Financial News
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Lovesac taps Crocs veteran as first chief brand and marketing officer
As chief marketing officer at the footwear brand, Heidi Cooley had a digital and social-first approach to driving growth.
By Howard Ruben • April 14, 2025 -
The Weekly Closeout: JD Sports now ‘bigger than Foot Locker’ and is Rite Aid mulling another bankruptcy?
JD Sports said it has more market share in North America than its rival retailer, while the drugstore is reportedly contemplating refiling.
By Retail Dive Staff • April 11, 2025 -
At brick-and-mortar powerhouse Walmart, e-commerce turns profitable
The retail giant isn’t immune to tariff fallout but is maintaining its outlook, in part because it sees market share opportunity, executives said Wednesday.
By Daphne Howland • April 10, 2025 -
Trump pauses most reciprocal tariffs, hikes China’s further
The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.
By Philip Neuffer • Updated 21 hours ago -
Any Levi’s tariff-related price bumps will be ‘surgical,’ but impact of trade policy still unclear
Chief Financial and Growth Officer Harmit Singh this week said the last time the company faced a similarly murky challenge was during the pandemic.
By Daphne Howland • April 9, 2025 -
China raises tariffs on US to 84%, matching Trump’s increase
The retaliatory duties, taking effect Thursday, were originally set at 34% before the White House raised its own rates further.
By Max Garland • April 9, 2025 -
Trump threatens 50% tariff on China if retaliatory duties stay
In response, China’s Ministry of Commerce said it has no intention of backing down and vowed to install countermeasures if Trump’s threat holds.
By Max Garland • Updated April 8, 2025 -
RH releases clarification on demand, tariff exposure following CEO’s impromptu alarm
As shares plummeted after the president’s trade announcement Wednesday, CEO Gary Friedman let loose an expletive during an earnings call.
By Daphne Howland • April 7, 2025 -
Guess to close underperforming stores in North America
The company’s Rag & Bone acquisition is driving revenue increases, but profits plunged in the holiday quarter.
By Daphne Howland • April 4, 2025 -
Column
The Weekly Closeout: Hudson’s Bay hunts for a buyer and tariffs hit apparel hard
The department store is soliciting offers for part or all of its business. Meanwhile, one analyst said new tariffs put “all 2025 guidance at risk.”
By Retail Dive Staff • April 4, 2025 -
Deep Dive
Fashion industry reacts to sweeping tariff changes
Experts say the new policies are likely to raise prices and weaken consumer confidence, and are unlikely to bring U.S. manufacturing back.
By Lara Ewen • April 4, 2025 -
NRF expects ‘slower trajectory for consumer spending’ in 2025 as tariffs fuel uncertainty, inflation fears
Retail sales could grow 3.7% at best — or well under 3% — as many consumers reach the limits of their spending power, the trade group said.
By Daphne Howland • April 3, 2025 -
Lululemon leans on newness to lure reluctant US customers
This year the brand plans to expand its footprint by opening stores and enlarging existing locations, and will add new markets abroad.
By Daphne Howland • March 28, 2025 -
The image by Jelson25 is licensed under CC BY-SA 3.0Column
The Weekly Closeout: GameStop pays for CEO’s security, layoffs at Mattel
The gaming retailer paid nearly $270,000 last year for Ryan Cohen’s executive security, while the toy company laid off 120 workers at its headquarters.
By Retail Dive Staff • March 28, 2025 -
‘Please, no hot sauce’: Shark Tank’s Kevin O’Leary on today’s retail startups
In addition to the category he never wants to see again, O’Leary also highlighted a marketing channel he thinks all brands should be contemplating.
By Cara Salpini • March 27, 2025 -
Chewy subscriptions drive sales, market share gains
The online pet retailer finished its fiscal year with increases in sales, profits, active customers and market share.
By Daphne Howland • March 27, 2025 -
Levi’s CEO: ‘If the wallet’s tighter, then we have to work harder’
Pickier shoppers just means higher execution is needed from the denim brand, Michelle Gass said. But a little help from Beyoncé never hurts.
By Cara Salpini • March 27, 2025 -
GameStop to close ‘significant number’ of stores, invest in bitcoin
The closures are on top of the company shuttering nearly 600 U.S. locations last year.
By Kaarin Moore • March 27, 2025 -
Dollar Tree sells Family Dollar for $1B
A sale to private equity comes 10 years after Dollar Tree acquired its rival for $8.5 billion, a decade when the business has mostly dragged down results.
By Daphne Howland • March 26, 2025 -
Coty sells stake in Kim Kardashian beauty brand Skkn to Skims
Skims will unite its beauty and lifestyle ventures under one brand in a “pivotal” expansion for the shapewear brand.
By Tatiana Walk-Morris • March 25, 2025 -
BuyBuy Baby to relaunch online in May
The announcement comes nearly two months after Beyond acquired the baby retailer, reuniting it with its former owner Bed Bath & Beyond.
By Caroline Jansen • March 25, 2025 -
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