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Rob Walton ends long-standing tenure on Walmart board
The eldest son of founder Sam Walton has been with the company since 1969 — even longer if you count his job at his father’s original five-and-dime.
By Daphne Howland • April 26, 2024 -
Courtesy of Walgreens Boots Alliance
Walgreens, DoorDash partner to offer SNAP card payments
Thanks to the partnership, Walgreens will offer over 4,000 SNAP-eligible products for delivery within an hour.
By Tatiana Walk-Morris • April 26, 2024 -
Trendline
Retail's quest to improve the customer experience
From new store concepts to AI-enabled offerings, retailers are constantly shifting their approach to better cater to shopper needs.
By Retail Dive staff -
Catherine Douglas Moran/Retail Dive
Walmart removes self-checkout from select stores
The retailer joins Target, Dollar General and other chains in recalibrating its reliance on self-service and rethinking the checkout experience.
By Kristen Doerer • April 26, 2024 -
Cara Salpini/Retail Dive
Deckers Brands names president of global marketplace
Marco Ellerker is being promoted into the newly created position, following the company's record revenue growth in Q3.
By Suzette Parmley • April 26, 2024 -
Courtesy of Indochino
Indochino launches its first ready-to-wear suit collection
The custom suiting brand is going after convenience with the new line and said it plans to expand its ready-to-wear assortment in the future.
By Suzette Parmley • April 25, 2024 -
gorodenkoff via iStock
Retail industry groups voice concerns over imminent overtime pay changes
The National Retail Federation warned of harm to employers and employees alike, while the Retail Industry Leaders Association slammed a “legally dubious methodology to score political points.”
By Daphne Howland • April 25, 2024 -
New stores, comps drive Tractor Supply’s Q1 sales to $3.4B
The company is pressing forward with plans to open 80 stores and its 10th distribution center this year.
By Nate Delesline III • April 25, 2024 -
Courtesy of Forever 21
Forever 21 unveils first bridal capsule collection
The fast-fashion company is the most recent retailer to expand its product assortment into the wedding category.
By Tatiana Walk-Morris • April 25, 2024 -
Courtesy of Lovesac
Lovesac pares back inventory costs as it simplifies operations
Costs associated with inbound freight and warehousing costs dropped as the furniture company rolled out planning capabilities and simplified operations.
By S.L. Fuller • April 25, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: With more closures ahead, what’s next for Macy’s?
Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant.
By Retail Dive Staff • April 25, 2024 -
Courtesy of Hasbro
Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24%
Excluding the sale of its eOne division, revenue was still down 9% in Q1, but the toy manufacturer swung to a profit.
By Nate Delesline III • April 24, 2024 -
Courtesy of Foot Locker, Inc.
Foot Locker unveils new store concept in ‘critical year’
Chief Commercial Officer Frank Bracken told Retail Dive the new format fixes some old pain points, like a male-dominant experience, and also serves as a starting point for its fleetwide revamps.
By Cara Salpini • April 24, 2024 -
Courtesy of Abercrombie & Fitch
The turnaround of Abercrombie & Fitch is finally here
S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum.
By Daphne Howland • April 24, 2024 -
Catherine Douglas Moran/Retail Dive
Dom’s, Foxtrot cease operations
The companies “found no viable option despite good faith and exhaustive efforts,” Dom’s posted on its website.
By Catherine Douglas Moran , Brett Dworski • April 23, 2024 -
UK-based JD Sports to buy rival retailer Hibbett for $1.1B
The combined company would have a global portfolio of about 25 brands and North American revenue of about $5.9 billion.
By Nate Delesline III • April 23, 2024 -
Courtesy of Amazon
Amazon rolls out grocery subscription for Prime members, EBT customers
The new service, which has a monthly fee, offers free delivery on orders over $35 from Whole Foods, Amazon Fresh and grocers partnered with the e-tailer.
By Catherine Douglas Moran • April 23, 2024 -
Daphne Howland/Retail Dive
Shoppers under 18 at this Target store must be accompanied by an adult
Young customers at a Columbia Heights shopping center in Washington, D.C., need the presence of an adult.
By Kaarin Moore • April 23, 2024 -
Permission granted by Gensler
Wayfair’s first large-format store to open next month
The location in Wilmette, Illinois, will span 150,000 square feet — about 10 times the size of its other stores — and feature an on-site restaurant.
By Caroline Jansen • April 23, 2024 -
Courtesy of Big Lots
Big Lots uses headquarters mortgage to secure new financing
The retailer increased its borrowing capacity by up to $200 million and immediately drew down $50 million under the new loan.
By Nate Delesline III • April 23, 2024 -
Drew Angerer via Getty Images
FTC sues to block Tapestry’s $8.5B acquisition of Capri Holdings
The commission says the deal would prevent competition and give Tapestry a dominant share of the “accessible luxury” handbag market.
By Lara Ewen • April 23, 2024 -
Courtesy of Figs
Figs recycled over 40K healthcare professional’s scrubs in trade-in program
The “Scrubs That Don’t Suck” campaign launched April 1 and ends on Earth Day as the brand hit its participation goal.
By Suzette Parmley • April 22, 2024 -
Permission granted by Express
Express files Chapter 11, plans to close over 100 stores
All of the company’s UpWest stores will shutter as the retailer pursues a sale to WHP Global, Simon Property Group and Brookfield Properties.
By Nate Delesline III • April 22, 2024 -
Courtesy of Nike
Second phase of Nike layoffs to hit Oregon headquarters this summer
After the job cuts, effective June 28, about 740 employees will have been impacted in the retailer’s home state.
By Cara Salpini • April 22, 2024 -
Courtesy of Lowe's
Lowe’s taps DoorDash for on-demand deliveries
Products can be purchased directly on the DoorDash app and the move is a way to “reach new DIY customers,” the home improvement retailer said.
By Tatiana Walk-Morris • April 22, 2024 -
Courtesy of Thomas Bauer/Earthsight 2023
Cotton used by H&M and Zara linked to illegal deforestation: report
A year-long investigation by nonprofit Earthsight found that fiber certified by ethical supply chain organization Better Cotton was grown on "stolen" and "deforested" land in Brazil.
By Lauren Schenkman • April 22, 2024
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