Operations: Page 55
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Dollar Tree confirms more layoffs at corporate office
The discounter has recently reviewed its underperforming Family Dollar business, shifted its pricing strategy and overhauled its leadership.
By Daphne Howland • May 28, 2024 -
Courtesy of Mizzen + Main
Mizzen+Main continues Southern expansion with Alabama opening
Located in Birmingham, the store is the brand’s 11th overall and first in the state.
By Suzette Parmley • May 28, 2024 -
Trendline
Gen Z and the next-generation consumer
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Courtesy of Vuori
Vuori opens first store in China
The store marks the athleisure brand’s 67th location as it works toward a goal of opening 100 stores by 2026.
By Howard Ruben • May 28, 2024 -
Daphne Howland/Retail Dive
GameStop raises $933M from stock sale
The funds could go toward acquisitions or investments, which may be important as its core business shrinks.
By Nate Delesline III • May 28, 2024 -
Cara Salpini/Retail Dive
Margins balloon at Deckers as Hoka takes off
The running shoe line and sister brand Ugg lead a footwear portfolio that Wedbush calls “one of the fundamentally strongest names in our coverage.”
By Daphne Howland • May 28, 2024 -
Courtesy of Gildan
Gildan CEO and entire board resign ahead of annual meeting
Following a months-long proxy battle between the activewear brand and investor group Browning West, former CEO Glenn Chamandy will likely be reinstated.
By Laurel Deppen • May 28, 2024 -
Courtesy of Target
Target adds 1K summer items in affordability push
In an attempt to draw in budget-sensitive shoppers, product prices start at $1 and more than half of the assortment is less than $15.
By Tatiana Walk-Morris • May 24, 2024 -
Ollie’s wins bankruptcy bid for 11 former 99 Cents Only Stores
The acquisition of the Texas stores appears to support Ollie's plans to expand its brick-and-mortar footprint.
By Nate Delesline III • May 24, 2024 -
Cara Salpini/Retail Dive
Rothy’s launches on Amazon
The sustainable shoe brand is adding its signature products to the online retailer as it looks to broaden its reach.
By Suzette Parmley • May 24, 2024 -
Courtesy of e.l.f. cosmetics
ColumnThe Weekly Closeout: E.l.f. Beauty reports $1B in net sales and Wayfair opens its first large-format store
The cosmetics brand increased sales 77% year over year, while the DTC furniture company debuted a store in Wilmette, Illinois.
By Retail Dive Staff • May 24, 2024 -
Courtesy of Walmart
Up to 2K Walmart jobs in Texas, California impacted by relocations and layoffs
The retailer earlier this month confirmed hundreds of corporate layoffs.
By Nate Delesline III • May 23, 2024 -
Permission granted by Peloton
Peloton refinances debt as financial challenges persist
The struggling fitness brand is issuing new notes to pay off debt with a closer maturity date, just weeks after losing its CEO and laying off employees.
By Suzette Parmley • May 23, 2024 -
TJX, the world’s largest off-price retailer, is poised to get a lot bigger
The company said it could expand its global fleet by 1,300 or more additional stores in coming years, spurred in part by department store closures.
By Daphne Howland • May 23, 2024 -
Courtesy of Ipsy
Ipsy appoints new marketing chief
Francine Li comes with experience from Netflix and Riot Games and joins the beauty company as it looks to “reinvigorate” its namesake brand.
By Suzette Parmley • May 23, 2024 -
Courtesy of Walmart
Walmart goes bigger with new Neighborhood Markets
Two new prototype stores include features that build on the retailer’s growing e-commerce business without hindering the in-store experience, the format’s chief executive said in an interview.
By Peyton Bigora • May 23, 2024 -
Nate Delesline III/Retail Dive
Target Q1 sales drop 3%
The retailer is losing ground in grocery and household items as customers shop for less elsewhere, according to analysts.
By Nate Delesline III • May 22, 2024 -
Courtesy of Kizik
After opening Mall of America location, Kizik plots first East Coast store
As it works to build out its physical footprint, the hands-free footwear brand plans to open a store at the King of Prussia mall in Pennsylvania on June 14.
By Suzette Parmley • May 22, 2024 -
Courtesy of Rowing Blazers
Following acquisition, Rowing Blazers names new CEO
Laura Willensky comes with experience from J. Crew, Victoria’s Secret Beauty, Talbots, Janie & Jack, Madewell and Away.
By Howard Ruben • May 22, 2024 -
Dani James/Retail Dive
Lululemon restructures product, marketing teams as Chief Product Officer Sun Choe exits
The roles of chief brand officer and global creative director will expand as Choe leaves for a new opportunity and won’t be replaced.
By Cara Salpini • May 22, 2024 -
Daphne Howland/Retail Dive
Pier 1, Stein Mart ownership changes hands
The backers of Retail Ecommerce Ventures have acquired its IP portfolio, allowing it to avoid bankruptcy. Now they’re looking to expand.
By Daphne Howland • May 22, 2024 -
Daphne Howland/Retail Dive
Vineyard Vines opens at Disney Springs
The lifestyle brand opened its 14th store minutes away from one of Florida’s top tourism destinations.
By Suzette Parmley • May 21, 2024 -
Daphne Howland/Retail Dive
A glimpse into a future Macy’s
The department store has provided financial metrics for the fleet of stores that will survive a massive downsizing over the next three years.
By Daphne Howland • May 21, 2024 -
Courtesy of Party City
Party City to re-open 3 stores featuring new format
The locations in Maryland, Florida and New Jersey have new design elements including a “balloon shopping experience” and “birthday worlds.”
By Tatiana Walk-Morris • May 21, 2024 -
Justin Sullivan/Getty Images via Getty Images
Walmart fires back at Amazon in fast delivery race
The retailer delivered 4.4 billion items over the past 12 months with either same-day or next-day speeds.
By Max Garland • May 21, 2024 -
Daphne Howland/Retail Dive
Bruce Nordstrom — grandson of the retailer’s founder and father of its top executives — dies at 90
Under the leadership of his generation, the fashion department store went public, launched off-price Rack and expanded into a national retailer.
By Daphne Howland • May 20, 2024
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