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Nate Delesline III/Retail Dive
Dollar Tree names Michael Creedon permanent CEO
Creedon, the retailer’s chief operating officer, has been serving as interim chief since November and takes the helm as it navigates several major initiatives.
By Nate Delesline III • Dec. 19, 2024 -
David Dee Delgado via Getty Images
Amazon workers on strike amid the holiday rush
Thursday’s action at various Teamsters locals comes days after the release of a Senate report critical of working conditions at the e-retailer’s warehouses.
By Daphne Howland • Dec. 19, 2024 -
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 -
Courtesy of Birkenstock
Birkenstock closes out its fiscal year on a high note
The German footwear brand is carefully calibrating its wholesale and direct-to-consumer strategies, with plans to grow its store count by 50% next year.
By Daphne Howland • Dec. 19, 2024 -
Joe Raedle / Staff via Getty Images
CFPB swats at retail credit cards
The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.
By Lynne Marek • Dec. 19, 2024 -
Courtesy of Tractor Supply
Tractor Supply plans big last-mile delivery upgrade
The retailer’s multiyear initiative will lead to more bulky products delivered via its in-house network, Chief Supply Chain Officer Colin Yankee said.
By Max Garland • Dec. 19, 2024 -
Bruce Bennett / Staff via Getty Images
Best Buy leans on distribution upgrades for faster delivery
The electronics retailer opened a new distribution center in Texas and upgraded technology at a New York facility.
By Philip Neuffer • Dec. 19, 2024 -
photo of Dillard's at Illinois Centre Mall by Mike Kalasnik; Macy's photo and composite by Daphne Howland/Retail Dive
Deep DiveShould Macy’s be more like Dillard’s? Maybe.
Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s retail chops.
By Daphne Howland • Dec. 19, 2024 -
Nate Delesline III/Retail Dive
Walmart tests in-store body cameras for employees
The retailer is embarking on the pilot program in the name of safety. But one industry advocacy group says higher staffing and improved safety training and protocols are needed.
By Nate Delesline III • Dec. 18, 2024 -
J.C. Penney loss narrows in Q3 as sales declines continue
The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its longer-term prospects.
By Daphne Howland • Dec. 18, 2024 -
Permission granted by Express
SEC charges Express with failing to disclose $1M in perks to former CEO
The agency did not impose a penalty, though, in part because the apparel retailer self-reported.
By Kaarin Moore • Dec. 17, 2024 -
Kosamtu via Getty Images
Slow website? It’ll cost you.
Three-quarters of consumers have simply abandoned a cart because of a slow website, Liquid Web found.
By Kristen Doerer • Dec. 17, 2024 -
Stephanie Keith via Getty Images
Allegations of unsafe working conditions at Amazon come to a head with Senate probe, strike threat
“Our employees’ safety is and always will be our top priority,” an Amazon spokesperson said Monday.
By Caroline Colvin • Dec. 17, 2024 -
Courtesy of Target
5 retailers that need a great 2024 holiday season
Some companies are coming off a tough quarter, while others switched leadership or are dealing with changing consumer behavior. But all of these retailers need a W.
By Kaarin Moore • Dec. 17, 2024 -
Aliah Anderson via Getty Images
Vera Wang sells namesake brand to WHP Global
Wang will become a shareholder and continue to lead the label’s creative direction.
By Laurel Deppen • Dec. 16, 2024 -
Courtesy of Academy Sports and Outdoors
Academy Sports and Outdoors to expand Nike offerings amid declining sales
In April next year, the sporting goods retailer intends to introduce “full assortments” of the brand into more than 140 stores.
By Tatiana Walk-Morris • Dec. 16, 2024 -
Courtesy of Gap Inc.
Gap launches elevated subbrand designed by Zac Posen
The line’s debut collection is holiday themed, with future launches planned for the spring.
By Laurel Deppen • Dec. 16, 2024 -
Daphne Howland/Retail Dive
Deep DiveNordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say.
By Daphne Howland • Dec. 16, 2024 -
Brandon Bell via Getty Images
Dollar General scales back on temporary warehouses
The retailer plans to rely more on self-owned distribution centers to boost performance and capacity.
By Philip Neuffer • Dec. 16, 2024 -
RH to open 9 new design galleries next year in North America, Europe
The luxury home furnishings retailer also said possible tariff spikes are unlikely to affect margins as it works to eliminate sourcing from China.
By Nate Delesline III • Dec. 13, 2024 -
Daphne Howland/Retail Dive
L.L. Bean confirms layoffs of up to 3% of Maine HQ workforce
The outdoor retailer earlier this year announced plans to expand its store footprint, despite sales declines in 2023.
By Daphne Howland • Dec. 13, 2024 -
Cara Salpini/Retail Dive
Under Armour holds first investor day in 6 years
Capping off a difficult year, CEO Kevin Plank outlined the brand’s strategy to get back to growth through marketing reinvestment and product innovation.
By Cara Salpini • Dec. 13, 2024 -
Courtesy of Amazon
ColumnThe Weekly Closeout: Adidas headquarters searched, Amazon starts selling cars
The activewear brand is under investigation for tax and customs compliance, while the e-commerce giant is offering Hyundai cars through Amazon Autos.
By Retail Dive Staff • Dec. 13, 2024 -
Anna Gorbacheva via Getty Images
Shoppers projected to return $890B in merchandise this year
According to an estimate by the National Retail Federation, returns will amount to 16.9% of retailers’ annual sales in 2024.
By Tatiana Walk-Morris • Dec. 12, 2024 -
Nate Delesline III/Retail Dive
Lowe’s debuts marketplace, plans store fleet growth
The company will also extend its rural offerings, expand jobsite delivery and teased initiatives that are expected to deliver $1 billion in annual savings.
By Nate Delesline III • Dec. 12, 2024 -
Daphne Howland/Retail Dive
GameStop eyes more store closures amid 20% sales drop
The gaming retailer swung to a profit in Q3 even as it announced an exit from Germany and warned of higher store closures than previous years.
By Nate Delesline III • Dec. 11, 2024
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