Operations: Page 89
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Beyond Meat slashes workforce as business model is under fire
The plant-based giant, which is laying off 19% of its non-production workforce, continues to face headwinds as consumers prioritize affordability.
By Elizabeth Flood • Nov. 6, 2023 -
Figs opens first brick-and-mortar store
The DTC healthcare apparel brand opened an LA shop, announced plans for a second location in Philadelphia and raised its full-year outlook.
By Dani James • Nov. 3, 2023 -
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 -
"Nordstrom wing of the Fashion Centre at Pentagon City" by Ben Schumin is licensed under CC BY-SA 2.0
ColumnThe Weekly Closeout: Christy Sports overhauls its C-suite, Simon malls to close on Thanksgiving
The outdoor retailer named a number of top positions, including CEO, while the REIT will shut most of its doors on the holiday.
By Retail Dive Staff • Nov. 3, 2023 -
Amazon closing brick-and-mortar apparel stores
The closures involve just two locations, but represent a further retreat from non-grocery brick-and-mortar retail.
By Daphne Howland • Nov. 2, 2023 -
CosRx acquired after Amorepacific takes controlling stake
The beauty brand will be integrated as a subsidiary of Amorepacific, which also houses brands like Laneige, Sulwhasoo and Innisfree.
By Caroline Jansen • Nov. 2, 2023 -
Retrieved from Walmart on October 27, 2023
Walmart opens third ‘next gen’ fulfillment center in Texas
The 1.5-million square-foot facility will enable faster delivery as the retailer prepares for the holiday season.
By Alejandra Carranza • Nov. 2, 2023 -
Walgreens appoints new CIO as leadership transition continues
Neal Sample, first appointed in an adviser capacity in October, will report to CEO Tim Wentworth as EVP and CIO.
By Roberto Torres • Nov. 2, 2023 -
Amazon tweaks tech to create first 100% fiber-focused fulfillment center
Two main technologies are being tested at an Ohio facility to determine how best to transform other facilities to handle only fiber — not plastic — packaging.
By Katie Pyzyk • Nov. 1, 2023 -
Canada Goose taps new CFO, lowers full-year outlook
The luxury apparel brand saw direct-to-consumer revenue in Q2 increase 15% year over year as it focused more on the channel.
By Dani James • Nov. 1, 2023 -
Guitar Center names new CEO, CFO
Gabriel Dalporto is taking over the top spot from Ron Japinga, who had been CEO since 2016. The company also named a new board chairman.
By Nate Delesline III • Nov. 1, 2023 -
Unions file labor complaint over REI store layoffs
Workers at two stores also staged walkouts, saying the retailer should have consulted them on recent operational changes and job cuts.
By Daphne Howland • Nov. 1, 2023 -
VF Corp. launches transformation program as some of its key brands falter
Vans remains a pain point for the apparel conglomerate and the company will appoint a new president for the brand as part of its refresh efforts.
By Laurel Deppen • Nov. 1, 2023 -
The Container Store doubles down on Custom Spaces business with new garage line
The company is building out its garage offering with Garage+ by Elfa and expanding design options through its Preston line.
By Xanayra Marin-Lopez • Oct. 31, 2023 -
Serta Simmons CEO Charlie Eitel resigns after 3 months
Board chair Mark Genender will serve as interim CEO. Meanwhile, the search for a permanent CEO is ongoing.
By Nate Delesline III • Oct. 31, 2023 -
Walmart invests over $500M to upgrade 117 stores
The big-box retailer will devote more than $9 billion over two years to modernize over 1,400 stores across the U.S.
By Tatiana Walk-Morris • Oct. 31, 2023 -
Simon Property Group reduces stake in Forever 21 operator Sparc
CEO David Simon said the mall REIT will continue to monetize its retailer holdings due to their volatility.
By Daphne Howland • Oct. 31, 2023 -
Amazon’s fulfillment network shift exceeds expectations
Higher local in-stock levels paired with improved connectivity between facilities is driving speedier deliveries.
By Kelly Stroh • Oct. 31, 2023 -
Bankrupt Mitchell Gold and Ryder reach deal on undelivered products
Customers would have to pay the logistics provider to release and deliver goods that in many cases were purchased, with shipping fees, months ago.
By Ben Unglesbee • Oct. 30, 2023 -
The Home Depot names new leaders for pro sales, stores
The company is deepening its focus on the pro segment as inflation continues to depress DIY discretionary spending.
By Nate Delesline III • Oct. 30, 2023 -
UK private equity firm in talks to acquire The Body Shop
Owner Natura & Co. months ago told shareholders it was looking for buyers for the struggling personal care brand.
By Daphne Howland • Oct. 30, 2023 -
Sponsored by Fibre Box Association
Corrugated box industry cuts a box’s greenhouse gas emissions in half
Corrugated boxes’ environmental impact substantially reduced, greenhouse gas emissions cut in half.
Oct. 30, 2023 -
On opens Miami store as it looks to expand brick-and-mortar presence
The Swiss athletics brand aims to increase the pace of owned store growth, planning to open 20 to 25 stores per year.
By Howard Ruben • Oct. 27, 2023 -
Amazon sidesteps consumer woes with help from side businesses
Subscriptions, ads and third-party seller services outpaced growth in retail in Q3, and Prime Video will soon also be a money-maker.
By Daphne Howland • Oct. 27, 2023 -
UPS to acquire Happy Returns from PayPal
The logistics giant expects to leverage the tech firm’s software and operations expertise as it pushes for a frictionless reverse logistics experience.
By Alejandra Carranza • Oct. 27, 2023 -
Column
The Weekly Closeout: ‘Ted Lasso’ teams with Barbie and Curry Brand signs its first signature athlete
Mattel announced a new collection based on the hit TV show, while Under Armour and Steph Curry brought on De’Aaron Fox as a brand ambassador.
By Retail Dive Staff • Oct. 27, 2023