Financial News

  • The storefront of Books Inc. in Alameda, California.
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    Permission granted by Books Inc.
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    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 • Sept. 8, 2025
  • An entrance to a clothing store.
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    Daphne Howland/Retail Dive
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    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 • Sept. 5, 2025
  • Skechers storefront.
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    Kaarin Vembar/Retail Dive
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    Column

    The Weekly Closeout: Skechers deal clears hurdles while Gap eyes store improvement

    3G Capital will take the footwear brand private next week. Meanwhile, Gap Inc. CEO Richard Dickson sees work to do in brick and mortar.

    By Retail Dive Staff • Sept. 5, 2025
  • Exterior of an Ulta store
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    Kaarin Vembar/Retail Dive
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    Ulta targets wellness growth as consumers spend on beauty

    The retailer’s latest performance demonstrates consumer resilience in the category, though analysts poked at the company’s operating margin expectations.

    By • Sept. 5, 2025
  • Outside storefront image of The Home Depot
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    Courtesy of The Home Depot
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    Home Depot closes on GMS acquisition

    The $5.5 billion deal to acquire GMS, which specializes in drywall, ceilings and steel framing, bolsters Home Depot’s pro offerings.

    By • Sept. 4, 2025
  • Billboards of actress Sydney Sweeney is seen outside of an American Eagle store on August 01, 2025 in New York City.
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    Michael M. Santiago via Getty Images
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    American Eagle’s celebrity marketing drew outcry — and new customers

    The brand defended its controversial ads with Sydney Sweeney, claiming the campaign contributed to “unprecedented” customer acquisition.

    By Peter Adams • Sept. 4, 2025
  • The tops of two city buildings, with blue sky in between.
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    Daphne Howland/Retail Dive
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    Macy’s posts first sales growth in years, but tariffs cast a shadow

    More staff and better visual merchandising in stores drove the namesake banner’s improvements, CEO Tony Spring said Wednesday.

    By • Sept. 3, 2025
  • A green store banner says "Dollar Tree" against a hazy blue sky.
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    Daphne Howland/Retail Dive
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    Dollar Tree tariff mitigation efforts yield results sooner than expected

    The discount retailer reported Q2 net sales and comp growth as consumers continue to seek out value across income brackets.

    By • Sept. 3, 2025
  • A red Burlington storefront says "ladies, mens, kids, baby, home, coats," as clouds billow overhead in a bright blue sky.
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    Daphne Howland/Retail Dive
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    How to keep the ‘off’ in ‘off price’ in the tariff era

    In order to make good on their value promise, TJX, Ross and Burlington are being hyper-vigilant about pricing across the industry.

    By • Sept. 3, 2025
  • Billowy clouds in a blue sky above a storefront.
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    Daphne Howland/Retail Dive
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    Best Buy revenue grows despite ‘tariff situation’

    The electronics retailer reported improved comps, though the impact of a changing trade environment continues to loom over earnings performance.

    By • Sept. 3, 2025
  • Village Medical at Walgreens entryway
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    Permission granted by VillageMD
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    Sycamore Partners closes Walgreens acquisition, splits retailer into 5 companies

    Mike Motz has been named the CEO of Walgreens. He was formerly the chief executive of Staples U.S. Retail, a Sycamore portfolio company.

    By Susanna Vogel • Sept. 2, 2025
  • Gap's "Better in Denim" campaign with Katseye
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    Courtesy of Gap
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    Tariffs cast a shadow over Gap Inc.’s progress

    With renewed cultural relevance at Gap and Q2 strength at its biggest brands, the retailer “should remain in growth territory” this year, according to GlobalData.

    By • Aug. 28, 2025
  • Orange and white exterior of an Ulta Beauty store.
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    Daphne Howland/Retail Dive
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    Ulta raises full-year sales outlook amid category resilience

    The beauty retailer saw Q2 net sales increase 9.3% with growth across both mass and prestige beauty.

