Financial News
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Designer Brands to open more DSW stores, refresh rewards program
Over the holiday quarter, sales fell and losses widened, but comps rose for the first time in over two years.
By Tatiana Walk-Morris • March 24, 2025 -
Nike focuses on rightsizing key footwear styles as sales plunge 9%
Some analysts expected the retailer to take more drastic action on its oversold franchises, but CEO Elliott Hill still sees a place for the “beloved silhouettes.”
By Cara Salpini • March 21, 2025 -
Column
The Weekly Closeout: Vera Bradley sells Pura Vida and Edible Brands enters the hemp industry
Vera Bradley will offload the bracelet brand two years after taking full ownership, and the Edible Arrangements company expands its horizons.
By Retail Dive Staff • March 21, 2025 -
Five Below names chief marketing officer, hints at ‘selective’ price adjustments
Jacob Hawkins is joining the company from Forever 21 as the discount retailer is looking at its core price points.
By Nate Delesline III • March 21, 2025 -
Resale’s popularity in the US could offer hedge against tariffs
ThredUp’s chief strategy officer says preowned clothing sales are “effectively domesticating the supply chain.”
By Lara Ewen • March 21, 2025 -
What 25 retail leaders are saying about tariffs
From price increase warnings to confidence that vendor relationships will help ride out the storm, here's how the retail C-suite plans to weather tariffs.
By Kaarin Moore • March 19, 2025 -
Guess receives offer to go private
The offer came from an affiliate of WHP Global, which last year partnered with the denim brand to buy Rag & Bone.
By Lara Ewen • March 19, 2025 -
Beyond sells majority stake in Zulily for $5M
Lyons Trading Company, owner of off-price retailer Proozy, is acquiring the brand. It’s Zulily’s fourth owner in two years.
By Nate Delesline III • March 18, 2025 -
Hudson’s Bay plans to liquidate
With no deal on deck, the iconic Canadian retailer will likely go out of business by June, shuttering all stores and laying off 9,000-plus employees.
By Nate Delesline III • March 17, 2025 -
Retail’s home sector has yet to find steady ground
The category experienced both highs and lows since the pandemic hit. But as sales start to tick up once again, retailers face new challenges.
By Caroline Jansen • March 17, 2025 -
Purple considers strategic alternatives
Possible outcomes include a sale or merger. “One of the outcomes is we don’t do anything differently,” the company’s CEO said.
By Nate Delesline III • March 17, 2025 -
Solo Brands warns it could file for bankruptcy
The company issued a going concern statement citing challenges related to liquidity and existing debt.
By Howard Ruben • March 14, 2025 -
Ulta lost market share in beauty for the first time last year
As part of a wide-ranging turnaround, the beauty retailer is launching a marketplace, expanding its wellness offering and fixing up stores.
By Cara Salpini • March 14, 2025 -
Column
The Weekly Closeout: Hanes jumps into athleisure, iRobot has ‘substantial doubts’ about its future
The underwear brand launched Hanes Moves, while the Roomba creator said the company is undergoing a strategic review.
By Retail Dive Staff • March 14, 2025 -
Dollar General trims Popshelf fleet amid store footprint review
The dollar store chain is cutting 20% of the higher-priced format, while only 96 of its namesake stores will get the axe.
By Nate Delesline III • March 13, 2025 -
Fossil leans on layoffs, more store closures to cut costs
The watch and accessories company is the latest to shore up its wholesale channel and pull back on direct-to-consumer sales.
By Daphne Howland • March 13, 2025 -
Grove Collaborative’s revenue falls more than 17% in Q4
The company is in the midst of a turnaround, which includes a pivot away from wholesale partners and a focus on acquiring third-party brands.
By Nate Delesline III • March 13, 2025 -
US immigration policy could hurt off-pricers
Burlington, TJX and Ross stand to benefit from tariffs and consumer angst, but one of their most important customer bases is under extreme pressure.
By Daphne Howland • March 13, 2025 -
Allbirds Q4 sales plunge as shift from DTC takes a toll
The pain will steadily subside this year, however, as the footwear brand makes progress toward a more profitable distribution model, executives said.
By Daphne Howland • March 12, 2025 -
Dick’s plots ‘significant investments’ in stores, digital as winning streak continues
Technology and marketing will see more capital as the sporting goods retailer looks to take more share in e-commerce and grow its footwear business.
By Cara Salpini • March 11, 2025 -
Kohl’s working to fix mistakes as Q4 sales, profits plummet
Without its Sephora shops, the department store’s holiday results would have been worse, yet the beauty partnership’s boost may be waning.
By Daphne Howland • March 11, 2025 -
Skin care brand Futurewise is shutting down
The company, which entered Target just two years ago, will no longer accept orders on its website after March 24.
By Caroline Jansen • March 11, 2025 -
Hudson’s Bay Co. cites Trump tariffs in bankruptcy filing
The department store company, which also runs Saks Fifth Avenue and Saks Off 5th stores in Canada, will exit the process with a smaller footprint.
By Daphne Howland • March 10, 2025 -
On plots first co-created footwear, apparel collection with Zendaya
Deeper relationships with celebrity ambassadors and wholesale partners are in focus as the activewear brand grows sales by double digits.
By Cara Salpini • March 10, 2025 -
Wayfair lays off 340 tech employees
The company also plans to close its Technology Development Center in Austin, Texas.
By Caroline Jansen • March 7, 2025