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Cara Salpini/Retail Dive
Foot Locker to convert, wind down most Footaction stores
A third of the stores will be converted to other company banners, while "the majority" of the remaining fleet will be shut down as leases expire.
By Cara Salpini • May 21, 2021 -
George Frey via Getty Images
Walmart boosts inventory, extends lead times to account for supply chain delays and stockouts
The retailer increased inventory by 16% and is adjusting its fulfillment network as e-commerce sales grow.
By Matt Leonard • May 20, 2021 -
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 -
Kohl's posts 70% sales growth as it rides consumer momentum in Q1
The retailer raised its forecast for the year — which would still leave it short of pre-pandemic levels — while touting new brand partnerships.
By Ben Unglesbee • May 20, 2021 -
Daphne Howland/Retail Dive
Where is Macy's going?
The department store is on the move, away from the mall, into new merchandise categories — and toward some fierce competition.
By Daphne Howland • May 19, 2021 -
Tim Boyle via Getty Images
Costco strengthens position atop wholesale club sector
After seeing foot traffic decline last year, the company controlled 55.4% of visits to club retailers in March, according to Placer.ai.
By Sam Silverstein • May 18, 2021 -
Permission granted by At Home Group
At Home's largest shareholder to vote against sale
CAS Investment Partners, which owns about 17% of the retailer's common stock, sent a letter to the board opposing the sale to Hellman & Friedman.
By Caroline Jansen • May 17, 2021 -
Supreme vet named creative director of J. Crew men's
Brendon Babenzien, co-founder of Noah and former design director of Supreme, has been brought in to "disrupt" the brand.
By Kaarin Moore • May 17, 2021 -
Permission granted by Kroger
CDC mask update reboots challenge for retailers
New guidance that face coverings are unnecessary even indoors applies only to fully vaccinated people — and puts retail workers back in the hot seat.
By Daphne Howland • May 17, 2021 -
Courtesy of Walmart
Profitero: Private labels pushing out CPGs in search results
As the likes of Target and Walmart launch more private labels, they are edging out national brands amid pandemic sales gains.
By Tatiana Walk-Morris • May 17, 2021 -
Courtesy of Amazon
Amazon launches program to reduce worker injuries
The e-commerce giant is looking to reduce incidents by 50% by 2025.
By Ben Unglesbee • May 17, 2021 -
Retrieved from Overstock on May 12, 2021
How Overstock learned to love retail again
CEO Jonathan Johnson discusses why he brought the company back to its roots and away from the blockchain experiments that infatuated his predecessor.
By Ben Unglesbee • May 17, 2021 -
Courtesy of Amazon
Amazon embarks on 75K hiring push to accommodate logistics growth
The retailer is offering competitive pay and sign-on bonuses, as well as COVID-19 vaccine incentives.
By S.L. Fuller • May 14, 2021 -
Dillard's surprises with 73% sales spike
Vaccinations, stimulus and warm weather drove up margins, profits and the top line, a sign of major recovery from last year's declines.
By Ben Unglesbee • May 14, 2021 -
Sean Gallup via Getty Images
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 -
Courtesy of Bed Bath & Beyond
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 -
Courtesy of Walgreens
OpinionThe 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 -
Daphne Howland/Retail Dive
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 -
Getty Images
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 -
Cara Salpini/Retail Dive
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 -
Courtesy of Macy's
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 -
Cara Salpini/Retail Dive
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 -
Courtesy of Bed Bath & Beyond
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 -
Getty Images
Sponsored by WorkdayThe 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
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