Operations: Page 89


  • A bright red facade features a cut-out of the word "Express" at a mall store entrance.
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    Daphne Howland/Retail Dive
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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 April 3, 2023
  • Boxed
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    Courtesy of Boxed
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    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
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    Allison Joyce/Getty Images via Getty Images
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    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 April 3, 2023
  • Empty asphalt road and speed motion blur on highway in summer with green trees forest at countryside
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    stock.adobe.com/Artinun

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    Sponsored by ENGIE Impact

    6 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
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    Bruce Bennett via Getty Images
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    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
  • Two Apple iPhone 14 models
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    Courtesy of Apple
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    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
  • Build-A-Bear Workshop store
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    "Potomac Mills Build-A-Bear Workshop" by Aolden23 is licensed under CC BY-SA 3.0
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    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, fulfillment center, truck loading
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    Permission granted by Chewy
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    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
  • Stacked white boxes of makeup on a black store display
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    Gabe Ginsberg / Stringer via Getty Images
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    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
  • Wolverine World Wide acquires fitness brand Sweaty Betty.
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    Courtesy of Business Wire
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    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 March 30, 2023
  • Line up of five new Joy Works products.
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    Courtesy of Dollar General
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    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
  • Dark brown and pastel colored hair care bottles
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    Permission granted by Prose
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    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
  • A Walmart and Gatik electric autonomous box truck sits parked.
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    Courtesy of Gatik
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    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 March 30, 2023
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    Kendall Davis/Retail Dive
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    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
  • External shot of a Madewell Men's store
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    Kaarin Vembar/Retail Dive
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    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 March 29, 2023
  • A person with short hair wears a dark suit, white pocket square and white shirt, but no tie.
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    Courtesy of Macy's
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    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 March 29, 2023
  • Bed with pillows, sheets and a blanket.
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    Courtesy of Gap Inc.
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    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 March 29, 2023
  • Lululemon storefront.
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    Kaarin Vembar/Retail Dive
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    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 March 29, 2023
  • The Macy's logo is seen above a display of clothing for sale
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    Mario Tama via Getty Images
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    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
  • Glass display with diamond rings and bands inside
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    Courtesy of Blue Nile
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    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 March 28, 2023
  • The exterior of a new Target store featuring the company's new design includes large glass panels and the company's red bullseye logo
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    Courtesy of Target
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    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
  • A gray and white Bed Bath & Beyond store.
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    Daphne Howland/Retail Dive
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    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 March 27, 2023
  • Exterior of a Torrid store in Chicago
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    Daniel Boczarski via Getty Images
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    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 March 27, 2023