The convenience of buy now, pay later creates risks: Fitch

Fast underwriting, low credit barriers and lack of reporting are hallmarks of a fast-growing market for the credit services.

By Ben Unglesbee • Aug. 3, 2021

Wolverine World Wide acquires activewear brand Sweaty Betty

The retailer, which is best known for its footwear, is acquiring the DTC company in an effort to expand its e-commerce strategy and product categories. 

By Kaarin Moore • Aug. 3, 2021

Foot Locker shells out $1.1B to acquire 2 athletic retailers

The expansion bid, which brings WSS and Atmos into the fold, provides the retailer with footholds in key growth markets in the U.S. and Japan. 

By Cara Salpini • Aug. 2, 2021

Gopuff raises another $1B to fuel rapid growth

The delivery company, which is now valued at $15 billion, will use the funding to expand to new locations, hire talent and build out its technology.

By Jeff Wells • Aug. 2, 2021

Walmart holds on to top spot of Fortune 500, Amazon leaps to No. 3

The pandemic drove growth at both companies, which were poised in their own ways to take advantage of changes in shopping patterns. 

By Ben Unglesbee • Aug. 2, 2021

Square to acquire buy now, pay later player Afterpay for $29B

The acquisition underscores Square CEO Jack Dorsey's ambitious plans to build a merchant and banking empire in new directions globally.

By Lynne Marek • Aug. 2, 2021

Global Brands' US business files for bankruptcy

The apparel maker owes millions of dollars in royalty money to brand owners. In Ch. 11, the company aims to sell itself off piecemeal. 

By Ben Unglesbee • July 30, 2021

Despite Prime Day, Amazon Q2 misses as pandemic boost fades

The e-commerce giant is seeing big revenue boosts from services outside of its online or store-based product sales.

By Daphne Howland • July 30, 2021

Klarna acquires platform that connects content creators, retailers

Apprl allows companies to create social shopping content and track campaign results as the payments company increases its marketing services.

By Tatiana Walk-Morris • July 30, 2021

Shopify keeps up blazing growth with revenue up 57%

The e-commerce services provider also announced what it said was its largest investment ever in its online store platform. 

By Ben Unglesbee • July 29, 2021

ThredUp snaps up European apparel resale company Remix for over $28M

The Bulgarian company's revenue and powerful software will help the U.S. resale site expand overseas.

By Daphne Howland • July 26, 2021

The Weekly Closeout: Bezos thanks Amazon customers for space flight and the latest news from Dick’s

Amazon founder Jeff Bezos came under fire for telling customers and employees they paid for his suborbital jaunt, and Dick's debuted two new marketing campaigns.

By Retail Dive Staff • July 23, 2021

Crocs revenue nearly doubles in Q2 as DTC and wholesale take off

The pandemic-era's emphasis on comfort has been a huge boon to the clog brand, which is widening its direct-to-consumer reach and collaborations. 

By Ben Unglesbee • July 22, 2021

Bluemercury names Maly Bernstein new CEO

Bernstein takes over from co-founder Marla Beck, who started the company in 1999 and has grown it to 180 locations under Macy's.

By Cara Salpini • July 22, 2021

‘We got it wrong’: Victoria’s Secret’s tricky new path

The company is testing three store remodels and a new off-mall store concept, and plotting the return of its fashion show.

By Daphne Howland • July 20, 2021

LVMH to acquire majority stake in Off-White

Virgil Abloh will retain his roles with both Off-White and Louis Vuitton and will launch new brands with the conglomerate. 

By Kaarin Moore • July 20, 2021

Rent the Runway confidentially files for IPO

After its reported pandemic struggles, the online fashion specialist is cashing in on a hot stock market. 

By Ben Unglesbee • July 20, 2021

Burlington poaches Ross exec to fill COO role

Travis Marquette is set to become the third C-suite executive from the off-pricer's rival as it eyes post-pandemic growth. 

By Ben Unglesbee • July 16, 2021

The Weekly Closeout: J.C. Penney’s inclusive kids apparel brand and the second(ish) item in Yeezy Gap

The department store launched a label in time for the back-to-school shopping season, and the rapper seems to be aiming for a repeat of its first product drop.

By Retail Dive Staff • July 16, 2021

S&P: Badly located malls remain vulnerable

Shopping centers in sparsely populated areas are likely to continue to lose tenants and sales, according to an S&P Global Market Intelligence report.

By Daphne Howland • July 15, 2021

Popshop Live valued at $100M

With celebrity backers, the platform aims to grow its platform as other livestream shopping apps raise venture capital.

By Tatiana Walk-Morris • July 15, 2021

Child tax credits an 'underappreciated' stimulus that could boost retail: Cowen

With monthly checks set to go to 39 million households, food, apparel, footwear and e-commerce sellers could benefit as back-to-school season picks up. 

By Ben Unglesbee • July 14, 2021

Shopic raises $10M for its clip-on smart cart tech

The Israeli artificial intelligence company is looking to set itself apart with a frictionless shopping system that can be attached to standard grocery carts.

By Sam Silverstein • July 14, 2021

QVC-owner Qurate hires new CEO

Set to retire this year, Mike George led the company through a tumultuous but successful journey during the pandemic. 

By Ben Unglesbee • July 13, 2021

Klarna acquires social shopping startup Hero

As part of the deal, Klarna's 250,000 retail partners will have access to the platform, allowing in-store staffers to become content creators.

By Tatiana Walk-Morris • July 13, 2021