The Latest
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Dan Kitwood via Getty Images
ColumnThe Weekly Closeout: Trade groups sound the alarm on tariffs, L’Oréal sells Carol’s Daughter
RILA, NRF and AAFA all raised red flags about President Trump’s trade policies, while the beauty conglomerate sold the brand it bought a decade ago.
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Justin Sullivan via Getty Images
Home Depot appoints exec to drive growth with professional customers
Michael Rowe has served with the retailer for nearly 20 years, including as vice president of online, marketing and contractor services for its Canadian arm.
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Retrieved from U.S. Senate Committee on Commerce, Science and Transportation on February 28, 2025
Cargo theft reaching record levels, prompting calls for congressional action
“I’ve never seen cargo theft this prevalent,” Robert Howell, chief supply chain officer at Academy Sports and Outdoors, said during a hearing.
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Courtesy of Lee
Lee and Buck Mason collaborate on menswear capsule
The collection is inspired by vintage 1940s designs and is being promoted through an ad campaign featuring Midland lead singer Mark Wystrach.
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Justin Sullivan via Getty Images
Walgreens to be acquired in $10B take-private deal
The struggling retail pharmacy chain’s nearly 100-year run as a public company could end following an agreement to be purchased by private equity firm Sycamore Partners.
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Courtesy of Adidas
Adidas: There is ‘not one Yeezy shoe left in our inventory’
CEO Bjørn Gulden also confirmed 500 jobs at its headquarters are now “obsolete” as it looks to localize operations.
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Alex Wong via Getty Images
Trump extends pause on Mexico, Canada tariffs for some goods
Imports from the countries that are compliant with the United States-Mexico-Canada Agreement will not be subject to tariffs until April 2.
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Courtesy of Gap Inc.
Old Navy, Gap lead comeback as Athleta drags
Ending the year with a holiday performance that beat expectations, Gap Inc. gained market share for the eighth straight quarter.
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Permission granted by Mattress Firm
Longtime Tempur Sealy exec named president of Mattress Firm
Steve Rusing, a 30-year veteran of Tempur Sealy, will take over on Monday as newly formed parent Somnigroup International pursues growth.
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Courtesy of Walmart
How Walmart Connect is growing the ‘connective tissue’ of retail media
The launch of its Display Advertising API gives brands more opportunities to bridge the gap between offsite and paid search ads to drive performance.
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Daphne Howland/Retail Dive
Macy’s stores on the chopping block weigh on holiday sales
Thanks to revamped locations and gains at Bloomingdale’s and Bluemercury, though, the department store continues its turnaround with some strength.
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Courtesy of Foot Locker, Inc.
Foot Locker to refresh 300 stores this year
The retailer will also open 80 of its reimagined store concept in 2025. The changes come alongside hundreds of closures over the years.
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Courtesy of David’s Bridal
David’s Bridal wants to be a retail, AI and media powerhouse. And named a new CEO to lead the way
Kelly Cook is now chief executive as the bridal retailer evolves into an asset-light company and enters its “Aisle to Algorithm” era.
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SolStock via Getty Images
Retailers are pushing payment modernization as customers ask for more
A KPMG survey found that a majority of retailers plan to keep updating their payment programs to keep up with consumer tech demands.
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Dollar Tree names Express vet CFO
Stewart Glendinning, former CEO of the apparel retailer, first came to the company in January to lead a review of strategic alternatives for the Family Dollar banner.
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Justin Sullivan via Getty Images
What 5 charts say about the pandemic’s impact on retail, 5 years later
The industry may be far from the dramatic day-to-day struggles of 2020, but it hasn’t yet escaped the long tail the global health crisis left in its wake.
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Daphne Howland/Retail Dive
Target plans multiyear merchandise revamp as store openings slow
The retailer will expand assortments in areas like gaming and home, part of a five-year strategic plan to drive more than $15 billion in growth.
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Daphne Howland/Retail Dive
Best Buy warns tariffs may drive up prices
The consumer electronics retailer saw sales fall and profits plunge in both its fourth quarter and full year.
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Retrieved from DSW on February 26, 2025
How DSW’s chief marketer is overhauling the brand for a new age of retail
Sarah Crockett detailed her approach to rehabilitating the brand during a keynote presentation at the eTail Palm Springs conference.
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grinvalds via Getty Images
Luxury shoppers embrace AI, but remain wary of sharing personal information
Two-thirds of luxury fashion customers use AI when they browse online but are cautious about the details they provide, according to a Saks Global survey.
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patty_c via Getty Images
Rodan and Fields partners with Ulta
Products from the direct-to-consumer skin care company are now available at 150 Ulta stores nationwide and on its website.
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Courtesy of Harry Potter Shop Chicago
The Weekly Closeout: Harry Potter wand-ers into Chicago, Target beefs up partnerships
The magical store will land on the Magnificent Mile in April, while Target’s announcements included deals with Warby Parker and Champion.
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Courtesy of Nordstrom
Nordstrom welcomes SkinSpirit to NYC flagship
The medical aesthetic company will provide skin care and injectable services, as the department store expands the offerings at its Manhattan location.
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Daphne Howland/Retail Dive
Target expects tariffs to pressure profits in Q1
The retailer saw sales slide in the fourth quarter as it faced out-of-stocks and other challenges with in-store experiences.
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Kendall Davis/Retail Dive
Podcast
The Backroom: ‘Foes of a Minimum Wage Guard’
Playwright Ken Harris talks about how his loss prevention experience informs his award-winning play, and gives his unique perspective on shrink and theft.
