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Courtesy of Miniso
ColumnThe Weekly Closeout: Beyond partners with X as Miniso pops up in Times Square
The home retailer’s social media deal involves short- and long-form content. Meanwhile, Miniso’s store concept follows a successful flagship in New York.
By Retail Dive Staff • March 29, 2024 -
Daphne Howland/Retail Dive
H&M Group plans to invest more in physical stores, including refurbishing 250 globally
The fast-fashion company has been shuttering hundreds of locations and growing its e-commerce, but said the pace of closures will slow this year.
By Daphne Howland • March 28, 2024 -
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 -
Permission granted by Amazon
Amazon says it removed over 7M fake goods in 2023
The e-commerce giant, which has long faced scrutiny over counterfeits, said it invested more than $1 billion into fighting fakes last year.
By Tatiana Walk-Morris • March 28, 2024 -
Courtesy of The Home Depot
Home Depot to acquire building products supplier for $18.25B
The move to buy SRS Distribution will help the home improvement company lean in to its plan to boost business with its pro customers.
By Nate Delesline III • March 28, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Why it’s so hard for retailers to do the right thing
Businesses face new ethical questions and must act with more transparency in what corporate integrity expert Alison Taylor calls a “turbulent world.”
By Retail Dive Staff • March 28, 2024 -
Daphne Howland/Retail Dive
Macy’s closures a win for off price
The biggest beneficiary of the department store’s plan to shrink its footprint is TJX, which runs T.J. Maxx and other retailers, analysts say.
By Daphne Howland • March 27, 2024 -
Retrieved from Vince on March 27, 2024
Vince CEO steps down
Jack Schwefel’s resignation is effective immediately, and former CFO David Stefko will hold the position until a successor is named.
By Laurel Deppen • March 27, 2024 -
Courtesy of ThredUp
ThredUp: US secondhand market to hit $73B by 2028
While that represents meaningful growth, it’s down significantly from a 2022 prediction that the market would reach $82 billion by 2026.
By Tatiana Walk-Morris • March 27, 2024 -
Courtesy of Dr. Martens
Dr. Martens launches recycled leather collection and resale platform
The footwear company is promoting both launches as part of its sustainability commitments.
By Laurel Deppen • March 26, 2024 -
Courtesy of Canada Goose
Canada Goose cuts corporate workforce by 17%, shakes up executive roles
As part of a DTC focus, the brand said about a year ago that it would double its footprint within five years, but some analysts anticipate that slowing.
By Daphne Howland • March 26, 2024 -
Courtesy of Academy Sports and Outdoors
Academy Sports and Outdoors plans up to 180 store openings over the next five years
The retailer said it sees a long-term potential to operate over 800 stores nationwide.
By Nate Delesline III • March 26, 2024 -
Courtesy of Tractor Supply
Tractor Supply, Martha Stewart launch gardening apparel collection
The Martha Stewart Garden Apparel Line includes eight clothing items and can be found in 50 select stores and online.
By Tatiana Walk-Morris • March 26, 2024 -
Dario Cantatore via Getty Images
Nike hires Tim Hamilton as vice president of men’s apparel design
The award-winning menswear designer was formerly at The North Face, where he helped orchestrate collaborations with brands including Gucci and Supreme.
By Lara Ewen • March 25, 2024 -
Daphne Howland/Retail Dive
Flexing for the planet: How Walmart crushed its supplier emissions target
The retailer leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, according to a Walmart executive.
By Ben Unglesbee • March 25, 2024 -
"DXL Men's Apparel store located in Natick, MA." by JCarnellDXLG is licensed under CC BY-SA 4.0
Destination XL to open 9 stores this year
The company also has plans for future locations as it builds out a strategy to meet customers where they live, according to CEO Harvey Kanter.
By Tatiana Walk-Morris • March 25, 2024 -
Hispanolistic via Getty Images
Sponsored by PaylocityHow to overcome 5 retail industry challenges
Discover tips and tricks to help you tackle some of the top HR pain points for stores and wholesale businesses.
March 25, 2024 -
Nate Delesline III/Retail Dive
Target doubles bonuses for salaried employees
The move comes as competitors, namely Walmart, sweeten their benefits.
By Nate Delesline III • March 22, 2024 -
Courtesy of Cyklar
The Center adds body care brand Cyklar to its portfolio
The beauty accelerator, which houses brands like Saltair and Phlur, has partnered with the Claudia Sulewski-founded brand.
By Howard Ruben • March 22, 2024 -
Daphne Howland/Retail Dive
Nike addresses flaws in DTC strategy as Q3 revenues come in flat
CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation.
By Cara Salpini • March 22, 2024 -
Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Layoffs at Walgreens and what would it mean if Nordstrom went private?
The drugstore chain closed two distribution centers. Meanwhile, go-private rumors at the department store could have been sparked by Macy’s.
By Retail Dive Staff • March 22, 2024 -
Permission granted by Zimba
Walmart adds oral care brands targeting Gen Z and millennial shoppers
Zimba and Plus Ultra will land in 4,500 and 600 of the mass merchant’s stores, respectively, significantly expanding their wholesale presence.
By Howard Ruben • March 21, 2024 -
The Container Store opens first New York small-format store
The location, which features a Custom Spaces design studio, is the home retailer’s eighth small-format store.
By Xanayra Marin-Lopez • March 21, 2024 -
Courtesy of Five Below
Five Below scales back self-checkout to fight shrink
Hiring more store associates will improve customer service and help fight what executives said was an unexpectedly high level of inventory loss.
By Daphne Howland • March 21, 2024 -
Anna Gorbacheva via Getty Images
Return policies sway customer behavior: survey
Store customers return less than online shoppers, and some rules are boosting in-store returns of online orders, according to the ICSC.
By Tatiana Walk-Morris • March 21, 2024 -
Justin Sullivan via Getty Images
Untuckit to open 14 new stores in 2024
The DTC apparel brand said the first seven stores will open by May across California, Georgia, Florida, New Jersey and New York.
By Howard Ruben • March 20, 2024
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