Operations: Page 70
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Courtesy of Business Wire
Sweaty Betty taps Nike vet as chief marketing officer
The Wolverine World Wide-owned athletic brand has tapped Kerry Williams, a former hockey player and retail veteran, to fill the role.
By Howard Ruben • Feb. 2, 2024 -
Courtesy of Macy's
New Macy’s CEO Tony Spring takes over
Spring, who steps into the role on Sunday, faces several challenges, including a take-private offer and changes to the department store’s fleet.
By Nate Delesline III • Feb. 2, 2024 -
Trendline
Gen Z and the next-generation consumer
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Courtesy of Walgreens
Walgreens lays off another 145 employees
The drugstore retailer said it still has “significant cost savings and growth goals to deliver” as it confirmed further downsizing of its workforce.
By Daphne Howland • Feb. 2, 2024 -
Courtesy of Peloton
Peloton to end co-branded college bike experiment
Less than six months after announcing a program with the University of Michigan, the brand will no longer release bikes in other school colors.
By Caroline Jansen • Feb. 1, 2024 -
Spencer Platt via Getty Images
How retail is shaping up in 2024
Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs.
By Stephanie Arnold • Feb. 1, 2024 -
Jonathan Leibson via Getty Images
Adidas plans to sell the rest of its Yeezy inventory ‘at least at cost’ this year
The company, which originally toyed with the idea of writing off all leftover merchandise from the failed partnership, has instead sold it off piece by piece.
By Cara Salpini • Feb. 1, 2024 -
Crocs brand chief to retire, CFO steps up
Anne Mehlman, who had returned to Crocs five years ago, takes over from Michelle Poole, who will stay on as an adviser until early 2025.
By Daphne Howland • Feb. 1, 2024 -
Kaarin Vembar/Retail Dive
DTC’s outlook for 2024
As the new year kicks off, the space has already seen many C-suite changes, acquisitions and sales.
By Caroline Jansen • Jan. 31, 2024 -
Courtesy of Thinx
Thinx to lay off 95 employees
The job cuts, impacting workers in New York, take effect on May 1.
By Caroline Jansen • Jan. 31, 2024 -
Getty Images
Walmart announces ambitious 5-year store plan
The retailer aims to build or convert more than 150 locations by 2029 and remodel 650 stores during the next 12 months.
By Peyton Bigora • Jan. 31, 2024 -
Retrieved from NoBull on January 30, 2024
Tom Brady takes his fitness, apparel brands to Nobull
The retired NFL star's enterprises shuttered their Boston-area stores last year.
By Daphne Howland • Jan. 31, 2024 -
Courtesy of Hairitage
Hairitage adds CVS, HEB and Kroger to its wholesale roster
The channel expansion comes after the hair care brand in 2020 launched exclusively at Walmart.
By Howard Ruben • Jan. 31, 2024 -
Getty Images
With new stock grants, Walmart store manager pay could exceed $400K
The annual stock grants vary by store format. At Supercenters, it amounts to $20,000.
By Nate Delesline III • Jan. 30, 2024 -
Courtesy of Amazon
Amazon’s $1B investment fund eyes last-mile tech, AV startups
The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.
By Max Garland • Jan. 30, 2024 -
Courtesy of Stitch Fix
Can Stitch Fix’s new transformation team prove its model at last?
The online clothing-box retailer may have an opportunity to undo its mistakes and take advantage of weakness at rivals, analysts say.
By Daphne Howland • Jan. 30, 2024 -
Cara Salpini/Retail Dive
Sporting goods still challenged by inflation, inventory levels, report finds
2024 will be a mixed year for the athletics sector, according to the World Federation of the Sporting Goods Industry and McKinsey & Company.
By Cara Salpini • Jan. 30, 2024 -
Courtesy of iRobot
Amazon won’t buy iRobot after all
In 2022 the e-commerce giant had agreed to acquire the Roomba maker for $1.7 billion, but the deal faced antitrust scrutiny in the U.S. and Europe.
By Daphne Howland • Jan. 29, 2024 -
Kirkland’s secures $12M in additional debt financing
The retailer, which earlier this month named a new CEO, said the additional financing will support its repositioning efforts.
By Nate Delesline III • Jan. 29, 2024 -
Getty Images
Retailers have finally tamed their inventories: report
Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.
By Ben Unglesbee • Jan. 29, 2024 -
Ian Gavan via Getty Images
Superdry CFO to step down as the company warns of rough market conditions
The departure marks the fourth finance chief to leave the troubled retailer in five years.
By Grace Noto • Jan. 29, 2024 -
Courtesy of Brooklinen
Building out its physical footprint, Brooklinen opens store in Washington, DC
The store, which opened Saturday, is located in the Logan Circle neighborhood in the historic Black Cat concert venue.
By Howard Ruben • Jan. 29, 2024 -
Retailers are finding more of what they want off mall
Lower rents and greater flexibility are luring stalwart anchors and specialty retailers to outlets and strip centers, analysts say.
By Nate Delesline III • Jan. 29, 2024 -
Photo by Scott Olson/Getty Images via Getty Images
Fruit of the Loom lays off more than 100 workers at distribution center
The innerwear and activewear manufacturer is closing one of its locations in South Carolina.
By Laurel Deppen • Jan. 26, 2024 -
Courtesy of REI Co-op
REI to lay off 357, including 200 at corporate headquarters
The move is the company’s third round of layoffs in less than 12 months.
By Nate Delesline III • Jan. 26, 2024 -
Daphne Howland/Retail Dive
Levi’s to lay off as much as 15% of its workforce
Incoming CEO Michelle Gass will oversee the ongoing pivot to DTC as the denim brand continues to struggle with its growth plans.
By Daphne Howland • Jan. 26, 2024
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