Operations: Page 120
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Why Funko is destroying at least $30M worth of toys
The company faced high storage costs and inefficiency in its fulfillment operations as surplus stock piled up.
By Ben Unglesbee • March 16, 2023 -
BJ’s to roll out inventory robots chainwide
The club retailer is following other grocers in deploying automated vehicles, which use computer vision-driven cameras to scan shelves.
By Sam Silverstein • March 15, 2023 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
Reebok to develop exclusive products in expanded partnership with Macy’s
With a new owner steering the brand, Reebok has been forging partnerships with a number of retailers seeking to grow their product assortments.
By Tatiana Walk-Morris • March 15, 2023 -
Home Depot names new head of merchandising
Billy Bastek, who has been with the retailer for 33 years, replaces Jeff Kinnaird, who has left the company.
By Nate Delesline III • March 15, 2023 -
Patrick Ta names beauty vet as CEO
Kimberly Villatoro comes to the makeup brand with experience from Smashbox, Glamglow and Mattel.
By Howard Ruben • March 15, 2023 -
Glossier revamps executive team with new chief commercial officer
The beauty brand also promoted two executives to chief creative director and chief marketer roles.
By Cara Salpini • March 15, 2023 -
Five Below names COO
Kenneth Bull, who has been the company’s CFO, has been promoted to the position, while the retailer searches for a new financial chief.
By Nate Delesline III • March 14, 2023 -
Birchbox website comes back to life
While the beauty company's website is back online after being disabled for several weeks, users are still unable to check out.
By Dani James • March 14, 2023 -
J. Jill aims to grow store footprint, eventually
The apparel retailer ended the year with fewer stores and may close more, but it ultimately aims to “grow this important channel,” executives said.
By Daphne Howland • March 14, 2023 -
H&M taps ThredUp for resale program
The move comes as the fast-fashion retailer works to remake its sustainability image.
By Tatiana Walk-Morris • March 14, 2023 -
Supply chain optimization is a top priority for Nordstrom this year
Building on improvements made in 2022 will help the retailer's business amid a slump in sales, a company executive said.
By Max Garland • March 14, 2023 -
Joann shores up liquidity ahead of Q4 report
The crafts retailer, which made Retail Dive’s bankruptcy watchlist last year, has seen sales fall and costs rise after a pandemic boom.
By Daphne Howland • March 13, 2023 -
Retrieved from Overstock on May 12, 2021
How Overstock is wooing new suppliers and weathering retail’s inventory torrent
While 2022’s discounting frenzy cost the online retailer market share, the CEO said it’s looking to grow through new categories and brands.
By Ben Unglesbee • March 13, 2023 -
Retrieved from Gopuff press release.
Gopuff makes third round of layoffs since last spring
Latest staff cuts include about 2% of the company’s global workforce, according to a company spokesperson.
By Brett Dworski • March 13, 2023 -
Sponsored by Mood Media
Emotions drive sales: The power of behavioral economics
Retailers who become more emotionally driven can significantly increase profits and build a stronger connection between their customers and their brand.
March 13, 2023 -
Diptyque Americas names first chief marketing officer
The appointment of Jessie Dawes comes as the perfume brand embarks on a U.S. expansion.
By Howard Ruben • March 10, 2023 -
Allbirds CFO exits as the brand pulls back on store openings
The DTC footwear brand will continue to seek out wholesale partnerships as it prioritizes profitability.
By Caroline Jansen • March 10, 2023 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Tuesday Morning wants to close over 250 stores
The discount retailer says it “has too many stores” and needs a smaller brick-and-mortar footprint to remain a viable business.
By Nate Delesline III • March 10, 2023 -
More shakeup at Gap Inc. as sales fall, losses mount
The apparel retailer said it’s close to naming a new CEO, but announced the exit of a few executives, including Athleta chief Mary Beth Laughton.
By Daphne Howland • March 10, 2023 -
Roku sells TVs, soundbars exclusively at Best Buy
The electronics retailer's sales have declined amid an overall drop in the segment.
By Tatiana Walk-Morris • March 10, 2023 -
Dick’s bets on House of Sport, shutters Field & Stream
The company is closing its last 17 hunting stores, but sees potential for 100 of the experiential sports-oriented locations over the next five years.
By Nate Delesline III • March 9, 2023 -
Zulily announces layoffs, again
The online retailer’s parent company, Qurate Retail Group, announced layoffs last week that mostly impacted HSN and QVC.
By Kaarin Moore • March 9, 2023 -
Fly By Jing raises $12M
The Chinese food brand — which launched in 2018 — also appointed its first chief financial, operations and commercial officers.
By Dani James • March 9, 2023 -
Stitch Fix walks back key initiatives in quest for recovery
Changes meant to appeal to new customers and boost sales have backfired, founder and interim CEO Katrina Lake said this week.
By Daphne Howland • March 9, 2023 -
Adidas projects first annual loss in 3 decades as it shakes up management team
The impact of its terminated Yeezy partnership is biting into profitability and revenue.
By Nate Delesline III • March 8, 2023