Financial News
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Courtesy of Levi's
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 -
Permission granted by Walmart Canada
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 -
Courtesy of The Container Store
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 -
Courtesy of Canada Goose
Canada Goose taps former Stella McCartney chief merchant to lead global merchandising
Judit Bankus, who spent eight years at Burberry and helped found the Karl Lagerfeld brand, will work closely with Creative Director Haider Ackermann.
By Daphne Howland • Jan. 28, 2025 -
Permission granted by Amazon
What holiday sales mean for 2025
Uncertainties persist, but five years after the pandemic lockdown, this year may at last mark a return to normal.
By Daphne Howland • Jan. 27, 2025 -
Courtesy of Puma
ColumnThe Weekly Closeout: Puma eyes ‘efficiency program,’ Adidas could cut jobs
Puma wants to improve operations and cut costs in the name of profitability, while Adidas said its operating model is too complex.
By Retail Dive Staff • Jan. 24, 2025 -
Courtesy of Walmart
Private label sales hit record in 2024
Store brand sales increased nearly 4% to $271 billion, according to a new report from the Private Label Manufacturers Association.
By Catherine Douglas Moran • Jan. 23, 2025 -
Permission granted by Books Inc.
Books Inc. files for Chapter 11
The California-based retailer said the pandemic kicked off years of falling revenue and rising costs. It will close at least one store but stay in business.
By Nate Delesline III • Jan. 23, 2025 -
Vince Holding Corp. sells majority stake to P180, former CEO returns
Brendan Hoffman, formerly of Wolverine World Wide, is returning to the top spot at Vince after holding the role from 2015 to 2020.
By Laurel Deppen • Jan. 23, 2025 -
Andrew Harnik via Getty Images
Trump eyes 10% China tariff hike by Feb. 1
The president floated a similar timeline for 25% tariffs on Canada and Mexico.
By Philip Neuffer • Jan. 23, 2025 -
Courtesy of Walmart
Walmart invests in automation as it sells robotics arm
The retail giant will fund the buildout of more than 400 accelerated pickup and delivery centers as part of its agreement with Symbotic.
By Philip Neuffer • Jan. 22, 2025 -
Courtesy of Adidas
Adidas sales surge 24% in preliminary Q4 results
For the full year, revenue was also up double-digits, though CEO Bjørn Gulden said the brand is “not yet where we want to be long term.”
By Cara Salpini • Jan. 22, 2025 -
Permission granted by Dieux
9 brands to watch in 2025
From skin care companies like Prequel and Dieux to footwear brand Kizik, these retailers are separating themselves from the rest.
By Caroline Jansen • Updated Jan. 21, 2025 -
shutterstock.com/fizkes
Sponsored by CheckrRetail hiring redefined: Strategic insights from HR leaders
What’s top of mind for HR leaders as they drive retail’s evolution in 2025? Explore key insights.
Jan. 21, 2025 -
Permission granted by SC Ports/Marion Bull
Tariffs may add to ‘a toxic brew for consumers’
Retailers and consumers will feel added pressure if proposed tariffs are implemented, industry analysts and experts told Retail Dive.
By Nate Delesline III • Jan. 17, 2025 -
Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Foot Locker taps Sonia Syngal for board and New Balance sales hit a record
Also joining the footwear retailer’s board is Ace Hardware CEO John Venhuizen. Meanwhile, New Balance landed $7.8 billion in global sales last year.
By Retail Dive Staff • Jan. 17, 2025 -
Courtesy of Target
Target taps new execs to lead store and digital teams
Two longtime company veterans are retiring as part of the changes, which came as the retailer reported encouraging sales growth in the holiday season.
By Nate Delesline III • Jan. 16, 2025 -
Daphne Howland/Retail Dive
Joann files for bankruptcy for the second time in a year
The crafts retailer was forced back into Chapter 11 by the wider retail environment and its own financial and inventory woes, the company said.
By Daphne Howland • Jan. 15, 2025 -
Nordstrom raises 2024 guidance following holiday boost
Despite concerns going into the holiday season, the company’s namesake banner and Nordstrom Rack both reported sales and comps growth.
By Tatiana Walk-Morris • Jan. 15, 2025 -
Daphne Howland/Retail Dive
Macy’s doubles down on its ‘three-brand portfolio’
CEO Tony Spring said that Macy’s, Bloomingdale’s and Bluemercury are stronger together thanks to back-end synergies.
By Daphne Howland • Jan. 14, 2025 -
Yujin Kim/Retail Dive
These retailers could file for bankruptcy in 2025
From At Home to Guitar Center, here’s who’s most at risk in the year ahead.
By Cara Salpini • Updated Jan. 18, 2025 -
Reebok’s US operations acquired by Galaxy Universal
Under new ownership, the company plans to open more full-price or experiential stores, according to a Reebok executive.
By Kaarin Moore • Jan. 13, 2025 -
Permission granted by Big Lots
ColumnThe Weekly Closeout: Ulta’s future and Big Lots’ store-saving deal
The beauty retailer named a new CEO while Big Lots closed on a sale agreement that will enable it to keep hundreds of stores open.
By Retail Dive Staff • Jan. 10, 2025 -
John Shearer/WireImage for HollyRod Foundation via Getty Images
Private equity firm buys controlling stake in True Religion
The deal with Acon Investments comes as the denim brand looks to diversify its product offering and expand its reach.
By Laurel Deppen • Jan. 10, 2025
