Operations
-
Daphne Howland/Retail Dive
J.C. Penney remains profitable, could open new stores
Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s owners says its ongoing profitability could merit an expansion.
By Daphne Howland • May 10, 2024 -
Courtesy of Adidas
The Weekly Closeout: Joann exits bankruptcy while Adidas teams with Korn
The craft retailer has $153 million in new financing as it goes private and the athletic giant released a follow up to last year's partnership.
By Retail Dive Staff • May 10, 2024 -
Trendline
Digital innovation and technology trends in retail
From drones to smart fitting rooms, to cashless purchases to virtual meditation, how the consumer engages with retailers continue to evolve.
By Retail Dive staff -
The image by By Kazuhisa OTSUBO from Tokyo, Japan CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=69411735 is licensed under CC BY 2.0
Music retailer Sam Ash files for Chapter 11 bankruptcy
The retailer is evaluating a potential sale of its e-commerce operations, related intellectual property and wholesale business.
By Nate Delesline III • May 10, 2024 -
Ben Pruchnie/Getty Images via Getty Images
Wolverine World Wide names new CFO, reports 34% revenue decline
Despite the revenue dip, the Merrell owner said results were better than expected as it continues its restructuring plan.
By Laurel Deppen • May 10, 2024 -
Courtesy of Kohl's
Kohl’s announces locations of 200 Babies R Us shop-in-shops
The move gives the department store chain another store-in-store partnership alongside Sephora.
By Nate Delesline III • May 9, 2024 -
Daphne Howland/Retail Dive
Warby Parker narrows losses in Q1 as it posts 16.3% revenue growth
The brand is continuing to build out its footprint, opening eight stores in the first quarter and planning 40 net new stores by the end of the year.
By Caroline Jansen • May 9, 2024 -
Caroline Jansen/Retail Dive
Allbirds revenue plummets 28% in Q1 as CEO says the brand is ‘executing with urgency’
Joe Vernachio said the retailer shuttered three stores in the quarter and is on track with its planned closures, which will amount to 10 to 15 this year.
By Cara Salpini • May 9, 2024 -
Courtesy of The Vitamin Shoppe
The Vitamin Shoppe launches telehealth service
Whole Health Rx connects users with licensed healthcare providers in real time and will initially focus on weight management solutions.
By Tatiana Walk-Morris • May 9, 2024 -
Brandon Bell via Getty Images
Mattel to shutter supplier plant in China this year
Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.
By Kelly Stroh • May 9, 2024 -
Daphne Howland/Retail Dive
Simon Property Group would put up no capital to buy Express
That price could explain why the mall REIT is willing to jump back into ownership of retail tenants after scaling back over the past several months.
By Daphne Howland • May 9, 2024 -
Kaarin Vembar/Retail Dive
Foxtrot’s assets to be sold this week
Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.
By Brett Dworski • May 8, 2024 -
Courtesy of Etsy
Etsy pushes for delivery date precision with new machine learning model
The initiative could help the e-commerce marketplace shake its reputation as a laggard when it comes to shipping time frames.
By Max Garland • May 8, 2024 -
Courtesy of Miniso
Miniso opens at American Dream Mall
The company continues to grow its store footprint in the U.S. and abroad following a surge in sales last year.
By Tatiana Walk-Morris • May 8, 2024 -
Michael M. Santiago via Getty Images
Amazon extends transition period for low inventory fee
The company said it would credit the fees for a few more weeks, and added some exceptions as it considered ways to incentivize optimal product supply.
By Max Garland • May 8, 2024 -
Courtesy of Brookfield Properties, photo credit Nick Fochtman
Q&A‘The death of the mall was a myth’: Brookfield Properties CEO on the evolution of an aging retail concept
Kevin McCrain isn’t bothered by department store anchors closing and says retailers need malls because people like to shop there — including Gen Z.
By Daphne Howland • May 8, 2024 -
Courtesy of HeyDude X Foot Locker
Heydude still a drag on Crocs in Q1
Former Ulta exec Susan Healey has been appointed chief financial officer, replacing Anne Mehlman, now Crocs brand chief.
By Daphne Howland • May 7, 2024 -
Daphne Howland/Retail Dive
Beyond Inc. focuses on brand differentiation as losses widen in Q1
The company is expected to relaunch Zulily in Q3 as it looks to build out sister brands Bed Bath & Beyond and Overstock.
By Nate Delesline III • May 7, 2024 -
Permission granted by Diebold Nixdorf
Automatic age verification comes to self-checkout
An AI-driven solution that’s being tested in Germany has eliminated the need for cashier intervention in 80% of age-restricted transactions, manufacturer Diebold Nixdorf said.
By Jessica Loder • May 7, 2024 -
Courtesy of Daily Harvest
Daily Harvest launches at Target
The expansion into 250 of the mass merchant’s stores comes as the DTC food brand builds out its wholesale footprint with retailers like Costco and Wegmans.
By Howard Ruben • May 7, 2024 -
Permission granted by Rally House
Rally House grows to over 200 locations
The family-owned sports retailer doubled its store count in a little over than two years and has plans for continued expansion.
By Tatiana Walk-Morris • May 7, 2024 -
Courtesy of Oura Ring
Wholesale remains most profitable investment channel for brands: report
The channel, which is expected to grow 51% this year, accounts for about 60% of companies’ total sales, according to a recent NuOrder report.
By Suzette Parmley • May 6, 2024 -
Courtesy of Azazie
DTC bridal brand Azazie opens first physical location
Azazie Studio is closed to the public and will be used to host private events, bridal celebrations, style and influencer appointments, gifting suites and more.
By Howard Ruben • May 6, 2024 -
Courtesy of Sparkies
Macy’s chooses 26 entrepreneurs for accelerator program aimed at diversifying supply chain
In addition to education and funding, “The Workshop at Macy’s” provides various opportunities to sell via the department store.
By Daphne Howland • May 6, 2024 -
Nate Delesline III/Retail Dive
Tornado destroys Dollar Tree Oklahoma distribution center
None of the warehouse’s 456 associates were harmed during the disaster and are being given resources to help with temporary work relocation.
By Kelly Stroh • May 6, 2024 -
Adobe Stock/Monkey Business
Sponsored by QuinyxWhy most frontline retail workers are considering quitting (and how to retain them)
59% of retail frontline workers considered quitting their jobs this year - how can retailers prevent a mass exodus?
May 6, 2024
