Financial News
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Nike CEO touts ‘tangible progress’ as revenue rises 1% in Q1
Three priority areas — running, North America and wholesale — all posted growth in the quarter.
By Cara Salpini • Oct. 1, 2025 -
De minimis elimination strains Lululemon’s fulfillment model
The retailer expects a $240 million gross profit hit this year stemming from tariffs and the end of the duty exemption.
By Max Garland • Sept. 29, 2025 -
Amazon to pay $2.5B settlement over ‘deceptive’ Prime membership allegations
The online retailer didn't admit to any wrongdoing regarding the FTC's accusation that the company duped customers into signing up for memberships and then made it difficult to cancel.
By Kristen Doerer • Sept. 26, 2025 -
Column
The Weekly Closeout: Muji launches skin care and Arc’teryx aims for $5B in sales
The Japanese retailer is debuting a serum and a lotion. Meanwhile, the outdoors brand rolled out a series of goals for 2030.
By Retail Dive Staff • Sept. 26, 2025 -
Carter’s adopts poison pill after hedge fund amasses nearly 17% of shares
The children’s apparel retailer moved to avert a hostile takeover after an investment firm disclosed its stock purchase to federal regulators.
By Daphne Howland • Sept. 24, 2025 -
Office Depot owner to go private for $1B
The ODP Corporation has agreed to be bought by an affiliate of private equity group Atlas Holdings for $28 per share in cash.
By Dani James • Sept. 22, 2025 -
Column
The Weekly Closeout: Saks Fifth Avenue merchant exits, RH sees Q2 gains despite tariffs
After two decades at the department store, Will Cooper is leaving, while the home goods retailer saw net income improve nearly 80% in the second quarter.
By Retail Dive Staff • Sept. 19, 2025 -
Claire’s acquisition closes with plans for smaller store footprint
Ames Watson wants to keep the piercing retailer's mall locations relevant through upgraded merchandising, piercing services and store concepts.
By Dani James • Sept. 19, 2025 -
Rent the Runway says its CX efforts are paying off. The financials aren’t as rosy.
The clothing rental company saw active subscriber growth and improved NPS, but reported a net loss of $26.4 million and increased prices for subscriptions.
By Kristen Doerer • Sept. 18, 2025 -
Love Your Melon to relaunch after founder reacquires brand
Zachary Quinn bought back the company, known for its beanie caps, that Win Brands Group acquired in 2022.
By Howard Ruben • Sept. 18, 2025 -
Kirkland’s to convert all stores to Bed Bath & Beyond, pivot to wholesale
The home retailer will rebrand about 250 to 275 of its current locations, close the rest and open more in traditional Bed Bath & Beyond markets.
By Dani James • Sept. 17, 2025 -
The holidays should be OK for retailers that try hard enough
Sustaining robust sales growth into Q4 will mean sharp vendor negotiations — and a keen understanding of the customer, analysts say.
By Daphne Howland • Sept. 17, 2025 -
Retailers battle the rising costs of medical, liability claims
Second quarter earnings results across the industry showed that heightened claims costs are impacting even the strongest performers.
By Dani James • Sept. 17, 2025 -
Bed Bath & Beyond closes $10M Kirkland’s Home acquisition
The deal, which includes the Kirkland's Home trade name and some brand assets, will see Kirkland’s expand into wholesale.
By Dani James • Sept. 15, 2025 -
VF Corp. to sell Dickies for $600M
Bluestar Alliance, which in recent years has added Off-White, Palm Angels and Scotch & Soda to its stable, has agreed to buy the workwear brand.
By Daphne Howland • Sept. 15, 2025 -
Bansk Group acquires majority stake in skin care brand Byoma
The brand will continue to be led by founder and CEO Marc Elrick following the close of the deal.
By Howard Ruben • Sept. 12, 2025 -
Inflation speeds up to 2.9%, fastest pace in 2025, as job market slows
The CPI data showed that the highest U.S. tariffs since the 1930s are pushing up prices across the economy.
By Jim Tyson • Sept. 12, 2025 -
Chewy wants to make Chewy+ the top pet membership program
“We see this program in line with an Amazon Prime or Costco membership or Walmart+, with similar benefits and similar returns,” CEO Sumit Singh said.
By Bryan Wassel • Sept. 12, 2025 -
Gen Z pullback could send holiday sales down 5%: PwC
Older generations are cutting back a bit or even spending more, but these younger consumers’ budgets are down nearly a quarter, the firm found.
By Daphne Howland • Sept. 11, 2025 -
Klarna counts on retailers for growth
The buy now, pay later giant says the availability of its services at retailers such as Walmart and Macy’s correlates strongly to future growth.
By Justin Bachman • Sept. 11, 2025 -
GameStop sales jump on collectibles, hardware growth
The retailer reported a second quarter net income of $168.6 million and valued the period's Bitcoin holdings at nearly $529 million.
By Dani James • Sept. 10, 2025 -
Holiday sales could grow up to 3.4%: Deloitte
The firm predicts that sales between November and January could reach $1.62 trillion, with e-commerce sales projected to grow up to 9%.
By Howard Ruben • Sept. 10, 2025 -
Designer Brands continues to withhold guidance as Q2 sales, profits decline
The footwear retailer, which relies on a strong back-to-school season, emphasized sequential gains but said the macro environment remains tough.
By Daphne Howland • Sept. 9, 2025 -
Barnes & Noble to acquire bankrupt Books Inc. for $3.25M
The California-based book chain would maintain its independent fleet of nine stores and join Tattered Cover in Barnes & Noble’s portfolio.
By Dani James • Sept. 8, 2025 -
Lululemon CEO: ‘We have become too predictable’
The retailer, facing stalled growth in the U.S., is overhauling its design and development process as it looks to bring in more newness, faster.
By Cara Salpini • Sept. 5, 2025