The Weekly Closeout: Puma’s CEO overhauls marketing, Fanatics acquires Fexpro

The athletics retailer underwent a reorg in its marketing division, while Fanatics bought the Latin America-based sports wholesaler. 

By Retail Dive Staff • June 16, 2023

Walmart opens high-tech fulfillment center in Indiana

The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.

By Nate Delesline III • June 16, 2023

Explore the Trendline➔

A look at the 2025 holiday season

From price-conscious shoppers to ever-changing tariffs, retailers have a lot to juggle this holiday season.

By Retail Dive staff

Andy Dunn back at Bonobos in advisory role

Walmart, which had hired Dunn to oversee its digital brands after it acquired the DTC menswear label in 2017, unloaded it in April for $75 million.

By Daphne Howland • June 16, 2023

Saks Off 5th names chiefs for marketing, merchandising

Mara Sirhal joins from Bed Bath & Beyond as chief merchant and brand president, while Sara Griffin will become chief marketing and analytics officer.

By Nate Delesline III • June 16, 2023

REI to open Re/Supply resale store in Oregon

REI members will be able to shop for used gear as part of the retailer’s goals to keep outdoor products in circulation. 

By Tatiana Walk-Morris • June 16, 2023

Duluth Trading to lean on new fulfillment center during peak season

The workwear retailer expects more than half of its direct orders will be handled by the Georgia facility in Q4.

By Max Garland • June 16, 2023

Shoe company Rockport files for bankruptcy for second time in 5 years

The company says high overhead costs and weakened demand for its core products due to the COVID-19 pandemic contributed to an untenable financial situation.

By Nate Delesline III • June 15, 2023

Walmart suppliers reach 75% of emissions goal

Project Gigaton aims to reduce the retailer's indirect climate footprint and so far has helped cut or avoid 750 million metric tons of carbon emissions.

By Ben Unglesbee • June 15, 2023

8 questions with Momofuku CEO Marguerite Zabar Mariscal

The executive discusses her rise from intern to CEO of the popular restaurant group and, more recently, the company’s expanding CPG business.

By Judy McGuire • June 15, 2023

New York AG says Target pulling Pride items was ‘wrong’

In a letter to CEO Brian Cornell, New York Attorney General Letitia James and 14 lawmakers urged “courage” in the face of rising attacks on LGBTQ+ rights.

By Daphne Howland • June 14, 2023

Puma’s global brand chief to exit amid marketing reorganization

As part of the restructuring, the athletic brand is moving its marketing organization from Boston to Germany.

By Nate Delesline III • June 14, 2023

Stitch Fix taps Macy’s digital chief as CEO

Matt Baer oversaw initiatives like Macy’s new third-party marketplace. He got his start in retail at the family business, Baers Furniture.

By Daphne Howland • June 14, 2023

Deliveries keep getting faster. Will it last?

Shippers adjusted to pandemic-related disruptions to reach customers faster. But shifting shopper preferences and cost-cutting efforts may slow things down.

By Max Garland • June 14, 2023

Sweaty Betty appoints new brand president

Melissa Mullen succeeds former CEO Julia Straus just a few months after Wolverine World Wide announced strategic changes to the athletic brand.

By Dani James • June 13, 2023

Target stores safe after a series of bomb threats

In Oklahoma City, messages reportedly invoked the 1995 domestic terrorist attack on the Alfred P. Murrah Federal Building.

By Daphne Howland • June 13, 2023

Ring Concierge names first chief marketing officer

Neda Whitney joins the DTC jewelry company from Christie's where she served as its head of marketing for the Americas.

By Caroline Jansen • June 13, 2023

Instant Pot parent company files for Chapter 11 bankruptcy

The Illinois-based company owes tens of millions to suppliers, but plans to stay in business, according to federal court filings.

By Nate Delesline III • June 13, 2023

Westfield is handing over the keys to San Francisco Centre mall

Following Nordstrom’s plan to exit, and as part of its own plans to reduce its U.S. holdings, Westfield will transfer the property to its lender.

By Daphne Howland • June 13, 2023

Chico’s promotes company veteran to CFO post

David Oliver will take over the position from Patrick Guido, who accepted a role with another company, on June 24.

By Cara Salpini • June 13, 2023

PayPal revamps SMB approach

The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.

By Lynne Marek • June 13, 2023

New York City’s retail employment continues to lag

Even hard-hit restaurants have bounced back faster, with areas dependent on tourists and office workers in the worst shape, according to a new report.

By Daphne Howland • June 12, 2023

Ollie’s raises outlook, plans to open 45 new stores in 2023

The closeout-oriented retailer said it may expand its mix of directly sourced merchandise as its store footprint grows. 

By Nate Delesline III • June 12, 2023

Wawa and 7-Eleven recently split their president and CEO roles. Here’s why that’s significant.

The move is becoming increasingly common among large, complex companies and those growing rapidly, according to an expert on corporate leadership.

By Brett Dworski • June 12, 2023

Macy’s doubles down on inventory discipline as demand falters

Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

By Ben Unglesbee • June 12, 2023

How Starbucks builds customer relationships to improve bottom-line figures

Building a brand that resonates with its customers on many levels rarely happens organically. Discover how Starbucks creates loyal customers through innovative customer relationship strategies.

June 12, 2023