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The Weekly Closeout: Kohl’s plans to refinance, Wayfair expands large-format concept
The department store intends to refinance with a $360 million offering of new senior secured notes, while the home goods retailer said another larger store is on the horizon.
By Retail Dive Staff • May 16, 2025 -
Walmart to pay tech company $222M over trade secret misappropriation
The decision by an Arkansas jury is the latest twist in a legal battle between the mass retailer and Zest Labs, which claims Walmart stole technology that extends produce shelf life.
By Peyton Bigora • May 16, 2025 -
Trendline
The state of small business
Disruptions from the pandemic, e-commerce and broader economic trends continue to bedevil operations for small businesses.
By Retail Dive staff -
Dick’s to acquire Foot Locker in $2.4B deal
Analysts are not sold on the deal, which adds a struggling retailer to Dick's strong portfolio, but executives expressed confidence they could turn Foot Locker around.
By Cara Salpini • May 15, 2025 -
Walmart CEO: ‘Higher tariffs will result in higher prices’
The big-box retailer vows to keep those prices as low as possible and is leaning into relationships with vendors to respond to a fluctuating market.
By Kaarin Moore • May 15, 2025 -
Ahead of summer, Target debuts 10K products with thousands priced under $20
In addition to refreshing its assortment for the warmer months ahead, the mass merchant is offering in-store events throughout June.
By Tatiana Walk-Morris • May 15, 2025 -
ThredUp overhauls resale service, slashes fees
The recommerce company is taking an open-source approach, eliminating fees for branded resale shops and broadening access to its partner network.
By Tatiana Walk-Morris • May 14, 2025 -
Church & Dwight acquires Touchland for $880M
The hand sanitizer brand, founded in 2018, has expanded its distribution to major retailers including Target, Ulta and Urban Outfitters.
By Howard Ruben • May 14, 2025 -
American Eagle Outfitters pulls guidance, writes down $75M in inventory
The preliminary Q1 results also revealed a 5% revenue decline and steep operating losses.
By Dani James • May 14, 2025 -
Peloton revenue slides 13% in Q3
Still, executives touted that the connected fitness company performed above the high end of its guidance range as it narrowed losses in the period.
By Caroline Jansen • May 14, 2025 -
FedEx, Amazon strike large-package delivery deal
The agreement comes nearly six years after FedEx let its Express and Ground shipping contracts with the e-commerce giant expire.
By Max Garland • May 14, 2025 -
Walmart touts savings from continued automation efforts
The retailer predicts it will slash costs by more than 30% at its high-tech facilities by year's end, one executive said.
By Philip Neuffer • May 14, 2025 -
Chewy CFO to exit
David Reeder’s departure comes after the company reported rising sales and active customer figures for 2024.
By Grace Noto • May 14, 2025 -
Under Armour nears the end of SKU reduction, turns focus to premium products
The athletics retailer hopes to position its assortment as a higher-end offering, including through a $140 backpack.
By Cara Salpini • May 13, 2025 -
On is raising some prices, but it isn’t because of tariffs
The athletics company saw net sales increase 43% and plans to increase pricing to further differentiate itself as a premium brand in the market.
By Dani James • May 13, 2025 -
Kohl’s paperwork reveals board member left due to governing concerns, lack of transparency
Emails show that Christine Day resigned from her board role due to a disagreement with the company — a disparity from a previous SEC filing.
By Kaarin Moore • May 13, 2025 -
Eco-friendly cleaning product company Blueland arrives in over 1,800 Target stores
The company is bringing nine plastic-free products and exclusive scents to the mass merchant’s stores and website.
By Tatiana Walk-Morris • May 13, 2025 -
Beyond to acquire Kirkland’s IP for $5M — and plans to license it back
Kirkland’s will run stores for both retailers while Beyond will be able to appoint directors to Kirkland’s board.
By Dani James • May 12, 2025 -
QVC CEO: Our consumers are ‘heavily distracted by current events’
The company, which is working to become a live social shopping company, reported a 10% revenue drop in Q1 and swung to a loss.
By Kaarin Moore • May 12, 2025 -
J.C. Penney swings to a loss
Last year’s sales declines and steep net loss put the retailer at the bottom of the struggling department store sector, an analyst said.
By Daphne Howland • May 12, 2025 -
Mattel names CFO amid tariff pressure
The leadership change comes as the California-based toymaker lands squarely in the crosshairs of President Donald Trump’s tariff push.
By Maura Webber Sadovi • May 12, 2025 -
US, China agree to reduce tariff rates for 90 days
By Wednesday, the two countries will charge 10% baseline duties and remove certain retaliatory levies that pushed rates over 100%.
By Philip Neuffer • May 12, 2025 -
Michaels deepens assortment of baking and entertaining products
The launch of over 700 items comes as the craft retailer works to capture share left behind in the wake of the Party City and Joann bankruptcies.
By Howard Ruben • May 12, 2025 -
Why retail’s e-commerce disruption era is over
Brick-and-mortar stores drive the vast majority of core retail sales, and that won’t change any time soon, according to a report from commercial real estate firm Colliers.
By Daphne Howland • May 12, 2025 -
Column
The Weekly Closeout: Hudson’s Bay lands ‘several’ bids and Trump threatens Mattel with tariffs
None of the Canadian retailer’s bids are from insiders. Meanwhile, the president responded to the toy brand's statements on diversifying its supply chain.
By Retail Dive Staff • May 9, 2025 -
Despite 18% sales drop, Allbirds says it could return to top-line growth in Q4
The footwear brand’s new product lineup is set to hit shelves this fall and a refreshed store concept at one location is leading to higher sales.
By Cara Salpini • May 9, 2025