This week on our closeout: Harry Potter wand-ers into Chicago and #Target beefs up its partnerships
Retail Dive
Online Audio and Video Media
Washington, District of Columbia 31,302 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.
- Website
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http://www.retaildive.com/
External link for Retail Dive
- Industry
- Online Audio and Video Media
- Company size
- 201-500 employees
- Headquarters
- Washington, District of Columbia
Updates
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Amer Sports notched a 23% revenue growth in Q4. Executives anticipate another year of profitable growth in 2025 driven by strength from the company’s #Arcteryx and Salomon brands. #AmerSports
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Saks Global has eliminated an unspecified number of roles following its #acquisition of #SaksFifthAvenue rival #NeimanMarcus, a company spokesperson confirmed by email to #RetailDive Tuesday. #layoffs
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Joann will be sold and all of its stores are going out of business. Pending court approval, GA Group and the company’s lenders are winding down the retailer’s operations. #JoannCrafts
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Vendor trouble at #Saks Global’s hints at financial vulnerability. Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.
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Why does #Walmart want a #shoppingmall? It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal.
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Kirkland’s plans 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. #Kirklands
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Nike is launching a brand with Kim Kardashian’s #Skims. NikeSkims will be available this spring with an assortment of training apparel, footwear and accessories.