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Courtesy of Serta Simmons Bedding
Serta Simmons Bedding names CEO
Jim Loree is the fourth person in less than a year to hold the company’s top spot.
By Kaarin Moore • June 26, 2024 -
Daphne Howland/Retail Dive
L.L. Bean looks beyond New England for growth
The iconic outdoor retailer is opening four U.S. stores this year, and will head to the Southeast and Midwest for further expansion in 2025.
By Daphne Howland • June 26, 2024 -
Explore the Trendline➔
Thai Liang Lim via Getty Images
TrendlineHow retailers are thinking about in-store experience
Complementary shop-in-shops, age-appropriate experiences and integrated technology are just a few ways retailers are reworking stores to suit shoppers.
By Retail Dive staff -
Sam Silverstein/Retail Dive
Target reshuffles C-suite
Among the changes, current Chief Marketing Officer Lisa Roath will become chief merchandising officer of food, essentials and beauty early next year.
By Catherine Douglas Moran • June 25, 2024 -
Daphne Howland/Retail Dive
Lawsuit claims Nike CEO John Donahoe misled investors about the success of its DTC strategy
The lawsuit alleges that Donahoe and Chief Financial Officer Matt Friend continually touted the strength of its strategy when in fact it was “unable to generate sustainable revenue growth.”
By Cara Salpini • June 25, 2024 -
Daphne Howland/Retail Dive
Target teams with Shopify to expand its marketplace
A selection of Shopify merchants, like True Classic, will join the mass merchant’s digital marketplace, with some available in stores in coming months.
By Tatiana Walk-Morris • June 25, 2024 -
Courtesy of Bath & Body Works
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 -
Courtesy of Amazon Fresh
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 -
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 -
Justin Sullivan via Getty Images
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 -
Courtesy of Monos
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 -
Adam Glanzman via Getty Images
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 -
Permission granted by Dollar General
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 -
Courtesy of Big Lots
ColumnThe 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 -
Courtesy of Verity
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 -
Permission granted by Target
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 -
Courtesy of Camp
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 -
Courtesy of Instacart
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 -
Courtesy of FullBeauty Brands
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 -
Cara Salpini/Retail Dive
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 -
Courtesy of Amazon
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 -
Courtesy of Gap Inc.
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 -
Daphne Howland/Retail Dive
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 -
Permission granted by Gap Inc.
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
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