The Latest
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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 -
Williams-Sonoma to pay $3.2M for violating FTC’s Made in USA order
The retailer listed products as being made in the United States when they were manufactured abroad, and will pay a "record" civil penalty.
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Courtesy of Walmart
Walmart GoLocal expands delivery capabilities, client base
The retailer's local delivery platform has evolved to handle big and bulky items, orders out of fulfillment centers and more, VP Rina Hurst said.
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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 DKNY
DKNY to debut virtual collection on Roblox
The fashion brand aims to engage with millions of Roblox players with virtual items from its recently launched Heart of New York range.
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Natalia Khimich via Getty Images
Reformation reports spike in direct emissions, misses 2023 carbon intensity target
The apparel company known for pioneering sustainable practices aims to slash its Scope 1 and 2 emissions by 42% by 2030, compared to a 2021 baseline.
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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 Ethan Gulley for Sun Day Red
Tiger Woods’ Sun Day Red debuts first collection
The professional athlete and TaylorMade in February announced the launch of the brand after Woods ended his 27-year partnership with Nike.
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Permission granted by Walmart
Walmart to close health centers due to ‘lack of profitability’
The retailer also plans to end telehealth services, citing operational costs and reimbursement complexities that made its healthcare business unsustainable.
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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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bernie_photo via Getty Images
NRF objects to Visa-Mastercard settlement
The National Retail Federation lashed out at a landmark legal settlement on Friday, calling the pact a “meager and temporary” relief.
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Courtesy of Williams-Sonoma
Williams Sonoma debuts new mobile app
The app gives users access to recipes, the ability to create and manage registries, connect with design experts and shop by room.
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gorodenkoff via iStock
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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Courtesy of Walmart
Walmart adds new grocery line to private brands portfolio
The retailer said its new Bettergoods line includes 300 items and marks its largest private brand food launch in 20 years.
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Daphne Howland/Retail Dive
Royalty fees squeeze Vince margins
The company is targeting more than $30 million in savings in part to offset the new cost of licensing its own brand from Authentic Brands Group.
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Courtesy of Foot Locker, Inc.
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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Courtesy of Nordstrom
Nordstrom debuts online marketplace
The retailer has enlisted multiple brands — such as Adore Me, DXL and Cynthia Rowley — to expand its product assortment for online shoppers.
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Craig Barritt via Getty Images
Gymshark taps Adidas vet as first general manager of wholesale and retail
In addition to appointing Hannah Mercer, the activewear brand also named Kim Dolder as its first general manager of North America.
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Dimensions via Getty Images
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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Cara Salpini/Retail Dive
Over 45K retail stores may close in next 5 years: UBS
E-commerce penetration is expected to rise, helped in part by third-party players like Temu and Shein, according to a new report.
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Photo by Spencer Platt/Getty Images via Getty Images
Skechers logs record Q1 sales amid wholesale revival
The company expects revenue to increase by up to 11% for the fiscal year, which an analyst called “a pleasant surprise.”
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Courtesy of Peloton Interactive
ColumnThe 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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Tirachard via Getty Images
Influencers sway consumers but authenticity loses some clout, study says
Attitudes toward AI creators are mixed, and only 35% of Gen Zers say authenticity is what they care most about from influencers.
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Brandon Bell via Getty Images
Mattel toys with AI as cost-saving plan unfolds
The company is on the heels of surpassing a previous cost-savings target and is looking to AI to keep the momentum going.
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Courtesy of Mingle Mocktails
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.