    By • Aug. 28, 2025
  • Exterior of Dollar General store in York, Pennsylvania
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    Sam Silverstein/Retail Dive
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    Dollar General revenue grows, but tariffs begin impacting prices

    The retailer, which noted shrink improvements helped Q2 gross profit, reported growth with consumers across income brackets.

    By • Aug. 28, 2025
  • A display window below a blank banner that reads "Victoria's Secret" and contains three photos: A closeup portrait of a person's face, a perfume bottle, and a zoomed out portrait of the person.
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    Daphne Howland/Retail Dive
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    ‘We are firmly in growth mode’: Victoria’s Secret CEO

    The company beat Q2 expectations despite hits from tariffs and a major data breach.

    By • Aug. 28, 2025
  • A green and red brick Dick's storefront with trees in the foreground.
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    Courtesy of Dick's Sporting Goods
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    Dick’s sales growth continues apace in Q2

    The retailer raised its full-year guidance ahead of its planned merger with Foot Locker, which reported a 2.4% sales decline in the quarter.

    By • Aug. 28, 2025
  • Containers are seen at the Port of Keelung on April 04, 2025 in Keelung, Taiwan. U.S. President Donald Trump on Wednesday announced sweeping "reciprocal tariffs" on U.S. trading partners, including a 32 percent tax on goods from Taiwan that is set to take effect on April 9.
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    Annabelle Chih via Getty Images
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    3 ways tariffs are impacting retailers

    From pulling forward inventory to enacting cost increases, here are ways retailers are taking a hit from levies going into the second half of the year.

    By Retail Dive Staff • Aug. 28, 2025
  • Pedestrians walk outside a Kohl’s store location.
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    Courtesy of Kohl's
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    Kohl’s pins recovery hopes on private label

    Despite top- and bottom-line declines, the department store beat its own expectations in Q2 and said various initiatives are bearing fruit.

    By • Aug. 27, 2025
  • A customer holds a box in her hands in an aisle of toys at a big box retailer.
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    Scott Olson via Getty Images
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    Consumer confidence dips on anxiety about jobs, income

    The average 12-month expectation for inflation jumped to 6.2% this month from 5.7% in July, the Conference Board found in a consumer survey.

    By Jim Tyson • Aug. 27, 2025
  • A blue Gabe's storefront entrance.
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    Courtesy of Gabe's
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    Regional off-pricer Gabe’s under new ownership, avoids bankruptcy

    A group of lenders has taken over the retailer, a deal with buy-in from vendors and landlords that has significantly reduced its debt.

    By • Aug. 26, 2025
  • Signs for stores.
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    Joe Raedle via Getty Images
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    Walmart’s booming ad business provides ‘flexibility’ amid tariff impact

    Continued momentum for retail media offerings like Connect is helping drive profits and will remain “obviously key,” executives said.

    By Peter Adams • Aug. 26, 2025
  • A Foot Locker store in downtown Chicago
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    Kaarin Moore/Retail Dive
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    Foot Locker shareholders approve Dick’s Sporting Goods acquisition

    Dick’s Sporting Goods said Tuesday the deal has received all regulatory approvals and should close Sept. 8.

    By • Updated Aug. 26, 2025
  • Exterior of Walmart store with a sign that reads "grocery" and two cars parked in front.
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    Sam Silverstein/Retail Dive
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    Walmart revenue grows as it works to absorb tariff hikes

    The retailer raised its full-year net sales guidance and noted that it is seeing costs increase as it replenishes inventory post-tariff changes.

    By • Aug. 21, 2025
  • A white truck is parked in front of a Lowe's store on a clear, bright day.
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    Daphne Howland/Retail Dive
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    Lowe’s $8.8B acquisition aims to strengthen pro business

    The deal with Foundation Building Materials comes about two months after the retailer closed on its acquisition of Artisan Design Group.

    By • Aug. 21, 2025
  • Closeup of a storefront sign.
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    Daphne Howland/Retail Dive
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    Target struggles with turnaround as Q2 sales drop

    The retailer needs to move "much faster," incoming CEO Michael Fiddelke said Wednesday. “I know we're not realizing our full potential right now.”

    By • Aug. 20, 2025