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Courtesy of Ernesta
Online rug retailer Ernesta opens first brick-and-mortar store
The brand started by Peloton co-founders John Foley, Hisao Kushi and Yony Feng has turned to New York's Upper East Side for its showroom.
By Suzette Parmley • April 5, 2024 -
Thanaphong Araveeporn via Getty Images
Apparel execs urge sourcing diversification amid geopolitical risks
Executives at an American Apparel & Footwear Association event underscored the need to find alternative sourcing as U.S.-China relations continue to fray.
By Ben Unglesbee • April 5, 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 -
Courtesy of Interior Define
The Citizenry opens outpost in Interior Define store
The tie-up between the two Havenly-owned brands allows The Citizenry to expand its physical presence after opening a flagship in New York City.
By Howard Ruben • Updated April 9, 2024 -
Courtesy of Puma
ColumnThe Weekly Closeout: Puma plots design space in LA, Bank of America downgrades Figs
The athletics brand said the studio will open in 2025, while spending pullbacks contributed to the scrubs brand’s recent negative rating.
By Retail Dive Staff • April 5, 2024 -
Courtesy of FullBeauty Brands
FullBeauty Brands acquires plus marketplace Dia & Co.
Within the past year the company also purchased Eloquii and Cuup, expanding its portfolio of plus and size-inclusive labels.
By Tatiana Walk-Morris • April 4, 2024 -
sabthai via Getty Images
Shoes for Crews files for Chapter 11 bankruptcy
The non-slip shoe company secured $30 million in debtor-in-possession financing and intends to sell the business.
By Nate Delesline III • April 4, 2024 -
Courtesy of Bark
Bark adds 2 pet industry veterans to C-suite
New chief revenue and chief marketing officers join with experience from pet brands Outward Hound and JustFoodForDogs.
By Suzette Parmley • April 4, 2024 -
Courtesy of Amazon
Amazon’s AWS unit cutting hundreds of jobs related to store technology
The e-commerce giant earlier said it was scaling back its Just Walk Out technology, including dropping it from Amazon Fresh locations in the U.S.
By Daphne Howland • April 4, 2024 -
Daphne Howland/Retail Dive
Burlington to open its biggest distribution center
The retailer is building a “highly automated,” 2 million-square-foot facility to support its growing store footprint.
By S.L. Fuller • April 4, 2024 -
Courtesy of Sarmishta Ramesh
Amazon removes ‘Just Walk Out’ tech from US Amazon Fresh stores
Dash Carts, which also allow shoppers to avoid checkout, will roll out instead at those locations, while the older tech is limited to Amazon Go and some smaller U.K. stores.
By Daphne Howland • April 3, 2024 -
Courtesy of Grown Alchemist
L’Occitane sells Grown Alchemist 2 years after acquiring the brand
André Hoffmann, L’Occitane Group’s former CEO and vice chairman, has bought a controlling majority stake in the skin care brand for 28 million euros.
By Caroline Jansen • April 3, 2024 -
George Frey via Getty Images
Walmart letting businesses tap into its route optimization tech
The move to sell its proprietary AI-driven software contributes to the retailer’s business diversification strategy.
By Larry Avila • April 2, 2024 -
Courtesy of Big Lots
Big Lots opens buying offices in China, Vietnam
The retailer said the initiative will create a stronger platform for overseas procurement and generate “significant” operational cost savings.
By Nate Delesline III • April 2, 2024 -
Courtesy of Instant Brands
Instant Pot, now a stand-alone company, appoints new leadership
Under different ownership after last year’s bankruptcy, the popular multicooker is no longer part of the appliance conglomerate that owns Pyrex and Corelle.
By Daphne Howland • April 2, 2024 -
Courtesy of Tupperware
Tupperware flags accounting strains in late 10-K notice
The notice comes roughly five months after the brand said its former independent auditor PricewaterhouseCoopers declined to be re-appointed.
By Maura Webber Sadovi • April 2, 2024 -
J.Sciulli/WireImage for Evolutionary Media Group via Getty Images
Boardriders to lay off more than 600 by the end of April
The cuts include C-suite execs and bring the total affected in California to nearly 700 since the company was acquired by Authentic Brands Group.
By Laurel Deppen • April 2, 2024 -
Courtesy of Walmart
Walmart announces second class of beauty accelerator program
The retailer is also investing in beauty in other ways, including bringing back a Beauty Glow Up savings event and expanding virtual try-on.
By Xanayra Marin-Lopez • April 1, 2024 -
Permission granted by Mercari
Mercari ends selling fees, debuts new returns policy
The no-fee structure became effective on all new listings earlier this week and will roll out to the rest of the site in the weeks to come.
By Tatiana Walk-Morris • March 29, 2024 -
Daphne Howland/Retail Dive
Despite last year’s declines, Torrid could grab more market share
The plus-size leader faces ongoing reluctance to spend on discretionary goods, but has inventory control and other strengths on its side.
By Daphne Howland • March 29, 2024 -
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 -
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
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