Experts say this holiday season isn’t likely to be like last year, or the year before. But what exactly will it be like? With consumer sentiment up, inflation down and rapidly shifting parcel carrier landscapes, the 2023 peak holiday season is sure to bring some unexpected twists and turns. Join Industry Dive’s expert team of journalists from Marketing Dive, Retail Dive and Supply Chain Dive for their second annual holiday season preview, as they share trends that every leader needs to know. Register today: https://lnkd.in/epQAA-wJ
Retail Dive
Online Audio and Video Media
Washington, District of Columbia 29,492 followers
We provide business journalism and in-depth insight into the most impactful news and trends shaping retail and ecommerce
About us
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter and website cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 13+ million decision-makers in the most competitive industries.
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http://www.retaildive.com/
External link for Retail Dive
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- Online Audio and Video Media
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- 201-500 employees
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- Washington, District of Columbia
Updates
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Best Buy updated its mobile app with personalization and discovery features. The electronics retailer is adding elements like Shop with Videos, #BestBuy Drops and other additions to promote its products.
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Dillard’s beat its expectations in a tough Q1. CEO William Dillard said the department store focused on profitable sales as “the consumer environment remained challenging.” #Dillards
Dillard’s beats expectations in tough Q1
retaildive.com
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In an era when the department store model is under siege, two major examples of it in the U.S. — #Macys and #JCPenney — are pursuing very different brick-and-mortar strategies.
Macy’s and J.C. Penney have two very different real estate strategies
retaildive.com
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Under Armour is planning for #layoffs. With founder Kevin Plank back at the helm, the retailer is overhauling its product strategy. The brand will also cut back on promotions, reprioritize men’s and invest in innovation. #underarmour
Under Armour plans layoffs, 25% SKU reduction
retaildive.com
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J. Jill paid $60M toward its debt and announced its quarterly dividend program. The retailer said in a preliminary earnings statement that it expects net sales of $160 million for the first quarter. #JJill
J. Jill pays $60M toward debt, announces quarterly dividend program
retaildive.com
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Walmart confirmed it is laying off hundreds of corporate employees. The retailer also said “the majority” of remote workers and those at offices in Dallas, Atlanta and Toronto, must relocate — mostly to its Arkansas headquarters. #Walmart #layoffs
Walmart confirms hundreds of corporate layoffs
retaildive.com
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The Container Store faces delisting as its Q4 sales plunge. The retailer continues to struggle, especially with general merchandise. But margins expanded and losses narrowed for the quarter and full year. #thecontainerstore
The Container Store faces delisting as Q4 sales plunge
retaildive.com
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S&P Global revised its outlook for #Staples to stable and affirmed its B- issuer credit rating. But the firm warns that a slow return to the office may worsen declining paper and printer sales and that printing won’t return to pre-pandemic levels.
S&P Global revises Staples outlook to stable
retaildive.com
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After a massive backlash to its #Pride Month merchandising last year, #Target won’t include items for children and its specialized assortment will be sold only in some stores and online.
How Target will celebrate Pride this year
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