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Courtesy of Amazon
Amazon’s AWS unit cutting hundreds of jobs related to store technology
The e-commerce giant earlier said it was scaling back its Just Walk Out technology, including dropping it from Amazon Fresh locations in the U.S.
By Daphne Howland • April 4, 2024 -
Daphne Howland/Retail Dive
Burlington to open its biggest distribution center
The retailer is building a “highly automated,” 2 million-square-foot facility to support its growing store footprint.
By S.L. Fuller • April 4, 2024 -
Explore the Trendline➔
Thai Liang Lim via Getty Images
TrendlineHow retailers are deploying in-store technology
Payment systems, self-checkout stations and home visualization tech are just a few of the areas getting attention from retailers as they rethink the store experience.
By Retail Dive staff -
Courtesy of Sarmishta Ramesh
Amazon removes ‘Just Walk Out’ tech from US Amazon Fresh stores
Dash Carts, which also allow shoppers to avoid checkout, will roll out instead at those locations, while the older tech is limited to Amazon Go and some smaller U.K. stores.
By Daphne Howland • April 3, 2024 -
Courtesy of Grown Alchemist
L’Occitane sells Grown Alchemist 2 years after acquiring the brand
André Hoffmann, L’Occitane Group’s former CEO and vice chairman, has bought a controlling majority stake in the skin care brand for 28 million euros.
By Caroline Jansen • April 3, 2024 -
George Frey via Getty Images
Walmart letting businesses tap into its route optimization tech
The move to sell its proprietary AI-driven software contributes to the retailer’s business diversification strategy.
By Larry Avila • April 2, 2024 -
Courtesy of Big Lots
Big Lots opens buying offices in China, Vietnam
The retailer said the initiative will create a stronger platform for overseas procurement and generate “significant” operational cost savings.
By Nate Delesline III • April 2, 2024 -
Courtesy of Instant Brands
Instant Pot, now a stand-alone company, appoints new leadership
Under different ownership after last year’s bankruptcy, the popular multicooker is no longer part of the appliance conglomerate that owns Pyrex and Corelle.
By Daphne Howland • April 2, 2024 -
Courtesy of Tupperware
Tupperware flags accounting strains in late 10-K notice
The notice comes roughly five months after the brand said its former independent auditor PricewaterhouseCoopers declined to be re-appointed.
By Maura Webber Sadovi • April 2, 2024 -
J.Sciulli/WireImage for Evolutionary Media Group via Getty Images
Boardriders to lay off more than 600 by the end of April
The cuts include C-suite execs and bring the total affected in California to nearly 700 since the company was acquired by Authentic Brands Group.
By Laurel Deppen • April 2, 2024 -
Courtesy of Walmart
Walmart announces second class of beauty accelerator program
The retailer is also investing in beauty in other ways, including bringing back a Beauty Glow Up savings event and expanding virtual try-on.
By Xanayra Marin-Lopez • April 1, 2024 -
Permission granted by Mercari
Mercari ends selling fees, debuts new returns policy
The no-fee structure became effective on all new listings earlier this week and will roll out to the rest of the site in the weeks to come.
By Tatiana Walk-Morris • March 29, 2024 -
Daphne Howland/Retail Dive
Despite last year’s declines, Torrid could grab more market share
The plus-size leader faces ongoing reluctance to spend on discretionary goods, but has inventory control and other strengths on its side.
By Daphne Howland • March 29, 2024 -
Courtesy of Miniso
ColumnThe Weekly Closeout: Beyond partners with X as Miniso pops up in Times Square
The home retailer’s social media deal involves short- and long-form content. Meanwhile, Miniso’s store concept follows a successful flagship in New York.
By Retail Dive Staff • March 29, 2024 -
Daphne Howland/Retail Dive
H&M Group plans to invest more in physical stores, including refurbishing 250 globally
The fast-fashion company has been shuttering hundreds of locations and growing its e-commerce, but said the pace of closures will slow this year.
By Daphne Howland • March 28, 2024 -
Permission granted by Amazon
Amazon says it removed over 7M fake goods in 2023
The e-commerce giant, which has long faced scrutiny over counterfeits, said it invested more than $1 billion into fighting fakes last year.
By Tatiana Walk-Morris • March 28, 2024 -
Courtesy of The Home Depot
Home Depot to acquire building products supplier for $18.25B
The move to buy SRS Distribution will help the home improvement company lean in to its plan to boost business with its pro customers.
By Nate Delesline III • March 28, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Why it’s so hard for retailers to do the right thing
Businesses face new ethical questions and must act with more transparency in what corporate integrity expert Alison Taylor calls a “turbulent world.”
By Retail Dive Staff • March 28, 2024 -
Daphne Howland/Retail Dive
Macy’s closures a win for off price
The biggest beneficiary of the department store’s plan to shrink its footprint is TJX, which runs T.J. Maxx and other retailers, analysts say.
By Daphne Howland • March 27, 2024 -
Retrieved from Vince on March 27, 2024
Vince CEO steps down
Jack Schwefel’s resignation is effective immediately, and former CFO David Stefko will hold the position until a successor is named.
By Laurel Deppen • March 27, 2024 -
Courtesy of ThredUp
ThredUp: US secondhand market to hit $73B by 2028
While that represents meaningful growth, it’s down significantly from a 2022 prediction that the market would reach $82 billion by 2026.
By Tatiana Walk-Morris • March 27, 2024 -
Courtesy of Dr. Martens
Dr. Martens launches recycled leather collection and resale platform
The footwear company is promoting both launches as part of its sustainability commitments.
By Laurel Deppen • March 26, 2024 -
Courtesy of Canada Goose
Canada Goose cuts corporate workforce by 17%, shakes up executive roles
As part of a DTC focus, the brand said about a year ago that it would double its footprint within five years, but some analysts anticipate that slowing.
By Daphne Howland • March 26, 2024 -
Courtesy of Academy Sports and Outdoors
Academy Sports and Outdoors plans up to 180 store openings over the next five years
The retailer said it sees a long-term potential to operate over 800 stores nationwide.
By Nate Delesline III • March 26, 2024 -
Courtesy of Tractor Supply
Tractor Supply, Martha Stewart launch gardening apparel collection
The Martha Stewart Garden Apparel Line includes eight clothing items and can be found in 50 select stores and online.
By Tatiana Walk-Morris • March 26, 2024 -
Dario Cantatore via Getty Images
Nike hires Tim Hamilton as vice president of men’s apparel design
The award-winning menswear designer was formerly at The North Face, where he helped orchestrate collaborations with brands including Gucci and Supreme.
By Lara Ewen • March 25, 2024
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