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The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M
The accessories retailer opened a store in Mexico City, while the toy company, known for its plush stuffed animals, teamed up with H&M for a collection.
By Retail Dive Staff • Dec. 8, 2023 -
Chewy names new CFO
The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.
By Caroline Jansen • Dec. 7, 2023 -
Explore the Trendline➔
Thai Liang Lim via Getty ImagesTrendlineHow retailers are thinking about in-store experience
Complementary shop-in-shops, age-appropriate experiences and integrated technology are just a few ways retailers are reworking stores to suit shoppers.
By Retail Dive staff -
Hundreds of new stores help push Dollar General sales up 2.4%
But the discount retailer is cutting back its expansion plans for next year as it aims to turn its business around.
By Daphne Howland • Dec. 7, 2023 -
Apparel retailers dominate prime corridor leasing: report
Athleisure brands in particular are leading the way this year, with Lululemon and Vuori opening stores in popular shopping districts.
By Tatiana Walk-Morris • Dec. 7, 2023 -
Big Lots creates new executive role to lead closeout sourcing
In the position, Seth Marks will focus on “procuring outstanding products at exceptional values through unique closeout opportunities,” the retailer said.
By Ben Unglesbee • Dec. 7, 2023 -
Best Buy increases reliance on distribution centers for customer delivery
By reducing the share of online orders shipped from stores, the retailer's employees can focus more on customer-facing services, its CEO said.
By Max Garland • Dec. 6, 2023 -
Sears is a shell of its former self. So why is it reopening some stores?
The retailer, which once boasted some 3,500 stores, has slowly whittled down its footprint. But recent openings likely don’t signal a turnaround.
By Nate Delesline III • Dec. 6, 2023 -
Can Lululemon maintain its momentum?
Ahead of the brand’s Q3 report this week, Wells Fargo analysts downgraded their stock outlook, while other analysts raised their price targets.
By Daphne Howland • Dec. 5, 2023 -
Rite Aid plans to sell 79 more stores
The drugstore chain has been shedding leases as a way to optimize its portfolio following its Chapter 11 bankruptcy.
By Tatiana Walk-Morris • Dec. 5, 2023 -
Wish launches small parcel delivery service
WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.
By Max Garland • Dec. 5, 2023 -
Sam’s Club adds 2 more distribution centers to its 2024 lineup
The St. Louis and Minneapolis facilities are slated to open in January and March, respectively, building on the Walmart-owned retailer’s plan to advance its end-to-end supply chain capabilities.
By Peyton Bigora • Dec. 5, 2023 -
NLRB rules against Amazon in New York fulfillment center union organizing case
The National Labor Relations Board alleges the company unlawfully retaliated against some employees, including by changing work assignments.
By Nate Delesline III • Dec. 4, 2023 -
EBay invests in sports trading card company COMC
The two companies also entered a commercial agreement as eBay continues to grow its presence in the category.
By Tatiana Walk-Morris • Dec. 4, 2023 -
Guess walks inventory tightrope while retail buyers stay ‘very careful’ on purchasing
The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.
By Ben Unglesbee • Dec. 4, 2023 -
These 5 people changed retail. Where are they now?
Some of the biggest names in the industry slowly fade from headlines. While others keep grabbing them for various reasons.
By Kaarin Moore • Dec. 4, 2023 -
Sponsored by Facteus
3 ways retailers can leverage generative AI to stay ahead of the competition
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Dec. 4, 2023 -
Little Words Project to open store in Mall of America
The brand, known for its beaded bracelets, will open its 11th store since launching in 2013.
By Howard Ruben • Dec. 1, 2023 -
Column
The Weekly Closeout: Petco slashes outlook and what’s going on at Uoma Beauty?
The pet retailer missed Q3 estimates, while the makeup brand could be at risk of closure by the UK government.
By Retail Dive Staff • Dec. 1, 2023 -
Ikea celebrates sales growth with lower prices
The home retailer is dropping prices on hundreds of products and delivering a $54.5 million bonus payout to some of its workers.
By Tatiana Walk-Morris • Dec. 1, 2023 -
Claire’s taps Bath & Body Works vet for CFO-COO role
The appointment comes as the retailer is weighing the best time to go public, after withdrawing an IPO earlier this year.
By Alexei Alexis • Dec. 1, 2023 -
VF Corp lays off 500 salaried employees amid turnaround
The job cuts come weeks after an activist investor demanded the conglomerate slash $300 million in expenses.
By Daphne Howland • Nov. 30, 2023 -
Burlington leans on inventory management to boost margins
After working through reserve stocks, the retailer has learned to increase merchandise turnover by distributing goods to stores more quickly.
By Ben Unglesbee • Nov. 30, 2023 -
Best Buy to offer deliveries via DoorDash
The partnership marks the first national consumer electronics retailer available on the DoorDash marketplace.
By Tatiana Walk-Morris • Nov. 30, 2023 -
Dollar Tree may shrink Family Dollar footprint: CEO
Rick Dreiling said the company has initiated a comprehensive review of its Family Dollar banner after it missed expectations in Q3.
By Nate Delesline III • Nov. 29, 2023 -
Ralph Lauren veteran takes CFO job at Vince
John Szczepanski takes on a role that has had significant turnover in recent months, as the struggling brand embarks on a turnaround.
By Daphne Howland • Nov. 29, 2023