Operations: Page 71


  • A sign reading "Coach New York" is pictured outside of a Coach storefront. The sign features the Coach logo, a horse drawn carriage.
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    Spencer Platt/Getty Images via Getty Images
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    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 storefront.
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    Kaarin Vembar/Retail Dive
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    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
  • 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
  • The banner above an entrance to a RadioShack store.
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    "radioshack" by Ryan McKnight is licensed under CC BY 2.0
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    RadioShack under new ownership again

    Unicomer Group has taken over from Retail Ecommerce Ventures, which first acquired the retailer's IP in 2020.

    By Aug. 17, 2023
  • Two Amazon-branded credit cards in front of the Amazon checkout page displayed on a mobile phone.
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    Permission granted by Amazon.

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    Amazon expands BNPL offering to other retailers’ sites

    Tens of thousands of retailers with the Amazon Pay checkout option can now offer buy now, pay later financing to shoppers.

    By James Pothen • Aug. 17, 2023
  • Solar power station and solar energy panels on the green field in Chester, New Jersey.
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    Alex Potemkin via Getty Images
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    Deep Dive

    Who will pay to decarbonize the supply chain?

    Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

    By Aug. 17, 2023
  • A big box store with a red storefront decorated with a white target sits against a bright blue sky. A walk sign is on the lower right.
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    Daphne Howland/Retail Dive
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    Target’s Q2 profits beat expectations despite soft sales

    The retailer also acknowledged controversy over its Pride month assortment affected performance.

    By Nate Delesline III • Aug. 16, 2023
  • Four birch trees to left of a light brick wall with a red star and a "Macy's" sign, with a small row of bushes in snow.
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    Daphne Howland/Retail Dive
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    Macy’s names chief customer and digital officer

    Massimo Magni, who has over 20 years of experience with McKinsey & Company, joins the retailer as it is investing billions in technology.

    By Aug. 16, 2023
  • A person window shops at store at a street corner. An orange corner is parked on the right, next to a stop sign.
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    Courtesy of Gap Inc.
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    Deep Dive

    What Gap Inc. needs from its new CEO

    Longtime Mattel executive Richard Dickson is taking the reins of an apparel conglomerate — whose brands all need some help.

    By Aug. 16, 2023
  • Two shelves of Grove Collaborative products.
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    Courtesy of Grove Collaborative
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    Grove Collaborative co-founder out as CEO

    Stuart Landesberg will exit the chief executive role Wednesday, being succeeded by former Zulily and Shopbop CEO Jeff Yurcisin.

    By Aug. 15, 2023
  • Outside storefront image of The Home Depot
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    Courtesy of The Home Depot
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    Home Depot positive on full year as Q2 beats expectations

    Although sales of big-ticket items are down, the retailer is expanding its offering in the hand tools, kitchen and bath sectors.

    By Nate Delesline III • Aug. 15, 2023
  • Destination XL extends CEO’s contract

    Harvey Kanter will stay with the company as its president and chief executive through August 2026.

    By Aug. 15, 2023
  • Columbia rehires Canada Goose exec for chief product officer

    Woody Blackford was with Columbia for 14 years before joining rival outerwear firm Canada Goose in 2020.

    By Laurel Deppen • Aug. 15, 2023
  • An image of a Serta Simmons bed in a bedroom with jute rug in the foreground, window and plant in the background.
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    Courtesy of Serta Simmons Bedding
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    Serta Simmons Bedding names COO amid turnaround

    The company appointed a number of new executives this summer after it filed for bankruptcy at the start of the year. 

    By Aug. 14, 2023
  • Neiman Marcus store in Friendship Heights, Maryland
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    Daphne Howland/Retail Dive
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    Neiman Marcus cuts corporate staff to boost cross-functional collaboration

    The department store said less than 1% of its workforce is affected by the latest layoffs as it continues to implement a strategy unveiled in February.

    By Aug. 14, 2023
  • A hand wearing a purple rubber glove holds up a petri dish.
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    Courtesy of Amyris
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    Consumer product maker Amyris files for bankruptcy, lays off another 260 workers

    The biotech company’s entire portfolio of brands, which includes JVN, Biossance and Rose Inc., is also up for sale.

    By Aug. 11, 2023
  • Textile factory
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    Guang Niu via Getty Images
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    Fashion execs plan more reductions in sourcing from China in 2023: report

    Nearly 80% are scaling back, and a record 15% aim to “strongly decrease” their reliance on the country, according to a U.S. Fashion Industry Association study.

    By Aug. 11, 2023
  • Four Wolverine/Halo boots on display
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    Permission granted by Wolverine Worldwide
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    Wolverine Worldwide fires CEO as company reports weak Q2

    The shoe and apparel company has moved to strengthen and reorganize its brand portfolio in recent years.

    By Nate Delesline III • Aug. 10, 2023
  • A Michael Kors storefront.
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    Daphne Howland/Retail Dive
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    Tapestry agrees to buy rival fashion house Capri for $8.5B

    The Michael Kors brand has already emerged as a problem to solve, at what will be the fourth largest luxury house in the world.

    By Aug. 10, 2023
  • Wayfair headquarters in Boston.
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    Permission granted by Wayfair
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    Wayfair’s suppliers are ‘reverting to normal’: CEO

    Stock levels for many home goods vendors have reached healthy levels after peaking last year, while product introductions are at their highest in three years.

    By Aug. 10, 2023
  • Closeup image of tan alternative leather product.
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    Courtesy of Pol Rebaque/MycoWorks
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    MycoWorks releases details on new commercial-scale plant

    The mushroom biofiber firm’s 136,000-square-foot facility, set to begin operating in September, could supply millions of square feet of its Reishi leather alternative.

    By Lara Ewen • Aug. 10, 2023
  • Two ThredUp boxes sitting on top of each other on a bed, with a teal sweater next to them.
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    Courtesy of ThredUp
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    ThredUp, The RealReal take different paths to profitability

    Both online resale companies are focusing more on consignment and are exploring other, higher-margin revenue streams as well.

    By Aug. 9, 2023
  • Two people standing with Topo Design luggage products.
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    Permission granted by Topo Designs
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    Topo Designs taps company vet as CEO

    The outdoor apparel brand appointed the brand’s chief operating officer, Matt Williams, as its chief executive, succeeding co-founder Mark Hansen.

    By Howard Ruben • Aug. 9, 2023
  • A person in a car accepts a curbside Starbucks order at Target
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    Permission granted by Target
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    Target to expand Starbucks curbside pickup service nationwide

    The retailer is leaning in on providing a more full-service curbside experience for customers. 

    By Nate Delesline III • Aug. 9, 2023
  • A Madewell sign sticks out from a brick building against a blue sky.
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    Daphne Howland/Retail Dive
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    J. Crew taps apparel veteran Adrienne Lazarus to lead Madewell

    Most recently Lazarus co-led DTC intimates brand Cuup, and has held leadership roles at Intermix, Ann Taylor, Bandier and Frye.

    By Aug. 9, 2023
  • A Rite Aid store location.
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    Courtesy of Amazon
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    Rite Aid CTO out as new chief marketer joins

    Justin Mennen left the company at the end of July. Meanwhile, the retailer named a new chief marketing officer as well as a chief information officer.

    By Nate Delesline III • Aug. 9, 2023