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Nike addresses flaws in DTC strategy as Q3 revenues come in flat
CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation.
By Cara Salpini • March 22, 2024 -
Column
The Weekly Closeout: Layoffs at Walgreens and what would it mean if Nordstrom went private?
The drugstore chain closed two distribution centers. Meanwhile, go-private rumors at the department store could have been sparked by Macy’s.
By Retail Dive Staff • March 22, 2024 -
Trendline
The latest in experiential retail
With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints.
By Retail Dive staff -
Walmart adds oral care brands targeting Gen Z and millennial shoppers
Zimba and Plus Ultra will land in 4,500 and 600 of the mass merchant’s stores, respectively, significantly expanding their wholesale presence.
By Howard Ruben • March 21, 2024 -
The Container Store opens first New York small-format store
The location, which features a Custom Spaces design studio, is the home retailer’s eighth small-format store.
By Xanayra Marin-Lopez • March 21, 2024 -
Five Below scales back self-checkout to fight shrink
Hiring more store associates will improve customer service and help fight what executives said was an unexpectedly high level of inventory loss.
By Daphne Howland • March 21, 2024 -
Return policies sway customer behavior: survey
Store customers return less than online shoppers, and some rules are boosting in-store returns of online orders, according to the ICSC.
By Tatiana Walk-Morris • March 21, 2024 -
Untuckit to open 14 new stores in 2024
The DTC apparel brand said the first seven stores will open by May across California, Georgia, Florida, New Jersey and New York.
By Howard Ruben • March 20, 2024 -
J. Jill manages to expand its fleet, by one store
The women's apparel retailer saw decent sales during the holiday quarter, thanks in part to an extra week, and boosted its margins.
By Daphne Howland • March 20, 2024 -
Sephora to exit Korea this spring
The beauty retailer will wind down its online, mobile app and store operations in the country beginning May 6.
By Cara Salpini • March 20, 2024 -
DoorDash doubles down on beauty with Sally Beauty, MAC Cosmetics deal
The delivery platform, which is also expanding a partnership with Sephora, has added more than 400,000 beauty and personal care products since 2021.
By Tatiana Walk-Morris • March 20, 2024 -
Walmart names new Neighborhood Market division head
Kyle Kinnard will lead the grocery-focused format, replacing Kelvin Buncum, who is retiring.
By Catherine Douglas Moran • March 20, 2024 -
Ulta Beauty teams with Pact Collective on fleetwide recycling program
The Beauty Dropoff will be available at all of the retailer’s locations and encourages shoppers to drop off clean, empty product containers.
By Tatiana Walk-Morris • March 19, 2024 -
Macy’s eyes $100M in savings from streamlined supply chain
The company's "Bold New Chapter" will entail automation, distribution center closures, and more.
By S.L. Fuller • March 19, 2024 -
FabFitFun acquires PupBox from Petco
The deal both satisfies a need from existing members who have been asking for more pet offerings and allows the company to reach new audiences.
By Caroline Jansen • March 19, 2024 -
Kohl’s expands home goods assortment by 40%
The department store sees opportunity despite stubborn declines in the market since the height of the pandemic.
By Daphne Howland • March 19, 2024 -
‘Built for a different era’: Macy’s CEO on why closing 150 stores is critical to its survival
Tony Spring, who took the helm just last month, remains confident that the department store still holds an important role in consumers’ lives.
By Nate Delesline III • March 19, 2024 -
Nordstrom revives namesake brand
The new line features footwear and accessories, and its release is part of a revamp following lagging Q4 sales at full-line stores.
By Laurel Deppen • March 19, 2024 -
Joann files for Chapter 11 with a plan to cut $500M in debt
Thanks to an agreement with lenders, stores will be open and vendors paid throughout the bankruptcy process, which could be completed next month.
By Daphne Howland , Nate Delesline III • March 18, 2024 -
Nordstrom Rack merchandising exec leaving after 2 years
Nancy Mair arrived amid a leadership shakeup at its off-price business that continued into last September with the appointment of a new president.
By Daphne Howland • March 18, 2024 -
Target limits self-checkout to 10 items or fewer at most stores
In addition to rolling out the express lanes, the retailer is giving managers more leeway to open and shut self-service lanes throughout the day.
By Bryan Wassel • March 18, 2024 -
Outdoor Voices shutters all stores
The activewear brand, once a DTC darling, told staff on Tuesday it would close stores as it shifts to an online-only model.
By Caroline Jansen • March 15, 2024 -
Afterpay expands merchant partners as it looks past apparel
In addition to Kendra Scott and Diane von Furstenberg, the installment payments provider is bringing on brands like Made In Cookware.
By Tatiana Walk-Morris • March 15, 2024 -
Longtime Fossil CEO out as company announces strategic review
The departure of Kosta Kartsotis, who spent over 20 years at the helm, came as the retailer reported Q4 sales falling nearly 16% and losses widening.
By Howard Ruben • March 15, 2024 -
Macy’s moves to beef up real estate expertise on its board
Arkhouse Management, which upped its takeover bid to $6.6 billion, has criticized the retailer for having only one director with a real estate track record.
By Daphne Howland • March 15, 2024 -
Adidas posts first annual net loss in over 30 years
However, the retailer dodged a much-discussed operating loss for the year, with the sale of Yeezy merchandise helping it notch a profit.
By Cara Salpini • March 15, 2024