Spanx sells majority stake to Blackstone

The deal values the brand, known for its shapewear, at a total of $1.2 billion. Founder Sara Blakely will step into the role of executive chairwoman. 

By Ben Unglesbee • Oct. 22, 2021

Washington Prime Group CEO out as bankruptcy winds up

The mall REIT is now majority owned by investment firm SVP Global, after debt forgiveness that helped lighten its load by almost $1 billion.

By Daphne Howland • Oct. 22, 2021

Walmart-owned Moosejaw to open store in Bentonville

The outdoors retailer's 6,000-square-foot shop is located just a few blocks away from where Sam Walton launched Walton's 5 & 10 back in 1950.

By Maria Monteros • Oct. 21, 2021

Crocs posts blazing growth even amid supply chain struggles

Revenue growth hit 73% while the clog brand spent $75 million beefing up its supply chain as it contended with factory outages and shipping nightmares.

By Ben Unglesbee • Oct. 21, 2021

Ulta tests small-format stores, moves into wellness as it seeks growth

Five years ago, the beauty retailer tested smaller stores and ultimately didn't move forward with them. Now, executives say things have changed.

By Cara Salpini • Oct. 21, 2021

Pandemic rebounds: 5 retailers that bounced back in 2021

As the industry puts 2020 behind them, here's a look at some of the players that made notable comebacks this year.

By Maria Monteros • Oct. 21, 2021

Tailored Brands hires Neiman Marcus vet for CFO spot

Brandy Richardson, former financial chief for the luxury department store, joins another company trying to move on from a bankruptcy last year.  

By Ben Unglesbee • Oct. 20, 2021

Saks e-commerce company preps IPO: WSJ

The department store's brick-and-mortar and online operations split up in March, and some investors want Macy's to follow suit.

By Daphne Howland • Oct. 18, 2021

Is Best Buy undermining its storybook turnaround?

Layoffs and flexing in stores have taken a toll, current and former employees told Retail Dive. As one said, "You can't have good customer service when you barely have any customer service reps."

By Ben Unglesbee • Oct. 15, 2021

The Weekly Closeout: Activist reportedly takes stake in Macy's, urges Saks-like e-commerce split

Also, Target teamed up with Lego for a collection inspired by its famous bricks and Allbirds launched a new product ahead of its IPO.

By Retail Dive Staff • Oct. 15, 2021

Retail growth to cool after 2021's burst of demand: Moody's

Supply chain costs and a more normal sales environment will likely slow the pace of sales and profit growth, analysts with the ratings agency said. 

By Ben Unglesbee • Oct. 15, 2021

Entireworld to shut down

The DTC apparel company offered the right product at the right time. But, an acquisition deal falling through led to the closure of the brand. 

By Kaarin Moore • Oct. 15, 2021

Vuori plans 100 US stores as it rakes in $400M investment

The recent funding from SoftBank Vision Fund 2 is four times higher than Allbirds' largest fundraise and positions it for global expansion.

By Cara Salpini • Oct. 14, 2021

Lulu's joins bumper crop of retailers with plans to go public

The fast-fashion e-retailer says that brick-and-mortar apparel sales will increasingly be under pressure as younger consumers buy more online.

By Daphne Howland • Oct. 14, 2021

Best Buy pushes further into healthcare with Current Health acquisition

The platform allows for patient monitoring, telehealth and patient engagement, and follows similar moves by the retailer to offer tech-based health services.

By Kaarin Moore • Oct. 12, 2021

Signet snaps up Diamonds Direct for $490M in cash

The jeweler, which runs Jared, Kay and Zales, among other retailers, also raised its guidance for the year as it avoids supply chain snafus.

By Daphne Howland • Oct. 12, 2021

The Weekly Closeout: Mirror plans Canada launch and what’s with all the e-commerce spinoffs?

Lululemon will expand the home fitness tech to nearly 200 stores, and Macy's is encouraged to follow department store Saks on a strange path.

By Retail Dive Staff • Oct. 8, 2021

Owner of Chubbies and Solo Stove files for IPO

The outdoor brand platform joins a fast-growing cohort of DTC players making their exits for the public markets this year. 

By Ben Unglesbee • Oct. 7, 2021

With denim trends in its favor, Levi's shrugs off the price of cotton

The brand is mitigating expenses thanks to its tight supply chain control and maintaining momentum due in large part to its direct sales to customers. 

By Daphne Howland • Oct. 7, 2021

Macy's is reportedly being pushed to spin off its e-commerce business: Should any retailer do that?

Saks already did it, and Wall Street may want everyone to do it. Others are not so sure.

By Daphne Howland • Oct. 7, 2021

Private equity-owned PetSmart under scrutiny from Elizabeth Warren after activist group's report

The senator fired off a letter to BC Partners' chairman after an investigation claimed operations had deteriorated, putting workers and pets at risk.

By Ben Unglesbee • Updated Nov. 4, 2021

Rent the Runway files for IPO

The apparel rental site is unprofitable but said consumer interest in sustainability and secondhand clothes spurs its growth.

By Daphne Howland • Oct. 5, 2021

Gap Inc. acquires artificial intelligence startup CB4

The purchase is the latest in a series of technological investments by the retailer. 

By Tatiana Walk-Morris • Oct. 5, 2021

Pre-bankruptcy payouts under fire from government watchdog

Flailing retailers have paid many millions in retention bonuses to executives in the months and even days before a Chapter 11 filing.   

By Ben Unglesbee • Oct. 4, 2021

Parade looks to physical retail as it raises $20M in Series B funding round

The DTC intimates brand said it plans to open its first physical "experience" in SoHo, New York, in November. 

By Tatiana Walk-Morris • Oct. 4, 2021