Operations: Page 51
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4 ways Walmart is working to enhance its growth momentum
Since the start of the year, the company dropped news regarding employee retention, compensation, store revamps and consumer-facing tech initiatives.
By Nate Delesline III • Feb. 15, 2024 -
Away lays off 25% of internal staff
The DTC luggage brand is undergoing a reorganization that also includes "the elimination of a traditional executive team structure.”
By Caroline Jansen • Feb. 14, 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 -
Hasbro cuts half of its SKUs as sales fall 23% in Q4
CFO Gina Goetter said the products represented just 2% of revenue and were duplicative and unprofitable.
By Nate Delesline III • Feb. 14, 2024 -
Primark expands US footprint with Florida distribution center
The fashion retailer is importing cargo through the Jacksonville Port Authority.
By Alejandra Carranza • Feb. 14, 2024 -
Foxtrot parent company names new CEO
Rob Twyman, a grocery veteran who worked for decades at Whole Foods, succeeds Liz Williams, who held the role for just under a year.
By Jessica Loder • Feb. 14, 2024 -
Athleta launches high-performance Train Collection
The eight-piece collection features PowerMove, a light, breathable, quick-drying proprietary fabric made with recycled polyester.
By Tatiana Walk-Morris • Feb. 14, 2024 -
Instacart to lay off 250 workers, part ways with 3 execs
The layoffs are part of a restructuring program that will help “flatten the organization” to focus on core initiatives, CEO Fidji Simo said.
By Jeff Wells , Sam Silverstein • Feb. 14, 2024 -
Express moving toward debt restructuring, possible bankruptcy: WSJ
The business casual-focused apparel retailer has struggled to regain relevance since the height of the pandemic.
By Nate Delesline III • Feb. 13, 2024 -
The Body Shop enters administration in the UK, citing past ownership and tough retail environment
The beauty retailer, which was just acquired by private equity firm Aurelius in November, will restructure under a process akin to Chapter 11 in the U.S.
By Daphne Howland • Feb. 13, 2024 -
Why Build-A-Bear is pushing checkouts to tablets
The tools let associates better serve and personalize shopper journeys while providing customers with faster checkout options.
By Bryan Wassel • Feb. 13, 2024 -
Hoka taps 17-year Nike vet as brand president
Robin Green, the activewear giant’s global vice president of Men’s Running and Fitness, is tasked with driving growth and innovation at Hoka.
By Cara Salpini • Feb. 12, 2024 -
Dollar Tree expands COO role
Mike Creedon will add leadership of Dollar Tree and Family Dollar merchandising and supply chain to his scope.
By Tatiana Walk-Morris • Feb. 12, 2024 -
The Children’s Place scrambles to shore up liquidity, mulls ‘strategic alternatives’
The specialty retailer has retreated from the mall somewhat and boosted e-commerce, but its declines are poised to continue, analysts say.
By Daphne Howland • Feb. 12, 2024 -
Zulily’s inventory is up for sale as it winds down
After ceasing operations in December, the e-tailer’s warehouse equipment and $85 million worth of remaining products are being liquidated.
By Ben Unglesbee • Feb. 12, 2024 -
Macy’s continues private label push with State of Day
The new restwear, sleepwear and innerwear collection is part of a larger owned brand strategy — one new CEO Tony Spring says he has confidence in.
By Nate Delesline III • Feb. 9, 2024 -
Is Kohl’s real estate attracting investors?
Various funds, including one owned by the Singapore government, have taken stakes in recent days as rumors swirl about activist pressure.
By Daphne Howland • Feb. 9, 2024 -
Column
The Weekly Closeout: Disney turns to villains for bridal inspiration, Abercrombie & Fitch Co. cuts a role
The company looked to Ursula and Maleficent for a collection with Allure Bridals, while the specialty retailer eliminated its global brands president position.
By Retail Dive Staff • Feb. 9, 2024 -
Puma taps H&M vet to lead global brand strategy
Julie Legrand, who also held senior brand and marketing positions at Procter & Gamble, joins the athletics retailer with 20 years of experience.
By Howard Ruben • Feb. 9, 2024 -
After ‘milestone year’ Mattel targets $200M in cost savings
The toy manufacturer named a new chief strategy officer and rolled out a business optimization plan to drive further profitability as Q4 sales grew 16%.
By Nate Delesline III • Feb. 9, 2024 -
Under Armour CEO on sportstyle pivot: ‘We’re not trying to be anything other than authentically Under Armour’
Stephanie Linnartz talked about the evolution of the company’s product offering as revenue fell 6%.
By Cara Salpini • Feb. 8, 2024 -
Bergdorf Goodman to run its own e-commerce as parent Neiman Marcus Group drops Farfetch
But the luxury e-commerce platform, now owned by Coupang, continues to be a minority investor in the iconic New York department store.
By Daphne Howland • Feb. 8, 2024 -
Why ‘pay-by-bank’ faces adoption hurdles in US retail
Pay-by-bank has been catching on slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.
By Suman Bhattacharyya • Feb. 8, 2024 -
Costco taps former Kroger finance chief to serve as CFO
Gary Millerchip is taking over from Richard Galanti, who is leaving the club retailer after nearly 40 years.
By Catherine Douglas Moran • Feb. 7, 2024 -
VF Corp launches strategic review of brand assets, CFO steps down
The company’s largest brands saw double-digit revenue declines in Q3, while overall company revenue dipped 16% for the period.
By Laurel Deppen • Feb. 7, 2024 -
Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm Authentic
The mall REIT is unwinding some of its investment into the retail business, which CEO David Simon has acknowledged is more volatile than real estate.
By Daphne Howland • Feb. 7, 2024