Operations: Page 3

  • Trees with bare branches on each side of a crafts store.
    Image attribution tooltip
    Courtesy of Hobby Lobby
    Image attribution tooltip

    Ikea, Hobby Lobby opening stores in Manhattan for the first time

    As tourism has increased, average asking rents in New York City have also risen, according to JLL's Q2 report.

    By • July 8, 2024
  • Room with a neon sign that says 'Be Unreasonable' with weights and a desk.
    Image attribution tooltip
    Courtesy of Klarna
    Image attribution tooltip

    Klarna extends buy now, pay later services to Adobe Commerce merchants

    Though BNPL transactions are on the rise, they especially appeal to cash-strapped customers, research suggests.

    By Tatiana Walk-Morris • July 8, 2024
  • Explore the Trendline➔
    Image attribution tooltip
    Pexels; Adrianna Calvo
    Image attribution tooltip
    Trendline

    The latest in experiential retail

    With customers returning to in-store shopping, retailers are testing out new store concepts, exiting others and otherwise refining their brick-and-mortar touchpoints.

    By Retail Dive staff
  • A label hangs from a pair of pants. The label reads "Express."
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    Express bankruptcy spurs layoffs at Ohio facility

    The company's partner, Bath & Body Works Logistics Services, is shrinking its distribution operations for the apparel retailer due to declines in volume.

    By Philip Neuffer • July 8, 2024
  • The eBay logo is displayed on the roof of eBay headquarters.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    EBay to accept Venmo

    After dropping American Express, the marketplace said it will accept payments through Venmo — a digital tool popular among Gen Z and millennials.

    By Patrick Cooley • July 8, 2024
  • Mattress Firm storefront.
    Image attribution tooltip
    Permission granted by Mattress Firm
    Image attribution tooltip

    FTC blocks Tempur Sealy’s proposed $4B takeover of Mattress Firm

    The mattress giant expressed confidence in its ability to prevail in court and close the deal later this year or early next.

    By • July 3, 2024
  • A Sam Ash Music storefront
    Image attribution tooltip
    Nate Delesline III/Retail Dive
    Image attribution tooltip

    Sam Ash assets acquired for $15.2M

    Mexican company Gonher is purchasing “substantially all” of its assets, following the music retailer's Chapter 11 bankruptcy in May.

    By • July 3, 2024
  • A person with a black beard, wearing a black cowboy hat, black jacket, black boots and blue jeans with a bag of feed. Three cattle to the left are eating something on the ground.
    Image attribution tooltip
    Courtesy of John Boyd
    Image attribution tooltip

    Black farmers call on Tractor Supply CEO to resign following diversity about-face

    John Boyd, president of the National Black Farmers Association, a Tractor Supply shareholder and fourth-generation farmer, said he has tried to reach out to the company’s top executive.

    By • July 3, 2024
  • A mockup of Ikea's 5th avenue retail tower coming in 2028.
    Image attribution tooltip
    Courtesy of Ingka Investments
    Image attribution tooltip

    Ikea majority owner invests in real estate in NYC

    Ingka Investments plans to build a retail and office space three minutes from Grand Central Station and Bryant Park.

    By • July 3, 2024
  • White puffy clouds against a blue sky, behind a store with a blue and white banner.
    Image attribution tooltip
    "Bob's Stores" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    All Bob’s Stores locations to close

    The retailer was unable to secure the financing necessary to keep operating. The fate of sibling Eastern Mountain Sports remains unclear.

    By • July 2, 2024
  • Image attribution tooltip
    Courtesy of Signet Jewelers
    Image attribution tooltip

    Rocksbox drops rental subscription

    The jewelry company has rebranded as an e-commerce site, selling both new and pre-owned items.

    By Howard Ruben • July 2, 2024
  • A person exiting a room where there are three pictures hung above a cabinet
    Image attribution tooltip
    Courtesy of Framebridge
    Image attribution tooltip

    Framebridge opens first store in Texas

    The location in Austin marks the DTC framing company’s 23rd store nationwide.

    By Howard Ruben • July 2, 2024
  • An array of Fossil Group watches during a 2017 event
    Image attribution tooltip
    Astrid Stawiarz via Getty Images
    Image attribution tooltip

    Fossil names interim CFO after finance chief follows CEO out the door

    The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.

