Operations: Page 147
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Daphne Howland/Retail Dive
Sears owner plans to sell its corporate HQ
The sale would be yet one more disposed asset in an ongoing fire sale by the shrinking retailer.
By Ben Unglesbee • Dec. 17, 2021 -
screenshot of Federal Reserve press conference
'Really healthy' consumers are ready to spend for the holidays, Fed chief says
The pandemic continues to roil the supply chain and labor market, though wage increases aren't fueling inflation, Federal Reserve Chair Jerome Powell said.
By Daphne Howland • Dec. 17, 2021 -
Explore the Trendline➔
Spencer Platt / Staff via Getty Images
TrendlineThe 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 -
Courtesy of Target
ColumnThe Weekly Closeout: Target to launch 'Bet on Black' startup pitch competition
The retailer will provide mentorship and a total of $500,000 in funding. Meanwhile, Janie and Jack names a new CEO and Bark comes to REI.
By Retail Dive Staff • Dec. 17, 2021 -
Courtesy of Walmart
Chico's to offer same-day delivery through Walmart GoLocal
As GoLocal's first fashion client, speedy delivery for its namesake brand, White House Black Market and Soma, is now available in select markets.
By Maria Monteros • Dec. 17, 2021 -
Scott Olson/Getty Images via Getty Images
Consumers could return $66.7B in holiday merchandise this year
For retailers, the cost of returns is also going up, according to a report from CBRE.
By Tatiana Walk-Morris • Dec. 17, 2021 -
Courtesy of Indochino, Nordstrom
Indochino to launch into womenswear
The custom apparel retailer will also be increasing products for grooms and groomsmen as it pushes further into the wedding market.
By Kaarin Moore • Dec. 16, 2021 -
Strip centers outpacing traditional malls as physical retail recovers
The decline of department store anchors is just one reason why traffic to legacy shopping centers hasn't fully returned.
By Daphne Howland • Dec. 16, 2021 -
FatCamera via Getty Images
Retail has more — but slower — growth ahead in 2022: Moody's
After a heady comeback this year, the industry could settle in to a more modest pace, with supply chain, spending changes and debt levels posing some risk.
By Ben Unglesbee • Dec. 16, 2021 -
Courtesy of Neiman Marcus
Neiman Marcus Group pushes back against e-commerce split
CEO Geoffroy Van Raemdonck on Wednesday emphasized such a move would interfere with what he characterized as a well-integrated operation.
By Daphne Howland • Dec. 15, 2021 -
Flamingo
Marking its first acquisition, Harry's snaps up body odor brand Lumē
Prior to this point, the company focused on incubating and launching its own brands, including Flamingo, Cat Person and Headquarters.
By Cara Salpini • Dec. 15, 2021 -
(2007). Retrieved from Wikimedia Commons.
99 Cents Only downgraded by Moody's
The dollar store chain, based largely in the Southwest, has underperformed compared to its peers during the pandemic and struggled to pay down its debt.
By Ben Unglesbee • Dec. 15, 2021 -
Courtesy of Target
Retailers add 7.5% fewer seasonal jobs than last year: report
The October and November 2021 figures were the lowest for the retail sector since 2016, according to Challenger, Gray and Christmas.
By Tatiana Walk-Morris • Dec. 15, 2021 -
Astrid Stawiarz via Getty Images
Klarna debuts browser extension to enable installment payments for all online retailers
The tool also lets customers use coupons and cashback rewards, save products, receive price drop notifications and create one-time use Visa cards.
By Tatiana Walk-Morris • Dec. 15, 2021 -
Courtesy of Casper
These 10 DTC darlings helped pave the way for digitally native brands. Where are they now?
While several brands have experienced success through acquisitions, public listings or investments from larger retailers, others haven't been as fortunate.
By Caroline Jansen • Dec. 14, 2021 -
Courtesy of Purple
Purple brings on former New Balance chief as acting CEO
Following a quarter of declining sales and growing operating loss, Robert DeMartini steps into the role, succeeding Joseph Megibow.
By Caroline Jansen • Dec. 14, 2021 -
Joe Raedle via Getty Images
Dollar Tree hits back at activist investor seeking board revamp
The retailer hurled rhetorical bombs at a fund that wants to replace all of its directors and install a former Dollar General chief as executive chairman.
By Ben Unglesbee • Dec. 14, 2021 -
Courtesy of Foot Locker
Foot Locker launches women's apparel brand
Cozi is the company's first proprietary womenswear brand, and follows a larger trend of athletics retailers banking on their private labels.
By Tatiana Walk-Morris • Dec. 14, 2021 -
Courtesy of Chanel
Chanel taps Unilever exec as CEO
Leena Nair is leaving after three decades at the consumer products conglomerate, to take over in the fashion house's post-Lagerfeld era.
By Daphne Howland • Dec. 14, 2021 -
Courtesy of Amazon
6 killed as tornado destroys Amazon facility
The Edwardsville, Illinois, police chief on Saturday said recovery efforts were difficult in part because "it's not a set staff" at the delivery station.
By Daphne Howland • Dec. 13, 2021 -
Tim Boyle via Getty Images
Costco is adding pickup lockers to more stores
The retailer expects to have pickup lockers in more than 200 of its locations by the end of 2022, Chief Financial Officer Richard Galanti said.
By Sam Silverstein • Dec. 13, 2021 -
Courtesy of Forever 21, JCPenney
Forever 21 launches at J.C. Penney
The two retailers have been through recent bankruptcies and share a parent company.
By Kaarin Moore • Dec. 13, 2021 -
Retrieved from Instacart on March 02, 2021
Instacart's president announces exit after just 3 months
Former Facebook executive Carolyn Everson will depart at the end of the year, dealing a setback to the e-commerce company as it battles competitors and manages relationships with grocers.
By Catherine Douglas Moran • Dec. 13, 2021 -
Courtesy of Shoe Carnival
How Shoe Carnival became a billion-dollar brand — and counting
The footwear retailer is stepping up with revamped stores, a strategic acquisition and big goals set by new CEO Mark Worden.
By Daphne Howland • Dec. 13, 2021 -
Filipovic018 via Getty Images
Sponsored by KatapultKnow thy customer: 3 actionable customer insights retailers can get from a lease-to-own partner
Data retailers can use lease-to-own data to attract and connect with a whole new customer base.
Dec. 13, 2021 -
MoneyBlogNewz. (2010). "Competition in Shipping" [Photograph]. Retrieved from Flikr.
Survey: 94% of consumers expect to be notified about holiday shipping delays
Additionally, 77% of shoppers worry they will have issues purchasing gifts online this year, according to a report by Intercom.
By Tatiana Walk-Morris • Dec. 10, 2021
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