Operations: Page 91
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Juan Naharro Gimenez/Getty Images via Getty Images
VF Corp launches strategic review of brand assets, CFO steps down
The company’s largest brands saw double-digit revenue declines in Q3, while overall company revenue dipped 16% for the period.
By Laurel Deppen • Feb. 7, 2024 -
Getty Images
Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm Authentic
The mall REIT is unwinding some of its investment into the retail business, which CEO David Simon has acknowledged is more volatile than real estate.
By Daphne Howland • Feb. 7, 2024 -
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 -
Courtesy of https://brightpick.ai/the-feed-is-installing-brightpick/
Sports gear retailer deploys autopicker robots
The Feed expects that the robots will enable the warehouse to fulfill 5,000 orders per day, and plans to complete integration by the end of March.
By Alejandra Carranza • Feb. 7, 2024 -
Courtesy of Garnet Hill
Garnet Hill opens first full-price location
The Qurate Retail Group-owned brand will offer women’s apparel and home textiles in the store.
By Howard Ruben • Feb. 7, 2024 -
Courtesy of Marley Spoon
Marley Spoon to sell US fulfillment, production facilities in $24M deal
FreshRealm will acquire the assets and fulfill customer orders, while the meal kit company will handle front-end operations.
By Max Garland • Feb. 7, 2024 -
Edwin Lopez/Retail Dive
Foot Locker COO names 4 skills crucial to supply chain leaders
Global awareness was one skill Elliott Rodgers highlighted during remarks at Manifest Vegas 2024.
By Edwin Lopez • Feb. 7, 2024 -
Natura & Co. explores separation from Avon
If approved, the move would create two separately managed, publicly traded beauty companies.
By Nate Delesline III • Feb. 6, 2024 -
Courtesy of Gap Inc., photo credit Mario Sorrenti
Zac Posen is Gap Inc.’s latest hire in a long line
The designer, known for his women’s dresses, joins a team tasked with “brand reinvigoration and greater cultural relevance,” the company said.
By Daphne Howland • Feb. 6, 2024 -
Spanx names CEO
Cricket Whitton, who was most recently the company’s chief growth officer and helped lead its digital transformation, will step into the role.
By Howard Ruben • Feb. 6, 2024 -
Courtesy of Solo Brands
Solo Brands appoints Vitamin Shoppe exec as new CFO
The leadership swap comes after Solo replaced its CEO and lowered its revenue guidance for 2023 following disappointing sales.
By Grace Noto • Feb. 6, 2024 -
Estée Lauder to cut up to 5% of positions in restructuring plan
The layoffs come after sales fell 7% in the second quarter and as the beauty company refocuses around driving sustainable profitability.
By Nate Delesline III • Feb. 6, 2024 -
Pablo Cuadra via Getty Images
New Balance introduces resale platform
The footwear company partnered with Archive to launch Reconsidered as part of a larger sustainability initiative.
By Laurel Deppen • Feb. 6, 2024 -
Cara Salpini/Retail Dive
Deckers names new CEO as Q3 sales tick up 16%
Stefano Caroti, who most recently was the company’s chief commercial officer, also led Hoka in the interim and spent over a decade at Nike.
By Tatiana Walk-Morris • Feb. 5, 2024 -
Justin Sullivan/Getty Images via Getty Images
Skechers logs record $8B in annual sales, but wholesale remains a pain point
After retailers cut back on inventory levels last year, the footwear giant’s CFO said he expects things to turn around in 2024.
By Laurel Deppen • Feb. 5, 2024 -
Justin Sullivan via Getty Images
Amazon looks to improve inbound fulfillment processes in 2024
The company wants products entering its facilities to move as efficiently as items being delivered to customers.
By Max Garland • Feb. 5, 2024 -
Naomi Baker via Getty Images
Ikea makes strides in reducing carbon footprint
The home furnishings retailer, which attributes its progress to clean energy initiatives, said greenhouse gas emissions declined by 11.5% last year.
By Zoya Mirza • Feb. 5, 2024 -
Shutterstock/ Vladimir Konstantinov
Sponsored by RubiconWeathering the storm: Effective waste collection strategies for the winter months
As winter weather continues, stores are challenged to ensure proper waste and recycling processes.
By Rubicon • Feb. 5, 2024 -
Courtesy of Merit
Merit taps industry vet as CEO
Philippe Pinatel joins the three-year-old beauty brand after most recently serving as global president at MAC Cosmetics.
By Caroline Jansen • Feb. 2, 2024 -
Courtesy of Business Wire
Sweaty Betty taps Nike vet as chief marketing officer
The Wolverine World Wide-owned athletic brand has tapped Kerry Williams, a former hockey player and retail veteran, to fill the role.
By Howard Ruben • Feb. 2, 2024 -
Courtesy of Macy's
New Macy’s CEO Tony Spring takes over
Spring, who steps into the role on Sunday, faces several challenges, including a take-private offer and changes to the department store’s fleet.
By Nate Delesline III • Feb. 2, 2024 -
Courtesy of Walgreens
Walgreens lays off another 145 employees
The drugstore retailer said it still has “significant cost savings and growth goals to deliver” as it confirmed further downsizing of its workforce.
By Daphne Howland • Feb. 2, 2024 -
Courtesy of Peloton
Peloton to end co-branded college bike experiment
Less than six months after announcing a program with the University of Michigan, the brand will no longer release bikes in other school colors.
By Caroline Jansen • Feb. 1, 2024 -
Spencer Platt via Getty Images
How retail is shaping up in 2024
Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover and layoffs.
By Stephanie Arnold • Feb. 1, 2024 -
Jonathan Leibson via Getty Images
Adidas plans to sell the rest of its Yeezy inventory ‘at least at cost’ this year
The company, which originally toyed with the idea of writing off all leftover merchandise from the failed partnership, has instead sold it off piece by piece.
By Cara Salpini • Feb. 1, 2024 -
Crocs brand chief to retire, CFO steps up
Anne Mehlman, who had returned to Crocs five years ago, takes over from Michelle Poole, who will stay on as an adviser until early 2025.
By Daphne Howland • Feb. 1, 2024
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