The Weekly Closeout: Panera debuts baguette bag and Adidas navigates celebrity partner fallout

The chain restaurant released a $39.50 purse and the sports retailer made recent headlines regarding its work with Beyoncé and Ye. 

By Retail Dive Staff • Feb. 10, 2023

Kohl’s names new chief merchandising and digital officer

Nick Jones has 25 years of retail experience and most recently led U.K.-based Joules Group.

By Nate Delesline III • Feb. 9, 2023

Explore the 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

Wolverine Worldwide sells Keds to Designer Brands

Designer Brands has sought new retail partners and wants to increase the revenue of its private labels.

By Tatiana Walk-Morris • Feb. 9, 2023

UPS’ Ware2Go expands footprint, boosts services for Amazon sellers

The on-demand warehousing provider now has access to facilities in Baltimore, Las Vegas and Memphis through a deal with e-commerce platform Whitebox.

By Max Garland • Feb. 9, 2023

Adidas issues ‘shockingly bad’ 2023 guidance after Ye breakup

The apparel company’s decision to end its partnership with Kanye West may cost more than $1 billion.

By Nate Delesline III • Feb. 9, 2023

Last-minute funding buys Bed Bath & Beyond more time

As part of the company’s turnaround strategy, it aims to reduce its brick-and-mortar footprint to 480 stores.

By Nate Delesline III • Feb. 8, 2023

To rescue Vans, VF aims to replicate success at The North Face

After another tough quarter, the apparel conglomerate is cutting costs and mulling a sale of backpack brands Kipling, Eastpak and JanSport.

By Daphne Howland • Feb. 8, 2023

Imports forecast to be lowest in almost 3 years: report

Retailers are importing less merchandise due to an economic slowdown, according to the NRF and Hackett Associates. 

By Tatiana Walk-Morris • Feb. 8, 2023

Canada Goose to double physical footprint over the next 5 years

The luxury brand, which currently operates 51 stand-alone stores, plans to reach $3 billion in revenue by 2028.

By Dani James • Feb. 8, 2023

Simon Property Group sells off Eddie Bauer interest as its retail investments tumble

Many of the REIT’s retailers and brands are profitable, and even J.C. Penney is thriving, but Forever 21 had a tough 2022, CEO David Simon said.

By Daphne Howland • Feb. 7, 2023

Bed Bath & Beyond seeks $1B to avoid bankruptcy

The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds.

By Nate Delesline III • Feb. 7, 2023

The Vitamin Shoppe opens first franchise location

In addition to the Valparaiso, Indiana, store the retailer plans to open at least 12 more in 2023 with local partners. 

By Kaarin Moore • Feb. 7, 2023

Ulta to sell beauty brand Odele in stores, online

The partnership adds to the beauty retailer’s growing assortment of products from DTC brands.

By Tatiana Walk-Morris • Feb. 7, 2023

Belk opens first outlet store

The location in Greeneville, Tennessee, which will “pioneer” the concept, sells clearance items from the department store’s larger retail locations.

By Kaarin Moore • Feb. 7, 2023

Standard AI to acquire Skip Checkout

The deal would create the first company to combine self-checkout and AI-powered autonomous checkout for retailers, according to the announcement.

By Brett Dworski • Feb. 7, 2023

The Children’s Place cuts Q4 outlook, expects up to $54M net sales loss

The company cited macroeconomic factors, including the recession and supply chain issues, for its negative outlook.

By Nate Delesline III • Feb. 6, 2023

Gap teams with UPS unit to offer small businesses outsourced fulfillment

The partnership allows shippers to access the retailer’s distribution network and gain supply chain capabilities “previously only available to billion-dollar brands.”

By Sarah Zimmerman • Feb. 6, 2023

American Dream misses another $8.8M loan payment

The experience-rich mega-mall in New Jersey, which lost some $60 million in 2021, also struggled to meet financial obligations last year.

By Daphne Howland • Feb. 6, 2023

Adidas launches first new label in five decades

Adidas Sportswear is fronted by new brand ambassador Jenna Ortega, and features tracksuits and other everyday looks.

By Tatiana Walk-Morris • Feb. 6, 2023

Sustainability still takes a backseat to profit for procurement teams: study

A relatively small share of procurement staff see environmental and social goals within their purview or collect related metrics to measure success.

By Ben Unglesbee • Feb. 6, 2023

Amazon cited for safety violations at 3 more warehouses

Federal safety inspectors are calling on the e-commerce giant to implement a “company-wide strategy to protect their employees."

By Sarah Zimmerman • Feb. 6, 2023

Merchants frustrated with fees, tech issues

Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.

By Caitlin Mullen • Feb. 6, 2023

3 ways retail organizations can advance their DEI strategy

Advancing diversity is key for companies that want to succeed but many have a long way to go. Seramount shares three things that retail organizations can do when developing a DEI strategy.

Feb. 6, 2023

Skincare brand Loops expands into Target nationwide

The decision to work with the mass retailer was influenced by customer input, according to Loops CEO Meg Bedford.

By Dani James • Feb. 5, 2023

J.C. Penney names new chief transformation and strategy officer

Keith Melker comes to the retailer from property management company Wehner Multifamily, where he served as CEO. 

By Kaarin Moore • Feb. 3, 2023