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Bath & Body Works introduces employee tuition program
The company’s new “Investing in You” program delivers a number of benefits, including an education reimbursement of up to $3,000 annually.
By Kaarin Moore • June 25, 2024 -
Amazon reignites Amazon Fresh store growth with 2nd New Jersey location
The newly opened Eatontown supermarket brings the chain’s total store count to 42.
By Catherine Douglas Moran • June 25, 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 -
DTC EBIT margins ‘meaningfully below’ wholesale, per report
BMO Capital Markets found that brands that grew DTC did not see a notable increase in revenue, merchandise margins, EBIT margins or EBIT dollars.
By Howard Ruben • June 24, 2024 -
Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors
If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and install a performance-based condition for some executive stock benefits.
By Cara Salpini • June 24, 2024 -
J.C. Penney spends $40M on distribution center upgrades
The retailer installed new automation technology at its plant in Reno, Nevada, as part of a larger investment strategy.
By Philip Neuffer • June 24, 2024 -
Monos opens second retail store as it plots US expansion
The DTC luggage brand opened a store in Toronto and has plans for eight U.S. locations next year.
By Howard Ruben • June 24, 2024 -
New Balance launches trade-in program in nearly 100 stores
In partnership with Archive, the brand is scaling its Reconsidered program where customers bring in gently worn footwear to receive a voucher toward their next purchase.
By Tatiana Walk-Morris • June 24, 2024 -
Eastern Mountain Sports, Bob’s Stores file for bankruptcy
The chains, in a “liquidity crisis” since their bank found them to be in default, required emergency funding to make payroll Friday.
By Daphne Howland • June 21, 2024 -
Dollar General names Walmart vet as chief marketing officer
The retailer also announced the appointment of six others to leadership roles in merchandising, store operations and asset protection.
By Nate Delesline III • June 21, 2024 -
Column
The Weekly Closeout: Big Lots issues ‘going concern’ warning and Amazon ditches plastic air pillow packaging
The discount retailer said it may not meet its credit and term loan obligations, while Amazon aims to drop plastic air pillows in North American shipments by the holidays.
By Retail Dive Staff • June 21, 2024 -
Sportswear brand On taps warehouse drones
The retailer has partnered with AI and robotics company Verity to improve fulfillment operations and inventory visibility.
By Kelly Stroh • June 21, 2024 -
Target to roll out generative AI chatbot for store employees
The new tool, dubbed Store Companion, is designed to answer on-the-job process questions and support store operations.
By Nate Delesline III • June 20, 2024 -
Family experience retailer Camp to open 2 new locations
In partnership with mall owner Simon, the interactive toy retailer will debut stores in Philadelphia and Houston.
By Kaarin Moore • June 20, 2024 -
Sally Beauty expands same-day delivery services with Instacart deal
The beauty retailer scaled up the partnership following a successful pilot earlier this year and will now offer the service from more than 2,200 stores.
By Tatiana Walk-Morris • June 20, 2024 -
FullBeauty snaps up plus specialist Avenue
The specialty retailer closed all its stores in 2019 and its online business was later picked up by Australian company City Chic Collective.
By Daphne Howland • June 20, 2024 -
Nike, Converse sue 52 ‘counterfeiting networks’
The businesses named in the lawsuit collectively operate 98 websites and 267 social media handles, and allegedly sell “thousands” of fakes.
By Cara Salpini • June 20, 2024 -
Amazon Labor Union votes to join Teamsters
The new entity will represent around 5,500 Amazon workers on Staten Island and will have jurisdiction across New York City's five boroughs.
By Nate Delesline III • June 18, 2024 -
Gap Inc. names new CTO
Like CEO Richard Dickson, Sven Gerjets joins the apparel company from Mattel where he served as its chief technology officer.
By Tatiana Walk-Morris • June 18, 2024 -
Claire’s CEO exits
Ryan Vero stepped down from the role, while the company tapped its current CFO-COO, Chris Cramer, for the interim chief executive position.
By Kaarin Moore • June 18, 2024 -
Gap Inc. supplier summit returns after pandemic pause
Top vendors got to learn about the retailer's priorities at a meeting in San Francisco last month.
By Alejandra Carranza • June 18, 2024 -
Tupperware shutters only US manufacturing facility
The iconic food storage company will lay off nearly 150 employees as executives worry about its ability to continue operating.
By Joelle Anselmo • June 18, 2024 -
Express, Bonobos bought out of bankruptcy for $174M
A newly formed joint venture between WHP Global and mall owners Simon, Brookfield and Centennial will keep 450 stores open and 7,000 jobs intact.
By Nate Delesline III • June 17, 2024 -
Care/of is shutting down
The vitamin and supplement company said it no longer has the needed funding to operate and has canceled all existing subscriptions.
By Caroline Jansen • June 17, 2024 -
Beyond shakes up C-suite in quest for profitability
Bed Bath & Beyond CEO Chandra Holt has left after less than five months as the struggling e-retail conglomerate streamlines its leadership.
By Daphne Howland • June 17, 2024 -
Skims opens first permanent store in Washington, DC’s Georgetown neighborhood
The Kim Kardashian-founded brand will open an additional four stores in 2024 and flagship locations in New York and Los Angeles at a future date.
By Howard Ruben • June 17, 2024