The Latest
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Courtesy of Brookfield Properties, photo credit Nick Fochtman
Q&A‘The death of the mall was a myth’: Brookfield Properties CEO on the evolution of an aging retail concept
Kevin McCrain isn’t bothered by department store anchors closing and says retailers need malls because people like to shop there — including Gen Z.
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Brandon Bell via Getty Images
Mattel to shutter supplier plant in China this year
Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.
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"Gap in Hillcrest Mall" by Raysonho @ Open Grid Scheduler / Scalable Grid Engine is licensed under CC BY 1.0
Gap names new global chief marketing officer amid push to revitalize brand
Fabiola Torres joins the retailer from PepsiCo and was lauded for her ability to connect with globally diverse consumers.
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Adeline Kon/Retail Dive
TrackerThe running list of major retail deals
In April alone, JD Sports acquired Hibbett, FullBeauty Brands bought Dia & Co and Guess completed its purchase of Rag & Bone.
Updated April 26, 2024 -
Courtesy of Qurate Retail Inc.
Qurate Retail Group swings to a net loss as revenue falls 11% in Q1
The company's U.S. QVC and HSN unit saw sales decrease 4% during the period, citing declines in home and apparel.
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Kevork Djansezian/Getty Images via Getty Images
Lululemon leans into pickleball with Life Time partnership
The tie-up, which makes the athletics retailer the official apparel partner of Life Time pickleball and tennis, also involves event collaborations.
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Column
The Weekly Closeout: Boscia plans to shutter website and L’Occitane takes steps to go private
The clean skin care brand said it will close its website on May 31, while the beauty brand’s chairperson, Reinold Geiger, launched a buyout bid.
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Courtesy of Pacsun, Formula 1
Pacsun and Formula 1 showcase new sports collection at Miami pop-up
The Gen Z retailer leveraged the Miami Grand Prix racing event to unveil pieces in the collection.
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Courtesy of HeyDude X Foot Locker
Heydude still a drag on Crocs in Q1
Former Ulta exec Susan Healey has been appointed chief financial officer, replacing Anne Mehlman, now Crocs brand chief.
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Courtesy of Poppi
Healthy soda brand Poppi denies being M&A target of large beverage companies
The drink, introduced in March 2020, is posting triple-digit growth as it benefits from surging consumer interest in better-for-you offerings.
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Courtesy of Etsy
Etsy pushes for delivery date precision with new machine learning model
The initiative could help the e-commerce marketplace shake its reputation as a laggard when it comes to shipping time frames.
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Courtesy of Brooks Running
Brooks Running reports ‘highest quarterly results in brand’s history’
The DTC brand said its Q1 success is due in part to its multichannel strategy and product innovation.
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Adeline Kon/Retail Dive
TrackerThe running list of major retail bankruptcies
In April, Express, Pirch and 99 Cents Only all filed for bankruptcy, just weeks after Joann and The Body Shop.
Updated April 26, 2024 -
Michael M. Santiago via Getty Images
Amazon extends transition period for low inventory fee
The company said it would credit the fees for a few more weeks, and added some exceptions as it considered ways to incentivize optimal product supply.
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Courtesy of Miniso
Miniso opens at American Dream Mall
The company continues to grow its store footprint in the U.S. and abroad following a surge in sales last year.
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Permission granted by Grove Collaborative
Grove Collaborative CEO talks new subscription model, winning over ‘dark green customers’
Eight months into his tenure, Jeff Yurcisin is shaking things up at the sustainable products company.
Updated May 1, 2024 -
Courtesy of Meati Foods
Meati bucks trend and gets $100M funding boost
While the alternative meat sector has been struggling to raise funds, the Boulder-based company is on its way to becoming a household name.
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Daphne Howland/Retail Dive
Beyond Inc. focuses on brand differentiation as losses widen in Q1
The company is expected to relaunch Zulily in Q3 as it looks to build out sister brands Bed Bath & Beyond and Overstock.
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Courtesy of Mango
ColumnThe 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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Courtesy of Daily Harvest
Daily Harvest launches at Target
The expansion into 250 of the mass merchant’s stores comes as the DTC food brand builds out its wholesale footprint with retailers like Costco and Wegmans.
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Permission granted by Goop
Amazon’s Summer Beauty Haul returns
The beauty savings event is back for the second year — following the company teasing a July return to Prime Day.
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Kendall Davis/Retail Dive
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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Permission granted by Diebold Nixdorf
Automatic age verification comes to self-checkout
An AI-driven solution that’s being tested in Germany has eliminated the need for cashier intervention in 80% of age-restricted transactions, manufacturer Diebold Nixdorf said.
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Permission granted by Rally House
Rally House grows to over 200 locations
The family-owned sports retailer doubled its store count in a little over than two years and has plans for continued expansion.
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bernie_photo via Getty Images
NRF objects to Visa-Mastercard settlement
The National Retail Federation recently lashed out at a landmark legal settlement, calling the pact a “meager and temporary” relief.
