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Caroline Jansen/Retail Dive
Allbirds plans reverse stock split to regain Nasdaq compliance
The once-DTC darling was warned of a possible delisting in April and has until the end of the month to regain compliance.
By Cara Salpini • Sept. 3, 2024 -
Courtesy of Savage X Fenty
Rihanna’s Savage X Fenty debuts at Selfridges
The move marks the inclusive lingerie brand’s first brick-and-mortar presence abroad.
By Daphne Howland • Sept. 3, 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 Miniso
Miniso unveils 200th US location in Santa Monica, California
The company now has stores in 20 U.S. states as it pursues a plan to open between 900 and 1,100 new stores globally in 2024.
By Tatiana Walk-Morris • Sept. 3, 2024 -
Daphne Howland/Retail Dive
Off-price retailers poised to take even more market share from department stores
TJX, Ross and Burlington all enjoyed higher sales and profits in the second quarter.
By Daphne Howland • Sept. 3, 2024 -
Permission granted by Dollar General
Dollar General sees ‘cash-strapped consumer,’ cuts guidance
The company said its core base of lower-income shoppers had less to spend, as it reported top-line results that were below expectations for Q2.
By Nate Delesline III • Aug. 30, 2024 -
Courtesy of Abercrombie & Fitch
ColumnThe Weekly Closeout: Pacsun names CFO, Abercrombie posts ‘record’ Q2 net sales
The teen retailer hired BowFlex, Inc. veteran Aina Konold, while the apparel company saw sales increase 21% year over year to $1.1 billion.
By Retail Dive Staff • Aug. 30, 2024 -
George Frey via Getty Images
Walmart to help sellers fulfill orders from third-party e-commerce sites
The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service.
By Max Garland • Aug. 30, 2024 -
Courtesy of Walmart
Walmart Marketplace expands into premium beauty, collectibles and pre-owned categories
As the retailer vies for collectibles shoppers and share in the secondhand market, it faces competition from established players like eBay.
By Tatiana Walk-Morris • Aug. 29, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Under Armour’s past — and future — under Kevin Plank
The executive earlier this year returned to the athletics brand he founded nearly 30 years ago. What does that mean for the company?
By Retail Dive Staff • Aug. 29, 2024 -
Courtesy of Foot Locker
Foot Locker to exit several international markets, move headquarters to Florida
Yet another cost-cutting and simplification effort will see the retailer exit South Korea, Denmark, Norway and Sweden by mid-2025, and switch its New York City base for one in St. Petersburg, Florida.
By Cara Salpini • Aug. 28, 2024 -
Daphne Howland/Retail Dive
Barnes & Noble founder Leonard Riggio dies at 83
Riggio created the nation’s largest network of big-box bookstores and co-founded what would later become GameStop.
By Kaarin Moore • Aug. 28, 2024 -
Courtesy of Amazon
Amazon Fresh debuts 4 new stores
All of the locations offer smart grocery carts and Amazon One, the company’s palm-recognition technology.
By Peyton Bigora • Aug. 28, 2024 -
Courtesy of Big Lots
Big Lots offers $5.2M in retention bonuses to 4 executives
The move could signal a potential bankruptcy on the horizon, according to Debtwire's global head of legal and restructuring.
By Nate Delesline III • Aug. 27, 2024 -
Courtesy of Haus Laboratories by Lady Gaga
Lady Gaga’s Haus Labs beauty line launches in Sephora at Kohl’s
The department store is continuing to pour resources into its Sephora partnership to draw more customers amid sales declines.
By Tatiana Walk-Morris • Aug. 27, 2024 -
Daphne Howland/Retail Dive
With new leaders and a new plan will Beyond’s ‘gallery of brands’ succeed?
The company is leveraging Bed Bath & Beyond’s deep name recognition and plans to develop a gallery of retail brands ranging from luxury to off-price.
By Nate Delesline III • Aug. 26, 2024 -
SDI Productions via Getty Images
Nearly 40% of consumers return an online purchase ‘at least’ once a month: report
The majority of consumers are open to exchanges or store credit instead of full refunds if the returns process is easy, according to Narvar.
By Tatiana Walk-Morris • Aug. 26, 2024 -
Daphne Howland/Retail Dive
Yankee Candle to lay off 100 distribution operations workers
The layoffs are the result of consolidation efforts, according to parent company Newell Brands.
By Kaarin Moore • Aug. 26, 2024 -
Courtesy of Purple Innovation
Purple lays off corporate staff as it plots factory closures
The mattress retailer cut an unspecified number of jobs this month and is closing two manufacturing sites in Utah.
By Kate Magill • Aug. 26, 2024 -
Courtesy of Hollister
ColumnThe Weekly Closeout: Amazon’s October sales event returns and Hollister goes back to school
The e-commerce giant is prepping for its unofficial holiday kickoff event, while the apparel brand launched a collection featuring over 30 U.S. universities.
By Retail Dive Staff • Aug. 23, 2024 -
Daphne Howland/Retail Dive
Target exec says GenAI tool is boosting worker efficiency
The chatbot, which helps Target’s team members resolve on-the-job challenges, is making it easier and faster to assist customers, COO and CFO Michael Fiddelke said.
By Alexei Alexis • Aug. 23, 2024 -
Courtesy of Amazon
Amazon launches annual grocery subscription plan
The yearly option’s debut comes just a few months after the company rolled out its monthly subscription offering.
By Peyton Bigora • Aug. 23, 2024 -
Courtesy of Adidas
Adidas opts to avoid China in US product sourcing
The retail brand is leaning on more localized supply chains to improve its speed and agility.
By Kelly Stroh • Aug. 23, 2024 -
Courtesy of Avocado Green Mattress
Avocado Green Brands names COO, builds out leadership team
The sustainability-focused mattress company named Matthew Anderson as its chief operating officer, among other personnel announcements.
By Kaarin Moore • Aug. 23, 2024 -
Permission granted by Peloton
Peloton projects nearly 10% sales decline for the year
CFO Liz Coddington expects “softness” in connected fitness demand in the medium term, but remains optimistic about the category’s growth potential.
By Caroline Jansen • Aug. 22, 2024 -
Sean Gallup via Getty Images
Amazon allowing sellers to ditch physical returns
The offering for Fulfillment by Amazon users helps them avoid fees by simply having customers keep items, the company said.
By Max Garland • Aug. 21, 2024
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