The Weekly Closeout: GameStop eyes asset sale, Hasbro plans a turnaround

The gaming retailer is seeking buyers for its operations in France and Canada, while the toy company’s strategy “will drive Hasbro’s evolution into a modern play company.”

By Retail Dive Staff • Feb. 21, 2025

Wayfair’s revenues inch up in Q4 as losses narrow

While the retailer's customer base continues to shrink, CEO Niraj Shah is optimistic that the home goods downturn is nearing its end.

By Caroline Jansen • Feb. 20, 2025

Walmart issues modest full-year earnings outlook despite strong Q4

The company is cautiously optimistic about its outlook, but Chief Financial Officer John David Rainey said there is uncertainty around consumer behavior and, more broadly, global economic and geopolitical considerations.

By Nate Delesline III • Feb. 20, 2025

Tapestry to sell Stuart Weitzman for $105M

With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.

By Laurel Deppen • Feb. 20, 2025

Kirkland’s to close some stores as part of turnaround

The retailer is also eliminating low-performing SKUs and will boost its e-commerce in partnership with Beyond.

By Nate Delesline III • Feb. 18, 2025

Crocs expects $11M hit to gross profit from tariffs

The footwear retailer ended 2024 with ongoing strength at its namesake brand and hope for a turnaround at struggling Heydude.

By Daphne Howland • Feb. 18, 2025

Grove Collaborative acquires Grab Green

The deal extends an existing partnership between the two companies, as Grab Green in 2019 became a third-party vendor for the sustainable retailer.

By Howard Ruben • Feb. 13, 2025

Liberated Brands to close all stores, sell its wholesale inventory following bankruptcy

The company hired Gordon Brothers to conduct liquidation sales for its operated stores including Billabong, Roxy and Quiksilver.

By Laurel Deppen • Feb. 12, 2025

Party City IP, wholesale operations to be acquired for $20M

An affiliate of Ad Populum is buying the party retailer's IP, but Dollar Tree and Five Below emerged as top bidders for the company's store leases.

By Nate Delesline III • Feb. 11, 2025

Skechers reaches record growth, but stock tumbles following weak outlook

The footwear giant is also preparing to change its sourcing strategies amid tariff challenges.

By Laurel Deppen • Feb. 10, 2025

The Weekly Closeout: Beyond closes Kirkland’s deal — and a very beary Valentine’s Day

The two home retailers finalized their investment deal, while Build-A-Bear expanded its long-running “After Dark” collection.

By Retail Dive Staff • Feb. 7, 2025

Amazon’s faster delivery, lower prices drive holiday sales boom

As stores offer empty shelves and locked-up merchandise, the e-commerce giant makes itself convenient to budget-minded shoppers.

By Daphne Howland • Feb. 7, 2025

Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to Somnigroup

A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three decentralized business units and the largest bedding company in the world.

By Daphne Howland • Feb. 6, 2025

Under Armour e-commerce sales fall 20% as it pulls back on promotions

Still, overall revenue came in better than expected and CEO Kevin Plank said the brand has more wholesale partnerships in the works.

By Cara Salpini • Feb. 6, 2025

Peloton sales fall 9% in Q2 as memberships slide

With a new CEO, the fitness brand is focused on expanding its core audience and distribution network.

By Caroline Jansen • Feb. 6, 2025

Costco’s ‘voice’: The long goodbye

Richard Galanti retired from the warehouse club on Jan. 30, after pivoting to an advisory role following his departure from the CFO seat he held for roughly four decades.

By Maura Webber Sadovi • Feb. 6, 2025

Estée Lauder warns of up to 7,000 job cuts globally

The layoffs, which represent up to 11% of its global workforce, arrive alongside a restructuring plan that extends into the C-suite.

By Nate Delesline III • Feb. 4, 2025

China responds to Trump with added tariffs on certain products

The duties are set to take effect Feb. 10 and come just a day after last-minute deals with Mexico and Canada delayed tariffs in those countries.

By Max Garland • Feb. 4, 2025

Walgreens suspends dividend in latest cost-cutting measure

The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.

By Nate Delesline III • Jan. 31, 2025

Deckers to phase out Koolaburra

The move comes as higher-priced Ugg gains strength, notching $2.2 billion in net sales in the last fiscal year and $1.2 billion in this year’s Q3 alone.

By Daphne Howland • Jan. 31, 2025

UPS to cut Amazon volume by more than 50%

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

By Max Garland • Jan. 31, 2025

Levi’s braces for effects of economic uncertainty on consumers

The denim brand shrugged off tariffs thanks to its diverse sourcing, but warned its outlook could sour if inflation and other pressures worsen.

By Daphne Howland • Jan. 30, 2025

Walmart Canada to invest $4.5B in stores, supply chain over the next 5 years

As part of the initiative, the retailer plans to open a distribution center in the spring and five supercenters by 2027.

By Nate Delesline III • Jan. 30, 2025

VF returns to growth after 2 years of declines

The Vans owner attributed the better-than-expected Q3 revenue to stronger DTC sales and “outsized wholesale performance.”

By Laurel Deppen • Jan. 30, 2025

The Container Store exits bankruptcy

The retailer used Chapter 11 to shed nearly $88 million in debt and will go forward as a privately held company owned by its lenders.

By Nate Delesline III • Jan. 29, 2025