Operations: Page 59
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Courtesy of Hasbro
Hasbro revenue falls 18% as profits improve
The toy manufacturer, which is reportedly considering a takeover of rival Mattel, said sales fell 6% excluding the sale of its eOne film and TV unit.
By Nate Delesline III • July 25, 2024 -
Courtesy of Curology
Curology enters CVS
The DTC brand’s nonprescription products debuted on the drugstore’s website and will be in stores by August.
By Xanayra Marin-Lopez • July 25, 2024 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
"Saks Fifth Avenue, Off 5th Outlet Factory Store , Clinton CT" by Mike Mozart is licensed under CC BY 2.0
Saks Global confirms layoffs
The HBC-owned business is prepping for its takeover of rival Neiman Marcus Group, which includes Bergdorf Goodman.
By Daphne Howland • July 25, 2024 -
Helen of Troy reports distribution disruptions at Tennessee facility
The company is working with suppliers to address the remaining challenges impacting customer orders.
By Kelly Stroh • July 25, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: All of a sudden, a lot is happening at department stores
The team discusses a barrage of news from several players in a retail space that has been written off many times.
By Retail Dive Staff • July 25, 2024 -
Courtesy of Mattel
Mattel will lean on retailers to boost holiday sales
The toy maker said it will be gaining shelf space in stores, and headed off questions about takeover rumors.
By Daphne Howland • July 24, 2024 -
Courtesy of Omni
Omni Retail Enterprises names CTO
Similar to the company’s new CEO, Jeff Haddox has an extensive background working with home retailer Pier 1 — a brand now owned by Omni.
By Kaarin Moore • July 24, 2024 -
Daphne Howland/Retail Dive
ColumnReporter’s Notebook: Blockbuster still wants you to be kind, rewind
The video rental chain’s last-standing franchise location in Bend, Oregon, has both loyal customers and nostalgic fans.
By Daphne Howland • July 24, 2024 -
Courtesy of Conn's
Conn’s to close over 70 stores amid bankruptcy speculation
The closures represent about 13% of its store fleet and come amid a Bloomberg report that the home retailer is prepping to file for bankruptcy.
By Nate Delesline III • July 23, 2024 -
Courtesy of Pinkie, CVS Pharmacy
Tween period care brand Pinkie enters CVS
Designed by mothers and intended for the young age group, the brand also recently set foot into Target and Walmart.
By Xanayra Marin-Lopez • July 23, 2024 -
Courtesy of Birkenstock
Birkenstock opens first owned store in France ahead of Olympics
The two-level space includes a community event area and is one of several stores the brand plans to open in key European cities in the coming years.
By Howard Ruben • July 23, 2024 -
Kaarin Vembar/Retail Dive
Walmart to pay $2.5M to settle class-action wage claims for pre-shift COVID-19 screening
The amount the employees recovered was “substantial,” according to the federal court that approved the settlement.
By Laurel Kalser • July 23, 2024 -
Ross Stores adds 24 new locations in 2 months
The off-price retailer still sees a path to 2,900 locations of its namesake banner as it also improves its value offering at DD’s Discounts.
By Nate Delesline III • July 22, 2024 -
Courtesy of Walgreens
S&P Global Ratings downgrades Walgreens, citing struggles in both pharmacy and retail
The drugstore retailer faces debt maturities, and the upending of some strategies introduces new uncertainties, analysts said.
By Daphne Howland • July 22, 2024 -
Getty Images
Makeup brand Seint to change its business model
The company is transitioning from direct selling to an affiliate commission structure and will no longer provide compensation to its sellers for recruiting efforts.
By Kaarin Moore • July 22, 2024 -
Brandon Bell via Getty Images
Skechers sues L.L. Bean for patent infringement
Attorneys for the footwear giant accuse the retailer of illegally using its patented "heel cup" design.
By Laurel Deppen • July 22, 2024 -
Courtesy of Academy Sports and Outdoors
Academy Sports and Outdoors targets enhanced distribution performance
The retailer’s implementation of a new warehouse management system is a key component of its efforts to bolster its omnichannel capabilities.
By Phil Neuffer • July 22, 2024 -
iStockphoto.com/Olimpia Tosheva
Sponsored by SPS Commerce5 trends shaping the future of retailer-supplier partnerships
Discover five trends reshaping retailer-supplier partnerships through data-driven collaboration.
July 22, 2024 -
Permission granted by Simbe Robotics
New robotic capability lets retailers remotely monitor store shelves
Simbe Robotics’ tool allows personnel to see conditions in stores on a mobile device using imagery from the company’s autonomous aisle-scanning equipment.
By Sam Silverstein • July 19, 2024 -
Hasbro names Wizards of the Coast president
Blizzard Entertainment veteran John Hight succeeds Cynthia Williams, who left her post at the toy and game company in April.
By Howard Ruben • July 19, 2024 -
The image by cchana is licensed under CC BY-SA 2.0
ColumnThe Weekly Closeout: What the Supreme sale means for VF’s debt and Mango posts ‘record’ first half
The recent sale could spell good news for the apparel company’s upcoming maturities. Meanwhile, Mango plots expansion.
By Retail Dive Staff • July 19, 2024 -
Permission granted by Dollar General
Dollar General to offer over 100 back-to-school products for $1 or less
Notebooks, pencils, glue sticks and folders are among the low-priced offerings. The dollar store will also offer backpacks for $5.
By Tatiana Walk-Morris • July 19, 2024 -
Cara Salpini/Retail Dive
Allbirds names Salomon veteran VP of design
Jason Israel, previously global creative director of the sports equipment company, will report to Chief Design Officer Adrian Nyman.
By Howard Ruben • July 18, 2024 -
Permission granted by Petco
Former Five Below CEO to take the reins at Petco
Joel Anderson, who exited the discount company Wednesday, has been appointed as the pet retailer’s next chief as it looks to reposition itself.
By Caroline Jansen • July 18, 2024 -
Bassett Furniture temporarily shuts down manufacturing facilities following cyberattack
Although customers can still place orders and purchase products, the furniture company’s ability to fulfill orders is currently impacted.
By Kaarin Moore • July 18, 2024
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