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

Explore the 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

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

The Weekly Closeout: Snoop Doggie Doggs adds wholesale partners as the FTC takes on sponsored posts

The celebrity pet brand can now be found at retailers like Kohl’s and Petco, while the FTC is cracking down on deceptive endorsements and reviews.

By Retail Dive Staff • July 7, 2023

Serta Simmons plans to refresh the majority of its products as it exits bankruptcy

As part of a turnaround strategy, the bedding manufacturer will also invest in marketing and supply chain initiatives.

By Nate Delesline III • July 6, 2023

Bath & Body Works reformulates hand soaps, offers refills

The retailer, famous for its candles, has shaken up its assortment and its C-suite since former Unilever executive Gina Boswell became CEO last year.

By Daphne Howland • July 6, 2023

Brooks steps into resale

The running brand will refurbish and resell used gear starting at 35% off across three quality levels: Like New, Great and Good.

By Tatiana Walk-Morris • July 6, 2023

EPA releases new guidelines on forever chemicals

The framework seeks to prevent harmful PFAS from reaching consumers, as manufacturers begin to phase out these chemicals used in stain- and water-resistant textiles.

By Laurel Deppen • July 6, 2023

Shein exec talks transparency, sustainability and the afterlife of clothing

Peter Pernot-Day, global head of strategy and corporate affairs, says circularity is key when it comes to the company’s future.

By Lara Ewen • July 6, 2023

Christmas Tree Shops plans to liquidate if it can’t find a buyer

The retailer defaulted on its bankruptcy loan terms and will have to close all of its stores if it doesn't secure a buyer by the end of this week.

By Nate Delesline III • July 5, 2023

Adidas global HR chief to exit

Amanda Rajkumar, who joined the company in 2021, is leaving next week as CEO Bjørn Gulden builds out his own team.

By Cara Salpini • July 5, 2023

Lululemon to sell clothes, accessories via Zalando

The retailer has plotted its European expansion as part of its growth plan to reach $12.5 billion in revenue. 

By Tatiana Walk-Morris • July 5, 2023

‘A new TreeHouse’: Private label giant builds for success by thinking small, CEO says

Steve Oakland said the snacks and beverages manufacturer has become more focused to better address the needs of retailers like Walmart and Amazon.

By Christopher Doering • July 5, 2023

The Home Depot launches $500M cost-savings plan

Savings will focus on fixed operating expenses like supply chain holding capacity amid a decline in sales.

By Max Garland • July 5, 2023

Shein denies report of filed IPO

Reuters reported that the fast-fashion giant had quietly registered to become publicly traded on the New York Stock Exchange.

By Laurel Deppen • June 30, 2023

Retailers brace for hit to discretionary spending, holiday sales as Supreme Court nixes student loan forgiveness

Apparel, home goods and electronics will likely be impacted the most as households pull back further in order to pay down debt.

By Daphne Howland • June 30, 2023

Nike breaks $50B in revenue as it warms back up to wholesale

CEO John Donahoe said recent shifts back into DSW and Macy’s were “simply an extension” of the retailer’s existing strategy.

By Cara Salpini • June 30, 2023

The Weekly Closeout: Kohl’s rolls out small-format Sephora shops, Dollar General expands board

The Sephora at Kohl’s expansion continues with a smaller footprint in some locations, while the dollar store’s board now has 10 members. 

By Retail Dive Staff • June 30, 2023

BuyBuy Baby gets a bid from one of its vendors

Dream on Me, which runs a direct-to-consumer business and sells baby gear through the Bed Bath & Beyond-owned retailer, is a stalking horse bidder, according to bankruptcy court documents.

By Daphne Howland • June 30, 2023

Too Faced, Smashbox undergo layoffs

The makeup brands — which are both owned by Estée Lauder — will lay off select employees in California effective Aug. 15.

By Dani James • June 30, 2023

Alex and Ani closes 20 stores

Seven of the jewelry company’s stores will remain open as it continues to explore options that support its updated business model.

By Dani James • June 29, 2023

Overstock to rebrand itself as Bed Bath & Beyond

The online-only retailer is moving quickly to remake itself with a name it says better resonates with customers and vendors.

By Nate Delesline III • June 29, 2023

Walgreens to close 150 stores in the US

With sales down in part due to lower demand for COVID-19 vaccines and tests, the retailer is also closing 300 stores in the U.K.

By Daphne Howland • June 29, 2023