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 Daphne Howland • Aug. 10, 2023

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 Ben Unglesbee • Aug. 10, 2023

Explore the Trendline➔

Digital innovation and technology trends in retail

Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.

By Retail Dive staff

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

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 Daphne Howland • Aug. 9, 2023

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

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

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 Daphne Howland • Aug. 9, 2023

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

Amazon sets a second Prime sale for October, again

Last year the e-commerce giant also upended the holiday shopping calendar with its early event.

By Daphne Howland • Aug. 8, 2023

Staples taps DoorDash for same-day delivery

Just in time for back-to-school season, nearly 1,000 Staples locations are now available on the DoorDash marketplace. 

By Tatiana Walk-Morris • Aug. 8, 2023

Amazon’s frictionless checkout powers Pittsburgh campus c-store

Although its Just Walk Out technology has yet to take off at retail locations, the company is having some success connecting with universities.

By Jeff Wells • Aug. 8, 2023

Rally House opens 7 stores in one weekend

The family-owned sports and merchandise retailer says it now has more than 160 stores in 17 states.

By Nate Delesline III • Aug. 7, 2023

Seizing momentum, L.L. Bean expands store fleet, wholesale

The outdoor retailer will open two stores in New England and two in Canada, and is partnering with Dillard’s, Moosejaw and 10 independent shops.

By Daphne Howland • Aug. 7, 2023

Funko lays off 12% of workforce

The staff cuts affect 180 employees and come as the company, known for its pop-culture-inspired figures and collectibles, reported sales fell 24% in Q2.

By Howard Ruben • Aug. 7, 2023

Levi Strauss strengthens East Coast e-commerce fulfillment with Kentucky facility

The 575,700-square-foot facility aims to lower lead times and optimize inventory positioning.

By Alejandra Carranza • Aug. 7, 2023

Overstock attracts new suppliers with Bed Bath & Beyond rebrand

The retailer has increased its SKU count by 600,000 since it bought the chain’s intellectual property out of bankruptcy.

By Ben Unglesbee • Aug. 7, 2023

Amazon’s Q2 online retail sales beat forecast

CEO Andy Jassy said the company remains focused on lowering costs without sacrificing delivery speed.

By Nate Delesline III • Aug. 4, 2023

The Weekly Closeout: Ulta CEO joins Best Buy’s board, while Petco plans for Halloween

Dave Kimbell comes in with deep specialty retail experience. Meanwhile, the pet retailer has already released a collection for the upcoming holiday.

By Retail Dive Staff • Aug. 4, 2023

Arc’teryx opens New York City store at Brookfield Place

The store is the Canadian-based outdoor retailer’s fourth location in the city and adds to the brand’s growing brick-and-mortar presence.

By Howard Ruben • Aug. 4, 2023

UpWest to open 3 new stores

The DTC brand’s brick-and-mortar locations are attracting new customers and digital sales in surrounding ZIP codes, according to executives. 

By Tatiana Walk-Morris • Aug. 4, 2023

Simon Property Group says its retail portfolio is worth $3.5B

CEO David Simon didn’t spell out how the valuation was determined, but net operating income from the holdings fell 57% in Q2.

By Daphne Howland • Aug. 3, 2023

Macy’s chief supply chain officer exits

Dennis Mullahy, who joined the department store from crafting retailer Michaels, stepped down in July after four years in the role.

By Nate Delesline III • Aug. 3, 2023

Forrester predicts offline retail sales will surpass $4 trillion by 2028

Though e-commerce has grown during the COVID-19 pandemic, brick-and-mortar stores remain a crucial, yet challenging part of retailers’ strategies.

By Tatiana Walk-Morris • Aug. 3, 2023

American Eagle Outfitters COO to exit

Michael Rempell is leaving the retailer after 23 years in a planned leadership transition. Meanwhile, the company raised its Q2 forecast.

By Kaarin Moore • Aug. 3, 2023

Hot Topic hit by spree of cyberattacks

The U.S. retail chain doesn’t yet know what personal information was compromised or accessed by the threat actor.

By Matt Kapko • Aug. 3, 2023