagle's successful Aerie brand and reflects another step in the lingerie giant's evolution.

    By April 20, 2022
  • A Lululemon storefront in Georgetown
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    Cara Salpini/Retail Dive
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    Lululemon wants to double revenue to $12.5B by 2026, thanks to men's and digital

    The retailer also revealed plans for Mirror, including a membership program launching later this year.

    By April 20, 2022
  • A blue Amazon Prime truck bearing the company's logo is parked outside one of its warehouse centers.
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    Dan Kitwood/Getty Images via Getty Images
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    Amazon's year could be weighed down by oil prices, stimulus end: analyst

    Price hikes on Prime and fuel surcharges on sellers could offset some costs. Down the road, more employee unions are a "key risk" for the company, according to MKM Partners.

    By April 20, 2022