The Latest
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The image by Jelson25 is licensed under CC BY-SA 3.0
ColumnThe Weekly Closeout: GameStop pays for CEO’s security, layoffs at Mattel
The gaming retailer paid nearly $270,000 last year for Ryan Cohen’s executive security, while the toy company laid off 120 workers at its headquarters.
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Permission granted by SCAYLE / Umault
Sponsored by SCAYLE Commerce EngineFour tech pains that’ll kill your eCom team’s innovation
Slow processes and outdated systems keep eCommerce teams from innovating. Discover four major time drains – and how to fix them.
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Daphne Howland/Retail Dive
Build-A-Bear Workshop pulls forward inventory to deflect tariff impact
The stuffed animal retailer says the move enables better flexibility in a fluctuating trade environment.
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Daphne Howland/Retail Dive
Lululemon leans on newness to lure reluctant US customers
This year the brand plans to expand its footprint by opening stores and enlarging existing locations, and will add new markets abroad.
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Courtesy of Sneex
Spanx founder’s ‘Sneex’ trademark request denied
Sara Blakely’s footwear company has to prove trademarking the term isn’t “merely descriptive.”
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Courtesy of Levi’s
Levi’s CEO: ‘If the wallet’s tighter, then we have to work harder’
Pickier shoppers just means higher execution is needed from the denim brand, Michelle Gass said. But a little help from Beyoncé never hurts.
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Carter’s taps Vans veteran as CEO
Douglas Palladini joins the children’s apparel retailer months after Michael Casey stepped down from the post after 15 years.
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Kendall Davis/Retail Dive
Podcast
The Backroom: Talking wholesale with Liza Amlani
The longtime merchant discusses the myths and rewards of a channel that is getting renewed appreciation in the industry.
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Permission granted by Chewy
Chewy subscriptions drive sales, market share gains
The online pet retailer finished its fiscal year with increases in sales, profits, active customers and market share.
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Courtesy of Gap
Gap Inc. CEO: ‘If you’re relevant enough it eventually drives revenue’
One of the most-watched turnarounds in retail started with a long look back at its past, Richard Dickson said at Shoptalk Spring.
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Daphne Howland/Retail Dive
GameStop to close ‘significant number’ of stores, invest in bitcoin
The closures are on top of the company shuttering nearly 600 U.S. locations last year.
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Daphne Howland/Retail Dive
Men’s Wearhouse adds gift list registry service
Customers can create and manage custom gift lists featuring items from the retailer, which is part of the Tailored Brands portfolio.
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Nanci Santos via Getty Images
‘Please, no hot sauce’: Shark Tank’s Kevin O’Leary on today’s retail startups
In addition to the category he never wants to see again, O’Leary also highlighted a marketing channel he thinks all brands should be contemplating.
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gradyreese via Getty Images
Consumers are buying more from generative AI’s suggestions: Adobe
A report highlighted that using generative AI tools for shopping leads customers to more purchases in electronics and jewelry.
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Kaarin Vembar/Retail Dive
Dollar Tree sells Family Dollar for $1B
A sale to private equity comes 10 years after Dollar Tree acquired its rival for $8.5 billion, a decade when the business has mostly dragged down results.
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Bryan Wassel/Retail Dive
Foot Locker names Franklin Bracken president
Bracken, who joined the retailer 15 years ago and was tapped as chief commercial officer in 2022, will help accelerate its Lace Up growth plan.
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Justin Sullivan via Getty Images
Williams-Sonoma turns to AI to curb headcount growth
Executives said the company is pursuing ways to drive additional savings with the technology during a recent earnings call.
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Courtesy of JCPenney
J.C. Penney embraces social-first marketing with VaynerMedia hire
The department store chain will take advantage of services like a social influencer seeding offering intended to boost relevance.
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Courtesy of H&M
Inside H&M’s digital relaunch and approach to multichannel experiences
Head of Digital Jenn Volk explains how the retailer reimagined digital to increase brand storytelling around moments like its Charli XCX collaboration.
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Courtney Hale via Getty Images
Consumer expectations for future plunge to 12-year low on tariff anxiety
Pessimism about price pressures rose, with expectations for inflation in 12 months increasing to 6.2% this month from 5.8% in February, the Conference Board said.
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Daphne Howland/Retail Dive
Bloomingdale’s merchant jumps to Macy’s to lead children’s, men’s
Daniel Leppo, whose career launched 30-plus years ago at the luxury department store, brings merchandising strength in need at Macy’s.
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Courtesy of The Vitamin Shoppe
Vitamin Shoppe debuts ‘Hometown’ store concept
The shop-in-shops, which are in markets like Los Angeles and Houston, feature brands with local connections.
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Daphne Howland/Retail Dive
5 years after pandemic lockdowns, is retail back to normal?
Stores are open, inventory is flowing and inflation is down. But today’s uncertainty and destabilization are making consumers anxious.
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BuyBuy Baby to relaunch online in May
The announcement comes nearly two months after Beyond acquired the baby retailer, reuniting it with its former owner Bed Bath & Beyond.
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Courtesy of Wilmington Business Development
Amazon building robotics fulfillment center in North Carolina
The facility will contain more than 3 million square feet of floor space and support the company’s efforts to cut costs and improve production.
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Courtesy of Pura Vida
ColumnThe Weekly Closeout: Vera Bradley sells Pura Vida and Edible Brands enters the hemp industry
Vera Bradley will offload the bracelet brand two years after taking full ownership, and the Edible Arrangements company expands its horizons.
