The Children's Place COO to retire

The kids' apparel retailer doesn't plan on filling Leah Swan's role after she leaves the company. 

By Ben Unglesbee • April 26, 2022

J.C. Penney owners Simon and Brookfield prepared to buy Kohl's for $8.6B, NY Post reports

The developers have teamed up to salvage bankrupt retailers including Forever 21 and Aeropostale, and keep those mall stores running.

By Daphne Howland • April 26, 2022

Bed Bath & Beyond talking with suitors for BuyBuy Baby: WSJ

Just two months after Chewy founder Ryan Cohen took an activist stake in the retailer, it is at least entertaining one of his main objectives.

By Ben Unglesbee • April 25, 2022

ThirdLove snaps up Kit Undergarments in first acquisition

CEO Heidi Zak said the bra company wanted a sub-brand to target a younger demographic and chose to acquire one rather than build it internally.

By Cara Salpini • April 25, 2022

For furniture retail, supply chain chaos has become 'normalized'

As category players extend lead times and amass inventory to manage delays, they're also building sourcing relationships beyond China and Vietnam.

By Ben Unglesbee • April 25, 2022

The Weekly Closeout: REI expands run assortment and Farfetch enters beauty

The outdoors retailer will also improve employee training in the category. Meanwhile, the luxury platform will offer a "curated edit" of beauty items.

By Retail Dive Staff • April 22, 2022

Rite Aid rejected an unsolicited buyout offer

The drugstore retailer dismissed the off-market proposal as not credible, but kept the door open for future offers.

By Ben Unglesbee • April 22, 2022

Digital Brands has ambitious expansion plans. A trade creditor wants them on ice until it is paid.

The DTC company's model is based on acquisitions. But it needs cash as losses expand and unpaid vendors seek payment in court. 

By Ben Unglesbee • April 21, 2022

What Lululemon is prioritizing in the years ahead

From the retailer's plans for Mirror to what international markets it's planning to enter, here are some takeaways on the company's new strategy.

By Cara Salpini • April 21, 2022

Lululemon wants to double revenue to $12.5B by 2026, thanks to men's and digital

The retailer also revealed plans for Mirror, including a membership program launching later this year.

By Cara Salpini • April 20, 2022

Amazon's year could be weighed down by oil prices, stimulus end: analyst

Price hikes on Prime and fuel surcharges on sellers could offset some costs. Down the road, more employee unions are a "key risk" for the company, according to MKM Partners.

By Ben Unglesbee • April 20, 2022

Hasbro sees $100M shortfall from sales to Russia

The toy giant has suspended shipments to the country. Its latest results show continued supply chain disruptions, but the company is eyeing growth in 2022.

By Ben Unglesbee • April 19, 2022

Has Gap Inc. hit bottom?

The apparel conglomerate's shares are getting lifted by various analyst reports these days, but the reasons are fairly glum.

By Daphne Howland • April 19, 2022

PVH says the scale of its star brands puts aggressive goals within reach

The owner of Calvin Klein and Tommy Hilfiger is recalibrating in a tough environment, with direct-to-consumer and wholesale both in focus.

By Daphne Howland • April 19, 2022

After closing physical stores, Amazon doubles down on one-day delivery

In his first letter to shareholders, CEO Andy Jassy said Prime members "will love this." But the e-commerce giant may need it.

By Daphne Howland • April 18, 2022

Guess' Paul Marciano problem is shining a spotlight on boards

The brand's co-founder remains, while its board of directors is slammed by an activist investor and sued by victims over his alleged sexual crimes.

By Daphne Howland • April 14, 2022

Out-of-stocks led to $175M in lost sales at Bed Bath & Beyond

Executives were "disappointed" in the retailer's fourth quarter results, blaming falling sales on industrywide supply chain challenges.

By Caroline Jansen • April 13, 2022

Rite Aid guidance could signal its ability to survive: analyst

The drugstore chain's losses have expanded, and it could face a decline in spending related to COVID-19.

By Ben Unglesbee • April 13, 2022

Epic Games raises $2B to develop its metaverse efforts

The funding brings its valuation to nearly $32 billion, and includes participation from Kirkbi, the investment firm behind The Lego Group.

By Tatiana Walk-Morris • April 13, 2022

Retail bankruptcy risks still low after 2020's flood: report

The pandemic surge in filings culled some weak players, while last year's boom in retail sales fueled turnarounds for others.

By Ben Unglesbee • April 12, 2022

Etsy sellers strike over transaction fee hike

Thousands of the marketplace's sellers are suspending their accounts, urging a boycott and demanding other changes as a 30% increase takes effect Monday.

By Daphne Howland • April 11, 2022

Lowe's CFO to exit

Dave Denton, who's been in the role since 2018, will become the CFO at Pfizer. Lowe's senior vice president of retail finance, Brandon Sink, will succeed Denton.

By Caroline Jansen • April 11, 2022

Drew Barrymore invests in Grove Collaborative

Barrymore will inform the company's product development and serve as a global brand and sustainability advocate as it prepares to go public.

By Tatiana Walk-Morris • April 11, 2022

As long-running legal feud slogs on, Lampert and Sears Holdings creditors ordered to mediation

The former head of the department store company has been accused of transferring billions of dollars in assets to himself. 

By Ben Unglesbee • April 8, 2022

Designer Brands aims to double private label sales

The company, which owns DSW and The Shoe Company, says that it has transformed from a retailer to a brand builder.

By Kaarin Moore • April 8, 2022