Operations: Page 170
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PayPal acquires returns startup Happy Returns
After investing in the startup in 2019, the payments platform is now buying it, to better serve consumers throughout their purchase journey.
By Tatiana Walk-Morris • May 14, 2021 -
Bed Bath & Beyond builds out merchandising team
Stacey Shively, who joins the retailer from J.C. Penney, on Monday will take over as senior vice president and general merchandise manager of home.
By Caroline Jansen • May 13, 2021 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Opinion
The rise of curbside pickup: Best practices for retailers
Retailers of all types would do well to develop their curbside pickup capabilities further, writes Euromonitor International's Bob Hoyler.
By Bob Hoyler • May 13, 2021 -
Centric Brands adds to exec ranks, board as it eyes post-bankruptcy growth
The licensing specialist has brought in a former Pandora executive and past president of Lord & Taylor to help lead it in a new era.
By Ben Unglesbee • May 12, 2021 -
Under Armour restricts inventory despite high demand
The company's strategy is to limit low-demand products, thereby boosting the margins it may need to resist future supply chain shocks.
By A.B. Brown • May 12, 2021 -
5 signs that retail is going to be OK
The industry took a beating last year. Challenges remain, but here are a few indications of retailers' strength.
By Daphne Howland • May 12, 2021 -
Paper Source to be acquired in Ch. 11 by owner of Barnes & Noble
Elliott Investment Management emerged as the successful bidder for the gift specialist and sees it as "highly complementary" to the book retailer.
By Ben Unglesbee • May 11, 2021 -
Macy’s reveals Herald Square revitalization plan
The retailer will pour $235 million into the neighborhood around its flagship. That means investing in public transit and a car-free urban space.
By Kaarin Moore • May 11, 2021 -
Rejecting offers, L Brands to spin off Victoria's Secret
Opting to separate its businesses reflects the company's confidence in its lingerie segment, as well as possible investor hesitation around apparel.
By Daphne Howland • May 11, 2021 -
Bed Bath & Beyond introduces Simply Essential private label
This marks the third owned brand the retailer has launched this year as part of its three-year transformation strategy.
By Caroline Jansen • May 10, 2021 -
Eddie Bauer the latest mall tenant to join Sparc portfolio
The outdoor brand will join several others acquired by Simon Property Group and Authentic Brands Group, leaving PacSun under private equity ownership.
By Daphne Howland • May 10, 2021 -
Sponsored by Workday
The changing role of the CIO in retail
As the pandemic recedes, many retail leaders recognize that some of the quick decisions that had to be made in 2020 may not have been the best long-term decisions.
May 10, 2021 -
GameStop upgraded as it raises cash for turnaround and pays off debt
After raising more than half a billion dollars from a stock market bullish on the retailer, it has more flexibility to invest in digital efforts.
By Ben Unglesbee • May 7, 2021 -
Brookfield sells off its interest in Forever 21 as retail drags down Q1
The REIT, which is set to go private in the third quarter, also recently walked away from three malls with delinquent loans.
By Daphne Howland • May 7, 2021 -
EBay hires Walmart vet in new role
Stefanie Jay will join the company as its chief business and strategy officer as the company looks to sustain its success.
By Kaarin Moore • May 7, 2021 -
Walmart gives diverse suppliers option for early payment to help increase access to capital
The retailer is expanding its early payments program through a partnership with the financial technology company C2FO.
By A.B. Brown • May 7, 2021 -
Hollister launches 'Social Tourist' with teen influencers
Developed with Charli and Dixie D'Amelio, the sub-brand begins an exclusive, multi-year agreement between the sisters and parent Abercrombie & Fitch Co.
By Daphne Howland • May 6, 2021 -
J.C. Penney cuts 650 jobs under new owners
The layoffs came after an operational review by Simon Property Group and Brookfield Asset Management.
By Ben Unglesbee • May 6, 2021 -
Office Depot parent plans to break up its retail and B2B businesses
The office supplies retailer intends to split itself into two separate companies shortly after rebuffing an offer from Staples and its backer, Sycamore Partners.
By Ben Unglesbee • May 6, 2021 -
Uber and Gopuff link up on 'everyday essentials' e-shop
Gopuff will power the white-label platform for Uber Eats, which will launch in 95 cities this June and expand nationwide in the summer.
By Jeff Wells • May 6, 2021 -
Deep Dive
RFID's e-commerce growth spurt
The need for visibility drove companies to invest in solutions for their complete supply chain while Adidas is using the technology to verify provenance.
By Deborah Abrams Kaplan • May 5, 2021 -
Walgreens rolls out 2-hour delivery nationwide
The retailer, which already partners with several third-party firms for on-demand delivery, is adding the option to reach more online shoppers.
By Catherine Douglas Moran • May 5, 2021 -
Gap Inc. to sell Intermix to private equity firm
The boutique opened in New York nearly 30 years ago and was acquired by the conglomerate in 2012, but as a retailer of other brands, it never quite fit.
By Daphne Howland • May 5, 2021 -
David's Bridal takes on $70M loan as it preps for the return of weddings
After last year's slump in ceremonies, the retailer is raising capital to speed up its growth and ride the anticipated wave as couples return to the aisle.
By Ben Unglesbee • May 4, 2021 -
Tailored Brands taps retail veterans for uphill turnaround
The apparel company, still struggling financially after emerging from bankruptcy, faces an especially volatile menswear market.
By Daphne Howland • May 4, 2021