Operations: Page 70
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Tractor Supply looks to attract small business suppliers
In an effort to support local businesses, the retailer is opening applications to bring in suppliers in categories like lawn and garden and home decor.
By Tatiana Walk-Morris • Aug. 24, 2023 -
Macy’s inventory churn holds steady in Q2
The retailer has focused on merchandise management as it works to maintain margins amid reduced consumer spending.
By Ben Unglesbee • Aug. 24, 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 -
Ghost raises $30M to help brands, retailers move surplus inventory
The members-only B2B marketplace allows sellers to monetize their surplus inventory to vetted buyers.
By Tatiana Walk-Morris • Aug. 24, 2023 -
Bath & Body Works loyalty members now make up 75% of US sales
The program has ballooned to 38 million members in one year. The retailer also opened 30 new off-mall stores in Q2 as it looks for growth.
By Nate Delesline III • Aug. 23, 2023 -
Kohl’s Q2 profits plunge 60%
Tight cost control helped keep the department store in the black. But sales fell and customers remain under pressure.
By Daphne Howland • Aug. 23, 2023 -
Lowe’s to give $100M in bonuses to frontline workers
The home improvement retailer is maintaining its full-year guidance after it beat earnings expectations.
By Nate Delesline III • Aug. 22, 2023 -
Macy’s swings to a loss in Q2 as consumer situation deteriorates
Credit card delinquencies took an $84 million bite out of revenue, but sales fell in stores and online as well.
By Daphne Howland • Aug. 22, 2023 -
Dick’s cuts jobs as theft takes a bite out of profit
The athletics retailer rolled out a business optimization plan to streamline its cost structure, while executives called theft an “increasingly serious issue.”
By Cara Salpini • Aug. 22, 2023 -
Away lays off 22, including chief commercial officer
To better align with its growth strategy, the travel brand in May reduced its workforce, including CCO Laura Willensky.
By Dani James • Aug. 22, 2023 -
Retail leaders struggle to find budget for emerging tech goals, study finds
Industry leaders want broader adoption of emerging technologies, but concerns over cost and finding business value stand in their way.
By Roberto Torres • Aug. 22, 2023 -
Lee, Wrangler parent taps new CFO
Kontoor Brands has named Joe Alkire to the finance post as CFO Rustin Welton retires. The company also recently reduced its global workforce.
By Maura Webber Sadovi • Aug. 22, 2023 -
QVC expands private label to include adaptive clothing
The Denim & Co. Adaptive brand is an addition to QVC’s accessible and adaptive category that launched in March.
By Xanayra Marin-Lopez • Aug. 22, 2023 -
Amazon Shipping relaunches, offering sellers delivery on outside channels
The service can deliver goods in two to five business days for shipments within the contiguous U.S.
By Max Garland • Aug. 22, 2023 -
Boxed acquired by MSG Distributors
The regional distributor of consumables and household products said it will work to continue serving Boxed’s customers, vendors and brands.
By Peyton Bigora • Aug. 22, 2023 -
Reebok opens its first full-line store in Mexico
The brand is attempting a comeback since Adidas sold it at a major loss to Authentic Brands Group two years ago.
By Daphne Howland • Aug. 21, 2023 -
Skechers signs Harry Kane, plans soccer debut
The footwear company will launch its first soccer cleat, the SKX_01, in the U.K. and Europe in September.
By Cara Salpini • Aug. 21, 2023 -
Happy Socks appoints new CEO
Alexander Meyer comes to the company from The Bay, where he served as chief customer officer.
By Dani James • Aug. 21, 2023 -
Sponsored by Honeywell International
Gaining store-level insights to help reduce energy use
Companies worldwide are establishing sustainability goals – typically focused on reducing energy consumption thus improving their carbon footprint.
Aug. 21, 2023 -
Column
The Weekly Closeout: Target faces ESG lawsuit, BeautyStat names chief marketing officer
The suit filed by a Target stockholder alleges that the retailer misled shareholders over the effect its ESG efforts would have on its performance.
By Retail Dive Staff • Aug. 18, 2023 -
Petco expands DoorDash partnership, enhances app
Over 10,000 of the retailer’s products for pets including dogs, cats, fish, reptiles and birds are available on DoorDash Marketplace.
By Tatiana Walk-Morris • Aug. 18, 2023 -
Christmas Tree Shops to liquidate under Chapter 7
The retailer’s bankruptcy was converted from Chapter 11 this week, with the judge stepping in to prioritize paying store employee wages.
By Daphne Howland • Aug. 18, 2023 -
Express plans layoffs, reverse stock split
The apparel retailer, which is cutting 150 jobs, said it continues to take action to improve long-term growth.
By Nate Delesline III • Aug. 18, 2023 -
Tapestry revenues decline in North America
Coach, Tapestry’s largest brand, was the highest performer during the quarter, and it showed a 3% sales increase to $1.2 billion.
By Laurel Deppen • Aug. 18, 2023 -
Walmart raises guidance after solid Q2
Consumers continue to rely on the retailer for essentials but its CEO sees opportunity to drive discretionary buys.
By Nate Delesline III • Aug. 17, 2023 -
RadioShack under new ownership again
Unicomer Group has taken over from Retail Ecommerce Ventures, which first acquired the retailer's IP in 2020.
By Daphne Howland • Aug. 17, 2023