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StockX co-founder to take over as CEO amid declines in sneaker resale
Greg Schwartz, who has been the company’s chief operating officer since its 2016 launch, will replace Scott Cutler, an early investor.
By Daphne Howland • Nov. 8, 2024 -
Kizik taps 20-year Nike vet as SVP of design
Andreas Harlow, former vice president and global footwear creative director of Nike’s Jordan Brand, joined the hands-free footwear brand earlier this fall.
By Howard Ruben • Nov. 8, 2024 -
Trendline
Inside retail supply chains
Companies looking to curry favor with customers, trim logistical expenses and improve efficiency, are reorganizing operations.
By Retail Dive staff -
67% of parents will use BNPL to finance the holidays
Parents are using pay later plans to justify large purchases and better manage their finances, according to a new survey.
By Tatiana Walk-Morris • Nov. 8, 2024 -
Column
The Weekly Closeout: E.l.f. Beauty enters Dollar General as retail preps for a new president
The beauty brand is looking to democratize its offerings, while retail trade groups and analysts sound the alarm on tariffs amid the election results.
By Retail Dive Staff • Nov. 8, 2024 -
Wayfair COO steps down
At the end of the year, Thomas Netzer will exit the role he’s occupied since 2019.
By Kaarin Moore • Nov. 8, 2024 -
Tempur Sealy, Mattress Firm seek to pause FTC case
The companies say being forced to litigate both a federal court case and an FTC challenge would cause undue financial hardship.
By Nate Delesline III • Nov. 8, 2024 -
Warby Parker raises full-year guidance as it posts double-digit revenue growth in Q3
The company is on track to open 40 new stores by the end of the year and continues to add eye exam locations as it works to grow its vision offerings.
By Caroline Jansen • Nov. 7, 2024 -
Under Armour plots ‘most significant’ marketing to date as it works to win back shoppers
“I don’t believe the consumer’s mad at us, we just have to give them a reason to want to engage with us again,” CEO Kevin Plank said on a call with analysts.
By Cara Salpini • Nov. 7, 2024 -
27% of shoppers will switch retailers, abandon purchase if they come across locked-up products: report
More than half of consumers report seeing more merchandise locked up in stores in the past year, according to a recent survey from Numerator.
By Howard Ruben • Nov. 6, 2024 -
Home Depot co-founder Bernard Marcus dies at 95
In 1979 he launched a company that would eventually operate 2,300 stores and employ over 500,000 associates.
By Nate Delesline III • Nov. 6, 2024 -
As Trump rises again, so too might inflation
Some retailers could get hit hard by policies promised by the president-elect, especially tariffs and taxes, though tax breaks may be a tailwind.
By Daphne Howland • Nov. 6, 2024 -
Sheetz accepting crypto at all locations
After a limited trial run, customers can now use several popular digital currencies to buy items at all of the retailer’s 750-plus locations.
By Jessica Loder • Nov. 5, 2024 -
Dollar Tree CEO steps down
Rick Dreiling’s departure due to health concerns comes as the company is navigating several challenges, including a possible spinoff or sale of its Family Dollar banner.
By Nate Delesline III • Nov. 5, 2024 -
Skin care brand Dieux names CEO
Ryan Scott, who was formerly president and chief people officer of beauty brand Tatcha, succeeds Dieux’s co-founder Charlotte Palermino.
By Howard Ruben • Nov. 5, 2024 -
De minimis overhaul will start before next president: former Biden official
A rulemaking proposal being issued by early December is very likely, according to former White House COVID-19 supply coordinator Tim Manning.
By Max Garland • Nov. 5, 2024 -
About 200K veterans leave the military each year. Here’s why some choose retail careers.
Retail careers have much in common with the military, including striving for excellence in a people-led environment and tapping into teamwork to make it happen.
By Nate Delesline III • Nov. 5, 2024 -
Vitamin Shoppe owner files for bankruptcy
Franchise Group, which also runs Pet Supplies Plus and Buddy’s Home Furnishings, will shut down American Freight starting this week.
By Daphne Howland • Nov. 4, 2024 -
True Religion to open 3 new stores in November
The brand is opening locations in New York, Texas and Illinois — markets where it has seen increased shopping on its website.
By Tatiana Walk-Morris • Nov. 4, 2024 -
Casper finds new owners through Carpenter Co. deal
The brand, which was acquired in 2022 by Durational Capital Management, has become a subsidiary of the polyurethane foams manufacturer.
By Caroline Jansen • Nov. 4, 2024 -
Amazon’s inbound fulfillment process is getting a makeover
CEO Andy Jassy said initial efforts to improve inventory placement are bearing fruit while more investments are underway.
By Max Garland • Nov. 4, 2024 -
Deep Dive
DTC is dead. Long live DTC.
As a channel, it remains key to growth for many retailers. But the era of the DTC brand as we know it is over.
By Cara Salpini • Nov. 4, 2024 -
Column
The Weekly Closeout: Brooks Running hits revenue record and Ollie’s Bargain Outlet acquires former Big Lots stores
The running brand surpassed $1 billion in global revenue year to date, while Ollie’s acquired more leases from the bankrupt discounter.
By Retail Dive Staff • Nov. 1, 2024 -
A Peloton subscriber will be its next CEO
Ford Executive Peter Stern has also held leadership roles at Apple — where he was co-founder of Apple Fitness+ — and Time Warner Cable.
By Daphne Howland • Oct. 31, 2024 -
Estée Lauder appoints CEO
Stéphane de La Faverie has been with the beauty giant since 2011 and succeeds Fabrizio Freda, who announced his retirement earlier this year.
By Howard Ruben • Oct. 31, 2024 -
Wayfair to lay off 218 employees as it plans to close returns center
Taking effect at the end of 2025, the move will also impact an outlet store as the company trims expenses.
By Max Garland • Oct. 31, 2024