Operations: Page 91
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Boxed considers filing for bankruptcy
The e-commerce company, which sells bulk-sized pantry items and runs a fresh grocery delivery business in the New York City area, is facing tension with lenders amid a tightening cash position.
By Sam Silverstein • March 17, 2023 -
GNC’s chief executive officer left in January, won’t be replaced
Josh Burris, who joined the supplement retailer in 2019, took over as CEO two years ago just after it exited bankruptcy with new ownership.
By Daphne Howland • March 16, 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 -
Kohl’s marketplace gives Lands’ End a much-needed boost
Amid a raft of declines, revenue from third-party sellers was up year over year, and the brand will soon add Macy’s marketplace to the roster.
By Daphne Howland • March 16, 2023 -
Peloton manufacturer announces layoffs, North Carolina facility closure
The retailer acquired Precor in 2020 as a manufacturing subsidiary, but has been exploring the unit's sale as it restructures.
By Sara Samora • March 16, 2023 -
Five Below to expand higher-priced Five Beyond concept to 400 stores
The retailer will also open 200 locations this year as it looks to expand its shop-in-shop of products over $6.
By Nate Delesline III • March 16, 2023 -
Big Lots reports furniture shortages after largest supplier abruptly closes
The shutdown of vendor United Furniture Industries pressured the discount retailer's e-commerce sales.
By Alejandra Carranza • March 16, 2023 -
Burberry poaches CFO from McLaren
The British luxury fashion house continues to reshape its C-suite after naming a new CEO last year.
By Elizabeth Flood • March 16, 2023 -
Why Funko is destroying at least $30M worth of toys
The company faced high storage costs and inefficiency in its fulfillment operations as surplus stock piled up.
By Ben Unglesbee • March 16, 2023 -
BJ’s to roll out inventory robots chainwide
The club retailer is following other grocers in deploying automated vehicles, which use computer vision-driven cameras to scan shelves.
By Sam Silverstein • March 15, 2023 -
Reebok to develop exclusive products in expanded partnership with Macy’s
With a new owner steering the brand, Reebok has been forging partnerships with a number of retailers seeking to grow their product assortments.
By Tatiana Walk-Morris • March 15, 2023 -
Home Depot names new head of merchandising
Billy Bastek, who has been with the retailer for 33 years, replaces Jeff Kinnaird, who has left the company.
By Nate Delesline III • March 15, 2023 -
Patrick Ta names beauty vet as CEO
Kimberly Villatoro comes to the makeup brand with experience from Smashbox, Glamglow and Mattel.
By Howard Ruben • March 15, 2023 -
Glossier revamps executive team with new chief commercial officer
The beauty brand also promoted two executives to chief creative director and chief marketer roles.
By Cara Salpini • March 15, 2023 -
Five Below names COO
Kenneth Bull, who has been the company’s CFO, has been promoted to the position, while the retailer searches for a new financial chief.
By Nate Delesline III • March 14, 2023 -
Birchbox website comes back to life
While the beauty company's website is back online after being disabled for several weeks, users are still unable to check out.
By Dani James • March 14, 2023 -
J. Jill aims to grow store footprint, eventually
The apparel retailer ended the year with fewer stores and may close more, but it ultimately aims to “grow this important channel,” executives said.
By Daphne Howland • March 14, 2023 -
H&M taps ThredUp for resale program
The move comes as the fast-fashion retailer works to remake its sustainability image.
By Tatiana Walk-Morris • March 14, 2023 -
Supply chain optimization is a top priority for Nordstrom this year
Building on improvements made in 2022 will help the retailer's business amid a slump in sales, a company executive said.
By Max Garland • March 14, 2023 -
Joann shores up liquidity ahead of Q4 report
The crafts retailer, which made Retail Dive’s bankruptcy watchlist last year, has seen sales fall and costs rise after a pandemic boom.
By Daphne Howland • March 13, 2023 -
Retrieved from Overstock on May 12, 2021
How Overstock is wooing new suppliers and weathering retail’s inventory torrent
While 2022’s discounting frenzy cost the online retailer market share, the CEO said it’s looking to grow through new categories and brands.
By Ben Unglesbee • March 13, 2023 -
Retrieved from Gopuff press release.
Gopuff makes third round of layoffs since last spring
Latest staff cuts include about 2% of the company’s global workforce, according to a company spokesperson.
By Brett Dworski • March 13, 2023 -
Sponsored by Mood Media
Emotions drive sales: The power of behavioral economics
Retailers who become more emotionally driven can significantly increase profits and build a stronger connection between their customers and their brand.
March 13, 2023 -
Diptyque Americas names first chief marketing officer
The appointment of Jessie Dawes comes as the perfume brand embarks on a U.S. expansion.
By Howard Ruben • March 10, 2023 -
Allbirds CFO exits as the brand pulls back on store openings
The DTC footwear brand will continue to seek out wholesale partnerships as it prioritizes profitability.
By Caroline Jansen • March 10, 2023 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Tuesday Morning wants to close over 250 stores
The discount retailer says it “has too many stores” and needs a smaller brick-and-mortar footprint to remain a viable business.
By Nate Delesline III • March 10, 2023