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Mattel posts another 'blowout' quarter amid reported buyout interest
The company is cutting deals, growing market share and otherwise flexing its muscles. Analysts have noticed, as have possible suitors, according to reports.
By Ben Unglesbee • April 28, 2022 -
Podcast
The Backroom: What's going on at Amazon?
The e-commerce giant is grappling with many challenges, including union efforts and its Prime delivery promises.
By Retail Dive Staff • April 28, 2022 -
Trendline
The latest in experiential retail
With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints.
By Retail Dive staff -
UPS encounters unexpected drop in parcel volumes as e-commerce growth slows
Despite the drop, UPS' per-package revenue increased as it follows its strategy of prioritizing more profitable deliveries over pure volume growth.
By Max Garland • April 27, 2022 -
In challenge to Costco, Walmart+ boosts fuel discounts at thousands more gas stations
The retail giant's discount membership has enlisted 12,000 Exxon and Mobil locations to participate in one of its most enticing perks.
By Daphne Howland • April 27, 2022 -
Mattel reportedly has talked with potential private equity buyers
According to The Wall Street Journal, the toy giant has had early-stage discussions with Apollo Global Management and L Catterton.
By Ben Unglesbee • April 27, 2022 -
Old Navy, new problem
Once Gap Inc.'s powerhouse, the value brand has faced supply setbacks and a merchandising muddle. Now, it is suddenly in need of a leader.
By Daphne Howland • April 27, 2022 -
DTC furniture brand Burrow plots 10 new stores
Kicking off the brick-and-mortar expansion, the brand on Tuesday opened its first store in Boston by appointment only, planning a broader opening in May.
By Caroline Jansen • April 26, 2022 -
The Children's Place COO to retire
The kids' apparel retailer doesn't plan on filling Leah Swan's role after she leaves the company.
By Ben Unglesbee • April 26, 2022 -
Francesca's expands Franki tween brand with 9 stand-alone stores
The 1,200- to 1,600-square-foot locations will be found in A malls where the flagship banner does well, the company said on Monday.
By Daphne Howland • April 26, 2022 -
J.C. Penney owners Simon and Brookfield prepared to buy Kohl's for $8.6B, NY Post reports
The developers have teamed up to salvage bankrupt retailers including Forever 21 and Aeropostale, and keep those mall stores running.
By Daphne Howland • April 26, 2022 -
Paul Marciano hangs on to Guess director seat as board examines latest sexual harassment allegations
Activist investor Legion Partners noted that a large majority of independent shareholders withheld their support for the brand’s embattled co-founder.
By Daphne Howland • April 25, 2022 -
ThirdLove snaps up Kit Undergarments in first acquisition
CEO Heidi Zak said the bra company wanted a sub-brand to target a younger demographic and chose to acquire one rather than build it internally.
By Cara Salpini • April 25, 2022 -
Joann paid $35.3M more for ocean freight to free up stranded containers
Excess costs are expected to impact the retailer's results for all four quarters of this year before normalizing, according to the CFO.
By Alejandra Salgado • April 25, 2022 -
Deep Dive
For furniture retail, supply chain chaos has become 'normalized'
As category players extend lead times and amass inventory to manage delays, they're also building sourcing relationships beyond China and Vietnam.
By Ben Unglesbee • April 25, 2022 -
Sponsored by Waze
From in-car to store: Steering in-the-moment buying decisions
Competition for consumers' eyes and wallets is growing. That means winning retailers must sway in-the-moment buying decisions.
April 25, 2022 -
Report: 80% of US shoppers use buy now, pay later to avoid credit card debt
However, critics have raised concerns about installment services saddling consumers with more debt and urged for regulatory scrutiny.
By Tatiana Walk-Morris • April 22, 2022 -
Column
The Weekly Closeout: REI expands run assortment and Farfetch enters beauty
The outdoors retailer will also improve employee training in the category. Meanwhile, the luxury platform will offer a "curated edit" of beauty items.
By Retail Dive Staff • April 22, 2022 -
Rite Aid rejected an unsolicited buyout offer
The drugstore retailer dismissed the off-market proposal as not credible, but kept the door open for future offers.
By Ben Unglesbee • April 22, 2022 -
Old Navy chief is out
Sonia Syngal, who previously led the value brand before taking the reins at owner Gap Inc., will fill in while the company searches for Nancy Green's replacement.
By Daphne Howland • April 21, 2022 -
Retrieved from Sundry on January 25, 2022
Digital Brands has ambitious expansion plans. A trade creditor wants them on ice until it is paid.
The DTC company's model is based on acquisitions. But it needs cash as losses expand and unpaid vendors seek payment in court.
By Ben Unglesbee • April 21, 2022 -
Banana Republic to permanently shut websites in Europe
The retailer has recently gone through a brand revamp to focus on "democratic, approachable and inclusive luxury."
By Kaarin Vembar • April 21, 2022 -
Amazon seeks to expand reach with 'Buy with Prime'
The e-commerce giant continues to find ways to leverage other merchants' sales, this time including those outside its own marketplace.
By Daphne Howland • April 21, 2022 -
What Lululemon is prioritizing in the years ahead
From the retailer's plans for Mirror to what international markets it's planning to enter, here are some takeaways on the company's new strategy.
By Cara Salpini • April 21, 2022 -
Home Depot names company vet to CIO role
The home improvement retailer also named an executive vice president to reshape its customer experience in stores and online.
By Tatiana Walk-Morris • April 21, 2022 -
Victoria's Secret debuts inclusive, digital-only 'Happy Nation' tween brand
The gender-neutral assortment could challenge American Eagle's successful Aerie brand and reflects another step in the lingerie giant's evolution.
By Daphne Howland • April 20, 2022