Operations: Page 139
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Adidas cuts guidance (again) amid inventory pileup
Any hope that the markdown mayhem of this year would be over by the holidays is fading.
By Ben Unglesbee • Oct. 21, 2022 -
Purple hires new chief marketer
Keira Krausz starts the position on Nov. 1, replacing Patrice Varni who is leaving the DTC company after a little more than a year.
By Tatiana Walk-Morris • Oct. 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 -
What Simon Property Group’s latest move says about the future of malls
The giant shopping center REIT’s newly acquired 50% stake in mixed-use developer Jamestown suggests the traditional mall’s days are numbered.
By Daphne Howland • Oct. 20, 2022 -
Hasbro suffers as inventory hangover eats into profits in Q3
The toy giant took a 31% hit to operating profit in its consumer products segment while price-wary consumers pulled back on purchases.
By Ben Unglesbee • Oct. 20, 2022 -
Amazon extends UPS as option for seller-fulfilled returns
The e-commerce giant previously told merchants the partnership would add convenience and encourage shoppers to buy more.
By Max Garland • Oct. 20, 2022 -
Skip the line: Advanced checkout tech is surging among c-stores
From self checkout machines to stores with no physical checkout at all, the options are growing for improving the shopping experience.
By Jessica Loder • Oct. 20, 2022 -
Over a third of retail execs are taking measures to clear inventory: study
Nearly all of the execs surveyed said increased promotions and availability guarantees were part of their holiday plans.
By Tatiana Walk-Morris • Oct. 19, 2022 -
Asos overhauls operations as apparel demand becomes unpredictable
The fast-fashion company is disappointed in its overseas results, especially in the U.S., where Nordstrom has exclusive distribution of its Topshop brand.
By Daphne Howland • Oct. 19, 2022 -
Target vet joins REI as VP of stores, retail operations
Mary-Farrel Tarbox joins REI with more than 30 years of retail experience, including at Crate and Barrel and Bed Bath & Beyond.
By Cara Salpini • Oct. 19, 2022 -
Target’s Deal Days event drives an uptick in store traffic: report
The retailer saw a 3.2% bump in footfall during its October holiday sale event, according to Placer.ai.
By Tatiana Walk-Morris • Oct. 19, 2022 -
Amazon opens second Style fashion store
An Amazon Style is now open in Columbus, Ohio, and uses technology to personalize the shopping experience.
By Kaarin Moore • Oct. 19, 2022 -
PayPal launches cash-back rewards program
The digital payments pioneer is trying to rope in customers with rewards via a new loyalty program.
By Tatiana Walk-Morris • Oct. 19, 2022 -
"Michaels Arts And Crafts store - Saugus, Massachusetts" by Anthony92931 is licensed under CC BY-SA 3.0
Michaels downgraded at S&P as pandemic craft boom wanes
With consumers pulling back on discretionary spending and changing their habits, the retailer is under pressure after last year’s leveraged buyout.
By Ben Unglesbee • Oct. 18, 2022 -
Nordstrom in search of new finance chief at a tricky time
Anne Bramman arrived five years ago and oversaw a volatile period, including the family’s attempt to take the department store private.
By Daphne Howland • Oct. 18, 2022 -
At Home launches mobile app
The retailer also expanded same-day delivery services to all store locations ahead of the holidays.
By Tatiana Walk-Morris • Oct. 18, 2022 -
Conn’s CEO exits after just over a year
Former CEO Norman Miller took on the role of interim chief executive following the departure of Chandra Holt, who joined the retailer last year from Walmart.
By Caroline Jansen • Oct. 18, 2022 -
Shein jumps into resale
The fast-fashion site has launched a way for its U.S. customers to buy and sell secondhand items via its mobile app.
By Daphne Howland • Oct. 17, 2022 -
Goat Group agrees to buy streetwear marketplace Grailed
The sneaker resale site is chasing growth after evolving into a hub of secondhand and new fashion, including apparel and accessories.
By Daphne Howland • Oct. 17, 2022 -
After years of litigation, Toys R Us’ creditors reach resolution with former execs
A judge approved a settlement in a lawsuit brought by suppliers and others the toy retailer owed money to when it collapsed in bankruptcy.
By Ben Unglesbee • Oct. 17, 2022 -
Bonobos appoints new CEO
John Hutchison held leadership positions at The North Face, Nike and TRX. He fills the role Micky Onvural exited in January.
By Tatiana Walk-Morris • Oct. 17, 2022 -
Deep Dive
Is Kohl’s ready for a change?
Activists are at it again, pushing the department store to improve its results. But some observers say it must do more than shake up its board.
By Daphne Howland • Oct. 17, 2022 -
Sponsored by Orckestra (powered by mdf commerce)
Is your OMS working for you?
As ecommerce continues to grow and processes get even more complex, there is a need for an OMS that can model logistic activities and handle the operational intricacies of the various stores and warehouses.
By Frank Kouretas, Chief Product Officer and Jean-Walter Guillery, Director of Product, Omnichannel at Orckestra (powered by mdf commerce) • Oct. 17, 2022 -
Column
The Weekly Closeout: Lacoste names deputy CEO and Mattress Firm is (still) mulling an IPO
Catherine Spindler was most recently the company’s chief brand officer, while the mattress company’s owner is still figuring out what to do with it.
By Retail Dive Staff • Oct. 14, 2022 -
Vuori opens flagship store in NYC
The SoHo store is the activewear brand’s largest location, and comes on the heels of its first store in London.
By Tatiana Walk-Morris • Oct. 14, 2022 -
Levi’s sees jump in supplier violations, points to wage payment challenges
The retailer terminated two supplier relationships for noncompliance after it found zero-tolerance violations, per its annual sustainability report.
By Max Garland • Oct. 14, 2022