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Nate Delesline III/Retail Dive
Beyond to lay off 20% of workforce
Chief Product Officer Carlisha Robinson was terminated without cause Tuesday, according to a regulatory filing.
By Nate Delesline III • Oct. 23, 2024 -
Courtesy of Tupperware
Lender group to buy Tupperware out of bankruptcy
The lenders, which include Stonehill Capital Management Partners and Alden Global Capital, are offering $63.8 million in debt relief and about $23.5 million in cash.
By Nate Delesline III • Oct. 23, 2024 -
Explore the Trendline➔
Courtesy of DHL
TrendlineInside retail supply chains
Companies looking to curry favor with customers, trim logistical expenses and improve efficiency, are reorganizing operations.
By Retail Dive staff -
Wayfair launches paid loyalty program
For $29 a year, the online retailer is offering customers free shipping, early access to major sales events and 5% back in rewards on purchases.
By Howard Ruben • Oct. 23, 2024 -
Courtesy of Port of Los Angeles
Retail inventories in good shape for holidays: NRF CEO
Matthew Shay said companies averted disruptions related to the East and Gulf Coast port strike by moving goods early.
By Alejandra Carranza • Oct. 23, 2024 -
Courtesy of Target
Target cuts prices on 2K items for the holiday season
It's the second time in less than six months the retailer lowered prices. By the end of the year, the company said it will have reduced prices on 10,000 products.
By Nate Delesline III • Oct. 22, 2024 -
Courtesy of Walmart
Walmart adds pharmacy to same-day delivery
The retail giant said it’s responding to a top request from its customers. The option is now available in six states and will expand nationally.
By Daphne Howland • Oct. 22, 2024 -
Courtesy of Poshmark
Poshmark scraps new fees after seller outcry, sales hit
The resale marketplace instituted a suite of changes earlier this month, but is already abandoning them this week.
By Daphne Howland • Oct. 22, 2024 -
Courtesy of Whole Foods Market
Amazon pilots small-format grocery concept
The test store in Chicago is meant for quick fill-in grocery runs and aims to reduce the number of retailers shoppers have to visit to complete shopping trips.
By Peyton Bigora • Oct. 22, 2024 -
Courtesy of REI Co-op
REI sticks to store expansion plans despite declines
Amid layoffs, falling sales, widening losses and some turmoil at unionized locations, the outdoor retailer seeks a path to growth.
By Daphne Howland • Oct. 21, 2024 -
Daphne Howland/Retail Dive
Bed Bath & Beyond stores to return with Kirkland’s partnership
The companies will open neighborhood, small-format stores, and Beyond will invest $25 million in Kirkland's in a combined debt and equity transaction.
By Nate Delesline III • Oct. 21, 2024 -
Allison Joyce / Stringer via Getty Images
Deep DiveWhy apparel companies embrace supplier scorecards
The tool can help build more transparent sourcing relationships and better measure supply chain metrics.
By Kelly Stroh • Oct. 21, 2024 -
Courtesy of Amazon
Amazon to deploy AI tech in delivery vans
Vision-Assisted Package Retrieval aims to help drivers quickly find packages and save time on routes.
By Max Garland • Oct. 21, 2024 -
Permission granted by Pinterest
Sponsored by Pinterest3 actionable steps to optimize your holiday campaign performance at every stage of the funnel
Plan more proactively — and in turn, meet your sales goals with maximum efficiency.
Oct. 21, 2024 -
Permission granted by BuyBuy Baby
BuyBuy Baby to close all stores less than a year after relaunch
The company said the move will allow it to transform "into a digital-first brand, focusing all our energy on providing an exceptional online shopping experience."
By Nate Delesline III • Oct. 18, 2024 -
Mario Tama via Getty Images
CVS replaces CEO Karen Lynch with exec David Joyner
The financially struggling company also pulled its earnings guidance, citing increased medical cost pressures in its health benefits unit.
By Emily Olsen • Oct. 18, 2024 -
Courtesy of H&M
ColumnThe Weekly Closeout: Foot Locker partners with the Chicago Bulls, H&M pops up in New York
The footwear retailer’s deal includes a series of community events, in-store activations and more, while the apparel retailer’s pop-up store runs for two months.
By Retail Dive Staff • Oct. 18, 2024 -
Cara Salpini/Retail Dive
Ulta looks to open 200 stores over the next 3 years as it plots growth in a tough market
Chief Financial Officer Paula Oyibo noted that this year and next “will be transitional years” as competition intensifies and category demand normalizes.
By Cara Salpini • Oct. 18, 2024 -
Courtesy of Adidas
Adidas global sales exec to depart this month
Arthur Hoeld, a 26-year veteran of the sports apparel brand, will be replaced by Mathieu Sidokpohou, who arrived four years ago.
By Daphne Howland • Oct. 18, 2024 -
Courtesy of Dollar General Popshelf shop-in-shop release
Popshelf updates all stores to new format, will exit Dollar General locations
The higher-priced dollar store concept is rolling out a new app and loyalty program, with plans to exit its DG Market shop-in-shops.
By Nate Delesline III • Oct. 18, 2024 -
Courtesy of The Container Store
Beyond to invest $40M in The Container Store
As part of the deal, an assortment of Bed Bath & Beyond merchandise will be offered at The Container Store's brick-and-mortar locations.
By Nate Delesline III • Oct. 16, 2024 -
Brett Dworski/Retail Dive
Foxtrot relaunches delivery, reopens third location
Restoring e-commerce services marks the beginning of a return to form for Foxtrot after a tumultuous past several months.
By Brett Dworski • Oct. 16, 2024 -
Jonathan Leibson via Getty Images
Adidas momentum continues with 7% sales growth
Preliminary results for the third quarter also showed that, excluding Yeezy sales from this year and last, currency-neutral revenue surged 14%.
By Cara Salpini • Oct. 16, 2024 -
Kaarin Vembar/Retail Dive
Bloomie’s to open fourth location
The 21,000-square-foot store is set to open at The Grove Shopping Center in Shrewsbury, New Jersey, on Nov. 14.
By Howard Ruben • Oct. 16, 2024 -
Permission granted by Havenly
Havenly Brands acquires Burrow as it builds out its portfolio of home brands
Havenly CEO Lee Mayer discusses the company’s fifth acquisition, its multibrand strategy and why she remains bullish on retail.
By Caroline Jansen • Oct. 16, 2024 -
Permission granted by True Value
True Value files for Chapter 11
The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million.
By Nate Delesline III • Oct. 15, 2024
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