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

Explore the 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

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

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

Crocs expects $11M hit to gross profit from tariffs

The footwear retailer ended 2024 with ongoing strength at its namesake brand and hope for a turnaround at struggling Heydude.

By Daphne Howland • Feb. 18, 2025

The convenience of modularity

In a world shaped by innovation, one secret fuels true convenience—modularity. But at what cost?

Feb. 18, 2025

Trump orders reciprocal tariffs on all countries

“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.

By Philip Neuffer • Feb. 13, 2025

Dick’s quietly scales back outdoors business

The Moosejaw website now leads to Public Lands, and both retailers have shuttered stores.

By Cara Salpini • Feb. 13, 2025

Joann to close more than 500 stores

The crafts retailer, which received no buyer interest in the locations, could liquidate entirely if a sale to Gordon Brothers comes to fruition.

By Nate Delesline III • Feb. 13, 2025

DEI could get better than ever

The intense pressure to end diversity initiatives has led companies to scrutinize their policies. Many will end up making them stronger.

By Daphne Howland • Feb. 13, 2025

Retail job cuts rise 20% in January

That’s on top of meaningful cuts in December and comes as online shopping and automation have reshaped job skills, Challenger, Gray & Christmas found.

By Nate Delesline III • Feb. 12, 2025

Qurate shutters Florida headquarters, shuffles leadership

The company that runs HSN and QVC is still in a turnaround period as it shifts its brand focus to social shopping and streaming.

By Xanayra Marin-Lopez • Feb. 12, 2025

Levi’s expands C-Suite leaders’ responsibilities

The changes follow the decision to cut up to 15% of its global corporate workforce as part of an initiative to drive cost savings and long-term growth.

By Nate Delesline III • Feb. 12, 2025

Mattress Firm CEO exits

One week after Tempur Sealy finalized its acquisition of the company, ​​​​​John Eck has stepped down from the role.

By Kaarin Moore • Feb. 12, 2025

Liberated Brands to close all stores, sell its wholesale inventory following bankruptcy

The company hired Gordon Brothers to conduct liquidation sales for its operated stores including Billabong, Roxy and Quiksilver.

By Laurel Deppen • Feb. 12, 2025

Party City IP, wholesale operations to be acquired for $20M

An affiliate of Ad Populum is buying the party retailer's IP, but Dollar Tree and Five Below emerged as top bidders for the company's store leases.

By Nate Delesline III • Feb. 11, 2025

Former New York & Co. chief to lead Express, Bonobos

Greg Scott’s 30-plus years in the fashion industry also include stints at Fashion Nova and The Boutique Brands.

By Daphne Howland • Feb. 11, 2025

Bargain Hunt files Chapter 11 with plans to close all stores

Losing a customer returns partnership with Amazon contributed to the company’s difficulties, along with annual losses and a competitive environment.

By Nate Delesline III • Feb. 10, 2025

Macy’s sticks with stores chief to lead brick-and-mortar transformation

Barbie Cameron began at the company nearly 40 years ago and has a pivotal role as the department store scrambles to rightsize and overhaul its fleet.

By Daphne Howland • Feb. 10, 2025