The Latest
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Joe Raedle via Getty Images
The Weekly Closeout: Walmart to invest $1.3B in Chile and what Nike’s stumble means for Foot Locker
The big-box retailer’s plans include 70 new stores across Chile, while the sportswear giant’s DTC about-face could be a boon to Foot Locker.
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Octavio Jones / Stringer via Getty Images
Retail hiring down 5% in November
A shift in seasonal hiring from traditional retail roles to transportation and warehousing positions is underway, according to a new report.
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Spencer Platt via Getty Images
Electronic sales rebound during Black Friday, Cyber Monday period
After eight straight quarters of revenue declines in the sector, spending grew 3.5% during the two weeks ending Dec. 7, according to Circana analysis.
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Courtesy of Birkenstock
Birkenstock closes out its fiscal year on a high note
The German footwear brand is carefully calibrating its wholesale and direct-to-consumer strategies, with plans to grow its store count by 50% next year.
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photo of Dillard's at Illinois Centre Mall by Mike Kalasnik; Macy's photo and composite by Daphne Howland/Retail Dive
Deep DiveShould Macy’s be more like Dillard’s? Maybe.
Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s retail chops.
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Cara Salpini/Retail Dive
Nike CEO: Wholesale partners ‘feel we’ve turned our back on them’
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales fell 8% in Q2.
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Nate Delesline III/Retail Dive
Dollar Tree names Michael Creedon permanent CEO
Creedon, the retailer’s chief operating officer, has been serving as interim chief since November and takes the helm as it navigates several major initiatives.
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Courtesy of Target
5 retailers that need a great 2024 holiday season
Some companies are coming off a tough quarter, while others switched leadership or are dealing with changing consumer behavior. But all of these retailers need a W.
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NoSystem images via Getty Images
Nearly half of Gen Z shoppers to buy holiday gifts from Chinese marketplaces
Though U.S. shoppers are slow to trust it, Temu has become the top Chinese e-commerce platform, surpassing competitors like Shein and TikTok Shop, an Omnisend survey found.
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Courtesy of Sephora
Sephora announces 2025 Accelerate program cohort
This latest class marks a decade since the launch of the incubator program, which three years ago pivoted to focus on BIPOC founders.
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Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
November e-commerce surge helps push retail sales up 5%
The gains were broad-based, reflecting ongoing consumer strength that could make it at least a decent holiday for retailers.
Updated Dec. 17, 2024 -
Joe Raedle / Staff via Getty Images
CFPB swats at retail credit cards
The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.
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Bruce Bennett / Staff via Getty Images
Best Buy leans on distribution upgrades for faster delivery
The electronics retailer opened a new distribution center in Texas and upgraded technology at a New York facility.
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Emily Elconin via Getty Images
Nearly half of consumers feel ignored by marketers: Here’s what the numbers say
Among consumers who feel ignored, 75% would rather support brands that align with their values, iHeartMedia’s research found.
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J.C. Penney loss narrows in Q3 as sales declines continue
The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its longer-term prospects.
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Courtesy of Tractor Supply
Tractor Supply plans big last-mile delivery upgrade
The retailer’s multiyear initiative will lead to more bulky products delivered via its in-house network, Chief Supply Chain Officer Colin Yankee said.
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Daphne Howland/Retail Dive
Deep DiveNordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say.
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Nate Delesline III/Retail Dive
Walmart tests in-store body cameras for employees
The retailer is embarking on the pilot program in the name of safety. But one industry advocacy group says higher staffing and improved safety training and protocols are needed.
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Daphne Howland/Retail Dive
Bloomingdale’s adds fulfillment option for luxury DTC brands
Shoppers can check on the availability of products via a DTC company’s website and pick up their order at a nearby Bloomingdale’s store.
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Courtesy of Amazon
ColumnThe Weekly Closeout: Adidas headquarters searched, Amazon starts selling cars
The activewear brand is under investigation for tax and customs compliance, while the e-commerce giant is offering Hyundai cars through Amazon Autos.
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Permission granted by Express
SEC charges Express with failing to disclose $1M in perks to former CEO
The agency did not impose a penalty, though, in part because the apparel retailer self-reported.
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Retrieved from Perfect Moment on December 18, 2024
Perfect Moment opens third seasonal store in the Austrian Alps
The location at the Kitzbühel ski resort will feature best-selling products, as well as host in-store events.
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Kamil Krzaczynski via Getty Images
How retailers prepped their supply chains for 2024’s holiday crunch
Companies adjusted inventory and marketing strategies to accommodate the shorter Black Friday to Christmas timeframe.
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Stephanie Keith via Getty Images
Allegations of unsafe working conditions at Amazon come to a head with Senate probe, strike threat
“Our employees’ safety is and always will be our top priority,” an Amazon spokesperson said Monday.
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Nate Delesline III/Retail Dive
Over 157M expected to shop in stores, online on Super Saturday
According to the NRF, half of those with shopping to finish will do so online, while 37% will head to department stores.
