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Express faces NYSE delisting
The apparel retailer may enact a reverse stock split — subject to board and stockholder approval — in order to reach compliance.
By Kaarin Moore • April 3, 2023 -
Boxed files for Chapter 11 bankruptcy
The company intends to sell its software business while it winds down retail operations over the next several weeks.
By Jeff Wells • April 3, 2023 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Deep Dive
3 years later: How COVID-19 exposed the vulnerability of suppliers and workers to the power of big buyers
A tidal wave of order cancellations in early 2020 had dire repercussions for laborers and their families. The consequences are still being felt.
By Ben Unglesbee • April 3, 2023 -
stock.adobe.com/Artinun
Sponsored by ENGIE Impact6 key actions to help retailers overcome decarbonization barriers
A survey of 500+ senior executives reveals the six key actions retailers can take to overcome decarbonization barriers.
By Blake Cundiff, Retail Strategic Account Manager, ENGIE Impact • April 3, 2023 -
Bed Bath & Beyond again warns of bankruptcy as it seeks to sell $300M in stock
The retailer terminated an earlier deal with Hudson Bay Capital Management that sought to raise over $1 billion.
By Nate Delesline III • March 31, 2023 -
Column
The Weekly Closeout: Apple introduces a pay later option and Walmart gives early access to Oreos
An initial version of a BNPL service was introduced by Apple, while Walmart+ members get first dibs on the cookie brand’s new Blackout Cake flavor.
By Retail Dive Staff • March 31, 2023 -
"Potomac Mills Build-A-Bear Workshop" by Aolden23 is licensed under CC BY-SA 3.0
Build-A-Bear hires new chief marketer
Julia Fitzgerald is taking on the role after the company delivered its most profitable year in its history.
By Tatiana Walk-Morris • March 31, 2023 -
Chewy to close 2 fulfillment centers as it ramps up automation push
The closures will allow the pet goods retailer to flow more order volume through its newer, automated facilities, its CEO said.
By Max Garland • March 31, 2023 -
Lenders acquire bankrupt Morphe owner for $690M
Forma Brands reached an agreement to be acquired by Jefferies Finance and Cerberus Capital Management after filing for Chapter 11 in January.
By Nate Delesline III • March 30, 2023 -
Sweaty Betty plans UK job cuts
The brand’s CEO will exit in June as the activewear company reorganizes under Wolverine Worldwide’s International Group.
By Caroline Jansen • March 30, 2023 -
Dollar General to bring expanded beauty offering to 300 stores this year
The retailer is also introducing three exclusive skin and hair care lines — featuring products for $6 or less — nationwide.
By Tatiana Walk-Morris • March 30, 2023 -
Prose appoints first chief scientific officer
Marie Mignon was one of the hair care brand’s first employees and previously worked at L'Oréal for eight years.
By Dani James • March 30, 2023 -
Walmart e-commerce fulfillment layoffs top 600
The retail giant is providing few details about the downsizing of a network that it had grown quickly in recent years.
By Daphne Howland • March 30, 2023 -
Podcast
The Backroom: Unearthing financial details about J.C. Penney
The team talks about the treasure trove of information on the department store’s financial health, found thanks to a tip from one of its new owners.
By Retail Dive Staff • March 30, 2023 -
Madewell Men’s store opens in Washington, DC
The retailer has been carrying men’s products since 2018 with dedicated sections in select stores, ultimately expanding to a number of stand-alone locations.
By Kaarin Moore • March 29, 2023 -
Bloomingdale’s CEO to replace Macy’s chief Jeff Gennette next year
Gennette spent most of his 40-year career working his way up the ranks, and Tony Spring has had a similar tenure at the company’s upscale banner.
By Daphne Howland • March 29, 2023 -
Banana Republic unveils new home categories
BR Home features rugs, bedding and decor priced between $40 and $7,550 as the retailer pushes to become more of a lifestyle brand.
By Tatiana Walk-Morris • March 29, 2023 -
Foot Locker plans app, website revamp as it aims for $2.5B in digital sales
The retailer is “trailing the broader market” when it comes to digital penetration, and hopes to grow the channel to 25% of sales by 2026.
By Cara Salpini • March 29, 2023 -
Lululemon revenue surges 30% in 2022, but Mirror drags down results
The retailer took a $443 million impairment charge on the home workout business in Q4 as it pivots to an app-focused content model.
By Cara Salpini • March 29, 2023 -
Macy’s chief stores officer on how the department store is rethinking its labor force
The retailer is responding to the changing role of stores by putting more tech tools in its associates’ hands.
By Nate Delesline III • March 28, 2023 -
Blue Nile to lay off 119 workers, close Seattle fulfillment center
About seven months after its acquisition by Signet Jewelers, the company will centralize services within its New York City fulfillment center.
By Dani James • March 28, 2023 -
J. Crew undergoes layoffs
The apparel retailer has “made decisions to support efficiency and long-term growth,” according to a company spokesperson.
By Kaarin Moore • March 28, 2023 -
Target to close 4 small-format stores this spring
The retailer said small-format locations remain a key part of growth and will make up half of approximately 20 new stores opening in 2023.
By Nate Delesline III • March 27, 2023 -
Bed Bath & Beyond plans another 1,300 layoffs
The layoffs affect workers in the company’s New Jersey operations, including at its Harmon beauty unit, according to information filed with the state.
By Daphne Howland • March 27, 2023 -
Torrid taps Belk veteran as chief commerical officer
Mark Mizicko, who stepped into the role on Thursday, has over 25 years of retail experience from Hot Topic, Gymboree, Gap Inc. and the Limited Brands.
By Caroline Jansen • March 27, 2023