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Permission granted by Peloton
Peloton refinances debt as financial challenges persist
The struggling fitness brand is issuing new notes to pay off debt with a closer maturity date, just weeks after losing its CEO and laying off employees.
By Suzette Parmley • May 23, 2024 -
TJX, the world’s largest off-price retailer, is poised to get a lot bigger
The company said it could expand its global fleet by 1,300 or more additional stores in coming years, spurred in part by department store closures.
By Daphne Howland • May 23, 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 Ipsy
Ipsy appoints new marketing chief
Francine Li comes with experience from Netflix and Riot Games and joins the beauty company as it looks to “reinvigorate” its namesake brand.
By Suzette Parmley • May 23, 2024 -
Courtesy of Walmart
Walmart goes bigger with new Neighborhood Markets
Two new prototype stores include features that build on the retailer’s growing e-commerce business without hindering the in-store experience, the format’s chief executive said in an interview.
By Peyton Bigora • May 23, 2024 -
Nate Delesline III/Retail Dive
Target Q1 sales drop 3%
The retailer is losing ground in grocery and household items as customers shop for less elsewhere, according to analysts.
By Nate Delesline III • May 22, 2024 -
Courtesy of Kizik
After opening Mall of America location, Kizik plots first East Coast store
As it works to build out its physical footprint, the hands-free footwear brand plans to open a store at the King of Prussia mall in Pennsylvania on June 14.
By Suzette Parmley • May 22, 2024 -
Courtesy of Rowing Blazers
Following acquisition, Rowing Blazers names new CEO
Laura Willensky comes with experience from J. Crew, Victoria’s Secret Beauty, Talbots, Janie & Jack, Madewell and Away.
By Howard Ruben • May 22, 2024 -
Dani James/Retail Dive
Lululemon restructures product, marketing teams as Chief Product Officer Sun Choe exits
The roles of chief brand officer and global creative director will expand as Choe leaves for a new opportunity and won’t be replaced.
By Cara Salpini • May 22, 2024 -
Daphne Howland/Retail Dive
Pier 1, Stein Mart ownership changes hands
The backers of Retail Ecommerce Ventures have acquired its IP portfolio, allowing it to avoid bankruptcy. Now they’re looking to expand.
By Daphne Howland • May 22, 2024 -
Daphne Howland/Retail Dive
Vineyard Vines opens at Disney Springs
The lifestyle brand opened its 14th store minutes away from one of Florida’s top tourism destinations.
By Suzette Parmley • May 21, 2024 -
Daphne Howland/Retail Dive
A glimpse into a future Macy’s
The department store has provided financial metrics for the fleet of stores that will survive a massive downsizing over the next three years.
By Daphne Howland • May 21, 2024 -
Courtesy of Party City
Party City to re-open 3 stores featuring new format
The locations in Maryland, Florida and New Jersey have new design elements including a “balloon shopping experience” and “birthday worlds.”
By Tatiana Walk-Morris • May 21, 2024 -
Justin Sullivan/Getty Images via Getty Images
Walmart fires back at Amazon in fast delivery race
The retailer delivered 4.4 billion items over the past 12 months with either same-day or next-day speeds.
By Max Garland • May 21, 2024 -
Daphne Howland/Retail Dive
Bruce Nordstrom — grandson of the retailer’s founder and father of its top executives — dies at 90
Under the leadership of his generation, the fashion department store went public, launched off-price Rack and expanded into a national retailer.
By Daphne Howland • May 20, 2024 -
Sam Silverstein/Retail Dive
Target to cut prices on 5K items
The initiative follows several recent moves by the retailer to appeal to value and price-sensitive consumers.
By Nate Delesline III • May 20, 2024 -
Daphne Howland/Retail Dive
Dick’s Sporting Goods employee connected to SEC insider trading charges
A data analytics employee communicated nonpublic information about the company to Frank Poerio, who was charged with insider trading that netted over $800,000.
By Kaarin Vembar • May 20, 2024 -
Stefano Guidi/Getty Images via Getty Images
Amazon cuts global customer service staff by less than 1%
The company said it reduced its global customer service team in an effort to shrink the distance between shoppers and customer service leaders.
By Bryan Wassel • May 20, 2024 -
Lesia_G via Getty Images
Sponsored by SlackHow quality communication can fix inefficiencies in your organization
Streamline your communication to create a more collaborative and productive workplace.
May 20, 2024 -
Courtesy of Shein
Shein factory employees work 75-hour weeks for low wages: report
Following allegations from human rights group Public Eye, the fast-fashion giant said it invests tens of millions of dollars into strengthening its supply chain governance and compliance.
By Laurel Deppen • May 17, 2024 -
Permission granted by Dollar General
ColumnThe Weekly Closeout: Dollar General taps store operations exec as PetSmart searches for a chief toy tester
Lee DeVille will lead operations for three of the discounter’s retail divisions. But the pet retailer’s new role requires a furrier candidate.
By Retail Dive Staff • May 17, 2024 -
Permission granted by At Home Group
At Home names former Petco, Party City exec CEO
Brad Weston was previously the chief executive of Party City Holdings and spent a year in the top role at the pet retailer.
By Tatiana Walk-Morris • May 17, 2024 -
Permission granted by On
Footwear brand On posts record quarterly sales with strong DTC growth
The company has plans to open a second store in Paris and is hoping to have a “notable impact’’ at the Summer Olympics that begin in July.
By Suzette Parmley • May 16, 2024 -
Courtesy of Walmart
Walmart beats expectations in Q1 as revenue surpasses $160B
The company's e-commerce sales rose 21%, driven by store-fulfilled pickup and delivery and strength within its marketplace.
By Nate Delesline III • May 16, 2024 -
Daphne Howland/Retail Dive
Under Armour plans layoffs, 25% SKU reduction
With founder Kevin Plank back at the helm, the retailer is overhauling its product strategy. The brand will cut back on promotions, reprioritize men’s and invest in innovation.
By Cara Salpini • May 16, 2024 -
Photo illustration: Costco; Getty Images
Uber takes on Instacart with expanded Costco partnership
The club retailer is now available on Uber Eats in several unspecified locations across the U.S., Canada, Mexico and Japan, with more to come.
By Catherine Douglas Moran • May 16, 2024
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