Ross Stores promotes from within for next CFO

William Sheehan, the company’s group senior vice president of finance, will take over when Adam Orvos retires this fall.

By Tatiana Walk-Morris • Feb. 24, 2025

Consumer sentiment slumps on fears tariffs will fuel inflation

Consumers are “clearly bracing for a resurgence in inflation,” said Joanne Hsu, director of the University of Michigan’s Surveys of Consumers.

By Jim Tyson • Feb. 24, 2025

Explore the Trendline➔

Digital innovation and technology trends in retail

Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.

By Retail Dive staff

Saks Global’s vendor trouble hints at financial vulnerability

Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.

By Daphne Howland • Feb. 24, 2025

Why does Walmart want a shopping mall?

It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal.

By Nate Delesline III • Feb. 24, 2025

Mattel leverages diversified supply chain amid new China tariffs

China will represent less than 40% of the toymaker’s global production in 2025 — down from 50% last year.

By Haley Cawthon • Feb. 24, 2025

Half of consumers would switch retailers if offered a coupon

Price-conscious shoppers are no longer hiding in the clearance section.

By Jed Dreben • Feb. 24, 2025

Store closures outpace openings amid ‘historic shift’ to service-based tenants

But the outlook isn’t all bad, as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.

By Nate Delesline III • Feb. 21, 2025

J.C. Penney, Eddie Bauer operator lays off 5% of corporate staff

About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.

By Daphne Howland • Feb. 21, 2025

Ikea to open 8 new US stores this spring, summer

The furniture retailer is executing its multibillion-dollar investment strategy to expand its footprint and revamp its operations.

By Tatiana Walk-Morris • Feb. 21, 2025

Ruggable taps Nike veteran as CEO

Nicole Otto previously led the athletic giant’s direct-to-consumer business in North America and served as The North Face’s global brand president.

By Howard Ruben • Feb. 21, 2025

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

Best Buy launches free degrees for full- and part-time workers

The consumer electronics retailer said it will provide immediate access to the program on the first day of employment.

By Carolyn Crist • 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

Guitar Center names former Wayfair exec chief merchandiser

Jerry Brandehoff joins the retailer with over 30 years of experience, as the company continues to bring fresh faces to its executive team.

By Tatiana Walk-Morris • 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

Target strives for better inventory management, unloading processes

The retailer's supply chain chief said technology and automation can help produce a more efficient inventory mix and flow into stores.

By Max Garland • Feb. 20, 2025

Michaels names Staples Canada vet CEO

David Boone succeeds Ashley Buchanan, who stepped down in January to lead Kohl’s.

By Nate Delesline III • Feb. 19, 2025

Saks Global to close century-old Neiman Marcus flagship in downtown Dallas

The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.

By Daphne Howland • Feb. 19, 2025

Nordstrom brings on Neiman Marcus vet as director of luxury styling

Catherine Bloom joins the department store in the new role, and a Nordstrom Local location in Los Angeles will be a dedicated storefront for her clients.

By Kaarin Moore • Feb. 19, 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

The convenience of modularity

In a world shaped by innovation, one secret fuels true convenience—modularity. But at what cost?

Feb. 18, 2025

Trump orders reciprocal tariffs on all countries

“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.

By Philip Neuffer • Feb. 13, 2025

Dick’s quietly scales back outdoors business

The Moosejaw website now leads to Public Lands, and both retailers have shuttered stores.

By Cara Salpini • Feb. 13, 2025

Joann to close more than 500 stores

The crafts retailer, which received no buyer interest in the locations, could liquidate entirely if a sale to Gordon Brothers comes to fruition.

By Nate Delesline III • Feb. 13, 2025