The Latest
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Courtesy of Adore Me
Why is Adore Me selling in Walmart?
The DTC lingerie brand launched an exclusive line at the retail giant with the help of Gelmart. But how important is wholesale for the brand?
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Courtesy of Le Domaine
Brad Pitt’s Le Domaine signs first US retail deal with Bluemercury
The Macy’s-owned retailer will sell the products as part of “The Cache,” a curated collection of emerging brands.
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Retrieved from Patagonia v Nordstrom, U.S. District Court for the Central District of California Western Division - Los Angeles on May 31, 2023
Patagonia sues Nordstrom, claiming counterfeit sales at Rack
The brand recently stopped selling via the department store and its off-price stores and discovered the alleged fakes this year, per court documents.
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Courtesy of REI
REI launches first running shoe since the ‘70s
The Swiftland Multi-terrain uses recycled and bio-based materials as the retailer continues to expand its running assortment.
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Adeline Kon/Retail Dive
TrackerThe running list of major retail deals
In May alone, Tempur Sealy acquired Mattress Firm, Francesca’s acquired Richer Poorer and Birchbox found a new home.
Updated May 26, 2023 -
Daphne Howland/Retail Dive
Macy’s slashes outlook after weak Q1
The department store has fared worse this year than it expected, and is bracing for customers to continue to pull back in coming months.
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Courtesy of Dollar General
Dollar General cuts guidance, shareholders OK safety audit
The retailer also plans to slow the opening pace of its PopShelf stores this year.
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Justin Sullivan/Getty Images via Getty Images
Inside Google’s plans for improving paid search with generative AI
More efficient ways to produce and edit assets and ensure responses are relevant to consumers were a focus of this year’s Google Marketing Live.
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Courtesy of Walmart
Walmart switching to paper mailers, rightsizing boxes to cut packaging waste
The retail giant says it could eliminate 65 million plastic mailers by early next year.
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Daphne Howland/Retail Dive
Nordstrom gains steam in Q1, especially in off-price
After a soft start to the quarter, sales gained momentum in April, thanks in large part to merchandise improvements at Rack, executives said Wednesday.
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Column
The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale
The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.
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Courtesy of Beautycounter
Beautycounter CEO exits in leadership shuffle
Marc Rey was in the top spot for less than two years, and leaves as the beauty brand brings on a new chief financial officer and board chair.
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Nate Delesline III/Retail Dive
Ikea stores owner Ingka acquires supply chain software firm
The largest owner of Ikea stores purchased Made4Net as the company seeks to modernize its omnichannel operations.
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Kendall Davis/Retail Dive
Podcast
The Backroom: How the consumer is doing so far this year
Discretionary goods are a low priority amid an uncertain economy and a desire to spend on experiences, but retailers are holding their own. What about the rest of 2023?
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Permission granted by Nike
Converse names North America VP new CEO
Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.
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Spencer Platt via Getty Images
Higher shipping costs keep biting into Williams-Sonoma’s earnings
The retailer has shipped from out-of-market distribution centers and made multiple deliveries for multi-unit products in order to reach customers quicker.
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Courtesy of WHP Global
ColumnThe Weekly Closeout: Toys R Us goes to the airport and retailers exit San Francisco
The toy company will open a store at Dallas Fort Worth International Airport, while retailers are shutting locations in the California city.
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Permission granted by At Home Group
At Home hires former Walmart exec as chief merchandiser
The retailer has lowered its prices just in time to possibly attract former Tuesday Morning and Bed Bath & Beyond customers.
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Scott Olson via Getty Images
Walmart works with some suppliers to lower prices
The retailer wants to “get costs down more as fast as we possibly can” in food and consumables, CEO Doug McMillon told analysts.
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kupicoo via Getty Images
Deep DiveAfter last year’s inventory tidal wave, where do retailers go from here?
Bare shelves are still a recent memory, but many are learning to live on leaner inventories after overstocking in 2022.
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Retrieved from Instacart on March 02, 2021
Instacart begins nationwide rollout of ChatGPT search tool
The tool allows customers to find products as well as recipes, food prep tips and more using “natural language” instead of keyword-based searches.
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Courtesy of Clare
DTC paint brand Clare to raise prices
The cost of a gallon of paint will increase by an average of 8% as the company faces “outsized inflation,” CEO Nicole Gibbons said in an email to customers.
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Courtesy of New York City Mayor's Office
NYC focuses on repeat offenders, social services to combat surge in retail theft
Just 327 serial shoplifters accounted for a third of the more than 22,000 retail theft arrests made in the city last year, officials said.
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Courtesy of The Vitamin Shoppe
The Vitamin Shoppe interim CEO takes the job permanently
Lee Wright joined owner Franchise Group as chief commercial officer last year, and before that held executive roles at Conn’s.
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July Ko via Getty Images
McKinsey: Online beauty sales in the US to hit $45B by 2027
Global e-commerce sales now exceed those of specialty retail which, in 2022, was 20% of the overall industry.
