Operations: Page 48
-
Joe Raedle via Getty Images
Peloton CFO leans on cost cutting to reverse post-pandemic slump
Finance chief Liz Coddington is slashing overhead costs and driving more revenue from Peloton’s digital subscription and bike rental businesses.
By Suman Bhattacharyya • March 14, 2024 -
Cara Salpini/Retail Dive
Under Armour puts founder Kevin Plank back in charge as CEO Stephanie Linnartz exits
Come April 1, the athletics brand founder will take the helm once more. Linnartz, who is stepping down, has been CEO for barely a year.
By Cara Salpini • Updated March 14, 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 On
On plans 100 more stores in the coming years
The Swiss athletics brand continues to build out its global footprint, opening stores in China, Germany and Latin America as it leans into its DTC channels.
By Suzette Parmley • March 13, 2024 -
Dollar Tree, Family Dollar to close 1,000 stores
The company said continued inflation is pressuring Family Dollar's core customer base.
By Nate Delesline III • March 13, 2024 -
Courtesy of Walgreens
Claire’s to launch displays in thousands of Walgreens stores
The pharmacy chain retailer is diversifying its product assortment amid declining U.S. retail sales.
By Tatiana Walk-Morris • March 13, 2024 -
Courtesy of Brooks Running
Brooks Running promotes Dan Sheridan to CEO
Sheridan — most recently the company’s chief operating officer — succeeds Jim Weber, who held the role for over two decades.
By Howard Ruben • March 13, 2024 -
Daphne Howland/Retail Dive
Petco in search of a new CEO as Q4 disappoints
Former Best Buy executive Mike Mohan is taking over in the interim as the pet retailer struggles with profitability.
By Daphne Howland • March 13, 2024 -
Caroline Jansen/Retail Dive
Allbirds taps new CEO, plans store closures
COO Joe Vernachio takes over from co-founder Joey Zwillinger on Friday as the DTC brand reported a 15% sales drop in 2023.
By Cara Salpini • March 13, 2024 -
Courtesy of Costco
Q&ACostco’s ‘voice’ looks back on 40 years, $1.50 hot dogs and leadership
Richard Galanti thought he might stay four years at what was then a retail startup. Costco’s CFO stayed about four decades and is exiting the role on Friday.
By Maura Webber Sadovi • March 13, 2024 -
Courtesy of Cat & Jack, Target
Target’s Cat & Jack kid’s apparel headed to Hudson’s Bay in Canada
The owned brand of kids' clothes is one of Target's strongest, and will have a dedicated space in every Hudson's Bay store.
By Nate Delesline III • March 12, 2024 -
Courtesy of Nordstrom
Nordstrom opens luxury pop-up at NYC flagship
The retailer’s partnership with Bode is the first of a series of limited-time events and brand takeovers at the New York store.
By Xanayra Marin-Lopez • March 12, 2024 -
Courtesy of Kohl's
Kohl’s brings in Babies R Us after rough holiday quarter
The struggling department store is increasingly relying on other brands, including Amazon and Sephora, to draw customers to its stores.
By Daphne Howland • March 12, 2024 -
Permission granted by Generation Tux
Generation Tux steps into physical retail
The online suit and tuxedo rental company’s showroom will feature tech that uses data and AI to understand a customer’s measurements and desired fit.
By Howard Ruben • March 12, 2024 -
Daphne Howland/Retail Dive
The Body Shop’s US operation forced into liquidation as UK parent takes its cash
The U.S. subsidiary ceased operating as of March 1 and told a bankruptcy court it didn’t get advance notice of its British owner's restructuring.
By Daphne Howland • March 12, 2024 -
Retrieved from Liquid Death.
Liquid Death closes funding round valuing business at $1.4B
The beverage maker said the $67 million in new financing will be used to grow distribution and accelerate product innovation.
By Christopher Doering • March 11, 2024 -
As it plans 90 stores, Ross refocuses DD’s on existing markets
The smaller banner will shift focus and undergo an “in-depth analysis” of its customer base amid disappointing performance in newer markets.
By Nate Delesline III • March 11, 2024 -
Roy Rochlin via Getty Images
Funko chief financial and operating officer to step down as toymaker preps for ‘softer’ content schedule
Steve Nave’s resignation comes as the company continues to brace for economic headwinds.
By Grace Noto • March 11, 2024 -
Kaarin Vembar/Retail Dive
Walmart piloted an RFID receipt check. It didn’t work out.
The retailer confirmed it has ended a recent test of the checkout technology at a Neighborhood Market store in Bentonville, Arkansas.
By Catherine Douglas Moran • March 11, 2024 -
Spencer Platt via Getty Images
Best Buy’s suppliers help defray costs in choppy electronics market
The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.
By Ben Unglesbee • March 8, 2024 -
Cara Salpini/Retail Dive
American Eagle has ‘refocused’ logistics arm amid third-party business woes
The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.
By Max Garland • March 8, 2024 -
Spencer Platt via Getty Images
New York Stock Exchange moves to delist apparel retailer Express
Concerns about the company’s long-term financial health have continued to surface over the last year.
By Nate Delesline III • March 8, 2024 -
Courtesy of BowFlex
ColumnThe Weekly Closeout: BowFlex files for Chapter 11, Public Lands partners with Saucony
The at-home fitness company has a $37.5 million buyout offer, and the Dick’s Sporting Goods banner teamed up with the footwear brand on running shoes.
By Retail Dive Staff • March 8, 2024 -
Courtesy of Walmart
Walmart adds early morning delivery option
As operational competition with Target and Amazon heats up, the big-box retailer is expanding on-demand delivery to start at 6 a.m.
By Tatiana Walker-Morris • March 8, 2024 -
Courtesy of Gap Inc.
Gap, Old Navy make progress on long road to recovery
New Gap Inc. CEO Richard Dickson touted market share gains at the company’s biggest brands, but analysts say they have further to go.
By Daphne Howland • March 8, 2024 -
Big Lots’ cost-cutting efforts helped it ‘maintain liquidity through a challenging period’
CEO Bruce Thorn also said the retailer is expanding its assortment of bargain merchandise, which is expected to account for 75% of sales in 2024.
By Nate Delesline III • March 7, 2024
Previous
