Financial News
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Daphne Howland/Retail Dive
Nordstrom posts robust holiday quarter, CFO plans jump to Starbucks
Margins expanded and profits rose in the period, leaving the department store in good shape as it prepares to go private later this year.
By Daphne Howland • March 4, 2025 -
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.
By Nate Delesline III • March 4, 2025 -
Courtesy of Solo Brands
Solo Brands receives noncompliance warning from NYSE
The company has six months to regain compliance with the stock exchange. Meanwhile, its CEO will exit the business on Friday.
By Tatiana Walk-Morris • March 3, 2025 -
Courtesy of Qurate Retail Inc.
QVC Group focuses on social, streaming growth as revenue continues to slide
After a $1.2 billion annual net loss, the company has struck a deal with CEO David Rawlinson to stay on through 2027 as it pursues a turnaround strategy.
By Nate Delesline III • March 3, 2025 -
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.
By Cara Salpini • March 3, 2025 -
Mario Tama via Getty Images
Consumer spending falls, highlighting fading confidence
Two closely tracked gauges of consumer confidence slid in February, pushed down by concerns about import duties enacted by the Trump administration.
By Jim Tyson • Feb. 28, 2025 -
Daphne Howland/Retail Dive
Apparel rental site Nuuly turns profitable, aims for $500M in sales this year
All Urban Outfitters Inc. brands gained market share and customers, with shoppers still “enthusiastic rather than exuberant,” CEO Richard Hayne said.
By Daphne Howland • Feb. 27, 2025 -
Daphne Howland/Retail Dive
Home Depot, Lowe’s notch comp gains in Q4
While the sector may be on the mend, higher interest rates and potential tariff challenges continue to pressure the market.
By Nate Delesline III • Feb. 27, 2025 -
Courtesy of Amer Sports
Amer Sports notches 23% revenue growth in Q4
Executives anticipate another year of profitable growth in 2025 driven by strength from the company’s Arc’teryx and Salomon brands.
By Tatiana Walk-Morris • Feb. 26, 2025 -
Retrieved from Wolverine World Wide on February 21, 2025
Wolverine expects bounce-back year in 2025
CEO Chris Hufnagel credited the better-than-expected Q4 results to execution of the company’s previously announced restructuring plan.
By Laurel Deppen • Feb. 25, 2025 -
Daphne Howland/Retail Dive
Beyond slashes SKUs and vendors as Q4 revenue falls 21%
Executive Chairman Marcus Lemonis said “the worst is absolutely 100% behind us” and that the retailer might notch a few profitable months this year.
By Nate Delesline III • Feb. 25, 2025 -
Courtesy of Dillard’s
Dillard’s holiday margins shrink despite expense controls
Unlike rivals, the Southern department store enjoyed higher traffic to stores last year, but joins them in losing share to value players.
By Daphne Howland • Feb. 25, 2025 -
Courtesy of Joann
Joann to be sold, all stores going out of business
Pending court approval, GA Group and the company’s lenders are winding down the retailer’s operations.
By Nate Delesline III • Feb. 24, 2025 -
Brandon Bell via Getty Images
Consumer sentiment slumps on fears tariffs will fuel inflation
Consumers are “clearly bracing for a resurgence in inflation,” said Joanne Hsu, director of the University of Michigan’s Surveys of Consumers.
By Jim Tyson • Feb. 24, 2025 -
Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: GameStop eyes asset sale, Hasbro plans a turnaround
The gaming retailer is seeking buyers for its operations in France and Canada, while the toy company’s strategy “will drive Hasbro’s evolution into a modern play company.”
By Retail Dive Staff • Feb. 21, 2025 -
Caroline Jansen/Retail Dive
Wayfair’s revenues inch up in Q4 as losses narrow
While the retailer’s customer base continues to shrink, CEO Niraj Shah is optimistic that the home goods downturn is nearing its end.
By Caroline Jansen • Feb. 20, 2025 -
Kaarin Vembar/Retail Dive
Walmart issues modest full-year earnings outlook despite strong Q4
The company is cautiously optimistic about its outlook, but Chief Financial Officer John David Rainey said there is uncertainty around consumer behavior and, more broadly, global economic and geopolitical considerations.
By Nate Delesline III • Feb. 20, 2025 -
Ben Gabbe/Getty Images for Stuart Weitzman via Getty Images
Tapestry to sell Stuart Weitzman for $105M
With the sale to Caleres, “Tapestry’s plans of being a large luxury house are not happening,” according to an analyst.
By Laurel Deppen • Feb. 20, 2025 -
Kirkland’s to close some stores as part of turnaround
The retailer is also eliminating low-performing SKUs and will boost its e-commerce in partnership with Beyond.
By Nate Delesline III • Feb. 18, 2025 -
Crocs expects $11M hit to gross profit from tariffs
The footwear retailer ended 2024 with ongoing strength at its namesake brand and hope for a turnaround at struggling Heydude.
By Daphne Howland • Feb. 18, 2025 -
Courtesy of Grove Collaborative
Grove Collaborative acquires Grab Green
The deal extends an existing partnership between the two companies, as Grab Green in 2019 became a third-party vendor for the sustainable retailer.
By Howard Ruben • Feb. 13, 2025 -
Liberated Brands to close all stores, sell its wholesale inventory following bankruptcy
The company hired Gordon Brothers to conduct liquidation sales for its operated stores including Billabong, Roxy and Quiksilver.
By Laurel Deppen • Feb. 12, 2025 -
Nate Delesline III/Retail Dive
Party City IP, wholesale operations to be acquired for $20M
An affiliate of Ad Populum is buying the party retailer’s IP, but Dollar Tree and Five Below emerged as top bidders for the company’s store leases.
By Nate Delesline III • Feb. 11, 2025 -
Skechers reaches record growth, but stock tumbles following weak outlook
The footwear giant is also preparing to change its sourcing strategies amid tariff challenges.
By Laurel Deppen • Feb. 10, 2025 -
Courtesy of Build-A-Bear Workshop
ColumnThe Weekly Closeout: Beyond closes Kirkland’s deal — and a very beary Valentine’s Day
The two home retailers finalized their investment deal, while Build-A-Bear expanded its long-running “After Dark” collection.
By Retail Dive Staff • Feb. 7, 2025
