Operations


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    Daphne Howland/Retail Dive
    Column

    The Weekly Closeout: Bed Bath & Beyond continues executive shakeup and Gucci launches a pet collection

    The home retailer appointed a new chief accounting officer and head of treasury. Meanwhile, the luxury brand seeks to bring individuality to pets.

    By Retail Dive Staff • July 1, 2022
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    Courtesy of Enjoy Technology

    Enjoy Technology says it has a prospective buyer that would keep it alive

    Asurion, which insures and repairs consumer electronics, has emerged as lender, prospective buyer and future operator of the bankrupt Enjoy. 

    By July 1, 2022
  • Trendline

    The state of small business

    Disruptions from the pandemic, e-commerce and broader economic trends continue to bedevil operations for small businesses.

    By Retail Dive staff
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    Courtesy of Kohl's

    Kohl's slams the door on takeover after Franchise Group lowers bid

    The Vitamin Shoppe owner less than a month ago offered $60 per share, but cut that to $53 after the Fed hiked interest rates, the department store said.

    By July 1, 2022
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    Courtesy of Wilson Sporting Goods

    Wilson opens third NYC store

    The Columbus Circle location is also the sporting good brand’s fourth store in the U.S.

    By Cara Salpini • July 1, 2022
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    Michael M. Santiago/Staff via Getty Images

    Amazon cancels, delays wave of warehouse plans as e-commerce demand cools

    Shifts in plans have affected at least 13 facilities, including locations in Texas, Florida, Louisiana, Tennessee and California, according to local news reports.

    By Max Garland • July 1, 2022
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    Courtesy of Enjoy Technology

    Enjoy Technology files for bankruptcy with plans to sell itself

    Centered around mobile stores that bring retail service inside homes, the company has been burning cash and suffering supply shortages. 

    By June 30, 2022
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    Kendall Davis/Retail Dive
    Podcast

    The Backroom: Enjoy Technology set out to disrupt retail. But it got disrupted instead.

    Led by former J.C. Penney CEO Ron Johnson, the now-bankrupt “commerce-at-home” company has suffered from constrained supply and high costs.

    By Retail Dive Staff • June 30, 2022
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    Daphne Howland/Retail Dive

    Ace Hardware shuts down The Grommet, lays off 44

    The hardware retailer’s co-op structure made it difficult to expand the platform, according to founder Jules Pieri, who announced the closure on LinkedIn.

    By June 30, 2022
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    Michael M. Santiago via Getty Images

    Bed Bath & Beyond CEO out as sales fall 25% in Q1

    Mark Tritton, who took the helm in late 2019 after helping execute a turnaround at Target, is replaced by independent board member Sue Gove in the interim.

    By June 29, 2022
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    Courtesy of Enjoy Technology

    Enjoy Technology to 'pause' on selling Apple products

    The cash-strained company said it is halting its “commerce-at-home” services for the tech maker to focus on business priorities. 

    By June 29, 2022
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    Courtesy of StockX

    StockX lays off 8% of its workforce

    The embattled sneaker resale marketplace said that it’s had to adapt quickly as global economic challenges reshape consumer behavior.

    By June 29, 2022
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    Courtesy of Pinterest

    Pinterest names Google president of commerce as CEO

    The image-sharing platform continues its push into social retail as co-founder and former CEO Ben Silbermann transitions to the executive chairman role.

    By June 29, 2022
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    Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night

    FTC sues Walmart on claims it failed to protect money transfer customers from fraudsters

    The agency alleged that the retail giant has inadequate training and anti-fraud practices in place. The company said the lawsuit is baseless.

    By June 29, 2022
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    Courtesy of Function of Beauty

    Function of Beauty hires 20-year L'Oréal vet as chief marketer

    The personalized beauty brand is building out a team of industry veterans as it looks to scale.

    By Tatiana Walk-Morris • June 29, 2022
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    Elena Perova via Getty Images

    Self-checkout shipments could surpass 300K by 2027: report

    Cashless systems are growing in popularity, and retailers are testing new features like facial recognition.

    By Tatiana Walk-Morris • June 28, 2022
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    Photo Illustration: Shaun Lucas/Industry Dive; Getty Images 

    How retailers are grappling with sustainability

    In an industry that inevitably generates waste, the path to a more environmentally friendly future is littered with difficult choices.

    By Retail Dive Staff • June 28, 2022
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    Retrieved from Amazon on June 28, 2022

    Amazon unveils first fully autonomous mobile robot

    The company aims to automate the handling of heavy, package-carrying carts with its Proteus robot, allowing employees to focus on other tasks.

    By Max Garland • June 28, 2022
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    Courtesy of Nike

    Nike's Q4 sales fall slightly after 20% decline in China

    The athletics giant is launching commerce and activity apps specific to the region in the next six months to better connect with shoppers.

    By June 28, 2022
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    Courtesy of Walgreens

    Walgreens calls off Boots sale despite 'significant interest'

    Macroeconomic instability caused a sudden shift in financing availability, plus the retailer said its U.K. business is doing better now.

    By June 28, 2022
  • Dollar Tree's C-suite just went through a huge shakeout

    Gone or nearly gone are the discounter’s chief operating, financial, information, strategy and legal officers following an activist revolt.

    By June 28, 2022
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    Sean Gallup via Getty Images

    PayPal changes up its pricing

    In a move that could increase or decrease charges for merchants, the company said it aims to better distinguish between personal and commercial payments on its system.

    By Lynne Marek • June 27, 2022
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    Retrieved from Walmart Now on June 24, 2022

    Instacart and Walmart Canada launch virtual convenience store

    Walmart Now offers delivery of around 4,000 grocery, pantry and household items, which are fulfilled through a handful of the retailer’s stores.

    By Catherine Douglas Moran • June 27, 2022
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    Courtesy of Eastbay

    Foot Locker divests its team sales business

    The sale comes as the retailer has nearly finished merging its Eastbay and Champs Sports brands into a single unit focused on young athletes. 

    By June 27, 2022
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    Courtesy of Madison Reed

    Madison Reed names chief marketing, digital officers

    The company also appointed Michael Dubin, founder and former CEO of Dollar Shave Club, to its board. 

    By Tatiana Walk-Morris • June 27, 2022
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    Courtesy of South Carolina Ports Authority

    Inventory in 2022: Normal is still nowhere in sight

    With Target taking the vocal lead, retailers are flushing out excess inventory to reset for the holidays. How much they’ll sell then is anybody’s guess.

    By June 27, 2022