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All Bob’s Stores locations to close
The retailer was unable to secure the financing necessary to keep operating. The fate of sibling Eastern Mountain Sports remains unclear.
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Hoka’s latest avian-themed ads look to shore up favor among runners
Establishing a stronger connection to runners comes as legacy rivals like Nike have seen their foothold in the community slip.
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M.M. LaFleur’s CEO on the brand’s evolution and relaunching a store fleet
It’s been years since M.M. LaFleur shuttered its subscription service and closed all its stores. Now it’s recommitting to both.
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Rocksbox drops rental subscription
The jewelry company has rebranded as an e-commerce site, selling both new and pre-owned items.
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Parents to spend nearly 22% more on back-to-school shopping this year: report
Walmart, Target and Amazon continue to dominate the top list of places consumers want to shop during the season, a JLL survey found.
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Gen Z, millennials drive membership growth at Sam’s Club
Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort.
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Poppi lawsuit turns attention and scrutiny to the prebiotic beverage industry
The category's explosive growth with little regulation has led to questions over what makes a product "gut healthy."
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Fossil names interim CFO after finance chief follows CEO out the door
The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.
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Framebridge opens first store in Texas
The location in Austin marks the DTC framing company’s 23rd store nationwide.
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E.l.f. tests real-world commerce on Roblox via Walmart tech
Users can purchase a variety of physical products at a virtual kiosk within the beauty marketer’s existing E.l.f. Up! experience.
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Column
The Weekly Closeout: Chewy plans $500M share buyback, Conn’s receives Nasdaq delinquency notice
The online pet retailer agreed to repurchase shares from its largest shareholder, while the home retailer received the notification after not filing its latest quarterly report.
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Target relaunches Auden intimates and sleepwear private label
The retailer has recently introduced new in-house brands and relaunched or expanded several of its most popular ones.
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Kohl’s latest to compete with Prime Day
This month the department store is holding a sales event right after its “Summer Cyber Deals.”
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Podcast
The Backroom: What’s going on with Amazon Fashion?
The podcast welcomes Fashion Dive to discuss what the e-commerce giant’s approach means for brands and consumers, and what could be different.
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Saks Fifth Avenue expands standalone Fifth Avenue Club locations
The retailer is increasing the presence of its luxury personal shopping and styling service locations into major markets this year.
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Hibbett taps Walmart GoLocal for fast delivery
The white-label delivery service will help get online orders from the retailer's stores to customers.
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Amazon market cap reaches $2 trillion
As the company reaches a financial milestone, it is reportedly developing a budget marketplace to compete with Temu and Shein.
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Joann launches Gen Z-focused brand campaign
A key element of the craft retailer’s first major post-bankruptcy initiatives will involve leveraging influencer relationships.
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Tractor Supply slashes all DEI roles, carbon-emission goals and Pride support
The retailer said it would focus on “being a good neighbor,” but the Human Rights Campaign said the decisions mean the company is “turning its back on their own neighbors.”
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Foot Locker’s new loyalty program lets shoppers redeem points for cash, sneaker access
A new mobile app will join the refreshed FLX Rewards program later this year as the athletics retailer undergoes a major turnaround effort.
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Nike expects more revenue declines ahead after ‘sluggish’ Q4
CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.
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SCOTUS overturns Chevron doctrine, limiting federal agency reach
Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.
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Column
The Weekly Closeout: Big Lots issues ‘going concern’ warning and Amazon ditches plastic air pillow packaging
The discount retailer said it may not meet its credit and term loan obligations, while Amazon aims to drop plastic air pillows in North American shipments by the holidays.
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Puma taps Tommy Hilfiger, Calvin Klein veteran for VP of DTC
Erik Janshen will lead the brand’s global direct-to-consumer sales, including stores, e-commerce and “several online marketplaces.”
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Away expands into softside luggage
After making a name for itself selling hardshell suitcases, the DTC luggage brand is expanding to capture what it says is 50% of the luggage market.