Operations: Page 166
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Dollar Tree hits back at activist investor seeking board revamp
The retailer hurled rhetorical bombs at a fund that wants to replace all of its directors and install a former Dollar General chief as executive chairman.
By Ben Unglesbee • Dec. 14, 2021 -
Foot Locker launches women's apparel brand
Cozi is the company's first proprietary womenswear brand, and follows a larger trend of athletics retailers banking on their private labels.
By Tatiana Walk-Morris • Dec. 14, 2021 -
Trendline
Gen Z and the next-generation consumer
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Chanel taps Unilever exec as CEO
Leena Nair is leaving after three decades at the consumer products conglomerate, to take over in the fashion house's post-Lagerfeld era.
By Daphne Howland • Dec. 14, 2021 -
6 killed as tornado destroys Amazon facility
The Edwardsville, Illinois, police chief on Saturday said recovery efforts were difficult in part because "it's not a set staff" at the delivery station.
By Daphne Howland • Dec. 13, 2021 -
Costco is adding pickup lockers to more stores
The retailer expects to have pickup lockers in more than 200 of its locations by the end of 2022, Chief Financial Officer Richard Galanti said.
By Sam Silverstein • Dec. 13, 2021 -
Forever 21 launches at J.C. Penney
The two retailers have been through recent bankruptcies and share a parent company.
By Kaarin Moore • Dec. 13, 2021 -
Retrieved from Instacart on March 02, 2021
Instacart's president announces exit after just 3 months
Former Facebook executive Carolyn Everson will depart at the end of the year, dealing a setback to the e-commerce company as it battles competitors and manages relationships with grocers.
By Catherine Douglas Moran • Dec. 13, 2021 -
How Shoe Carnival became a billion-dollar brand — and counting
The footwear retailer is stepping up with revamped stores, a strategic acquisition and big goals set by new CEO Mark Worden.
By Daphne Howland • Dec. 13, 2021 -
Sponsored by Katapult
Know thy customer: 3 actionable customer insights retailers can get from a lease-to-own partner
Data retailers can use lease-to-own data to attract and connect with a whole new customer base.
Dec. 13, 2021 -
MoneyBlogNewz. (2010). "Competition in Shipping" [Photograph]. Retrieved from Flikr.
Survey: 94% of consumers expect to be notified about holiday shipping delays
Additionally, 77% of shoppers worry they will have issues purchasing gifts online this year, according to a report by Intercom.
By Tatiana Walk-Morris • Dec. 10, 2021 -
Citing store theft, 20 major retail CEOs call for Congress to pass marketplace transparency legislation
Millions of dollars worth of stolen goods are being sold online by hard-to-identify third-party sellers, according to the Buy Safe America Coalition.
By Daphne Howland • Dec. 10, 2021 -
Lululemon's sales and profits surge despite freight costs
The athleisure brand's recent tech acquisition, Mirror, is becoming a "distraction." But the retailer's core business is stretching its muscles.
By Ben Unglesbee • Dec. 10, 2021 -
The hottest product this holiday season may be gift cards: report
A study by Square attributes an uptick in gift card sales to supply chain problems that threaten to prevent items from arriving on time.
By Tatiana Walk-Morris • Dec. 10, 2021 -
Walmart adds science-based targets to supply chain financing option
The program aims to help the retailer's private brand suppliers, particularly smaller and mid-size ones, make their operations more sustainable.
By Catherine Douglas Moran • Dec. 10, 2021 -
GameStop adds inventory, execs, tech offices and millions in losses
The company has opened offices in Seattle and Boston and made more than 200 senior hires as it pursues a vaguely outlined transformation.
By Ben Unglesbee • Dec. 9, 2021 -
Belk, Afterpay partner on buy now, pay later service
The announcement comes amid a holiday season that is seeing a dramatic increase in BNPL spending.
By Tatiana Walk-Morris • Dec. 9, 2021 -
Torrid braces for rising costs and ongoing pandemic uncertainty after mixed Q3
The plus specialist is gaining market share in part thanks to its new Curve lingerie brand, but stores haven't returned to their pre-pandemic productivity.
By Daphne Howland • Dec. 9, 2021 -
Walmart to build a high-tech fulfillment center in Tennessee
The facility will use AI software and robots to support associates in shipping goods to consumers quickly.
By Tatiana Walk-Morris • Dec. 9, 2021 -
Opinion
Shortage signs versus facing: How retailers should deal with stockouts
There are benefits and risks to each strategy, writes Gad Allon, faculty director of the Jerome Fisher Program in Management and Technology at the University of Pennsylvania.
By Gad Allon • Dec. 9, 2021 -
With more than $4M already in hand, FIT plans a social justice center
With the support of retailers including PVH, Capri, Tapestry and Target, the college aims to nurture the ambitions of the BIPOC community.
By Daphne Howland • Dec. 9, 2021 -
Solo Brands beats expectations in Q3 with revenue up 138%
The company — which operates Solo Stove, Chubbies, Oru Kayak and Isle — saw strong growth in both its DTC and wholesale channels.
By Caroline Jansen • Dec. 8, 2021 -
Nordstrom leverages pack-and-hold inventory to mitigate supply chain risk
The retailer is revisiting an inventory strategy that helped it during an expansion period when it needed enough items for new store openings.
By Max Garland • Dec. 8, 2021 -
How money shapes retail
A close look into the many ways financial interests and players shape the industry and the lives of companies.
By Ben Unglesbee • Dec. 8, 2021 -
Parachute taps Amazon vet as first chief commercial officer
Drew Sheriff, who previously oversaw the e-commerce giant's physical operations, will add expertise as the DTC brand looks to expand its footprint.
By Caroline Jansen • Dec. 7, 2021 -
DSW parent sets profit record in Q3
But to sustain its momentum, Designer Brands has work to do in private label and with other initiatives, analysts said.
By Daphne Howland • Dec. 7, 2021