Operations: Page 4

  • A corner store with lit signage in various colors reads "Walgreens Drugs, photo, cosmetics, prescriptions." Red "Walgreens" signs adorn the sign and a big circular overhang above the corner door.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Column

    The Weekly Closeout: Tuesday Morning to go private and Walgreens ‘cried too much’ over theft

    The discount home brand is taking itself off the Nasdaq Stock Market, while the drugstore admitted it might have overblown the theft issue.

    By Retail Dive Staff • Jan. 6, 2023
  • An exterior sign on a Macy's store.
    Image attribution tooltip
    Daphne Howland/Retail Dive

    Macy’s to shutter 4 full-line stores

    The closure of the mall-based locations furthers the department store’s Polaris turnaround plan, which also entails opening more off-mall stores.

    By • Jan. 6, 2023
  • Header Image Explore the Trendline➔
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    Shutterstock.com

    Trendline

    Digital innovation and technology trends in retail

    From drones to smart fitting rooms, to cashless purchases to virtual meditation, how the consumer engages with retailers continue to evolve.

    By Retail Dive staff
  • Joann store.
    Image attribution tooltip
    Courtesy of Joann

    Joann’s $200M cost reduction plan relies on falling ocean rates

    The craft retailer has endured tens of millions of dollars in excess freight expenses throughout the pandemic.

    By Kelly Stroh • Jan. 6, 2023
  • Bed Bath & Beyond
    Image attribution tooltip
    Bruce Bennett via Getty Images

    Bed Bath & Beyond warns it could file for bankruptcy

    The struggling home retailer issued a "going concern" warning as sales continue to slide and losses widen.

    By • Jan. 5, 2023
  • Shopify bag logo and name. in front of a brick wall.
    Image attribution tooltip
    Courtesy of Shopify

    Shopify releases enterprise e-commerce system

    The company has released other tools to support retailers and invested strategically to enhance its services.

    By Tatiana Walk-Morris • Jan. 5, 2023
  • A person wearing glasses leans over a table with sketches as a child looks on.
    Image attribution tooltip
    Courtesy of Stitch Fix

    Stitch Fix cuts 20% of salaried staff, CEO steps down

    Founder Katrina Lake has returned to take over from Elizabeth Spaulding in the interim as the company searches for a new chief executive.

    By • Jan. 5, 2023
  • Exterior of a DSW store.
    Image attribution tooltip
    "DSW" by Mike Mozart is licensed under CC BY 2.0

    Former Kohl’s exec named CEO of Designer Brands

    Doug Howe has been president of DSW since May 2022. He joined the company from Kohl’s, where he was its chief merchandising officer. 

    By • Jan. 5, 2023
  • Amazon Go Mill Creek
    Image attribution tooltip
    Jeff Wells/Retail Dive

    Amazon layoffs will top 18K, many in retail

    The e-commerce giant misjudged the longevity of the pandemic’s impact on demand, and its cuts could undermine its innovation, analysts say.

    By • Jan. 5, 2023
  • Neon Sign, American Eagle Outfitters Easton Towne Center, Columbus, Ohio
    Image attribution tooltip
    Wellmeier, Ed. (2021). [Photograph]. Retrieved from Flickr.

    American Eagle’s logistics arm accelerates fulfillment center openings with JLL partnership

    Quiet Platforms says the partnership will expand shipper access to same-day and next-day service.

    By Alejandra Salgado • Jan. 5, 2023
  • A red bullseye logo with the word Target underneath decorates a storefront against a bright blue sky with puffy white clouds.
    Image attribution tooltip
    Daphne Howland/Retail Dive

    Wells Fargo downgrades Target amid signs the worst isn’t yet over

    The analysts, saying the mass merchant’s troubles may go deeper than many observers appreciate, have downgraded its stock.

    By • Jan. 4, 2023
  • A large sign in light pink block capital letters says "Pink," just above a smaller sign in darker pink that says "Victoria's Secret."
    Image attribution tooltip
    Daphne Howland/Retail Dive

    Victoria’s Secret brand chief will leave after less than a year in new role

    Amy Hauk, who led the lingerie giant’s Pink brand for four years before the company integrated its two major labels, will exit in March.

    By • Jan. 4, 2023
  • Amazon logo on a sign
    Image attribution tooltip
    David Ryder via Getty Images

    Amazon snags $8B term loan

    The e-commerce giant said the “uncertain macroeconomic environment” pushed it to use a variety of financing options over the past few months. 

