Barclays downgrades Nike on inventory trouble, slowing demand and volatility in China

The retailer’s strength in North America may no longer be enough to offset its challenges in China, the analysts said.

By Cara Salpini • Sept. 21, 2022

Stitch Fix is losing customers as it competes against itself

The e-retailer’s new e-commerce site is stealing sales from its curated box business just as consumers pull back on apparel purchases.

By Daphne Howland • Sept. 21, 2022

FTC investigates Amazon’s $1.7B bid to acquire iRobot

The news marks the second acquisition by the mass retailer that the Federal Trade Commission has requested further information on this year. 

By Dani James • Sept. 21, 2022

Nordstrom adopts poison pill

The retailer’s announcement follows news that Mexican department store company Liverpool acquired a 9.9% stake earlier this month.

By Dani James • Sept. 20, 2022

Halloween spending to surpass 2021 levels: NRF

Participation in the holiday is expected to exceed pre-pandemic levels as shoppers return to old habits.

By Tatiana Walk-Morris • Sept. 20, 2022

Purple receives takeover bid

Coliseum Capital Management offered to buy the remaining common stock for $4.35 a share, a roughly 56% premium from the brand’s Friday closing price.

By Caroline Jansen • Sept. 19, 2022

Bankrupt Revlon gets court approval for exec bonus plan

Top executives could collectively receive tens of millions of dollars in incentive bonuses.

By Ben Unglesbee • Sept. 16, 2022

Amazon sued by California on allegations it blocks price competition

The state’s attorney general alleges that the e-commerce giant keeps sellers and wholesalers from offering lower prices outside its site.

By Ben Unglesbee • Sept. 15, 2022

Patagonia founder transfers ownership: ‘Earth is now our only shareholder’

From here on out, “every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the planet,” the company said.

By Cara Salpini • Sept. 14, 2022

Why is Family Dollar hacking at its prices amid inflation?

Hint: The answer starts with ‘D’ and ends with ‘ollar General.’

By Ben Unglesbee • Sept. 14, 2022

Olympia Sports files for bankruptcy as it works through liquidation

The regional sporting goods specialist at its height had 230 stores. After a series of deals and tribulations, it’s winding down to zero.

By Ben Unglesbee • Sept. 13, 2022

Holiday sales growth expected to slow this season: report

Inflation is projected to impact consumer spending overall, while e-commerce sales are expected to grow more this season according to Deloitte.

By Dani James • Sept. 13, 2022

Despite a strong Q2, Rent the Runway will lay off a quarter of its corporate employees by the end of the year

The apparel rental firm remains upbeat about its long-term prospects but is slashing costs to clear a path to profitability, executives said Monday.

By Daphne Howland • Sept. 13, 2022

Tuesday Morning gets a lifeline from Pier 1 owners

Retail Ecommerce Ventures is set to provide the retailer with new debt capital as well as access to its e-commerce platform and Pier 1 goods.

By Ben Unglesbee • Sept. 12, 2022

What happened to off-price retail this year?

The segment has thrived whether the economy was up or down, but its traditional resilience may not be what it once was.

By Daphne Howland • Sept. 12, 2022

The Weekly Closeout: Bloomingdale’s turns 150 and Jerry Seinfeld models for Kith

The department store has a slew of celebrations lined up and the sitcom star is just the latest in a history of unexpected models for the streetwear brand.

By Retail Dive Staff • Sept. 9, 2022

Qurate downgraded by S&P on demand, supply chain challenges

The QVC owner is facing demand declines while prepping for a post-television era.  

By Ben Unglesbee • Sept. 9, 2022

As it burns through cash, GameStop says it’s ready to start thinking about profits again

The retailer has pivoted quickly from hires and investments to cost-cutting. 

By Ben Unglesbee • Sept. 8, 2022

Lovesac pushes sales up 45% in the second quarter

The DTC brand exceeded its own expectations for top and bottom line growth at a time when other digitally native brands struggle to reach profitability.

By Caroline Jansen • Sept. 8, 2022

Target CEO Brian Cornell signs on for 3 more years as chief

The company changed its retirement policy for the executive, who led it through multiple upheavals and a $40 billion expansion in its sales.

By Ben Unglesbee • Sept. 7, 2022

Bed Bath & Beyond names interim CFO following executive’s death

The retailer announced Chief Accounting Officer Laura Crossen would take over responsibilities in the interim after Gustavo Arnal’s death on Friday.

By Caroline Jansen • Updated Sept. 7, 2022

With volatility and recession talk everywhere, what are retailers’ actual financial risks?

Some players have gotten stronger since the pandemic began. But 2021’s boom times papered over weakness in others.

By Ben Unglesbee • Sept. 6, 2022

Kohl’s gets $2B bid for real estate: Reuters

The retailer has reportedly discussed a leaseback deal with a private equity firm following a breakdown in acquisition talks earlier this year.

By Ben Unglesbee • Sept. 6, 2022

Bed Bath & Beyond’s CFO, Gustavo Arnal, dead at 52

Arnal, who joined the home retailer in 2020, previously held roles at Avon, Walgreens Boots Alliance and Procter & Gamble.

By Caroline Jansen • Sept. 4, 2022

Amazon hits major setback in bid to overturn Staten Island union vote

An official with the National Labor Relations Board recommended the company’s objection to the voting process be rejected and the union certified.

By Ben Unglesbee • Sept. 2, 2022