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British apparel brand Arne expands to the US
The brand has already launched its U.S. website and plans to open brick-and-mortar stores in Los Angeles and New York.
By Howard Ruben • July 17, 2023 -
David’s Bridal will keep nearly 200 stores open under new ownership
The chain has been seeking a buyer since before its April bankruptcy filing. An offer from Cion Investment Corp. was approved last week.
By Daphne Howland • Updated July 24, 2023 -
Trendline
Gen Z and the next-generation consumer
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Rag & Bone co-founder Marcus Wainwright steps down as chief brand officer
Creative duties will be handed to Jennie McCormick for womenswear, footwear and accessories, and Kyle Sweeney for menswear and merchandising.
By Lara Ewen • July 17, 2023 -
Authentic Brands taps ex-Tapestry, Saks alum as CFO
Kevin Wills is taking the company’s CFO seat as the firm is once again contemplating going public. It shelved previous IPO plans in 2021.
By Grace Noto • July 17, 2023 -
Beauty packaging gets a makeover with growing number of refillable options
Cosmetics and beauty products can create a lot of waste, leading to renewed interest in reusable and refillable options. But designing those options, and ensuring that consumers will adapt to them, is a complex task.
By Danielle Beurteaux • July 17, 2023 -
Lululemon lays off 100 amid Lululemon Studio integration
Since acquiring Mirror for $500 million in 2020, the athletics brand has slowly shifted its strategy away from hardware to app-based workout content.
By Dani James • July 14, 2023 -
Column
The Weekly Closeout: Layoffs at The Children’s Place and inflation dips to lowest levels since March 2021
The kids retailer said it’s ending the lease on its New Jersey headquarters, and in June the consumer price index rose just 3% year over year.
By Retail Dive Staff • July 14, 2023 -
Retrieved from U.S. District Court, Central District of California, Western Division on July 14, 2023
Designers sue Shein for copyright infringement under racketeering laws
The RICO statute could help plaintiffs wrestle with the e-commerce giant’s unusual corporate structure and production strategy, experts say.
By Daphne Howland • July 14, 2023 -
Madison Reed hires chief revenue officer
The hair color company and salon owner has brought on Angela Jaskolski, who has previous experience at Aveda and the Regis Corporation.
By Howard Ruben • July 14, 2023 -
Walgreens closing e-commerce distribution center in Illinois
The company will lay off 393 employees on or around Aug. 28, according to a WARN notice.
By Max Garland • July 14, 2023 -
Bankruptcy judge OKs sale of BuyBuy Baby brand and digital assets for $15.5M
The distressed retailer’s brick-and-mortar stores are now slated to close after no bids materialized to keep them open.
By Nate Delesline III • July 12, 2023 -
Retrieved from Amazon on July 10, 2023
Amazon deliveries made by Rivian EVs surge to 150M
The e-commerce giant has deployed over 5,000 custom Rivian EVs as it works to decarbonize its fleet.
By Alejandra Carranza • July 12, 2023 -
Hanesbrands promotes interim CFO to permanent seat
Scott Lewis, a 17-year company veteran, has been at the financial helm of Hanesbrands on an interim basis since the former CFO Michael Dastugue stepped down for family reasons in January.
By Elizabeth Flood • July 12, 2023 -
Meati’s wide-scale retail launch is here with Dots distribution deal
The brand’s addition to Dot Foods’ catalog is not just a big win for Meati — it’s a sign that alternative proteins are moving into their next phase of ubiquity.
By Rose Palazzolo • July 12, 2023 -
Senators take aim at Bed Bath & Beyond stock buybacks, lack of worker severance
Democratic lawmakers Cory Booker and Elizabeth Warren criticized the retailer for spending $11.8 billion in buybacks since 2004 and are questioning the company's worker severance practices.
By Nate Delesline III • July 11, 2023 -
Retail defaults set to jump this year, Moody’s says
Retailers without adequate financial cushion are especially vulnerable amid weak consumer spending and elevated costs, the analysts said.
By Daphne Howland • July 11, 2023 -
Designer Brands names DSW president
Laura Denk, who comes to the company from Michaels, will oversee owned brands — a major focus for the shoe retailer.
By Kaarin Moore • July 11, 2023 -
EBay Vault adds submission service for valuable trading cards
The storage facility, which expects to hold up to $3 billion in assets in the next few years, will accept eligible cards valued at $250 or more.
By Tatiana Walk-Morris • July 10, 2023 -
Tuesday Morning moves to convert its bankruptcy to Chapter 7
The half-century-old off-pricer, which exited a Chapter 11 process just two years before filing again this year, had already moved to liquidate.
By Daphne Howland • July 10, 2023 -
Dollar General has racked up $21M in OSHA penalties since 2017. It’s paid $4M.
The retailer discounts the importance of in-store safety, the regulatory agency says, and was named a severe violator this fall.
By Nate Delesline III • July 10, 2023 -
Retrieved from Flickr on July 05, 2023
Ace Hardware announces Kansas City, Missouri, distribution center
The planned facility is expected to enhance the company’s inventory capacity while meeting higher demand.
By Alejandra Carranza • July 10, 2023 -
Affirm to shutter Returnly
Two years after purchasing Returnly for $300 million, Affirm said it’s divesting the returns management platform business.
By Caitlin Mullen • July 10, 2023 -
BuyBuy Baby stores likely closing after no buyers step forward
But the retailer’s brand name will probably live on after a New Jersey-based company bid on its intellectual property.
By Nate Delesline III • July 7, 2023 -
Levi’s slashes guidance as lower-income consumers grow more price sensitive
While demand for denim remains strong, financial pressures on some households led to declines in the U.S., the brand’s largest market.
By Daphne Howland • July 7, 2023 -
Christmas Tree Shops to shutter 72 remaining stores
Liquidation sales have already begun as the 1950s-era business winds down its footprint in bankruptcy.
By Cara Salpini • July 7, 2023