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Warby Parker eyes 40 new stores as it closes 2023 with revenue up 12%
The vision brand, which operates 237 stores, still sees the opportunity for at least 900 locations, but wants its e-commerce business to return to growth.
By Caroline Jansen • Feb. 28, 2024 -
Macy’s to close 150 more stores in 3 years
New CEO Tony Spring said underperforming stores must close even if they are cash-flow positive, telling analysts: “The bar has now been raised.”
By Daphne Howland • Feb. 27, 2024 -
Explore the Trendline➔
Thai Liang Lim via Getty ImagesTrendlineHow 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 -
The latest Yeezy drop from Adidas is online only
The activewear company earlier this month announced plans to shed existing inventory from its previous partnership with Ye.
By Tatiana Walk-Morris • Feb. 27, 2024 -
Walmart trims store-to-home delivery costs by 20%
The retail giant's CFO credited the improvements in part to "densifying the last mile" by delivering more packages per route.
By Max Garland • Feb. 27, 2024 -
Dollar General opens 20,000th store
The discount retailer plans to open hundreds more locations this year alone.
By Nate Delesline III • Feb. 26, 2024 -
Retrieved from Amazon.
Amazon Fresh launches Recurring Reservations feature for online shopping
The new feature allows grocery customers to choose a time for pickup or delivery orders up to a week in advance.
By Peyton Bigora • Feb. 26, 2024 -
Self-checkout promises ultimate convenience. Is it doing its job?
The process can make for faster, easier experiences, but it needs regular attention and helpful associates to thrive.
By Bryan Wassel • Feb. 26, 2024 -
Bankruptcy court OKs Instant Brands restructuring plan
The company, which has a brand portfolio that includes Corelle and Pyrex, expects to exit Chapter 11 this month.
By Nate Delesline III • Feb. 23, 2024 -
Column
The Weekly Closeout: Mattel taps new head of dolls and will VF Corp sell one of its biggest brands?
Krista Berger is the new senior vice president of Barbie and will lead the dolls division at the toy company. Meanwhile, the apparel conglomerate is reviewing its brand assets.
By Retail Dive Staff • Feb. 23, 2024 -
Big Lots acquires entire inventory of toy company Hearthsong
The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.
By Tatiana Walk-Morris • Feb. 23, 2024 -
Walmart hits supplier emissions goal 6 years early
The retailer’s vendors have already reported fulfilling Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.
By Ben Unglesbee • Feb. 23, 2024 -
Lululemon advances circular fashion with recycled nylon product
The retailer partnered with Samsara Eco to introduce an enzymatically recycled nylon 6,6 product in what the companies say is a “milestone” in textile recycling.
By Tatiana Walk-Morris • Feb. 22, 2024 -
Havenly to acquire The Citizenry
The deal marks the third acquisition in two years for Havenly, which also bought Interior Define and The Inside.
By Howard Ruben • Feb. 22, 2024 -
Amazon proposes less packaging, more savings for its sellers
Testing for Ships in Product Packaging compatibility often involves “a series of drops and vibrations,” a packaging innovation team leader said. Sellers can expect fee discounts for program participation.
By Katie Pyzyk • Feb. 22, 2024 -
Shutting down Overstock was ‘a fatal mistake’: Beyond executive chairman
Beyond Inc. will reopen Overstock's online store in the coming weeks in collaboration with Shopify.
By Nate Delesline III • Feb. 22, 2024 -
S&P Global Ratings downgrades VF Corp, expects sale of at least one major brand
Declines at VF’s top four labels will likely continue amid weakness in wholesale and direct-to-consumer sales — and not just at Vans.
By Daphne Howland • Feb. 21, 2024 -
Meati Foods shuffles C-suite amid layoffs
Recently appointed CFO Phil Graves will take over as CEO as the company reduces its workforce by 13%.
By Elizabeth Flood • Feb. 21, 2024 -
Zevia taps new CFO amid growth push
The CFO swap comes as Zevia fights to bolster growth amid financial challenges and competitive demand for healthier beverages.
By Grace Noto • Feb. 21, 2024 -
Under Armour inventory ticks closer to normal as freight, supply costs fall
The sportswear brand finally posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
By Ben Unglesbee • Feb. 21, 2024 -
BNPL popularity rises among ‘financially fragile’ consumers
About 60% of that group used BNPL five or more times in the past year, compared with just over 20% of more stable consumers, the New York Fed said.
By Caitlin Mullen • Feb. 21, 2024 -
Bed Bath & Beyond, Overstock name new CEOs
The company has tapped an insider and a newcomer to lead its home-focused e-tail businesses.
By Nate Delesline III • Updated Feb. 20, 2024 -
L’Oréal leans into AI with data in mind
“AI now transcends many of the things we do,” CEO Nicolas Hieronimus said during the beauty company’s earnings call.
By Lindsey Wilkinson • Feb. 20, 2024 -
Macy’s faces proxy fight after rejecting takeover bid
Will investors be tempted by the idea of capitalizing on the department store's real estate holdings?
By Daphne Howland • Feb. 20, 2024 -
HanesBrands to lay off nearly 160 employees in North Carolina distribution center
The apparel company plans to repurpose the facility as it streamlines operations.
By Alejandra Carranza • Feb. 20, 2024 -
Crocs reaches ‘record’ annual revenue of nearly $4B
The company said it’s in the early days of implementing a retail strategy for its Heydude brand and plans to open 30 outlet locations this year.
By Nate Delesline III • Feb. 16, 2024