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Permission granted by Dollar General
Dollar General to eliminate ‘vast majority’ of self-checkout, reduce new store openings
Despite a 6% Q1 net sales rise and performance that beat analyst expectations, shrink remains a significant headwind, CEO says.
By Nate Delesline III • May 31, 2024 -
Permission granted by Rhone
Rhone gets into made-to-measure apparel using 3D tech
The company’s Custom Made by Rhone technology captures a customer’s exact measurements in order to make a tailored product.
By Kaarin Vembar • May 30, 2024 -
Trendline
Digital innovation and technology trends in retail
From drones to smart fitting rooms, to cashless purchases to virtual meditation, how the consumer engages with retailers continue to evolve.
By Retail Dive staff -
Courtesy of Foot Locker, Inc.
Foot Locker: ‘I think it’s fair to say Nike’s going back on offense’
The retailer, which saw sales fall nearly 3% in Q1, teased a return to growth with Nike later this year and expressed excitement about upcoming innovation.
By Cara Salpini • May 30, 2024 -
Nate Delesline/Retail Dive
Dollar Tree acquires 99 Cents Only’s North American IP
The retailer also bought up the rights to 170 store leases, with plans to rebrand and reopen them “as early as fall 2024.”
By Nate Delesline III • May 30, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Lee Peterson and the hard truth about retail stores
E-commerce keeps growing because it’s easier to shop online. To survive, brick and mortar needs a good reason, too.
By Retail Dive Staff • May 30, 2024 -
Courtesy of Gildan
Gildan reinstates Glenn Chamandy as CEO
The activewear company’s founder was fired in December 2023 but is back in the top spot after a months-long battle between the previous board and activist investor Browning West.
By Laurel Deppen • May 30, 2024 -
JPecha via Getty Images
1-800-Flowers.com offsets delivery rate hikes with logistics optimization
The gift provider is placing inventory closer to end customers as it looks to mitigate fuel surcharges and other fees.
By Max Garland • May 30, 2024 -
jacoblund via Getty Images
Debit cards face rising digital wallet competition: report
Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.
By Patrick Cooley • May 29, 2024 -
Permission granted by Chewy
Chewy posts 3.1% sales gain in Q1, announces $500M share repurchase program
The online pet retailer boosted its profits during the quarter even as its active customer base continues to shrink.
By Caroline Jansen • May 29, 2024 -
Courtesy of Abercrombie & Fitch
Abercrombie & Fitch Co. sets a record with billion-dollar Q1
The retailer is considering more brand extensions as one way to maintain its momentum.
By Daphne Howland • May 29, 2024 -
Courtesy of Beyond Yoga
Beyond Yoga expands on the West Coast with new store in Washington state
This is the lifestyle brand’s second store outside of California and seventh overall.
By Suzette Parmley • May 29, 2024 -
Permission granted by Petco
Petco names new chief stores officer as COO exits
The pet retailer also said it eliminated its chief merchandising and supply chain officer role and named five people to its executive leadership team.
By Nate Delesline III • May 29, 2024 -
Daphne Howland/Retail Dive
Dick’s Sporting Goods is taking share ‘across the board’ as sales stay strong
As it expands House of Sport, openings of the experiential format at local malls are driving meaningful traffic growth to those shopping centers.
By Cara Salpini • May 29, 2024 -
Chip Somodevilla / Staff via Getty Images
DOL overtime expansion ‘unlawful,’ business groups argue
The plaintiffs, including the National Retail Federation, filed a lawsuit in the same court that enjoined an Obama-era overtime rule, saying “the Department has done it again.”
By Caroline Colvin • May 29, 2024 -
Dollar Tree confirms more layoffs at corporate office
The discounter has recently reviewed its underperforming Family Dollar business, shifted its pricing strategy and overhauled its leadership.
By Daphne Howland • May 28, 2024 -
Courtesy of Mizzen + Main
Mizzen+Main continues Southern expansion with Alabama opening
Located in Birmingham, the store is the brand’s 11th overall and first in the state.
By Suzette Parmley • May 28, 2024 -
Courtesy of Vuori
Vuori opens first store in China
The store marks the athleisure brand’s 67th location as it works toward a goal of opening 100 stores by 2026.
By Howard Ruben • May 28, 2024 -
Daphne Howland/Retail Dive
GameStop raises $933M from stock sale
The funds could go toward acquisitions or investments, which may be important as its core business shrinks.
By Nate Delesline III • May 28, 2024 -
Cara Salpini/Retail Dive
Margins balloon at Deckers as Hoka takes off
The running shoe line and sister brand Ugg lead a footwear portfolio that Wedbush calls “one of the fundamentally strongest names in our coverage.”
By Daphne Howland • May 28, 2024 -
Courtesy of Gildan
Gildan CEO and entire board resign ahead of annual meeting
Following a months-long proxy battle between the activewear brand and investor group Browning West, former CEO Glenn Chamandy will likely be reinstated.
By Laurel Deppen • May 28, 2024 -
Courtesy of Target
Target adds 1K summer items in affordability push
In an attempt to draw in budget-sensitive shoppers, product prices start at $1 and more than half of the assortment is less than $15.
By Tatiana Walk-Morris • May 24, 2024 -
Ollie’s wins bankruptcy bid for 11 former 99 Cents Only Stores
The acquisition of the Texas stores appears to support Ollie's plans to expand its brick-and-mortar footprint.
By Nate Delesline III • May 24, 2024 -
Cara Salpini/Retail Dive
Rothy’s launches on Amazon
The sustainable shoe brand is adding its signature products to the online retailer as it looks to broaden its reach.
By Suzette Parmley • May 24, 2024 -
Courtesy of e.l.f. cosmetics
ColumnThe Weekly Closeout: E.l.f. Beauty reports $1B in net sales and Wayfair opens its first large-format store
The cosmetics brand increased sales 77% year over year, while the DTC furniture company debuted a store in Wilmette, Illinois.
By Retail Dive Staff • May 24, 2024 -
Courtesy of Walmart
Up to 2K Walmart jobs in Texas, California impacted by relocations and layoffs
The retailer earlier this month confirmed hundreds of corporate layoffs.
By Nate Delesline III • May 23, 2024
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