    By Grace Noto • July 2, 2024
  • A white store with yellow trim, with the words "M.M. LaFleur" painted in black.
    Image attribution tooltip
    Courtesy of M.M. LaFleur
    Image attribution tooltip

    M.M. LaFleur’s CEO on the brand’s evolution and relaunching a store fleet

    It’s been years since M.M. LaFleur shuttered its subscription service and closed all its stores. Now it’s recommitting to both.

    By • July 2, 2024
  • Person wearing Target's private label, Auden.
    Image attribution tooltip
    Courtesy of Target
    Image attribution tooltip

    Target relaunches Auden intimates and sleepwear private label

    The retailer has recently introduced new in-house brands and relaunched or expanded several of its most popular ones.

    By • July 1, 2024
  • Joann store.
    Image attribution tooltip
    Courtesy of Joann
    Image attribution tooltip

    Joann launches Gen Z-focused brand campaign

    A key element of the craft retailer’s first major post-bankruptcy initiatives will involve leveraging influencer relationships.

    By • July 1, 2024
  • A person in front of shopping cart scanners in a store
    Image attribution tooltip
    Courtesy of Sam's Club
    Image attribution tooltip

    Gen Z, millennials drive membership growth at Sam’s Club

    Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort. 

    By • July 1, 2024
  • Interior shot of The Fifth Avenue Club in Austin, Texas.
    Image attribution tooltip
    Courtesy of Saks FIfth Avenue
    Image attribution tooltip

    Saks Fifth Avenue expands standalone Fifth Avenue Club locations

    The retailer is increasing the presence of its luxury personal shopping and styling service locations into major markets this year.

    By Tatiana Walk-Morris • July 1, 2024
  • delivery vans parked outside of a walmart store with a sign on the wall.
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images
    Image attribution tooltip

    Hibbett taps Walmart GoLocal for fast delivery

    The white-label delivery service will help get online orders from the retailer's stores to customers.

    By Max Garland • July 1, 2024
  • A person walks in front of a Nike store.
    Image attribution tooltip
    Kevin Frayer/Getty Images via Getty Images
    Image attribution tooltip

    Nike expects more revenue declines ahead after ‘sluggish’ Q4

    CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

    By • June 28, 2024
  • The U.S. Supreme Court building's facade with flowers blurred in the foreground.
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    SCOTUS overturns Chevron doctrine, limiting federal agency reach

    Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.

    By Ryan Golden , Ginger Christ • June 28, 2024
  • Chewy, fulfillment center
    Image attribution tooltip
    Permission granted by Chewy
    Image attribution tooltip
    Column

    The Weekly Closeout: Chewy plans $500M share buyback, Conn’s receives Nasdaq delinquency notice

    The online pet retailer agreed to repurchase shares from its largest shareholder, while the home retailer received the notification after not filing its latest quarterly report.

    By Retail Dive Staff • June 28, 2024
  • A headshot of Erik Janshen in a colorful hallway with a blue Puma sweatshirt on.
    Image attribution tooltip
    Courtesy of Puma
    Image attribution tooltip

    Puma taps Tommy Hilfiger, Calvin Klein veteran for VP of DTC

    Erik Janshen will lead the brand’s global direct-to-consumer sales, including stores, e-commerce and “several online marketplaces.”

    By • June 28, 2024
  • The Walgreens logo is displayed outside a store.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Walgreens to close ‘significant’ number of US stores

    The company is reviewing about 25% of its 8,700 domestic stores, with profitability and level of shrink factoring into which locations stay open. 

    By Rebecca Pifer • June 27, 2024
  • A store display with a red Levi's sign includes jeans in various shades of blue, folded on shelves and hanging on racks.
    Image attribution tooltip
    Daphne Howland/Retail Dive
    Image attribution tooltip

    Levi’s DTC growth speeds up in Q2 as wholesale improves

    The iconic jeans maker is responding to demand for looser fits and non-denim categories and plans to expand its global footprint by 70 new stores.

    By • June 27, 2024
  • David's Bridal opens a store in Naperville, Illinois.
    Image attribution tooltip
    Courtesy of David's Bridal
    Image attribution tooltip

    David’s Bridal debuts shapewear line

    The new Shapewear DB Studio collection marks the retailer’s expansion into another product category. 

    By Tatiana Walk-Morris • June 27, 2024