The Latest
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Courtesy of e.l.f. cosmetics
ColumnThe Weekly Closeout: E.l.f. Beauty reports $1B in net sales and Wayfair opens its first large-format store
The cosmetics brand increased sales 77% year over year, while the DTC furniture company debuted a store in Wilmette, Illinois.
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Courtesy of Mizzen + Main
Mizzen+Main continues Southern expansion with Alabama opening
Located in Birmingham, the store is the brand’s 11th overall and first in the state.
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Courtesy of Target
Target adds 1K summer items in affordability push
In an attempt to draw in budget-sensitive shoppers, product prices start at $1 and more than half of the assortment is less than $15.
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Ollie’s wins bankruptcy bid for 11 former 99 Cents Only Stores
The acquisition of the Texas stores appears to support Ollie's plans to expand its brick-and-mortar footprint.
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Courtesy of Wilson Sporting Goods
Wilson signs WNBA rookie Caitlin Clark
As part of the deal, the sporting goods brand will partner with the athlete on a signature basketball line celebrating her legacy.
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Courtesy of Walmart
Up to 2K Walmart jobs in Texas, California impacted by relocations and layoffs
The retailer earlier this month confirmed hundreds of corporate layoffs.
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Pablo Cuadra/Getty Images via Getty Images
VF names new CFO, still feels revenue slump as it considers selling assets
The declining performance of the Vans brand continued to weigh on the apparel and footwear conglomerate’s Q4 earnings despite various transformation programs.
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Kaarin Vembar/Retail Dive
How Walmart is using generative AI
Jon Alferness, chief product officer of Walmart U.S., spoke with Retail Dive about how the big-box retailer is deploying tech to serve customers and frontline workers.
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Cara Salpini/Retail Dive
Rothy’s launches on Amazon
The sustainable shoe brand is adding its signature products to the online retailer as it looks to broaden its reach.
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Courtesy of DoorDash, Ulta Beauty
DoorDash expands Ulta Beauty offering
The partnership now includes on-demand delivery from the beauty retailer across all 50 states.
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Adeline Kon/Retail Dive
TrackerThe running list of major retail bankruptcies
So far this month, Rue21 filed for bankruptcy for the third time in two decades, followed by music retailer Sam Ash and convenience chain Foxtrot.
Updated May 17, 2024 -
Permission granted by Peloton
Peloton refinances debt as financial challenges persist
The struggling fitness brand is issuing new notes to pay off debt with a closer maturity date, just weeks after losing its CEO and laying off employees.
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TJX, the world’s largest off-price retailer, is poised to get a lot bigger
The company said it could expand its global fleet by 1,300 or more additional stores in coming years, spurred in part by department store closures.
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Vanni Bassetti/Getty Images via Getty Images
Coach scraps its copyright infringement lawsuit against Gap
The complaint, filed last month, focused on the use of the word “coach” on Old Navy T-shirts.
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alexei_tm for iStock via Getty Images
Walmart adds pet telehealth benefit for Walmart+ members
The retailer is partnering with Pawp on a perk that will give pet owners free virtual access to a team of veterinary professionals.
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Courtesy of Kiehl's
Kiehl’s launches in the Amazon Premium Beauty store
The skin care brand will have a dedicated storefront with products like sunscreen, facial creams and masks.
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Courtesy of Walmart
Walmart wants shoppers across incomes to feast on its new private brand
Findings from Numerator suggest the retailer’s bettergoods line appeals to lower-income and higher-income consumers, but for different reasons.
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Nate Delesline III/Retail Dive
Target Q1 sales drop 3%
The retailer is losing ground in grocery and household items as customers shop for less elsewhere, according to analysts.
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Daphne Howland/Retail Dive
Foot traffic expected to rebound to pre-pandemic levels: report
Though not yet fully restored, retailers are reporting a corresponding uptick in sales, which have surpassed pre-pandemic levels, according to CBRE.
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Permission granted by Dollar General
ColumnThe Weekly Closeout: Dollar General taps store operations exec as PetSmart searches for a chief toy tester
Lee DeVille will lead operations for three of the discounter’s retail divisions. But the pet retailer’s new role requires a furrier candidate.
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Daphne Howland/Retail Dive
Pier 1, Stein Mart ownership changes hands
The backers of Retail Ecommerce Ventures have acquired its IP portfolio, allowing it to avoid bankruptcy. Now they’re looking to expand.
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Dani James/Retail Dive
Lululemon restructures product, marketing teams as Chief Product Officer Sun Choe exits
The roles of chief brand officer and global creative director will expand as Choe leaves for a new opportunity and won’t be replaced.
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Daphne Howland/Retail Dive
Deep DiveMacy’s and J.C. Penney have two very different real estate strategies
One has a downsizing plan that includes profitable stores. The other plans to keep — and possibly open — even low-volume stores. What’s going on?
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Courtesy of Walmart
Walmart goes bigger with new Neighborhood Markets
Two new prototype stores include features that build on the retailer’s growing e-commerce business without hindering the in-store experience, the format’s chief executive said in an interview.
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Courtesy of Ipsy
Ipsy appoints new marketing chief
Francine Li comes with experience from Netflix and Riot Games and joins the beauty company as it looks to “reinvigorate” its namesake brand.
