The Latest
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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 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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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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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 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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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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Courtesy of Impossible Foods
Impossible Foods’ Americana ads address the meat problem — with more meat
The plant-based brand’s first campaign under a new visual identity targets meat eaters looking for options that are better for public health and the planet.
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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 -
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 Sparkies
Macy’s chooses 26 entrepreneurs for accelerator program aimed at diversifying supply chain
In addition to education and funding, “The Workshop at Macy’s” provides various opportunities to sell via the department store.
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Nate Delesline III/Retail Dive
Tornado destroys Dollar Tree Oklahoma distribution center
None of the warehouse’s 456 associates were harmed during the disaster and are being given resources to help with temporary work relocation.
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Courtesy of Oura Ring
Wholesale remains most profitable investment channel for brands: report
The channel, which is expected to grow 51% this year, accounts for about 60% of companies’ total sales, according to a recent NuOrder report.
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Courtesy of Pottery Barn Teen
Pottery Barn Teen adds dorm features to mobile app
The brand also increased its dorm essentials and expanded a collaboration with LoveShackFancy.
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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 Instacart
Kohl’s to deliver same day through Instacart
Shoppers can place orders for a same day or scheduled delivery, as the retailer continues to leverage its physical footprint.
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Courtesy of Kismet
John Legend and Chrissy Teigen launch Kismet pet brand
The celebrity couple said the brand offers high quality pet food, lifestyle goods and content.
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Hudson’s Bay, again a unified retailer, announces layoffs in organizational ‘re-alignment’
The Canadian department store, which once split up its e-commerce and store operations, said the downsizing impacts less than 1% of its workforce.
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In its third bankruptcy, Rue21 plans to shutter all locations
The apparel retailer massively downsized as it emerged from Chapter 11 in 2017. This time more than 540 stores will close for good.
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Nate Delesline III/Retail Dive
Music retailer Sam Ash to close all stores
The retailer, which has been in operation for 100 years, began store closing sales on Thursday.
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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 -
Courtesy of Azazie
DTC bridal brand Azazie opens first physical location
Azazie Studio is closed to the public and will be used to host private events, bridal celebrations, style and influencer appointments, gifting suites and more.
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Courtesy of Olaplex
Olaplex reports Q1 sales declines across all channels
The hair care company’s overall sales fell 13.1%, with its DTC segment down almost 16%, while net income dropped 63% compared to last year.
