Target misses Q3 earnings expectations, lowers guidance

The retailer will focus on deals and value as consumers become pickier with discretionary purchases.

By Nate Delesline III • Nov. 20, 2024

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.

By Daphne Howland • Nov. 19, 2024

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.

By Nate Delesline III • Nov. 19, 2024

Ace Hardware revenue grows to record $2.3B in Q3

Operating expenses also rose nearly 13% in the quarter as the company invests in store openings, marketing and more ad spending.

By Nate Delesline III • Nov. 18, 2024

Auction of struggling San Francisco Centre mall postponed

The property, previously anchored by a Nordstrom flagship that left last year and now more than $625 million in default, was set to be sold Thursday.

By Daphne Howland • Nov. 18, 2024

The 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.

By Retail Dive Staff • Nov. 15, 2024

Tapestry and Capri terminate merger agreement

After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and unlikely to be resolved.”

By Laurel Deppen • Nov. 14, 2024

Dillard’s keeps the focus on expenses in Q3 as sales edge down

Compared to some rivals, the department store is less dependent on the holiday quarter when it comes to the year’s operating profits.

By Daphne Howland • Nov. 14, 2024

US holiday retail sales to reach $1 trillion

About a quarter of those sales will occur online this year, a Forrester report predicts.

By Tatiana Walk-Morris • Nov. 14, 2024

Grove doubles down on DTC, will ditch brick-and-mortar partnerships

The sustainability-focused consumer products brand said that selling through retail stores generated few sales and has been “consistently unprofitable.”

By Daphne Howland • Nov. 13, 2024

Hurricane prep, recovery help drive Q3 growth at Home Depot

The company is also benefiting from its acquisition earlier this year of SRS Distribution, which is on track to contribute $6.4 billion in sales for the fiscal year.

By Nate Delesline III • Nov. 12, 2024

On pulls back on wholesale as Q3 sales surge more than 32%

The Swiss footwear brand said that opening flagship stores in China will help take advantage of its momentum in Asia.

By Daphne Howland • Nov. 12, 2024

With latest investment, Vuori’s valuation hits $5.5B

An $825 million infusion led by General Atlantic and Stripes will fortify the athleisure brand’s already formidable challenge to market leader Lululemon.

By Daphne Howland • Nov. 11, 2024

Beyond Meat posts positive growth for first time in almost 3 years

Despite quarterly sales volumes taking a hit, CEO Ethan Brown told analysts that the company’s price hikes are helping on its path to profitability.

By Elizabeth Flood • Nov. 11, 2024

Capri revenue falls sharply as hopes of a Tapestry merger dim

Jimmy Choo saw single-digit growth, while the company attributed second quarter declines at Versace and Michael Kors to soft luxury demand.

By Lara Ewen • Nov. 11, 2024

The Weekly Closeout: E.l.f. Beauty enters Dollar General as retail preps for a new president

The beauty brand is looking to democratize its offerings, while retail trade groups and analysts sound the alarm on tariffs amid the election results.

By Retail Dive Staff • Nov. 8, 2024

Tapestry logs better-than-expected net sales, driven by Coach

The Kate Spade and Stuart Weitzman owner said it wouldn’t pursue more mergers in the near term if its Capri Holdings acquisition failed.

By Laurel Deppen • Nov. 8, 2024

Tempur Sealy, Mattress Firm seek to pause FTC case

The companies say being forced to litigate both a federal court case and an FTC challenge would cause undue financial hardship.

By Nate Delesline III • Nov. 8, 2024

Warby Parker raises full-year guidance as it posts double-digit revenue growth in Q3

The company is on track to open 40 new stores by the end of the year and continues to add eye exam locations as it works to grow its vision offerings.

By Caroline Jansen • Nov. 7, 2024

Under Armour plots ‘most significant’ marketing to date as it works to win back shoppers

“I don’t believe the consumer’s mad at us, we just have to give them a reason to want to engage with us again,” CEO Kevin Plank said on a call with analysts.

By Cara Salpini • Nov. 7, 2024

Allbirds makes progress in Q3 but profits remain elusive

The DTC footwear brand’s store closures have hurt sales and saved cash. Now it’s introducing new styles and stepping up its marketing.

By Daphne Howland • Nov. 7, 2024

As Trump rises again, so too might inflation

Some retailers could get hit hard by policies promised by the president-elect, especially tariffs and taxes, though tax breaks may be a tailwind.

By Daphne Howland • Nov. 6, 2024

Casper finds new owners through Carpenter Co. deal

The brand, which was acquired in 2022 by Durational Capital Management, has become a subsidiary of the polyurethane foams manufacturer.

By Caroline Jansen • Nov. 4, 2024

Prime Day boosts Amazon sales, membership in Q3

Product sales were strong, but third-party seller services, advertising and subscriptions grew by double digits in the period.

By Daphne Howland • Nov. 1, 2024

Wayfair narrows losses even as revenue falls 2% in Q3

The retailer continues to face softened demand, but has been launching initiatives it hopes will drive long-term growth, CEO Niraj Shah said.

By Caroline Jansen • Nov. 1, 2024