The Weekly Closeout: Wilson opens on the West Coast and Revlon emerges from bankruptcy

Wilson Sporting Goods opened its latest location in Santa Monica while Revlon is now owned by its former lenders. 

By Retail Dive Staff • May 5, 2023

Bed Bath & Beyond owes over $95M to these 14 vendors in its supply chain

The bankrupt retailer has big trade debts to numerous suppliers as well as transportation and other service providers.

By Ben Unglesbee • May 5, 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

Shopify reports $1.5B in revenue, lays off 20% of workforce

The company is also selling off its logistics business to Flexport, which will become Shopify's official logistics partner.

By Nate Delesline III • May 4, 2023

Foot Locker to sell HeyDude footwear

Crocs-owned HeyDude will be sold in 450 Foot Locker, Champs Sports and Kids Foot Locker stores, with plans for global expansion. 

By Tatiana Walk-Morris • May 4, 2023

Guess taps Hugo Boss alum for CFO seat

The appointment of Markus Neubrand, a former CFO of Hugo Boss Americas, follows a “rigorous” search process, Guess CEO Carlos Alberini said.

By Alexei Alexis • May 4, 2023

Farfetch launches European commercial partnership with Reebok

The new digital platforms are part of a larger plan by Reebok owner Authentic Brands Group to reposition its European e-commerce sites and expand its luxury product offerings.

By Lara Ewen • May 4, 2023

Nordstrom to shutter its downtown San Francisco stores

The retailer has run its full-line store at the Westfield San Francisco Shopping Centre for 35 years, and its off-price Rack across the street for nine.

By Daphne Howland • May 4, 2023

J.C. Penney profits tumbled last year, as sales edged down

The department store’s investments are hitting its bottom line, but could fuel its comeback, according to owner Simon Property Group’s CEO.

By Daphne Howland • May 3, 2023

Gibson Brands CEO exits

James Curleigh, who has led the company since 2018, will depart while brand president Cesar Gueikian was named interim chief. 

By Nate Delesline III • May 3, 2023

The Athlete’s Foot opens local store concept in Atlanta

The company is doubling down on customer engagement while expanding its hyper-local products.

By Tatiana Walk-Morris • May 3, 2023

Simon Property ownership in retailers could end in 5 to 10 years, CEO says

David Simon still sees growth potential in the retailers owned by the mall REIT, though that portfolio swung to a loss in Q1.

By Daphne Howland • May 3, 2023

What’s behind Walmart’s DTC selloffs?

The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos.

By Dani James • May 3, 2023

PVH launches supplier finance program tied to sustainability goals

Vendors for the apparel company can get discounts on loans if they hit environmental and social targets.

By Ben Unglesbee • May 2, 2023

Francesca’s snaps up basics brand Richer Poorer

Two years out of bankruptcy and under private equity ownership, the mall-based retailer said it’s on the lookout for more acquisitions.

By Daphne Howland • May 2, 2023

Dollar Tree hires Dollar General vet as chief supply chain officer

Mike Kindy joins the company with more than a decade of experience at its rival.

By Nate Delesline III • May 2, 2023

Toys R Us specter looms over Bed Bath & Beyond

The home-goods retailer’s mixed signals remind some of Toys R Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.

By Maura Webber Sadovi • May 2, 2023

The Container Store, ThredUp partner on ‘Closet Clean Out’ resale program

The effort allows customers to resell gently worn items for shopping credit at The Container Store. 

By Tatiana Walk-Morris • May 2, 2023

Tuesday Morning is going out of business after 49 years

The discount retailer is working to close its remaining stores after a federal bankruptcy judge approved Hilco Global's $32 million offer.

By Nate Delesline III • May 1, 2023

Nordstrom cuts tech workforce

The layoffs come weeks after the company named a new chief technology and information officer. 

By Kaarin Moore • May 1, 2023

Revlon, ready to exit Chapter 11, fills incoming board with former beauty retail execs

The cosmetics company says it will emerge from bankruptcy some time this week, under private ownership of several private equity firms.

By Daphne Howland • May 1, 2023

Anthropologie Group shuffles leadership team as it preps for growth

The retailer promoted two executives to oversee aspects of its wedding business, and brought in a third to lead Home and Terrain.

By Tatiana Walk-Morris • May 1, 2023

The Inkey List appoints new CEO

Stephanie Davis Michelman takes on the chief executive position, while co-founders Colette Laxton and Mark Curry maintain active roles.

By Dani James • May 1, 2023

Ikea banks on new store formats to sustain success

The home and furniture retailer says eight in 10 people start their buying journey through e-commerce.

By Nate Delesline III • May 1, 2023

Amazon to slow fulfillment spend as it prioritizes regional model

The e-commerce giant is “bullish on the early results” of its shift away from operating one massive network. 

By Sarah Zimmerman • May 1, 2023

S&P downgrades luxury furniture retailer RH

The company said it’s expanding into other sectors to diversify its revenue streams amid weakened home-related discretionary spending.

By Nate Delesline III • April 28, 2023