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Daphne Howland/Retail Dive
Macy’s Q2 sales disappoint as stores slated for closure post steep declines
The department store is preparing for its all-important holiday quarter with a value message that goes beyond discounts, executives said.
By Daphne Howland • Aug. 21, 2024 -
Courtesy of Perigold
Wayfair’s Perigold banner to open first physical store
The move comes about three years after Wayfair said it would open locations for each of its five brands, which also include Joss & Main and Birch Lane.
By Tatiana Walk-Morris • Aug. 21, 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 -
Justin Sullivan via Getty Images
How J.C. Penney is using AI and machine learning in its supply chain
The department store retailer is investing heavily in new technology to improve productivity and upgrade its legacy systems.
By Philip Neuffer • Aug. 21, 2024 -
Joe Raedle / Staff via Getty Images
Walmart used AI to crunch 850M product data points
“We're finding tangible ways to leverage generative AI to improve the customer, member and associate experience,” CEO Doug McMillon said.
By Bryan Wassel • Aug. 20, 2024 -
Permission granted by Mattress Firm
Mattress Firm, DoorDash partner on 2-hour delivery
The companies are providing on-demand delivery from the retailer’s more than 2,300 store locations in the U.S.
By Tatiana Walk-Morris • Aug. 20, 2024 -
Spencer Platt via Getty Images
Adidas America faces almost $400K in fines over warehouse safety violations
The Occupational Safety and Health Administration inspected the facility in 2021 and identified safety hazards that were still not corrected by a January 2024 visit.
By Cara Salpini • Aug. 20, 2024 -
Guess CFO resigns after one year
The finance chief’s abrupt departure comes on the heels of the apparel manufacturer’s deal earlier this year to buy fashion brand Rag & Bone.
By Maura Webber Sadovi • Aug. 20, 2024 -
Daphne Howland/Retail Dive
Best Buy launches AI-powered delivery tracking
The company joins the growing ranks of retailers that are tapping artificial intelligence to enhance the shopping experience.
By Nate Delesline III • Aug. 19, 2024 -
The image by Dough4872 is licensed under CC BY-SA 3.0
Abercrombie & Fitch Co. to distribute children’s apparel line via Haddad Brands
The deal will allow Abercrombie to expand its product assortment to cater to a broader age group as well as amplify its brand internationally.
By Tatiana Walk-Morris • Aug. 19, 2024 -
Courtesy of Under Armour
Deep DiveKevin Plank can’t let go of Under Armour. Is that hampering a turnaround?
Three CEOs have come and gone in the four years since Plank stepped down. Now, the sportswear brand’s founder is back with another plan to revive the brand amid flagging sales and relevance.
By Cara Salpini • Aug. 19, 2024 -
Noam Galai via Getty Images
Fabrizio Freda prepares to step down as Estée Lauder CEO
Freda has been at the helm for 16 years and will exit in the midst of a turnaround that has entailed layoffs and other leadership change.
By Daphne Howland • Aug. 19, 2024 -
Courtesy of Walgreens
Walgreens names digital commerce leader, chief merchant
Sharmila Sudhakar comes from Tailored Brands to tackle digital growth while Tracey Koller joins from Party City to lead merchandising,
By Nate Delesline III • Aug. 16, 2024 -
Courtesy of Joann
ColumnThe Weekly Closeout: Amazon rebrands resale unit and seasonal hiring commences
Amazon Warehouse, which sells used, pre-owned or open-box products, is now known as Amazon Resale. Meanwhile, Joann is starting seasonal hiring early.
By Retail Dive Staff • Aug. 16, 2024 -
Kaarin Vembar/Retail Dive
Walmart e-commerce sales surge 21%, but profitability remains elusive
E-commerce losses narrowed in the quarter, as CEO Doug McMillon told analysts the retailer will “eventually make money in e-commerce.”
By Nate Delesline III • Aug. 15, 2024 -
Courtesy of Trove
Trove acquires competing resale platform Recurate
The combined company will oversee 44 partners and control up to 80% of branded resale traffic in the U.S. as a result of the deal.
By Lara Ewen • Aug. 15, 2024 -
Mark Makela via Getty Images
Warehouse robot momentum faces cost, ROI challenges
Companies that invest in the pricey tech may need to wait two to three years on average to see a return on investment, market analyst Ash Sharma said.
By Alexei Alexis • Aug. 15, 2024 -
Duane Prokop via Getty Images
Facing hundreds of talc-related lawsuits, Avon Products files for bankruptcy
Brazilian beauty conglomerate Natura & Co. earlier this year floated plans to separate its Avon business, but said this week that’s now on hold.
By Daphne Howland • Aug. 14, 2024 -
Courtesy of Ikea
Ikea US debuts new mattress line
The furniture chain faces competition from DTC mattress companies that are expanding more into physical retail.
By Tatiana Walk-Morris • Aug. 14, 2024 -
Courtesy of Walmart
Walmart opens ocean shipping network to marketplace sellers
The big-box retailer’s cross border network provides full container load freight service from China to the U.S.
By Kelly Stroh • Aug. 14, 2024 -
Sam Silverstein/Retail Dive
Instacart partners with Ibotta to deliver digital coupons to shoppers
Ibotta will be the preferred third-party coupon provider for all eligible product categories available on the grocery tech company’s platforms.
By Sam Silverstein • Aug. 14, 2024 -
Michael M. Santiago via Getty Images
Amazon unveils 2024 peak season fulfillment fees
The added costs, starting in October, will come as the e-commerce giant gears up for a shorter holiday shipping season.
By Max Garland • Aug. 14, 2024 -
Alyssa Eckel-Martin/Retail Dive
Sponsored by Brillio[Podcast] The Magic of Digital in Retail
In this three-part podcast series, we explore the applications of AI in retail across functions, what algorithmic retail is, why it’s essential and how building an Algorithmic Retail business enhances revenue, profitability and operational efficiencies while curbing waste and costs.
Aug. 13, 2024 -
Daphne Howland/Retail Dive
How Target made grocery a $24B business
The retailer shares how assortment, e-commerce and labor changes have helped it grow food and beverage sales by more than $8 billion since 2019.
By Catherine Douglas Moran • Aug. 13, 2024 -
Permission granted by Grove Collaborative
In latest effort to trim costs, Grove Collaborative switches to Shopify
The sustainably-minded consumer products company reported expanded margins and narrowed losses in Q2, but sales and active customers declined.
By Daphne Howland • Aug. 13, 2024 -
Ben Pruchnie via Getty Images
Wolverine revenue falls nearly 30%
Despite declines at three of its largest brands, the Merrell parent company’s CEO said the results were better than expected.
By Laurel Deppen • Aug. 12, 2024
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