Retail reuse solutions: Pact Retail Accessories

Pact supports platforms for hangers, security tags and polymer boxes that allow its partners to achieve reuse rates of over 90% in many cases.

May 30, 2023

The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale

The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.

By Retail Dive Staff • May 26, 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

Ulta to put fragrance behind locked cabinets in 70% of stores thanks to increased theft

The beauty retailer, with Q1 sales growth topping 12%, said it’s investing in security guards and police presence in parking lots to deter crime.

By Cara Salpini • May 26, 2023

Gap Inc. losses shrink in Q1 as sales continue to slide

Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.

By Daphne Howland • May 26, 2023

Journeys to close 100 stores this year, move away from malls

The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.

By Tatiana Walk-Morris • May 26, 2023

QVC parent company sells Zulily to investment firm

Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy. 

By Nate Delesline III • May 26, 2023

Best Buy CEO: ‘2023 will be the bottom’ for falling electronics sales

Profits and revenue declined in Q1, driven by falling computer, appliance, home theater and mobile phone sales, executives said Thursday.

By Daphne Howland • May 25, 2023

In massive executive shuffle, Nike names new Jordan president

Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.

By Cara Salpini • May 25, 2023

Dollar General creates new role focused on emerging markets

Steve Deckard, who joined the retailer in 2006, will oversee the company’s Mi Súper Dollar General in Mexico, Popshelf and DG Well Being initiatives.

By Tatiana Walk-Morris • May 25, 2023

Citing progress in Q1, Kohl’s will open new stores, avoid closures

The department store is working on its turnaround this year, leaning heavily on its Sephora partnership to drive sales and traffic.

By Daphne Howland • May 24, 2023

Express closes on Bonobos acquisition as sales fall 15%

The apparel retailer has hired advisers to help it cut costs as losses pile up.

By Nate Delesline III • May 24, 2023

Dick’s plans 9 House of Sport stores in 2023 as sales rise 5.3%

Unlike Foot Locker, the sporting goods retailer said its consumer is holding up well as it reaffirmed its full-year outlook.

By Cara Salpini • May 24, 2023

Textile recycling, reuse missing from FTC’s Green Guides, group says

Companies and advocates in the textile and fashion industries are urging the Federal Trade Commission to add the issue to its ongoing workshops.

By Daphne Howland • May 23, 2023

Walmart opens store-based fulfillment center in Arkansas

The facility will help the retailer boost order throughput via a proprietary storage and retrieval system.

By Max Garland • May 23, 2023

BJ’s CIO to depart after 6 years

The club retailer is losing longtime EVP and CIO Scott Kessler, effective Friday. 

By Lindsey Wilkinson • May 23, 2023

Target’s delivery operations evolve with improved capacity, loading speeds

The retailer is testing high-capacity vans that can deliver nearly five times as many packages as sedans.

By Max Garland • May 23, 2023

Digital Brands Group sees potential for 50 retail stores

Thanks mostly to its acquisition of women's apparel brand Sundry, the direct-to-consumer company reported a net revenue increase of 48% in Q1.

By Dani James • May 22, 2023

Adidas to resume selling Yeezy products at the end of May

It’s the first time the products have been up for sale since Adidas broke ties with Kanye West, also known as Ye, in October.

By Cara Salpini • May 22, 2023

The Container Store announces layoffs

The retailer employs over 5,000 people, but would not disclose the number of jobs impacted. 

By Kaarin Moore • May 22, 2023

Belk opens 10 more outlet locations in May

The regional department store is expanding its off-price concept with openings in Florida, Georgia, Louisiana and other states.

By Tatiana Walk-Morris • May 22, 2023

Bath & Body Works will launch hair care products in 560 stores this summer

The chain is looking for ways to grow and find new customers as its booming pandemic-related sales subside.

By Daphne Howland • May 19, 2023

Foot Locker sales fall 11% as consumers pull back on spending

Planning for larger declines than anticipated, the retailer slashed its full-year guidance and brought on a Kohl’s veteran as chief financial officer.

By Cara Salpini • May 19, 2023

Five Below expanding in Simon-owned centers

The youth-focused discount retailer plans to open 9 new spots at locations owned by Simon this year.

By Nate Delesline III • May 19, 2023

Pacsun names CEO

Co-CEO Brie Olson was named to the top role, while CFO Russell Bowers will take on the additional position of COO. 

By Tatiana Walk-Morris • May 19, 2023

B. Riley acquires equity interest in Scotch & Soda through Bluestar

The arrangement solidifies financial ties between the financial group and the brand management company, and adds to a growing stable of fashion labels under their control.

By Lara Ewen • May 19, 2023