Target rides traffic boost to 19th straight quarter of growth

CEO Brian Cornell said that rises in comparable sales and other strong performance numbers were "proof our strategy is working."

By Ben Unglesbee • March 1, 2022

Ipsy, BoxyCharm parent raises $96M in funding

Beauty for All Industries, which has also launched DTC brands from Addison Rae and Becky G, will use the funding to scale its brands.

By Cara Salpini • March 1, 2022

Target's new hourly wage will soon be as much as $24

The mass merchant, whose starting rate has been $15 for a couple of years, will invest up to $300 million for pay and benefit expansions.

By Daphne Howland • Feb. 28, 2022

Walmart's third-party fulfillment business grew 500% last year

The retailer hopes to grow its seller base and their sales with logistics services, which in turn can help boost its nascent advertising business. 

By Ben Unglesbee • Feb. 28, 2022

What happened to Nordstrom Rack?

The department store's off-price business was a pioneer in the space and once buoyed the company. But lately it's been crashing.

By Daphne Howland • Feb. 28, 2022

Kimberly-Clark acquires majority stake in Thinx

The maker of Kotex and Kleenex made an initial minority investment into the DTC period underwear brand back in 2019.

By Caroline Jansen • Feb. 25, 2022

Nike moves away from Foot Locker in shift to DTC

Nike made up 75% of Foot Locker's purchases in 2020, a number that is poised to decline significantly this year. Comps may drop 10% in 2022 as a result.

By Cara Salpini • Feb. 25, 2022

The Weekly Closeout: Fanatics acquires Mitchell & Ness and Brooks tops $1B in revenue

The sports merchandise retailer — with Jay-Z, Meek Mill and others — snapped up the lifestyle brand, while the running company hit record highs.

By Retail Dive Staff • Feb. 25, 2022

Wayfair's revenue falls 11.4% in Q4 as its losses widen

The online retailer benefited at the onset of the pandemic. But as consumers shift spending to physical channels, the company is losing customers.

By Caroline Jansen • Feb. 24, 2022

Allbirds plans entry into wholesale to raise brand awareness

The DTC company is still "unknown" to the majority of U.S. consumers and is hoping a select number of "premium" retail partners will help with that.

By Cara Salpini • Feb. 24, 2022

Bath & Body Works CEO to step down

Andrew Meslow is leaving for health reasons after fifteen years with the brand, which grew sales by 22% last year. 

By Ben Unglesbee • Feb. 24, 2022

The Backroom: Kohl's vs. Wall Street

Activist investors have pressured the retailer to divest assets and potentially even sell itself. Retail Dive reporters discuss the implications of such moves.

By Retail Dive Staff • Feb. 24, 2022

Home Depot, Lowe's sales lap pandemic highs

While overall demand wanes, the biggest retailers in the sector posted strong gains as consumers invested in their homes around the holidays.

By Caroline Jansen • Feb. 23, 2022

TJX cruises past pre-pandemic sales levels

The retailer took a hit from freight and other costs, but may benefit from inflation-wary consumers seeking refuge in off-price.

By Ben Unglesbee • Feb. 23, 2022

Macy's rejects e-commerce spinoff as it looks to build on digital growth

The retailer's CEO cited risks to its customers and brands from breaking out its digital business as a stand-alone company.

By Ben Unglesbee • Feb. 22, 2022

The Weekly Closeout: Ulta adds former Sam’s Club COO to board and retailers shift mask policies

The beauty retailer refreshed its board with two new directors, while major retailers like Walmart and Amazon removed mask mandates for vaccinated employees.

By Retail Dive Staff • Feb. 18, 2022

Dollar Tree's executive chairman to retire

Bob Sasser joined the discounter more than two decades ago. His departure could smooth tensions with an activist investor. 

By Ben Unglesbee • Feb. 18, 2022

Blueland raises $20M as it pushes into personal care

The DTC cleaning brand plans to use the funds to expand into new categories and grow its retail presence.

By Caroline Jansen • Feb. 18, 2022

Walmart shrugs off disruption as US comps grow 5.6%

Despite a slowdown in e-commerce and over $400 million in supply chain costs in Q4, the retailer grew its sales and made a pile from non-retail income. 

By Ben Unglesbee • Feb. 17, 2022

Hasbro investor calls for gaming spinoff and board shakeup

Alta Fox Capital is not playing around, saying Thursday that its five nominees have deep knowledge of the toy maker's Wizards of the Coast universe.

By Daphne Howland • Feb. 17, 2022

Crocs revenue hits record $2.3B in 2021

With the clog maker poised to close on its acquisition of the Heydude footwear brand, it's now eyeing $6 billion in revenue by 2026. 

By Ben Unglesbee • Feb. 16, 2022

Selling out: What retail leaders need to know before striking a deal with private equity

As Kohl's and others field bids, it's worth noting that more than 40% of past buyouts and acquisitions have gone bankrupt.

By Ben Unglesbee • Feb. 15, 2022

'Our turnaround is now complete': Mattel takes victory lap after year of turbulence and growth

The toy maker grew sales, took market share and overcame supply chain disruptions in 2021, and is eyeing more growth ahead. 

By Ben Unglesbee • Feb. 14, 2022

What the Amazon union do-over in Alabama means for the future of retail

U.S. consumers, especially younger ones, harbor new expectations about the workplace that businesses may not be able to ignore.

By Daphne Howland • Feb. 14, 2022

Urban Outfitters taps Club Monaco vet to lead namesake brand

The company's fourth quarter momentum petered out in January as shipping costs weighed on margins and traffic to stores fell off.

By Daphne Howland • Feb. 11, 2022