The Weekly Closeout: Layoffs at The Children’s Place and inflation dips to lowest levels since March 2021

The kids retailer said it’s ending the lease on its New Jersey headquarters, and in June the consumer price index rose just 3% year over year. 

By Retail Dive Staff • July 14, 2023

Designers sue Shein for copyright infringement under racketeering laws

The RICO statute could help plaintiffs wrestle with the e-commerce giant’s unusual corporate structure and production strategy, experts say. 

By Daphne Howland • July 14, 2023

Explore the Trendline➔

How retailers are deploying in-store technology

Payment systems, self-checkout stations and home visualization tech are just a few of the areas getting attention from retailers as they rethink the store experience.

By Retail Dive staff

Madison Reed hires chief revenue officer

The hair color company and salon owner has brought on Angela Jaskolski, who has previous experience at Aveda and the Regis Corporation.

By Howard Ruben • July 14, 2023

Walgreens closing e-commerce distribution center in Illinois

The company will lay off 393 employees on or around Aug. 28, according to a WARN notice.

By Max Garland • July 14, 2023

Bankruptcy judge OKs sale of BuyBuy Baby brand and digital assets for $15.5M

The distressed retailer’s brick-and-mortar stores are now slated to close after no bids materialized to keep them open.

By Nate Delesline III • July 12, 2023

Amazon deliveries made by Rivian EVs surge to 150M

The e-commerce giant has deployed over 5,000 custom Rivian EVs as it works to decarbonize its fleet.

By Alejandra Carranza • July 12, 2023

Hanesbrands promotes interim CFO to permanent seat

Scott Lewis, a 17-year company veteran, has been at the financial helm of Hanesbrands on an interim basis since the former CFO Michael Dastugue stepped down for family reasons in January.

By Elizabeth Flood • July 12, 2023

Meati’s wide-scale retail launch is here with Dots distribution deal

The brand’s addition to Dot Foods’ catalog is not just a big win for Meati — it’s a sign that alternative proteins are moving into their next phase of ubiquity. 

By Rose Palazzolo • July 12, 2023

Senators take aim at Bed Bath & Beyond stock buybacks, lack of worker severance

Democratic lawmakers Cory Booker and Elizabeth Warren criticized the retailer for spending $11.8 billion in buybacks since 2004 and are questioning the company's worker severance practices. 

By Nate Delesline III • July 11, 2023

Retail defaults set to jump this year, Moody’s says

Retailers without adequate financial cushion are especially vulnerable amid weak consumer spending and elevated costs, the analysts said.

By Daphne Howland • July 11, 2023

Designer Brands names DSW president

Laura Denk, who comes to the company from Michaels, will oversee owned brands — a major focus for the shoe retailer. 

By Kaarin Moore • July 11, 2023

EBay Vault adds submission service for valuable trading cards

The storage facility, which expects to hold up to $3 billion in assets in the next few years, will accept eligible cards valued at $250 or more.

By Tatiana Walk-Morris • July 10, 2023

Tuesday Morning moves to convert its bankruptcy to Chapter 7

The half-century-old off-pricer, which exited a Chapter 11 process just two years before filing again this year, had already moved to liquidate.

By Daphne Howland • July 10, 2023

Dollar General has racked up $21M in OSHA penalties since 2017. It’s paid $4M.

The retailer discounts the importance of in-store safety, the regulatory agency says, and was named a severe violator this fall.

By Nate Delesline III • July 10, 2023

Ace Hardware announces Kansas City, Missouri, distribution center

The planned facility is expected to enhance the company’s inventory capacity while meeting higher demand.

By Alejandra Carranza • July 10, 2023

Affirm to shutter Returnly

Two years after purchasing Returnly for $300 million, Affirm said it’s divesting the returns management platform business.

By Caitlin Mullen • July 10, 2023

BuyBuy Baby stores likely closing after no buyers step forward

But the retailer’s brand name will probably live on after a New Jersey-based company bid on its intellectual property.

By Nate Delesline III • July 7, 2023

Levi’s slashes guidance as lower-income consumers grow more price sensitive

While demand for denim remains strong, financial pressures on some households led to declines in the U.S., the brand’s largest market.

By Daphne Howland • July 7, 2023

Christmas Tree Shops to shutter 72 remaining stores

Liquidation sales have already begun as the 1950s-era business winds down its footprint in bankruptcy.

By Cara Salpini • July 7, 2023

The Weekly Closeout: Snoop Doggie Doggs adds wholesale partners as the FTC takes on sponsored posts

The celebrity pet brand can now be found at retailers like Kohl’s and Petco, while the FTC is cracking down on deceptive endorsements and reviews.

By Retail Dive Staff • July 7, 2023

Serta Simmons plans to refresh the majority of its products as it exits bankruptcy

As part of a turnaround strategy, the bedding manufacturer will also invest in marketing and supply chain initiatives.

By Nate Delesline III • July 6, 2023

Bath & Body Works reformulates hand soaps, offers refills

The retailer, famous for its candles, has shaken up its assortment and its C-suite since former Unilever executive Gina Boswell became CEO last year.

By Daphne Howland • July 6, 2023

Brooks steps into resale

The running brand will refurbish and resell used gear starting at 35% off across three quality levels: Like New, Great and Good.

By Tatiana Walk-Morris • July 6, 2023

EPA releases new guidelines on forever chemicals

The framework seeks to prevent harmful PFAS from reaching consumers, as manufacturers begin to phase out these chemicals used in stain- and water-resistant textiles.

By Laurel Deppen • July 6, 2023

Shein exec talks transparency, sustainability and the afterlife of clothing

Peter Pernot-Day, global head of strategy and corporate affairs, says circularity is key when it comes to the company’s future.

By Lara Ewen • July 6, 2023