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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 -
Courtesy of Zulily
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 -
Explore the Trendlineâž”
Courtesy of PayPal Inc.
TrendlineThe state of retail returns
Retailers of all sizes are streamlining operations so customers can have a smooth return experience.
By Retail Dive staff -
Permission granted by Macy's
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 -
Courtesy of Kohl's
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 -
Courtesy of Walt Disney World Resort/PRNewswire
ColumnThe 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 -
Courtesy of Puma
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 -
Courtesy of Mattel
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 -
Cara Salpini/Retail Dive
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 -
gorodenkoff via Getty Images
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 -
Kaarin Vembar/Retail Dive
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 -
Juan Naharro Gimenez/Getty Images via Getty Images
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 -
Getty Images via Getty Images
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 -
Courtesy of https://brightpick.ai/the-feed-is-installing-brightpick/
Sports gear retailer deploys autopicker robots
The Feed expects that the robots will enable the warehouse to fulfill 5,000 orders per day, and plans to complete integration by the end of March.
By Alejandra Carranza • Feb. 7, 2024 -
Courtesy of Garnet Hill
Garnet Hill opens first full-price location
The Qurate Retail Group-owned brand will offer women’s apparel and home textiles in the store.
By Howard Ruben • Feb. 7, 2024 -
Courtesy of Marley Spoon
Marley Spoon to sell US fulfillment, production facilities in $24M deal
FreshRealm will acquire the assets and fulfill customer orders, while the meal kit company will handle front-end operations.
By Max Garland • Feb. 7, 2024 -
Edwin Lopez/Retail Dive
Foot Locker COO names 4 skills crucial to supply chain leaders
Global awareness was one skill Elliott Rodgers highlighted during remarks at Manifest Vegas 2024.
By Edwin Lopez • Feb. 7, 2024 -
Natura & Co. explores separation from Avon
If approved, the move would create two separately managed, publicly traded beauty companies.
By Nate Delesline III • Feb. 6, 2024 -
Courtesy of Gap Inc., photo credit Mario Sorrenti
Zac Posen is Gap Inc.’s latest hire in a long line
The designer, known for his women’s dresses, joins a team tasked with “brand reinvigoration and greater cultural relevance,” the company said.
By Daphne Howland • Feb. 6, 2024 -
Spanx names CEO
Cricket Whitton, who was most recently the company’s chief growth officer and helped lead its digital transformation, will step into the role.
By Howard Ruben • Feb. 6, 2024 -
Courtesy of Solo Brands
Solo Brands appoints Vitamin Shoppe exec as new CFO
The leadership swap comes after Solo replaced its CEO and lowered its revenue guidance for 2023 following disappointing sales.
By Grace Noto • Feb. 6, 2024 -
Estée Lauder to cut up to 5% of positions in restructuring plan
The layoffs come after sales fell 7% in the second quarter and as the beauty company refocuses around driving sustainable profitability.
By Nate Delesline III • Feb. 6, 2024 -
Pablo Cuadra via Getty Images
New Balance introduces resale platform
The footwear company partnered with Archive to launch Reconsidered as part of a larger sustainability initiative.
By Laurel Deppen • Feb. 6, 2024 -
Cara Salpini/Retail Dive
Deckers names new CEO as Q3 sales tick up 16%
Stefano Caroti, who most recently was the company’s chief commercial officer, also led Hoka in the interim and spent over a decade at Nike.
By Tatiana Walk-Morris • Feb. 5, 2024 -
Justin Sullivan/Getty Images via Getty Images
Skechers logs record $8B in annual sales, but wholesale remains a pain point
After retailers cut back on inventory levels last year, the footwear giant’s CFO said he expects things to turn around in 2024.
By Laurel Deppen • Feb. 5, 2024
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