Amer Sports eyes $8.7B valuation in IPO

The retailer, which owns Wilson and Arc’teryx, is looking to raise up to $1.8 billion in its public market debut.

By Nate Delesline III • Jan. 23, 2024

Macy’s rejects $5.8B take-private offer

The move nevertheless puts the retailer's shareholders in a quandary and a spotlight on incoming CEO Tony Spring, analysts say.

By Daphne Howland • Jan. 22, 2024

Walmart ups store manager pay to an average $128K, revamps bonus structure

“The number one driver of job satisfaction is an associate’s manager,” a Walmart executive noted in his announcement.

By Emilie Shumway • Jan. 22, 2024

The Honey Pot to be acquired

Through an acquisition with Compass Diversified, the feminine care brand plans to expand into other product categories.

By Howard Ruben • Jan. 19, 2024

‘It’s going to be a very tough year’: Casper CEO on the home goods market in 2024

The executive, along with Brooklinen CEO Billy May, discussed challenges in the sector and how to usher DTC brands into the next era of growth.

By Caroline Jansen • Jan. 17, 2024

The Weekly Closeout: Layoffs at Amazon and LeBron James partners with Fanatics

The e-commerce giant cut jobs in Prime Video and MGM Studios, while the NBA superstar joined Fanatics Collectibles.

By Retail Dive Staff • Jan. 12, 2024

Beyond Meat CFO takes on chief accounting officer responsibilities

Following Henry Dieu’s departure from the plant-based pioneer, Lubi Kutua is adding to his already full plate.

By Elizabeth Flood • Jan. 12, 2024

Rent the Runway to cut 10% of its corporate workforce, COO resigns

The designer rental service is launching a restructuring plan, which it says will result in $11 million to $13 million in annualized run rate cash savings.

By Laurel Deppen • Jan. 10, 2024

Authentic CEO: Buying Forever 21 ‘biggest mistake I made’

Jamie Salter also says Shein makes “a lot more than $30 billion” and hinted that the brand licensing firm could go public in the next 18 months.

By Cara Salpini • Jan. 10, 2024

Mango plans to open 500 new stores by 2026

The apparel brand, which is celebrating its 40th anniversary, will expand and launch stand-alone Mango Home locations.

By Kaarin Moore • Jan. 9, 2024

Fitch: ‘Rising headwinds’ are rushing toward consumers in 2024

During a panel at the ICR conference, the ratings agency predicted shoppers will seek out greater value in 2024 as high debt levels and reduced savings catch up to them.

By Cara Salpini • Jan. 9, 2024

The Container Store lowers Q3 sales guidance

The retailer cited “challenging business trends” in revising its financial outlook.

By Nate Delesline III • Jan. 9, 2024

Lululemon raises Q4 revenue outlook

The athletic apparel retailer credited the holiday season for helping to drive performance near the end of the year.

By Nate Delesline III • Jan. 8, 2024

New CEO at Solo Brands as Q4 sales disappoint

Former Vista Outdoor CEO Christopher Metz will replace John Merris later this month, as the company lowers guidance for the fiscal year.

By Daphne Howland • Jan. 8, 2024

7 retail trends to watch in 2024

From economic pressures weighing on consumers to relocating stores away from malls, here’s what’s on retailers’ minds heading into the new year.

By Retail Dive Staff • Jan. 8, 2024

Amer Sports files for IPO

The company behind Wilson tennis rackets and Arc'teryx winter sport apparel is focused on adding physical stores and growing its DTC presence.

By Nate Delesline III • Jan. 5, 2024

Chico’s joins Sycamore’s KnitWell Group

Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.

By Daphne Howland • Jan. 5, 2024

Party City balloon supplier Anagram exits bankruptcy

In a deal with a group of investors, the balloon manufacturer will operate as an independent company and continue supplying Party City.

By Nate Delesline III • Jan. 4, 2024

Walgreens slashes dividend as US retail drags in Q1

Traffic and sales at the company’s U.K. Boots locations benefit from strength in beauty, while in the U.S. it’s more focused on healthcare services.

By Daphne Howland • Jan. 4, 2024

Digital Brands Group expects to earn $27M in revenue in 2024

The company, which is undergoing a strategic review, said it is working to boost shareholder value.

By Laurel Deppen • Jan. 4, 2024

The Backroom: Doug Stephens’ retail predictions for 2024

The retail and branding expert discusses the state of the consumer, the habits companies should leave behind in 2023 and what lies ahead in the new year.

By Retail Dive Staff • Dec. 28, 2023

Zulily goes out of business, plans to liquidate

The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership. 

By Nate Delesline III • Dec. 26, 2023

Nike unveils $2B cost-savings plan to drive growth, profitability

The retailer is streamlining the organization, simplifying its product portfolio, increasing automation and using scale to drive efficiencies.

By Cara Salpini • Dec. 22, 2023

With Series A investment, Iris&Romeo to enter Sephora

The clean beauty brand received an investment from True Beauty Ventures, whose portfolio also includes BeautyStat, Caliray, Vacation and Dieux.

By Howard Ruben • Dec. 22, 2023

The Weekly Closeout: Ecco opens in SoHo and will Something Navy be sold for $1?

The footwear brand opened in New York City as it celebrates its 60th anniversary, while the blogger-founded apparel company reportedly will be sold.

By Retail Dive Staff • Dec. 22, 2023