Operations: Page 24
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Daphne Howland/Retail Dive
Deep DiveNordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say.
By Daphne Howland • Dec. 16, 2024 -
Brandon Bell via Getty Images
Dollar General scales back on temporary warehouses
The retailer plans to rely more on self-owned distribution centers to boost performance and capacity.
By Philip Neuffer • Dec. 16, 2024 -
Explore the Trendline➔
Cara Salpini/Retail Dive
TrendlineA look at the 2024 holiday season
From price-conscious shoppers to ever-changing tariffs, retailers have a lot to juggle this holiday season.
By Retail Dive staff -
RH to open 9 new design galleries next year in North America, Europe
The luxury home furnishings retailer also said possible tariff spikes are unlikely to affect margins as it works to eliminate sourcing from China.
By Nate Delesline III • Dec. 13, 2024 -
Daphne Howland/Retail Dive
L.L. Bean confirms layoffs of up to 3% of Maine HQ workforce
The outdoor retailer earlier this year announced plans to expand its store footprint, despite sales declines in 2023.
By Daphne Howland • Dec. 13, 2024 -
Cara Salpini/Retail Dive
Under Armour holds first investor day in 6 years
Capping off a difficult year, CEO Kevin Plank outlined the brand’s strategy to get back to growth through marketing reinvestment and product innovation.
By Cara Salpini • Dec. 13, 2024 -
Courtesy of Amazon
ColumnThe Weekly Closeout: Adidas headquarters searched, Amazon starts selling cars
The activewear brand is under investigation for tax and customs compliance, while the e-commerce giant is offering Hyundai cars through Amazon Autos.
By Retail Dive Staff • Dec. 13, 2024 -
Anna Gorbacheva via Getty Images
Shoppers projected to return $890B in merchandise this year
According to an estimate by the National Retail Federation, returns will amount to 16.9% of retailers’ annual sales in 2024.
By Tatiana Walk-Morris • Dec. 12, 2024 -
Nate Delesline III/Retail Dive
Lowe’s debuts marketplace, plans store fleet growth
The company will also extend its rural offerings, expand jobsite delivery and teased initiatives that are expected to deliver $1 billion in annual savings.
By Nate Delesline III • Dec. 12, 2024 -
Daphne Howland/Retail Dive
GameStop eyes more store closures amid 20% sales drop
The gaming retailer swung to a profit in Q3 even as it announced an exit from Germany and warned of higher store closures than previous years.
By Nate Delesline III • Dec. 11, 2024 -
Daphne Howland/Retail Dive
Macy’s speeds up store closures to amp up turnaround
The retailer also said that for nearly three years an employee hid about $151 million in delivery expenses but that the fraud didn’t affect sales.
By Daphne Howland • Dec. 11, 2024 -
Permission granted by Foxtrot
Outfox Hospitality faces $3.8M in labor penalties
The Illinois Department of Labor seeks back wages from the bankrupt retailer for failing to give workers 60 days’ notice before they were laid off.
By Jessica Loder • Dec. 11, 2024 -
Courtesy of The Container Store
NYSE moves to delist The Container Store
The home retailer has made several moves this year to strengthen its financial position as consumer reticence around discretionary spending persists.
By Nate Delesline III • Dec. 10, 2024 -
Cara Salpini/Retail Dive
Reebok undergoes layoffs tied to footwear business
Sparc, which runs the sportswear brand’s U.S. operations, is making cuts as it transfers some of its Reebok licenses.
By Cara Salpini • Dec. 10, 2024 -
Daphne Howland/Retail Dive
Under new ownership, Lord & Taylor revives old logo and comeback dreams
The chief strategy officer at Regal Brands Global, which now runs the venerable department store, talks to Retail Dive about what comes next.
By Daphne Howland • Dec. 10, 2024 -
Kamil Krzaczynski via Getty Images
How retailers prepped their supply chains for 2024’s holiday crunch
Companies adjusted inventory and marketing strategies to accommodate the shorter Black Friday to Christmas timeframe.
By Philip Neuffer • Dec. 10, 2024 -
Daphne Howland/Retail Dive
Activist firms demand Macy’s consider options for Bloomingdale’s
The department store is winding up the year as it began, with investors on its case — this time it's Barington Capital Group and Thor Equities.
By Daphne Howland • Dec. 9, 2024 -
Courtesy of Merrell
Merrell taps Under Armour veteran as chief product officer
In addition to spending nearly 11 years at the athletics brand, Noreen Naroo-Pucci also has experience from Mizzen+Main and Calvin Klein.
By Howard Ruben • Dec. 9, 2024 -
Courtesy of Best Buy
Best Buy launches scheduled parcel delivery
The capability, live in several U.S. markets, allows customers to select a two-hour delivery window up to a week in advance.
By Max Garland • Dec. 9, 2024 -
Courtesy of Etsy
Etsy shuffles C-suite, elevates Depop CEO to chief growth officer
At the same time, the marketplace named a new chief marketer and chief financial officer, and is searching for a new chief technology officer.
By Tatiana Walk-Morris • Dec. 6, 2024 -
Courtesy of ThredUp
ColumnThe Weekly Closeout: ThredUp sells Remix for $1 and who really won Black Friday?
The resale business sold most of the European company to Florin Filote for one euro, while early reports suggest On and Amazon scored sales during the holiday.
By Retail Dive Staff • Dec. 6, 2024 -
Courtesy of Target
Court blocks Target’s attempt to move, dismiss DEI-related shareholder suit
The lawsuit argued that Target’s “DEI/ESG mandates” had a “known risk of adverse customer reactions,” and should have therefore been disclosed in investor statements.
By Caroline Colvin • Dec. 6, 2024 -
Courtesy of DoorDash
David’s Bridal, Five Below among new DoorDash partners
The additions are part of the on-demand delivery service’s plan to expand its retail offerings.
By Xanayra Marin-Lopez • Dec. 5, 2024 -
Courtesy of Five Below
Five Below taps Forever 21 exec as CEO
Retail vet Winnie Park will take the top spot. Meanwhile, the teen retailer increased its guidance.
By Kaarin Moore • Dec. 5, 2024 -
Sam Silverstein/Retail Dive
Shrink down at Dollar General after backing away from self-checkout
Hurricanes took a toll in the third quarter and into the fourth, leading the discounter to lower its guidance slightly for the year.
By Daphne Howland • Dec. 5, 2024 -
Courtesy of Foot Locker
Facing Nike ‘softness,’ Foot Locker sales fall 1.4%
CEO Mary Dillon said the retailer has made progress on its strategy, but was hurt by a more cautious consumer.
By Cara Salpini • Dec. 4, 2024
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