    By • Jan. 4, 2023
  • A black store banner reads "Victoria's Secret."
    Image attribution tooltip
    Daphne Howland/Retail Dive

    Victoria’s Secret sets high expectations for Adore Me as deal closes

    But the lingerie giant may need to take bolder steps as it attempts to alter consumer perceptions of its own branding, analysts say.

    By • Jan. 4, 2023
  • Three signs plastered to a grey tiled wall announce a store liquidation sale, with the middle one saying that "Everything must go!"
    Image attribution tooltip
    Daphne Howland/Retail Dive

    Sears Hometown stores disappearing from rural America

    Liquidation sales are ongoing at 115 locations across 36 states and Puerto Rico, amid the Sears-affiliated home goods retailer's bankruptcy.

    By • Jan. 4, 2023
  • Eastbay storefront
    Image attribution tooltip
    Courtesy of Eastbay

    Eastbay website to shut down

    Foot Locker’s winddown of the brand’s website marks the completion of a merger between its Champs Sports and Eastbay banners.

    By • Jan. 3, 2023
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    Bark

    Bark names chief financial officer

    Zahir Ibrahim replaces Howard Yeaton, who has been serving as interim CFO since late 2021, and comes with nearly three decades of financial experience.

    By • Jan. 3, 2023
  • Storefront of a Rebecca Taylor location.
    Image attribution tooltip
    The image by Phillip Pessar is licensed under CC BY 2.0

    Vince Holding sells intellectual property of Rebecca Taylor

    The IP was purchased by an affiliate of Ramani Group and is part of a strategic effort announced last year to shut down the fashion brand.

    By • Jan. 3, 2023
  • A row of bright pink, pale pink and red jars of Revlon nail polish, with black caps against a black background, in closeup.
    Image attribution tooltip
    "Revlon" by Mike Mozart is licensed under CC BY 2.0

    Revlon set to exit bankruptcy by April

    If a judge approves, the beauty company will conclude its Chapter 11 process with its lenders as its new owners, but what happens next remains uncertain.

    By • Dec. 22, 2022
  • Blue, red and purple store sign saying Patagonia
    Image attribution tooltip
    Michael M. Santiago / Staff via Getty Images

    Patagonia to close stores, give employees paid week off for the holidays

    The company says the decision is important for the quality of life it provides its employees.

    By • Dec. 22, 2022
  • An Under Armour storefront inside a mall.
    Image attribution tooltip
    "Under Armour at MixC Zhengzhou" by Windmemories is licensed under CC BY-SA 4.0

    Under Armour taps 25-year Marriott veteran Stephanie Linnartz as CEO

    Despite her lack of retail experience, the executive’s knowledge of strategy, finance, sales, marketing and technology could benefit the brand.

    By • Dec. 22, 2022
  • A customer using Happy Returns at an Ulta Beauty store
    Image attribution tooltip
    Courtesy of PayPal Inc.

    Holiday returns rise 57% from 2021: report

    Consumers have become critical of their discretionary spending and may be returning to repurchase at steeper holiday discounts, Salesforce said.

    By Tatiana Walk-Morris • Dec. 22, 2022
  • An illuminated Nike Style store in Seoul, South Korea, at night.
    Image attribution tooltip
    Courtesy of Nike

    Nike CEO: ‘The inventory peak is behind us’

    The company has worked with Foot Locker CEO Mary Dillon, in addition to other wholesale partners, as it plans its channel strategy.

    By • Dec. 21, 2022
  • Three Amazon workers in a warehouse prepare orders.
    Image attribution tooltip
    Courtesy of Amazon

    US agency cites Amazon for recordkeeping violations on worker injuries, illnesses

    The e-commerce giant has faced various safety complaints over the years, and an investigation at six warehouses in five states is ongoing.

    By Max Garland • Dec. 21, 2022
  • Mannequins grouped together wearing winter clothes in fake snow.
    Image attribution tooltip
    Kaarin Vembar/Retail Dive

    Consumers are hitting the brakes on apparel purchases: UBS

    Department stores and other retailers dependent on clothing sales face a gloomy 2023 and may shutter more locations, according to the analysts.

    By • Dec. 21, 2022
  • A person shops online.
    Image attribution tooltip
    Retrieved from Pexels on August 09, 2021

    Small, midsize retailers search more for nearby suppliers: report

    Learning from larger chains facing inventory issues, small and midsize businesses are working to better predict what they need.

    By Tatiana Walk-Morris • Dec. 21, 2022