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USPS better equipped for 2022 holidays after past peak struggles
The Postal Service will be less reliant on “peak season heroics” this year, an agency representative said at a House subcommittee hearing.
By Max Garland • Nov. 21, 2022 -
Herschel Supply opens first US store as it plots expansion
The 2,500-square-foot store will be in New York City’s Flatiron District and will feature a space dedicated to local artists and community events.
By Caroline Jansen • Nov. 21, 2022 -
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 -
Nike pursues ‘next stage’ of expansion with first Rise concept in North America
Nike Aventura in Miami mimics the tech features at the company’s other locations and marks yet another investment in data-driven stores.
By Tatiana Walk-Morris • Nov. 21, 2022 -
Hasbro looks to unload eOne entertainment studio
The toy giant bought the business for $4 billion in 2019. It plans to retain some production capabilities to support projects around key brands.
By Ben Unglesbee • Nov. 21, 2022 -
Luxury retailers power through despite strong dollar, shaky economy
Wealthy consumers are shrugging off inflation and buying high-end goods at higher prices, but that could soften soon.
By Daphne Howland • Nov. 21, 2022 -
Sponsored by Appriss Retail
Returns are no longer just a cost of doing business
A comprehensive returns strategy can enhance shopper engagement while minimizing the impact on the bottom line.
Nov. 21, 2022 -
Amazon CEO signals more layoffs to come in 2023
After announcing job cuts this week, Andy Jassy said the company would eliminate more roles, including in its team devoted to stores.
By Ben Unglesbee • Nov. 18, 2022 -
New chief Mary Dillon details plans to ‘simplify’ Foot Locker business, improve e-commerce
As Dillon sets her strategy, the retailer will no longer expand into Japan and is winding down two European ventures.
By Cara Salpini • Nov. 18, 2022 -
Dollar Tree hires 4 new C-suite executives
In a continued leadership shakeup, the company named chief compliance, diversity, sustainability and communication officers.
By Tatiana Walk-Morris • Nov. 18, 2022 -
Gap Inc. recovers in Q3 despite Yeezy debacle and heavy discounting
The apparel retailer swung to a profit, and, in a surprise, its once-dormant Banana Republic label led the way.
By Daphne Howland • Nov. 18, 2022 -
Macy’s maintains inventory discipline for a solid Q3
The department store has plenty of fresh merchandise for the holidays, though inflation makes Q4 murky, executives said Thursday.
By Daphne Howland • Nov. 17, 2022 -
Kohl’s pulls guidance as it buckles up for discount-heavy holiday season
The retailer’s profits and sales continued their slide in the third quarter. Now it is headed into the most important period without a CEO.
By Ben Unglesbee • Nov. 17, 2022 -
Amazon confirms layoffs
The company is consolidating teams following reports earlier in the week that said the e-commerce giant was firing thousands.
By Kaarin Moore • Nov. 17, 2022 -
Casper refinances debt with new $80M credit facility
The funds will be used to retire another loan, as well as to support the capital needs of the business.
By Caroline Jansen • Nov. 17, 2022 -
Walmart’s inventory glut recedes
Markdowns and canceled orders helped the retail giant trim excess inventory by a third in Q3.
By Max Garland • Nov. 17, 2022 -
Target’s profits tumble again, casting a shadow over the holidays
Another disappointing quarter points to pressures on consumers, but some analysts also took the retailer to task for its performance.
By Ben Unglesbee • Nov. 16, 2022 -
Estee Lauder saves key sales driver with $2.8B Tom Ford deal
The beauty company beat out Gucci owner Kering, which was reportedly also in talks to buy the luxury apparel and accessories brand.
By Daphne Howland • Nov. 16, 2022 -
Self-checkout now comprises nearly 40% of grocery checkout options, study says
Consumers that use both self-checkout and staffed lanes are highly valuable to retailers, according to shopper intelligence firm Catalina.
By Catherine Douglas Moran • Nov. 16, 2022 -
Retrieved from Amazon on November 11, 2022
Amazon tests new robotic system to improve warehouse efficiency
The company says Sparrow will automate the task of moving items prior to packaging, a critical part of the fulfillment process.
By Max Garland • Nov. 16, 2022 -
ThredUp lowers outlook amid fresh competition from legacy retailers
The price promotions being used to clear a glut of inventory at many stores are dampening demand for secondhand apparel, executives said.
By Daphne Howland • Nov. 15, 2022 -
Foot Locker deepens Puma partnership to secure more exclusive product
The deal emphasizes basketball, and gives Foot Locker exclusive access to a series of new collections from the brand.
By Tatiana Walk-Morris • Nov. 15, 2022 -
Nike loses third diversity officer in 2 years
Jarvis Sam is leaving the position after a matter of months.
By Cara Salpini • Nov. 15, 2022 -
Francesca’s names CFO
Teresa Baker is the company’s latest hire, following the fall appointments of its CTO and vice president of e-commerce.
By Kaarin Moore • Nov. 15, 2022 -
Party City taps new COO to optimize supply chain
The leadership change comes as the party goods retailer targets $30 million in cost cuts.
By Sarah Zimmerman • Nov. 15, 2022 -
Amazon reportedly plans 10K layoffs, with a focus on retail
The e-commerce giant is also downsizing divisions related to devices like Alexa and human resources, the New York Times reports.
By Daphne Howland • Nov. 14, 2022