Operations: Page 69
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The image by Massachusetts Office of Travel & Tourism is licensed under CC BY-ND 2.0
Crate and Barrel Holdings launches multi-year improvement plan
With multiple new executives leading the company, the retailer wants to harness AI and automation technologies.
By Tatiana Walk-Morris • Sept. 1, 2023 -
With departure of Walgreens CEO, retail takes a back seat
Rosalind Brewer arrived a little over two years ago with deep retail experience, but that doesn’t seem to be the drugstore company’s priority, analysts say.
By Daphne Howland • Sept. 1, 2023 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Best Buy suppliers are picking up the tab on promotions
With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.
By Ben Unglesbee • Sept. 1, 2023 -
Dollar General set to open nearly 1K new stores despite profit, margin declines
The discounter is grappling with bloated inventories, which analysts say are contributing to shrink and impeding store operations.
By Daphne Howland • Aug. 31, 2023 -
Victoria’s Secret posts Q2 sales decline amid turnaround efforts
While the retailer reported progress on its strategic initiatives, analysts question whether its actions are working.
By Kaarin Moore • Aug. 31, 2023 -
J.C. Penney announces $1B turnaround plan
The struggling department store will upgrade its tech, stores and customer experience, but is unlikely to follow rival Macy’s in leaving the mall.
By Daphne Howland • Aug. 31, 2023 -
Macy’s renegotiates carrier contracts for lower delivery costs
The department store retailer uses UPS and the U.S. Postal Service but did not specify which deals were adjusted.
By Max Garland • Aug. 31, 2023 -
Furniture maker Mitchell Gold + Bob Williams shuts down over inability to secure ‘critical financing’
The company, which was acquired by private equity firm The Stephens Group in 2014, closed despite a recent $20 million investment by the firm.
By Nate Delesline III • Aug. 30, 2023 -
Ann Taylor, Loft, Talbots form new KnitWell Group
Sycamore Partners acquired Talbots over a decade ago and the other KnitWell brands during Ascena’s 2020 bankruptcy.
By Daphne Howland • Aug. 30, 2023 -
Amazon tests $35 free shipping minimum
The e-commerce giant is testing the free shipping threshold with select groups of non-Prime members.
By Kaarin Moore • Aug. 30, 2023 -
Kohl’s cuts inventory by 14% as it prioritizes discipline
The retailer’s aggressive, ahead-of-schedule inventory reductions represented significant progress toward those goals.
By Ben Unglesbee • Aug. 30, 2023 -
Big Lots completes store leasebacks, takes ‘decisive actions’ to lower costs
The retailer said its core lower-income customer remains under pressure, but expects improvements in the back half of the year.
By Nate Delesline III • Aug. 29, 2023 -
Designer Brands President Bill Jordan to exit
Jordan has been with the company in various roles for nearly 18 years and plans to exit by the beginning of December.
By Cara Salpini • Aug. 29, 2023 -
Vuori set a goal to open 100 stores by 2026. Here’s a look at the DTC brand’s progress.
The DTC activewear brand has steadily added to its footprint two years after announcing plans to drastically expand its brick-and-mortar presence.
By Caroline Jansen • Aug. 29, 2023 -
Authentic Brands Group lands partnership for Hunter Boots in China, Southeast Asia
Under the deal, Baozun Inc. acquired a 51% equity interest in the heritage boot brand’s intellectual property across the regions.
By Laurel Deppen • Aug. 29, 2023 -
J.C. Penney partners with celebrity stylist Jason Bolden
In a first-ever stylist collaboration for the department store, Bolden will reimagine collections for its J. Ferrar and Worthington private labels.
By Tatiana Walk-Morris • Aug. 29, 2023 -
Guess aims to shrink inventories by 10% this year
The apparel brand is cutting stock levels as its supply chain speeds up, and as new planning and allocating systems come online.
By Ben Unglesbee • Aug. 29, 2023 -
Rite Aid reportedly preparing Chapter 11 bankruptcy filing
A filing could help the retailer restructure $3.3 billion in debt and address a slew of lawsuits alleging it unlawfully filled opioid prescriptions.
By Nate Delesline III • Aug. 28, 2023 -
New Gap Inc. CEO: ‘We need to make these brands matter more’
Further declines in Q2 greeted former Mattel executive Richard Dickson as he took the helm at the apparel conglomerate.
By Daphne Howland • Aug. 28, 2023 -
Leonard Lauder steps down from Estée Lauder board
He will remain Chairman Emeritus and designated his sons William and Gary as directors of the company.
By Kaarin Moore • Aug. 28, 2023 -
Column
The Weekly Closeout: Petco swings to a loss and Ace Hardware plans 170 stores this year
The pet retailer reported its 19th consecutive quarter of comp growth, while the hardware cooperative has already opened 100 of its planned stores.
By Retail Dive Staff • Aug. 25, 2023 -
Ulta says locked fragrance cabinets are helping sales
The cases, which are in about half of the beauty retailer’s stores, are reducing theft and keeping product in stock.
By Cara Salpini • Aug. 25, 2023 -
Walmart, Alphabet’s Wing team up for drone delivery in Texas
Two stores in the Dallas-Fort Worth area will offer the service for customers within a 6-mile radius by the end of the year.
By Max Garland • Aug. 25, 2023 -
Nordstrom pushes ahead with Rack expansion despite declines
Credit card delinquencies are up and prospects for the holiday quarter are hazy, executives said on Thursday.
By Daphne Howland • Aug. 25, 2023 -
Revlon builds out exec team, names CFO
The company also brought on a president of North America and a chief strategy and transformation officer.
By Kaarin Moore • Aug. 25, 2023