Operations: Page 130
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Party City misses estimates, sees more helium pain ahead
Sales and profits suffered as consumers reacted to omicron, inflation, war and the end of government stimulus measures.
By Ben Unglesbee • May 9, 2022 -
Neiman Marcus Group expands paid parental leave
In a tight labor market, companies are finding ways, beyond wage hikes, to attract and keep talent. Workers are aware of their struggle.
By Daphne Howland • May 9, 2022 -
Explore the Trendline➔
Spencer Platt / Staff via Getty ImagesTrendlineThe state of loss prevention in retail
The types of losses attributed to retail theft has become more apparent — as is the need for more in-depth reporting and prevention strategies.
By Retail Dive staff -
Best Buy expands in-store assortment of beauty and e-transportation products
Furniture is also playing a bigger role at the electronics giant after its acquisition of DTC brand Yardbird in November last year.
By Tatiana Walk-Morris • May 9, 2022 -
Deep Dive
Stitch Fix to stylists: 'Take ownership of the disappointment, no matter the role the data played'
Is the apparel e-retailer a tech company? Or not?
By Daphne Howland • May 9, 2022 -
Under Armour expects protracted supply chain challenges to temper sales
The sportswear brand has been strategically canceling orders as COVID-19 disrupts China and delays and capacity shortfalls persist.
By Ben Unglesbee • May 6, 2022 -
Adidas aims to fill the Nike gap at Foot Locker with expanded partnership
The new deal makes Foot Locker the "lead partner" for Adidas' basketball offerings and is expected to generate $2 billion in sales by 2025.
By Cara Salpini • May 6, 2022 -
Shopify buys Deliverr for $2.1B to accelerate fulfillment network expansion
The planned acquisition is a new step in Shopify's bid to build an end-to-end logistics platform.
By Max Garland • May 6, 2022 -
Lego Group to triple size of digital team
The toy maker is expanding its digital efforts in what it is calling "one of the single largest investments the Lego Group will make in a generation."
By Dani James • May 5, 2022 -
Target focuses on customer experience, supply chain in latest leadership shuffle
The mass merchant is operating from a position of strength, but is also likely realizing it must look harder for growth opportunities.
By Daphne Howland • May 5, 2022 -
Wayfair's net loss nears $320M as CFO prepares to exit
Michael Fleisher held the chief finance spot for eight years and will be succeeded by Kate Gulliver, who is the retailer's chief people officer.
By Caroline Jansen • May 5, 2022 -
Savage X Fenty plans 6 more stores
The lingerie brand opened its first store in January, followed by four others. Now, the company plans to more than double that footprint.
By Cara Salpini • May 5, 2022 -
Walgreens fills out executive team for retail
The company named a new chief marketing officer, chief merchant and chief product officer, all of whom will report to Chief Customer Officer Tracey Brown.
By Ben Unglesbee • May 5, 2022 -
Purple names new COO
Eric Haynor, who has 30 years of supply chain management experience, replaces John Legg, who exited the position in April.
By Caroline Jansen • May 4, 2022 -
American Dream lost $60M last year
On top of the pandemic's challenges, the sprawling, experience-rich, debt-ridden mall has been beset by several delays and mishaps.
By Daphne Howland • May 4, 2022 -
Office Depot owner close to decision on sale of retail business as revenue falls
Sycamore Partners and an unnamed suitor have offered to buy the retailer as consumer-facing office supplies specialists wrestle with declining demand.
By Ben Unglesbee • May 4, 2022 -
Amazon to hire more tech, corporate workers in California hubs
While the company is expanding its tech hubs in the state, it is grappling with overstaffing in its fulfillment network.
By Tatiana Walk-Morris • May 4, 2022 -
Torrid names new CEO
The former chief executive of Belk, Lisa Harper, is now in the top spot. Previous CEO Liz Muñoz was named the company's chief creative officer.
By Kaarin Moore • May 4, 2022 -
Amazon hit with $6B in costs as it grapples with excess labor, warehouse inefficiencies
The company's fulfillment network "quickly transitioned from being understaffed to being overstaffed" in Q1, CFO Brian Olsavsky said.
By Max Garland • May 4, 2022 -
Macy's to broaden Reebok apparel assortment in expanded deal
The department store will offer a deeper selection of Reebok products and will receive exclusives from the athletics brand.
By Cara Salpini • May 3, 2022 -
A third of small retailers can't pay rent as financial struggles spike again
Businesses surveyed by Alignable cited inflation pressures and supply chain disruption as pandemic-era challenges grind on.
By Ben Unglesbee • May 3, 2022 -
Union vows further organizing despite loss at Staten Island Amazon facility
The setback for the grassroots labor organizers comes on the heels of their historic win at a nearby warehouse run by the e-commerce giant.
By Daphne Howland • May 3, 2022 -
Hudson's Bay appoints CFO
Nadira Singh is taking the role at the HBC-owned brick-and-mortar company, recently separated from the department store's e-commerce operations.
By Tatiana Walk-Morris • May 3, 2022 -
Opinion
A day of reckoning arrives for ultrafast delivery services
The industry has failed to sustain the momentum it appeared to have on its side just a few months prior, writes Bob Hoyler, senior consultant at Euromonitor International.
By Bob Hoyler • May 3, 2022 -
United By Blue started in wholesale, expanded to DTC and now sells other sustainable brands. Here’s why.
Over the last 18 months, the company has grown its collection of third-party brands "really rapidly" to account for 20% of its assortment.
By Cara Salpini • May 3, 2022 -
Kohl's boosts reward benefits for card members to 7.5%
The retailer tested the program in eight markets over the past year and found an increase in Kohl's Card acquisitions and overall sales.
By Kaarin Moore • May 2, 2022