The Latest
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Column
The Weekly Closeout: Layoffs at Lululemon and Mango opens more stores
The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston.
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Walmart removes self-checkout from select stores
The retailer joins Target, Dollar General and other chains in recalibrating its reliance on self-service and rethinking the checkout experience.
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Podcast
The Backroom: With more closures ahead, what’s next for Macy’s?
Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant.
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Foxtrot, Dom’s sued amid mass layoff
A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the mass layoff.
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Walgreens, DoorDash partner to offer SNAP card payments
Thanks to the partnership, Walgreens will offer over 4,000 SNAP-eligible products for delivery within an hour.
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Retail industry groups voice concerns over imminent overtime pay changes
The National Retail Federation warned of harm to employers and employees alike, while the Retail Industry Leaders Association slammed a “legally dubious methodology to score political points.”
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West Lane Capital Partners acquires Mented Cosmetics
West Lane has been building out its portfolio of beauty brands, recently acquiring Seven hair care earlier this month.
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Deckers Brands names president of global marketplace
Marco Ellerker is being promoted into the newly created position, following the company's record revenue growth in Q3.
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Foot Locker unveils new store concept in ‘critical year’
Chief Commercial Officer Frank Bracken told Retail Dive the new format fixes some old pain points, like a male-dominant experience, and also serves as a starting point for its fleetwide revamps.
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New stores, comps drive Tractor Supply’s Q1 sales to $3.4B
The company is pressing forward with plans to open 80 stores and its 10th distribution center this year.
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Indochino launches its first ready-to-wear suit collection
The custom suiting brand is going after convenience with the new line, and said it plans to expand its ready-to-wear assortment in the future.
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What Q1’s retail sales say about the consumer in 2024
In the first three months of the year, a strong job market and wage gains helped buoy consumer spending, but some analysts warn it may not last.
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Forever 21 unveils first bridal capsule collection
The fast-fashion company is the most recent retailer to expand its product assortment into the wedding category.
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Hugo Boss launches Boss House Bali virtual experience
The brand’s digital experience for the release of its spring-summer 2024 collection mimics its in-person luxury resort based in Bali.
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Column
The Weekly Closeout: Peloton drops free membership as Asos revenue falls over 18%
The struggling home exercise brand quietly removed the free option, while the fast-fashion retailer saw sales plunge in the first half of the year.
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TikTok Shop debuts pre-owned luxury category in UK
Facing a possible ban in the U.S., the social media platform is expanding its focus on secondhand luxury in other markets.
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The turnaround of Abercrombie & Fitch is finally here
S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum.
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Mingle Mocktails aims to spark a zero-proof cocktail craze
The nonalcoholic brand says its products, which don’t directly mimic the taste of alcohol, cater to consumers looking for alternatives in social situations.
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Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24%
Excluding the sale of its eOne division, revenue was still down 9% in Q1, but the toy manufacturer swung to a profit.
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Dom’s, Foxtrot cease operations
The companies “found no viable option despite good faith and exhaustive efforts,” Dom’s posted on its website.
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Q&A
Why J.C. Penney’s loyalty program is the next step in its $1B turnaround plan
Chief Customer Officer Katie Mullen explains how the retailer's revamped program will deliver value to consumers and boost first-party data reserves.
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Jason Wu Beauty lands in over 3,000 CVS stores
The partnership adds to the beauty brand’s distribution channels, which also include Target and J.C. Penney.
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FTC sues to block Tapestry’s $8.5B acquisition of Capri Holdings
The commission says the deal would prevent competition and give Tapestry a dominant share of the “accessible luxury” handbag market.
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Why Dollar General is winning with store count
By committing to smaller, rural markets, the retailer has room to grow its substantial store footprint, industry experts and company leaders say.
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Lovesac pares back inventory costs as it simplifies operations
Costs associated with inbound freight and warehousing costs dropped as the furniture company rolled out planning capabilities and simplified operations.