As the year comes to a close, we’re taking a look at the things that drove the retail industry in 2022.
Retailers tested out new store concepts. They responded to the Supreme Court’s overturning of Roe v. Wade. And they were met with new challenges as consumers pulled back on discretionary spending in the face of inflation.
We hope you enjoy looking back at some of the biggest stories that shaped the industry this year.
As always, thank you for being a reader. If this email was forwarded to you, or if you know of someone who might benefit from being a subscriber, our sign-up link can be found here.
Caroline Jansen
Editor, Retail Dive
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UPDATED
The rollout of companies voicing support for abortion access continues, with brands like J. Crew, Sephora and Adore Me making public statements.
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The mass merchant, whose starting rate has been $15 for a couple of years, will invest up to $300 million for pay and benefit expansions.
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The store includes more dynamic displays, QR codes and digital screens that "create opportunities for digital exploration," according to the retailer.
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Deep Dive
Despite the department store's turnaround efforts, activist investors are insisting on dramatic change, including a sale.
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UPDATED
Amazon Style is now open in Glendale, California, and brings tech and personalization to the forefront of its shopping experience.
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The distressed home retailer experienced a C-suite shakeout, strategy pivot and a board refresh as it continues to work on turning the business around.
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"Over the past two years, we prioritized certain strategic projects that distracted us from the laser-focus we needed to have on our core business," Weiss said.
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Once Gap Inc.'s powerhouse, the value brand has faced supply setbacks and a merchandising muddle. Now, it is suddenly in need of a leader.
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Customers who engage with Nordstrom's stylists, online or in stores, spend more time and money at the retailer. So it's going outside the box.
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The hardware retailer’s co-op structure made it difficult to expand the platform, according to founder Jules Pieri, who announced the closure on LinkedIn.
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