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It’s a shorter holiday season. Does that matter?
There are five fewer days between Black Friday and Christmas Day compared to 2023. Here’s how retailers — and consumers — are preparing themselves.
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Courtesy of The Container Store
Beyond’s $40M investment in The Container Store may be off
The Container Store’s failure to reach a satisfactory agreement with lenders puts their deal at risk, both retailers warned this week.
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Courtesy of Amer Sports
Amer Sports revenue jumps 17% as it names new Salomon CEO
Salomon Chief Product Officer Guillaume Meyzenq will take on the position in January, as the company continues to benefit from Arc’teryx’s runaway growth.
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Kaarin Moore/Retail Dive
Take a look inside the new Barnes & Noble in Washington, D.C.
The bookseller is going through a growth spurt, with plans to open nearly 60 stores through the end of this year.
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Crocs taps legendary shoe designer to lead creative innovation
Starting in December, Steven Smith will join the company to design in house for the Crocs and Heydude brands.
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Nate Delesline III/Retail Dive
Target misses Q3 earnings expectations, lowers guidance
The retailer will focus on deals and value as consumers become pickier with discretionary purchases.
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Courtesy of Yeti Holdings, Inc.
Yeti, E.l.f. Beauty and others prep supply chains for Trump tariffs
Some businesses are planning more production outside of China or mulling price increases. Others are maintaining the status quo.
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tunart via Getty Images
Shoplifting on the rise this year, report shows
Two widely different sets of FBI data underscore the need for better information on theft, however, according to Council on Criminal Justice researchers. That includes better reporting from retailers.
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Courtesy of Walmart
Walmart slashes US delivery costs by 40% per order
Increased automation and more efficient driver routes helped the retail giant accomplish the feat for the third consecutive quarter.
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Shaun Lucas/Retail Dive/Retail Dive, data from Getty Images
Retail sales rise more than 6% in October amid e-commerce surge
Retailers are gaining momentum as the holidays approach, though volatility may be on the horizon, economists said.
Updated Nov. 15, 2024 -
Courtesy of Target
Target’s supply chain investments power holiday season ambitions
The retailer expects to quadruple its order processing output and ramp up next-day delivery at its sortation centers.
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Retrieved from Amazon on November 20, 2024
Adam Driver turns 5-star Amazon reviews into theatrical monologues
The Hollywood star amps up the drama of “deeply personal” reviews in time for Black Friday week and Cyber Monday deal events.
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Retrieved from Clayco on October 23, 2024
Ulta Beauty bets big on market fulfillment center model
As part of its supply chain transformation, the beauty retailer is retrofitting some of its regional distribution centers with automation upgrades.
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misuma via Getty Images
Nearly 30% of shoppers will purchase beauty as a holiday gift
Headed into the season prestige beauty sales are up, with Gen Alpha contributing to growth in the segment.
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Kaarin Vembar/Retail Dive
Walmart raises guidance boosted by strong revenue, e-commerce growth
Store improvements, an accelerated digital presence and a growing advertising business is separating the retailer from its competitors, according to analysts.
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Daphne Howland/Retail Dive
ColumnThe Weekly Closeout: Target extends store hours for the holidays, Nuuly launches ‘The Thrift Shop’
The mass merchant will be open from 7 a.m. to midnight from Nov. 30 to Dec. 23, while the subscription company debuted a perk for discounted styles.
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Emily Elconin via Getty Images
Consumers plan to spend $125B over Thanksgiving weekend
That’s about $5 billion less than shoppers spent during the five-day period in 2023, according to a recent survey from ICSC.
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Courtesy of Google
Google Lens can now tailor search results to the store you’re in
Users can take a picture of an item to receive insights tailored to the store they’re in, such as similar items that are in-stock.
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Jeff Wells/Retail Dive
How retailers are making it harder to shop, just in time for the holidays
Thwarting customers, in stores or online, isn’t any way to make a sale.
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Courtesy of Lowe's
Lowe’s prepping for ‘what may be coming from the administration’ on tariffs
The retailer said it diversified its supply chain after Trump’s first tariffs, but that 40% of its assortment is sourced abroad and more levies would add costs.
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Courtesy of Wolverine Worldwide
Wolverine World Wide debuts global innovation hub in Boston
The company is building out its corporate workspaces as a way to attract talent and encourage creativity as it goes through a strategic transformation.
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Anchiy via Getty Images
David’s Bridal turns brides into influencers through its loyalty program
The wedding retailer brings in customer feedback to design a loyalty program that doesn’t just build relationships with brides, but guests, too.
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Brandon Bell / Staff via Getty Images
Home Depot will leverage experience to tackle tariffs
The home improvement retailer plans to take a "differentiated" approach built on its previous efforts to navigate higher duties.
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Daphne Howland/Retail Dive
REI changes policy to stop serial returners
The outdoor gear cooperative said other tactics to curb the misuse of its returns policy by a small number of members were ineffective.
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Brendan Hoffman / Stringer via Getty Images
October retail hiring hit a low not seen since before the pandemic
Actual seasonal job gains may fall below 2023 numbers but slightly surpass 2022 numbers, analysis from Challenger, Gray & Christmas indicates.
