Rite Aid rejected an unsolicited buyout offer

The drugstore retailer dismissed the off-market proposal as not credible, but kept the door open for future offers.

By Ben Unglesbee • April 22, 2022

Old Navy chief is out

Sonia Syngal, who previously led the value brand before taking the reins at owner Gap Inc., will fill in while the company searches for Nancy Green's replacement.

By Daphne Howland • April 21, 2022

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The 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

Digital Brands has ambitious expansion plans. A trade creditor wants them on ice until it is paid.

The DTC company's model is based on acquisitions. But it needs cash as losses expand and unpaid vendors seek payment in court. 

By Ben Unglesbee • April 21, 2022

Banana Republic to permanently shut websites in Europe

The retailer has recently gone through a brand revamp to focus on "democratic, approachable and inclusive luxury." 

By Kaarin Moore • April 21, 2022

Amazon seeks to expand reach with 'Buy with Prime'

The e-commerce giant continues to find ways to leverage other merchants' sales, this time including those outside its own marketplace.

By Daphne Howland • April 21, 2022

What Lululemon is prioritizing in the years ahead

From the retailer's plans for Mirror to what international markets it's planning to enter, here are some takeaways on the company's new strategy.

By Cara Salpini • April 21, 2022

Home Depot names company vet to CIO role

The home improvement retailer also named an executive vice president to reshape its customer experience in stores and online.

By Tatiana Walk-Morris • April 21, 2022

Victoria's Secret debuts inclusive, digital-only 'Happy Nation' tween brand

The gender-neutral assortment could challenge American Eagle's successful Aerie brand and reflects another step in the lingerie giant's evolution.

By Daphne Howland • April 20, 2022

Lululemon wants to double revenue to $12.5B by 2026, thanks to men's and digital

The retailer also revealed plans for Mirror, including a membership program launching later this year.

By Cara Salpini • April 20, 2022

Amazon's year could be weighed down by oil prices, stimulus end: analyst

Price hikes on Prime and fuel surcharges on sellers could offset some costs. Down the road, more employee unions are a "key risk" for the company, according to MKM Partners.

By Ben Unglesbee • April 20, 2022

How Lowe's retooled its logistics network to meet pandemic demand

Leveraging coastal holding facilities and shifting to a market delivery model are two pillars in the company's strategy, said Don Frieson, EVP of supply chain.

By Max Garland • April 20, 2022

Victoria's Secret Pink reveals first male celebrity brand ambassador

Darren Barnet will promote Pink's gender-free collection as the company pushes forward its message of inclusivity. 

By Kaarin Moore • April 19, 2022

Hasbro sees $100M shortfall from sales to Russia

The toy giant has suspended shipments to the country. Its latest results show continued supply chain disruptions, but the company is eyeing growth in 2022.

By Ben Unglesbee • April 19, 2022

Dollar General introduces no-cost degree program for employees

Employees and their families also will have access to general education courses.

By Emilie Shumway • April 19, 2022

Chewy launches freight service to fulfill linehaul needs

The online retailer is leveraging its own middle mile fleet in a bid for more reliable and less expensive transportation.

By Max Garland • April 19, 2022

PVH says the scale of its star brands puts aggressive goals within reach

The owner of Calvin Klein and Tommy Hilfiger is recalibrating in a tough environment, with direct-to-consumer and wholesale both in focus.

By Daphne Howland • April 19, 2022

After closing physical stores, Amazon doubles down on one-day delivery

In his first letter to shareholders, CEO Andy Jassy said Prime members "will love this." But the e-commerce giant may need it.

By Daphne Howland • April 18, 2022

Champs Sports opens experiential ‘Homefield’ concept

The store features a basketball and multisport court, a virtual reality system, a try-on treadmill for running shoes, and community programming.

By Cara Salpini • April 18, 2022

Gopuff taps former Amazon executive to oversee North American business

Maria Renz, who helped launch Amazon's grocery business, will oversee Gopuff's strategy and execution in the U.S.

By Jeff Wells • April 18, 2022

With Shanghai at a standstill, supply chain problems are compounding

Concerns are rising that Shanghai's lockdown is only the beginning of months-long challenges. 

By Kate Magill • April 18, 2022

Amazon to levy 5% fuel and inflation surcharge for fulfillment services

The surcharge, a first for Fulfillment by Amazon, comes after the e-commerce giant already hiked fees in January to help offset higher operating costs.

By Max Garland • April 14, 2022

Guess' Paul Marciano problem is shining a spotlight on boards

The brand's co-founder remains, while its board of directors is slammed by an activist investor and sued by victims over his alleged sexual crimes.

By Daphne Howland • April 14, 2022

Grove Collaborative hires former Unilever exec as CFO

Sergio Cervantes was CFO of Murad and led the skincare brand's integration into CPG giant Unilever after the company was acquired.

By Tatiana Walk-Morris • April 14, 2022

Out-of-stocks led to $175M in lost sales at Bed Bath & Beyond

Executives were "disappointed" in the retailer's fourth quarter results, blaming falling sales on industrywide supply chain challenges.

By Caroline Jansen • April 13, 2022

Chasing digital growth, Walmart poaches PayPal CFO

In tapping John Rainey to replace outgoing Chief Financial Officer Brett Biggs, the retail giant took the unusual step of hiring outside the company.

By Daphne Howland • April 13, 2022