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Daphne Howland/Retail Dive
Macy’s moves to beef up real estate expertise on its board
Arkhouse Management, which upped its takeover bid to $6.6 billion, has criticized the retailer for having only one director with a real estate track record.
By Daphne Howland • March 15, 2024 -
Spencer Platt via Getty Images
Adidas posts first annual net loss in over 30 years
However, the retailer dodged a much-discussed operating loss for the year, with the sale of Yeezy merchandise helping it notch a profit.
By Cara Salpini • March 15, 2024 -
Trendline
The latest in experiential retail
With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints.
By Retail Dive staff -
Courtesy of Bath & Body Works
The Weekly Closeout: Dollar Tree to add $7 items and Bath & Body Works teams up with Netflix
The dollar store is expanding its multiprice assortment, while the personal care retailer debuted a “Bridgerton” collection as part of a yearlong partnership.
By Retail Dive Staff • March 15, 2024 -
Kaarin Vembar/Retail Dive
Ulta to expand into Mexico in 2025
The beauty retailer previously planned to grow into Canada, but ditched those efforts in 2020.
By Cara Salpini • March 15, 2024 -
Daphne Howland/Retail Dive
Macy’s, Arkhouse discuss due diligence following higher takeover bid
The iconic department store could lose an opportunity to improve operations if its real estate holdings become its focus, analysts warn.
By Daphne Howland • March 14, 2024 -
Courtesy of Dollar General
Dollar General plans 800 stores this year as rival Dollar Tree pulls back
Thirty of those will be under its Popshelf banner, though the discount retailer is taking the concept’s expansion slowly given its discretionary focus.
By Nate Delesline III • March 14, 2024 -
Daphne Howland/Retail Dive
After record Q4, Dick’s plans greatest square footage expansion since 2017
The sporting goods retailer is opening eight House of Sport stores in 2024, as well as 16 next-generation locations as it increases store investments.
By Cara Salpini • March 14, 2024 -
Permission granted by Home Depot
The Home Depot expands distribution center network for pro orders
Four new locations aim to reduce in-store congestion by directly shipping products like lumber and insulation to job sites.
By Kelly Stroh • March 14, 2024 -
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 -
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
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